Centene (CNC) Debt Ratio (2009 - 2026)
Centene (CNC) posted Debt Ratio of 0.19 for Q2 2026, down 3.8% on a QoQ basis from 0.2 in Q1 2026, and down 4.64% year-over-year from 0.2 in Q2 2025.
Analysis
Centene (CNC) Debt Ratio (2009 - 2026) Analysis & Trends
Centene has reported Debt Ratio for 18 years, with the latest figure at 0.19 in Q2 2026.
- On a quarterly basis, Debt Ratio fell 4.64% year-over-year to 0.19 in Q2 2026; TTM through Jun 2026 was 0.19, a 4.64% decrease from a year earlier, with the FY2025 full-year figure at 0.23, up 0.86% from the prior year.
- Debt Ratio was 0.19 for Q2 2026 at Centene, down from 0.2 in the prior quarter.
- The five-year high for Debt Ratio was 0.23 in Q4 2022, with the low at 0.19 in Q2 2026.
- Average Debt Ratio over 5 years is 0.22, with a median of 0.22 recorded in 2025.
- The sharpest annual moves came in 2023 and 2024: Debt Ratio retreated 10.14% in 2023, then gained 6.72% in 2024.
- Over 5 years, Debt Ratio stood at 0.23 in 2022, then declined by 10.14% to 0.21 in 2023, then increased by 6.72% to 0.22 in 2024, then advanced by 0.86% to 0.23 in 2025, then fell by 14.43% to 0.19 in 2026.
- The last three Debt Ratio figures came in at 0.19 (Q2 2026), 0.2 (Q1 2026), and 0.23 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 354.24 Bn | 322.77 Bn | 36.67 Bn | 0.24 |
| 2 | Cvs Health | 122.38 Bn | 108.42 Bn | 47.23 Bn | 0.24 |
| 3 | Elevance Health | 86.47 Bn | 50.52 Bn | 13.45 Bn | 0.25 |
| 4 | Cigna | 73.02 Bn | 65.76 Bn | 14.97 Bn | 0.20 |
| 5 | Humana | 48.22 Bn | 24.35 Bn | 5.50 Bn | 0.26 |
| 6 | Centene | 31.79 Bn | 4.73 Bn | 14.55 Bn | 0.19 |
| 7 | Molina Healthcare | 9.95 Bn | 1.03 Bn | 1.43 Bn | 0.24 |
| 8 | Oscar Health | 9.53 Bn | 976.50 Mn | 1.09 Bn | 0.04 |
| 9 | Corvel | 3.41 Bn | 3.06 Bn | - | - |
| 10 | Alignment Healthcare | 2.70 Bn | 2.00 Bn | 180.96 Mn | 0.25 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.19 |
| Mar 31, 2026 | 0.20 |
| Dec 31, 2025 | 0.23 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.20 |
| Mar 31, 2025 | 0.21 |
| Dec 31, 2024 | 0.22 |
| Sep 30, 2024 | 0.21 |
| Jun 30, 2024 | 0.21 |
| Mar 31, 2024 | 0.22 |
| Dec 31, 2023 | 0.21 |
| Sep 30, 2023 | 0.21 |
| Jun 30, 2023 | 0.22 |
| Mar 31, 2023 | 0.22 |
| Dec 31, 2022 | 0.23 |
| Sep 30, 2022 | 0.23 |
| Jun 30, 2022 | 0.23 |
| Mar 31, 2022 | 0.23 |
| Dec 31, 2021 | 0.24 |
| Sep 30, 2021 | 0.24 |