Growth Metrics

Centene (CNC) EBITDA Margin (2009 - 2026)

Centene's quarterly EBITDA Margin came in at 3.99% in Q1 2026, up 40.0% year-on-year from 2.85% in Q1 2025, and up 225.32% quarter-over-quarter from 3.19% in Q4 2025.

Centene has reported EBITDA Margin for 18 years, with the latest figure at 3.99% in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA Margin rose 40.0% year-over-year to 3.99%; the trailing twelve-month figure through Mar 2026 stood at 3.47% (down 582.0% YoY), and the FY2025 full-year result was 3.61%, down 589.0% from the prior year.
  • EBITDA Margin for Q1 2026 stood at 3.99%, up from 3.19% in the prior quarter.
  • The five-year high for EBITDA Margin was 3.99% in Q1 2026, with the low at 15.16% in Q3 2025.
  • Average EBITDA Margin over 5 years is 0.78%, with a median of 2.18% recorded in 2024.
  • Year-over-year, EBITDA Margin jumped 368 bps in 2023 and slumped 1734 bps in 2025.
  • Tracing CNC's EBITDA Margin over 5 years: stood at 0.41% in 2022, then soared by 62 bps to 0.16% in 2023, then soared by 477 bps to 0.59% in 2024, then slumped by 643 bps to 3.19% in 2025, then surged 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Unitedhealth 345.31 Bn 315.51 Bn 98.90 Bn 8.05%
2 Cvs Health 115.41 Bn 103.79 Bn 4.43 Bn 13.85%
3 Elevance Health 88.60 Bn 53.18 Bn 13.88 Bn 1.55%
4 Cigna 72.05 Bn 64.43 Bn -44.29 Bn 2.06%
5 Humana 39.05 Bn 17.15 Bn 4.00 Bn 5.14%
6 Centene 30.50 Bn 6.84 Bn 49.24 Bn 3.99%
7 Molina Healthcare 9.31 Bn 60.65 Mn 1.53 Bn 0.77%
8 Oscar Health 6.86 Bn 63.05 Mn -3.22 Bn 1,060.06%
9 Alignment Healthcare 2.69 Bn 1.96 Bn 135.85 Mn 1.90%
10 Progyny 2.12 Bn 1.90 Bn 83.07 Mn 10.77%

Historic Data

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DateValue
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%
Mar 31, 2021 3.96%
Dec 31, 2020 0.05%
Sep 30, 2020 3.14%
Jun 30, 2020 7.28%
Mar 31, 2020 0.78%
Dec 31, 2019 1.47%
Sep 30, 2019 0.97%
Jun 30, 2019 3.72%
Mar 31, 2019 4.07%
Dec 31, 2018 2.34%
Sep 30, 2018 0.25%
Jun 30, 2018 3.45%
Mar 31, 2018 4.09%
Dec 31, 2017 1.41%
Sep 30, 2017 2.86%
Jun 30, 2017 3.66%
Mar 31, 2017 2.05%
Dec 31, 2016 4.40%
Sep 30, 2016 3.15%
Jun 30, 2016 3.46%
Mar 31, 2016 0.29%
Dec 31, 2015 3.49%
Sep 30, 2015 3.14%
Jun 30, 2015 3.14%
Mar 31, 2015 2.51%
Dec 31, 2014 4.08%
Sep 30, 2014 2.48%
Jun 30, 2014 2.31%
Mar 31, 2014 2.02%
Dec 31, 2013 2.89%
Sep 30, 2013 3.01%
Jun 30, 2013 2.63%
Mar 31, 2013 1.57%
Dec 31, 2012 6.52%
Sep 30, 2012 -1.20%
Jun 30, 2012 -2.38%
Mar 31, 2012 2.19%
Dec 31, 2011 4.04%
Sep 30, 2011 3.73%
Jun 30, 2011 4.21%
Mar 31, 2011 1.84%
Dec 31, 2010 3.85%
Sep 30, 2010 3.59%
Jun 30, 2010 3.87%
Dec 31, 2009 -279.37%
Sep 30, 2009 139.23%
Jun 30, 2009 3.02%