Centene (CNC) Asset Utilization Ratio (2010 - 2026)
Centene's (CNC) Asset Utilization Ratio was 2.51 for Q3 2026, up 13.9% from 2.21 a year earlier and up 1.6% from the prior quarter.
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Analysis
Centene (CNC) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Centene was 2.45, up 25.4% from FY2024.
- Asset Utilization Ratio has increased for four consecutive years.
- By year, Asset Utilization Ratio came in at 1.95 in FY2024 (+2.4%), 1.91 in FY2023 (+2.4%), 1.86 in FY2022 (+8.7%) and 1.71 in FY2021 (-15.4%).
- The Q3 2026 figure ranks as the highest quarterly Asset Utilization Ratio since Q4 2015.
- Year over year, Asset Utilization Ratio has now increased in each of the last 11 quarters, with growth averaging 15.1% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q1 2026 (growth of 25.6%); the low point was Q4 2021 (a decline of 0.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 2.47 (Q2 2026), 2.51 (Q1 2026) and 2.45 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 356.05 Bn | 236.68 Bn | 35.71 Bn | 1.44 |
| 2 | Mckesson | 123.13 Bn | 104.51 Bn | 3.96 Bn | 4.64 |
| 3 | Cvs Health | 109.04 Bn | 57.80 Bn | 47.21 Bn | 1.64 |
| 4 | Elevance Health | 90.56 Bn | -52.02 Bn | 13.65 Bn | 1.59 |
| 5 | Cigna | 77.41 Bn | 46.27 Bn | 15.09 Bn | 1.82 |
| 6 | Cencora | 66.63 Bn | 55.53 Bn | 3.61 Bn | 4.02 |
| 7 | Cardinal Health | 63.51 Bn | 46.67 Bn | 2.60 Bn | 4.41 |
| 8 | Humana | 50.79 Bn | -37.07 Bn | 5.50 Bn | 2.59 |
| 9 | Centene | 33.94 Bn | -60.76 Bn | 9.52 Bn | 2.51 |
| 10 | Molina Healthcare | 10.37 Bn | -24.63 Bn | 1.36 Bn | 2.79 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.51 |
| Jun 30, 2026 | 2.47 |
| Mar 31, 2026 | 2.51 |
| Dec 31, 2025 | 2.45 |
| Sep 30, 2025 | 2.21 |
| Jun 30, 2025 | 2.05 |
| Mar 31, 2025 | 2.00 |
| Dec 31, 2024 | 1.98 |
| Sep 30, 2024 | 1.95 |
| Jun 30, 2024 | 1.90 |
| Mar 31, 2024 | 1.86 |
| Dec 31, 2023 | 1.82 |
| Sep 30, 2023 | 1.80 |
| Jun 30, 2023 | 1.78 |
| Mar 31, 2023 | 1.83 |
| Dec 31, 2022 | 1.83 |
| Sep 30, 2022 | 1.75 |
| Jun 30, 2022 | 1.68 |
| Mar 31, 2022 | 1.65 |
| Dec 31, 2021 | 1.61 |
API Access
Centene Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=CNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "CNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=CNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();