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| Date | Value |
|---|---|
| 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 |