Centene (CNC) Debt to Equity (2009 - 2026)

Centene (CNC) recorded quarterly Debt to Equity of $0.76 in Q1 2026, down 12.35% quarter-over-quarter from $0.87 in Q4 2025, and up 16.4% on a YoY basis from $0.65 in Q1 2025.

Centene (CNC) Debt to Equity (2009 - 2026) Analysis & Trends

Centene's Debt to Equity history runs 18 years deep, the most recent figure standing at $0.76 for Q1 2026.

  • In Q1 2026, Debt to Equity rose 16.4% year-over-year to $0.76; the TTM figure through Mar 2026 stood at $0.76 (up 16.4% YoY), while the FY2025 annual figure was $0.87, up 24.2% from the prior year.
  • Debt to Equity was $0.76 for Q1 2026 at Centene, down from $0.87 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.87 in Q4 2025 to a low of $0.64 in Q2 2025.
  • Historically, Debt to Equity has averaged $0.71 across 5 years, with a median of $0.7 in 2024.
  • The sharpest annual moves came in 2024 and 2025: Debt to Equity dropped 9.34% in 2024, then jumped 30.1% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.75 in 2022, then slipped by 7.76% to $0.69 in 2023, then rose by 1.74% to $0.7 in 2024, then increased by 24.2% to $0.87 in 2025, then decreased by 12.35% to $0.76 in 2026.
  • The last three Debt to Equity figures came in at $0.76 (Q1 2026), $0.87 (Q4 2025), and $0.84 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Unitedhealth 370.74 Bn 340.93 Bn 98.90 Bn 0.75
2 Cvs Health 129.62 Bn 118.00 Bn 4.43 Bn 0.81
3 Elevance Health 88.73 Bn 53.31 Bn 13.88 Bn 0.72
4 Cigna 78.23 Bn 70.61 Bn -44.29 Bn 0.73
5 Humana 45.63 Bn 23.73 Bn 4.00 Bn 0.75
6 Centene 32.06 Bn 8.39 Bn 49.24 Bn 0.76
7 Molina Healthcare 10.16 Bn 905.08 Mn 1.53 Bn 0.92
8 Oscar Health 8.44 Bn 1.64 Bn -3.22 Bn 0.26
9 Alignment Healthcare 4.05 Bn 3.33 Bn 135.85 Mn 1.56
10 Clover Health Investments 2.46 Bn 2.27 Bn 154.54 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 0.76
Dec 31, 2025 0.87
Sep 30, 2025 0.84
Jun 30, 2025 0.64
Mar 31, 2025 0.65
Dec 31, 2024 0.70
Sep 30, 2024 0.64
Jun 30, 2024 0.64
Mar 31, 2024 0.67
Dec 31, 2023 0.69
Sep 30, 2023 0.71
Jun 30, 2023 0.70
Mar 31, 2023 0.73
Dec 31, 2022 0.75
Sep 30, 2022 0.72
Jun 30, 2022 0.71
Mar 31, 2022 0.69
Dec 31, 2021 0.70
Sep 30, 2021 0.71
Jun 30, 2021 0.64