Centene (CNC) EV to EBITDA (2010 - 2025)
Centene's EV to EBITDA was 2.98 in Q2 2025, down 16.4% from 3.57 a year earlier but up 11.2% from the prior quarter.
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Analysis
Centene (CNC) EV to EBITDA (2010 - 2025) Analysis & Trends
On a trailing twelve-month basis, Centene's EV to EBITDA was -13.27 through Jun 30, 2025; for FY2024, it was 3.05, down 36.1% from FY2023.
- In earlier years, EV to EBITDA was 4.76 in FY2023 (-57.6%), 11.24 in FY2022 (+4.7%), 10.74 in FY2021 (+105.9%) and 5.21 in FY2020 (-4.4%).
- Quarterly EV to EBITDA has moved between 2.68 (Q1 2025) and 11.24 (Q4 2022) over five years.
- Compared with a year earlier, EV to EBITDA has declined for three straight quarters, with an average decline of 26.7% over the last eight quarters.
- The best year-over-year quarter for EV to EBITDA over five years was Q1 2022 (growth of 120.8%); the worst was Q4 2023 (a decline of 57.6%).
- Per Business Quant data, CNC's EV to EBITDA in the three quarters before Q2 2025 was 2.68 (Q1 2025), 3.05 (Q4 2024) and 5.17 (Q3 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 341.92 Bn | 226.55 Bn | 36.67 Bn |
| 2 | Cvs Health | 112.26 Bn | 64.87 Bn | 47.23 Bn |
| 3 | Mckesson | 99.84 Bn | 86.30 Bn | 3.69 Bn |
| 4 | Elevance Health | 85.53 Bn | -56.21 Bn | 13.45 Bn |
| 5 | Cigna | 71.85 Bn | 41.39 Bn | 14.97 Bn |
| 6 | Cencora | 57.95 Bn | 47.04 Bn | 3.61 Bn |
| 7 | Cardinal Health | 51.09 Bn | 35.09 Bn | 2.56 Bn |
| 8 | Humana | 46.78 Bn | -41.02 Bn | 5.50 Bn |
| 9 | Centene | 30.87 Bn | -59.41 Bn | 14.55 Bn |
| 10 | Molina Healthcare | 9.86 Bn | -25.01 Bn | 1.43 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 2.98 |
| Mar 31, 2025 | 2.68 |
| Dec 31, 2024 | 3.05 |
| Sep 30, 2024 | 5.17 |
| Jun 30, 2024 | 3.57 |
| Mar 31, 2024 | 5.50 |
| Dec 31, 2023 | 4.76 |
| Sep 30, 2023 | 3.95 |
| Jun 30, 2023 | 4.45 |
| Mar 31, 2023 | 6.42 |
| Dec 31, 2022 | 11.24 |
| Sep 30, 2022 | 7.77 |
| Jun 30, 2022 | 9.45 |
| Mar 31, 2022 | 10.90 |
| Dec 31, 2021 | 10.74 |
| Sep 30, 2021 | 8.17 |
| Jun 30, 2021 | 10.48 |
| Mar 31, 2021 | 4.94 |
| Dec 31, 2020 | 5.21 |
| Sep 30, 2020 | 4.57 |
API Access
Centene EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=CNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "CNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=CNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();