Centene (CNC) EBITDA Margin (2009 - 2026)
Centene (CNC) recorded quarterly EBITDA Margin of 3.99% in Q1 2026, up 225.32% quarter-over-quarter from 3.19% in Q4 2025, and up 40.0% on a YoY basis from 2.85% in Q1 2025.
Centene (CNC) EBITDA Margin (2009 - 2026) Analysis & Trends
Centene's EBITDA Margin history runs 18 years deep, the most recent figure standing at 3.99% for Q1 2026.
- In Q1 2026, EBITDA Margin rose 40.0% year-over-year to 3.99%; the TTM figure through Mar 2026 stood at 3.47% (down 582.0% YoY), while the FY2025 annual figure was 3.61%, down 589.0% from the prior year.
- EBITDA Margin was 3.99% for Q1 2026 at Centene, up from 3.19% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 3.99% in Q1 2026 to a low of 15.16% in Q3 2025.
- Historically, EBITDA Margin has averaged 0.78% across 5 years, with a median of 2.18% in 2024.
- The sharpest annual moves came in 2023 and 2025: EBITDA Margin surged 368 bps in 2023, then slumped 1734 bps in 2025.
- A 5-year view of EBITDA Margin shows it stood at 0.41% in 2022, then surged by 62 bps to 0.16% in 2023, then surged by 477 bps to 0.59% in 2024, then tumbled by 643 bps to 3.19% in 2025, then jumped by 225 bps to 3.99% in 2026.
- The last three EBITDA Margin figures came in at 3.99% (Q1 2026), 3.19% (Q4 2025), and 15.16% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | 8.05% |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 13.85% |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 1.55% |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | 2.06% |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 5.14% |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 3.99% |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 0.77% |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 1,060.06% |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 1.90% |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 Bn | 154.54 Mn | 3.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.99% |
| Dec 31, 2025 | -3.19% |
| Sep 30, 2025 | -15.16% |
| Jun 30, 2025 | -0.65% |
| Mar 31, 2025 | 3.60% |
| Dec 31, 2024 | 0.59% |
| Sep 30, 2024 | 2.18% |
| Jun 30, 2024 | 3.42% |
| Mar 31, 2024 | 3.42% |
| Dec 31, 2023 | -0.16% |
| Sep 30, 2023 | 2.32% |
| Jun 30, 2023 | 3.78% |
| Mar 31, 2023 | 3.89% |
| Dec 31, 2022 | -0.41% |
| Sep 30, 2022 | 1.75% |
| Jun 30, 2022 | 0.10% |
| Mar 31, 2022 | 3.79% |
| Dec 31, 2021 | 2.32% |
| Sep 30, 2021 | 2.14% |
| Jun 30, 2021 | -0.98% |