Centene (CNC) Debt Ratio (2009 - 2026)
Centene's (CNC) Debt Ratio came in at 0.19 for Q2 2026, down 4.6% from 0.20 a year earlier and down 3.8% from the prior quarter.
Analysis
Centene (CNC) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Centene's Debt Ratio stood at 0.23, up 0.9% from FY2024.
- In prior years, Centene's Debt Ratio was 0.22 in FY2024 (+6.7%), 0.21 in FY2023 (-10.1%), 0.23 in FY2022 (-2.5%) and 0.24 in FY2021 (-1.6%).
- The Q2 2026 figure stands as the lowest quarterly Debt Ratio since Q4 2015.
- On a year-over-year basis, Debt Ratio increased in four of the last eight quarters, with an average decline of 1.0%.
- The strongest year-over-year quarter for Debt Ratio in the past five years was Q4 2024, with growth of 6.7%; the weakest was Q4 2023, with a decline of 10.1%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.20 (Q1 2026), 0.23 (Q4 2025) and 0.21 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 341.92 Bn | 226.55 Bn | 36.67 Bn | 0.24 |
| 2 | Cvs Health | 112.26 Bn | 64.87 Bn | 47.23 Bn | 0.24 |
| 3 | Mckesson | 99.84 Bn | 86.30 Bn | 3.69 Bn | 0.11 |
| 4 | Elevance Health | 85.53 Bn | -56.21 Bn | 13.45 Bn | 0.25 |
| 5 | Cigna | 71.85 Bn | 41.39 Bn | 14.97 Bn | 0.20 |
| 6 | Cencora | 57.95 Bn | 47.04 Bn | 3.61 Bn | 0.14 |
| 7 | Cardinal Health | 51.09 Bn | 35.09 Bn | 2.56 Bn | 0.16 |
| 8 | Humana | 46.78 Bn | -41.02 Bn | 5.50 Bn | 0.26 |
| 9 | Centene | 30.87 Bn | -59.41 Bn | 14.55 Bn | 0.19 |
| 10 | Molina Healthcare | 9.86 Bn | -25.01 Bn | 1.43 Bn | 0.24 |
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 |
API Access
Centene Debt 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=debt-ratio&ticker=CNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=CNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();