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 384.70 Bn 354.90 Bn 38.23 Bn 8.05%
2 Cvs Health 136.05 Bn 124.42 Bn 22.85 Bn 13.85%
3 Elevance Health 82.25 Bn 46.44 Bn 35.79 Bn 1.71%
4 Cigna 75.16 Bn 67.54 Bn -44.29 Bn 2.06%
5 Humana 47.47 Bn 25.57 Bn 5.94 Bn 4.42%
6 Centene 31.35 Bn 7.64 Bn 43.95 Bn 4.17%
7 Molina Healthcare 10.44 Bn 1.19 Bn 1.43 Bn 1.33%
8 Oscar Health 8.62 Bn 1.83 Bn 1.42 Bn 1.30%
9 Alignment Healthcare 4.13 Bn 3.41 Bn 144.48 Mn 1.26%
10 Progyny 2.48 Bn 2.26 Bn 83.07 Mn 10.77%

Historic Data

Download Data
DateValue
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%