Centene (CNC) EBITDA Margin (2009 - 2026)
Centene's (CNC) quarterly EBITDA Margin came in at 4.17% in Q1 2026, up 88.0% year-on-year from 2.22% in Q1 2025, and up 206.82% quarter-over-quarter from 3.9% in Q4 2025.
Centene (CNC) EBITDA Margin (2009 - 2026) Analysis & Trends
Centene's EBITDA Margin history runs 18 years deep, the most recent figure standing at 4.17% for Q1 2026.
- On a quarterly basis, EBITDA Margin rose 88.0% year-over-year to 4.17% in Q1 2026; TTM through Mar 2026 was 3.88%, a 620.0% decrease from a year earlier, with the FY2025 full-year figure at 4.37%, down 655.0% from the prior year.
- EBITDA Margin rose to 4.17% in Q1 2026 per CNC's latest filing, from 3.9% in the prior quarter.
- Across five years, EBITDA Margin topped out at 4.17% in Q1 2026 and bottomed at 13.99% in Q3 2025.
- The 5-year median for EBITDA Margin is 1.8% (2024), against an average of 0.53%.
- Across the five-year window, EBITDA Margin soared 374 bps in 2023 and tumbled 1580 bps in 2025, its largest moves.
- Year by year, EBITDA Margin stood at 1.06% in 2022, then grew by 29 bps to 0.76% in 2023, then surged by 164 bps to 0.48% in 2024, then plunged by 909 bps to 3.9% in 2025, then soared by 207 bps to 4.17% in 2026.
- Per Business Quant, the three latest CNC EBITDA Margin figures stand at 4.17% (Q1 2026), 3.9% (Q4 2025), and 13.99% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 378.67 Bn | 347.44 Bn | 38.23 Bn | 8.05% |
| 2 | Cvs Health | 136.85 Bn | 125.05 Bn | 22.85 Bn | 13.85% |
| 3 | Elevance Health | 81.99 Bn | 46.04 Bn | 35.79 Bn | 1.71% |
| 4 | Cigna | 76.73 Bn | 68.88 Bn | -44.29 Bn | 2.06% |
| 5 | Humana | 46.13 Bn | 24.17 Bn | 5.94 Bn | 4.42% |
| 6 | Centene | 31.29 Bn | 7.54 Bn | 43.95 Bn | 4.17% |
| 7 | Molina Healthcare | 10.32 Bn | 1.40 Bn | 1.43 Bn | 1.33% |
| 8 | Oscar Health | 8.45 Bn | 1.65 Bn | 1.42 Bn | 1.30% |
| 9 | Alignment Healthcare | 3.84 Bn | 3.12 Bn | 144.48 Mn | 1.26% |
| 10 | Progyny | 2.57 Bn | 2.35 Bn | 83.07 Mn | 10.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.17% |
| Dec 31, 2025 | -3.90% |
| Sep 30, 2025 | -13.99% |
| Jun 30, 2025 | -0.94% |
| Mar 31, 2025 | 3.29% |
| Dec 31, 2024 | 0.48% |
| Sep 30, 2024 | 1.80% |
| Jun 30, 2024 | 3.42% |
| Mar 31, 2024 | 3.04% |
| Dec 31, 2023 | -0.76% |
| Sep 30, 2023 | 1.93% |
| Jun 30, 2023 | 3.36% |
| Mar 31, 2023 | 3.48% |
| Dec 31, 2022 | -1.06% |
| Sep 30, 2022 | 1.33% |
| Jun 30, 2022 | -0.38% |
| Mar 31, 2022 | 3.66% |
| Dec 31, 2021 | 1.85% |
| Sep 30, 2021 | 1.79% |
| Jun 30, 2021 | -1.45% |