Centene Corp (CNC) stock

CNCNYSEHospital & Medical Service PlansFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 27, 2026Score 8/301% above fair value

$70.27−0.21 (-0.30%)

Close on Nov 12, 2026Market cap $34.79BP/E 24.1Yield –

Centene statistics

101 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Feb 5, 2027 (estimated, after the close)
Last ex-dividend date: No dividends
Fundamentals through: Sep 30, 2026
Share price as of: Nov 12, 2026

Valuation ratiosIndustry

Market Cap: $34.79B; $3.32B
Enterprise Value: $26.82B; $2.85B
PE Ratio: 24.07; 10.99
PS Ratio: 0.17; 1.16
PB Ratio: 1.57; 1.57
P/TBV Ratio: 4.75; 1.73
P/FCF Ratio: 8.82; 8.16
P/OCF Ratio: 7.36; 7.17

Enterprise valuationIndustry

EV / Sales: 0.13; 0.96
EV / EBITDA: 12.00; 6.02
EV / EBIT: 26.63; 13.35
EV / FCF: 6.80; 7.18

Share statisticsIndustry

Shares Outstanding: 495M; 66M
Shares Change (YoY): -0.31%; -1.32%
Shares Change (QoQ): 0.20%; -0.09%
Float: 491M; 57M
Shares Held by Insiders: 0.79%; 3.33%
Shares Held by Institutions: 98.6%; 84.6%

Short sellingIndustry

Short Interest: 11M; –
Short Interest Change: -3.92%; -2.56%
Short % of Float: 2.14%; 3.81%
Short % of Shares Outstanding: 2.12%; 3.02%
Days to Cover: 2.04; 4.05

Stock price statisticsIndustry

52-Week High: $78.08; –
52-Week Low: $31.63; –
20-Day Moving Average: $69.73; –
50-Day Moving Average: $67.01; –
200-Day Moving Average: $56.49; –
Average True Range (14): $3.12; –
Price Change (1 Week): -5.26%; 0.12%
Price Change (1 Month): 0.16%; 4.24%
Price Change (3 Months): 4.15%; 0.69%
Price Change (6 Months): 19.7%; 11.5%
Price Change (YTD): 70.8%; 8.44%
Price Change (1 Year): 98.7%; 9.87%
Price Change (3 Years): -2.59%; 49.0%
Price Change (5 Years): -7.37%; 41.8%
Price Change (10 Years): 177.3%; 114.7%
Average Volume (10 Days): 6M; –
Average Volume (20 Days): 6M; –
Average Volume (90 Days): 5M; –
Relative Volume: 0.77; 0.78
Relative Strength Index (14): 53.3; 55.8
Volatility (1 Year): 46.1%; 28.3%
Beta (5 Years): 0.50; 0.60

MarginsIndustry

Gross Margin: 7.91%; 35.0%
Operating Margin: 0.49%; 4.82%
Pretax Margin: 0.94%; 13.5%
Profit Margin: 0.72%; 10.8%
EBITDA Margin: 1.10%; 13.5%
FCF Margin: 1.93%; 18.5%

Returns on capitalIndustry

Return on Equity (ROE): 6.77%; 13.9%
Return on Assets (ROA): 1.81%; 2.97%
Return on Invested Capital (ROIC): 4.58%; 17.9%
Return on Capital Employed (ROCE): 2.50%; 5.44%

Financial positionIndustry

Current Ratio: 1.16; 1.47
Quick Ratio: 0.60; 0.97
Debt / Equity: 0.70; 0.32
Debt / EBITDA: 6.95; 2.21
Debt / FCF: 3.94; 2.32
Net Debt / EBITDA: -3.60; -0.97
Interest Coverage: 1.59; 4.66

GrowthIndustry

Revenue Growth (YoY): 9.71%; 6.46%
FCF Growth (YoY): 17.5%; 9.52%
Revenue Growth (3Y CAGR): 10.5%; 9.53%
Revenue Growth (5Y CAGR): 11.9%; 8.29%

EfficiencyIndustry

Asset Turnover: 2.53; 0.27
Revenue Per Employee: $3.34M; $1.80M
Profits Per Employee: $23.90K; $182.48K
Employee Count: 61,100; 1,341
WACC: 6.25%; 7.87%

Income statement (TTM)Industry

Revenue: $203.90B; $4.42B
Gross Profit: $16.13B; $5.56B
Operating Income: $1.01B; $805.80M
Pretax Income: $1.92B; $617.47M
Net Income: $1.46B; $510.95M
EBITDA: $2.24B; $579.34M
EPS (Diluted): $2.92; $5.23

Balance sheetIndustry

Cash & Short-Term Investments: $23.59B; $519.20M
Total Debt: $15.54B; $668.00M
Net Cash (Debt): $8.04B; $331.32M
Net Cash Per Share: $16.25; $5.43
Equity (Book Value): $22.21B; $3.44B
Book Value Per Share: $44.86; $37.80
Tangible Book Value: $7.33B; $2.32B
Working Capital: $6.39B; $489.26M

Cash flow (TTM)Industry

Operating Cash Flow: $4.72B; $709.06M
Capital Expenditures: -$781.00M; -$9.40M
Free Cash Flow: $3.94B; $580.82M
FCF Per Share: $7.96; $8.18

Dividends and yieldsIndustry

Earnings Yield: 4.20%; 8.74%
FCF Yield: 11.3%; 11.6%
Buyback Yield: 0.07%; 3.22%
Shareholder Yield: 0.07%; 4.27%

Taxes and interestIndustry

Interest Expense: $634.00M; $77.46M
Income Tax: $459.00M; $107.00M
Effective Tax Rate: 23.9%; 20.0%

Scores and fair valueIndustry

Graham Number: $54.29; $76.72
Graham Upside: -22.7%; 11.1%
Altman Z-Score: 3.28; 0.94
Piotroski F-Score: 4; 5

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

Period	CNC	S&P 500	Difference	CNC per year	S&P 500 per year
1 month	+4.8%	-2.7%	+7.5 pts
3 months	+4.8%	-1.7%	+6.5 pts
Year to date	+70.8%	+11.9%	+58.9 pts
1 year	+94.1%	+12.0%	+82.1 pts
3 years	-2.2%	+78.2%	−80.4 pts	-0.7%	+21.2%
5 years	-7.4%	+73.2%	−80.6 pts	-1.5%	+11.6%
10 years	+177.3%	+309.6%	−132.3 pts	+10.7%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

11M CNC shares were sold short on Oct 30, 2026, down 3.9% from the previous report, or 2.14% of the shares available to trade. At recent volumes it would take 2.0 days to buy them back. Over the last 20 sessions, 47.7% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	10,506,217	-3.9%	5,162,476	2.0
Oct 15, 2026	10,934,979	+4.0%	4,317,316	2.5
Sep 30, 2026	10,512,889	-25.6%	5,280,228	2.0
Sep 15, 2026	14,134,355	+5.3%	4,067,687	3.5
Aug 31, 2026	13,426,202	+1.2%	3,879,057	3.5
Aug 14, 2026	13,270,562	-2.4%	4,413,294	3.0
Jul 31, 2026	13,590,512	+1.2%	5,606,652	2.4
Jul 15, 2026	13,435,405	-11.2%	4,002,879	3.4
Jun 30, 2026	15,126,981	+2.2%	6,097,198	2.5
Jun 15, 2026	14,797,561	+0.9%	5,378,461	2.8
May 29, 2026	14,669,935	-3.1%	4,118,772	3.6
May 15, 2026	15,140,918	-0.6%	6,429,134	2.4