Centene (CNC) FCF Margin (2009 - 2026)
Centene's (CNC) quarterly FCF Margin came in at 9.33% in Q1 2026, up 638.0% year-on-year from 1.26% in Q1 2025, and up 1762.82% quarter-over-quarter from 0.5% in Q4 2025.
Centene (CNC) FCF Margin (2009 - 2026) Analysis & Trends
Centene's FCF Margin history runs 18 years deep, the most recent figure standing at 9.33% for Q1 2026.
- On a quarterly basis, FCF Margin rose 638.0% year-over-year to 9.33% in Q1 2026; TTM through Mar 2026 was 3.79%, a 283.0% increase from a year earlier, with the FY2025 full-year figure at 2.48%, up 281.0% from the prior year.
- FCF Margin improved to 9.33% in Q1 2026 per CNC's latest filing, from 0.5% in the prior quarter.
- Across five years, FCF Margin topped out at 11.57% in Q1 2023 and bottomed at 6.83% in Q4 2022.
- The 5-year median for FCF Margin is 2.66% (2022), against an average of 3.01%.
- Across the five-year window, FCF Margin jumped 891 bps in 2023 and slumped 1324 bps in 2024, its largest moves.
- Year by year, FCF Margin stood at 6.83% in 2022, then surged by 100 bps to 0.02% in 2023, then tumbled by 8596 bps to 2.04% in 2024, then surged by 125 bps to 0.5% in 2025, then surged by 1763 bps to 9.33% in 2026.
- Per Business Quant, the three latest CNC FCF Margin figures stand at 9.33% (Q1 2026), 0.5% (Q4 2025), and 2.3% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 378.67 Bn | 347.44 Bn | 38.23 Bn | 7.29% |
| 2 | Cvs Health | 136.85 Bn | 125.05 Bn | 22.85 Bn | 10.06% |
| 3 | Elevance Health | 81.99 Bn | 46.04 Bn | 35.79 Bn | 3.94% |
| 4 | Cigna | 76.73 Bn | 68.88 Bn | -44.29 Bn | 8.81% |
| 5 | Humana | 46.13 Bn | 24.17 Bn | 5.94 Bn | 2.86% |
| 6 | Centene | 31.29 Bn | 7.54 Bn | 43.95 Bn | 9.33% |
| 7 | Molina Healthcare | 10.32 Bn | 1.40 Bn | 1.43 Bn | -2.98% |
| 8 | Oscar Health | 8.45 Bn | 1.65 Bn | 1.42 Bn | 56.17% |
| 9 | Alignment Healthcare | 3.84 Bn | 3.12 Bn | 144.48 Mn | 10.41% |
| 10 | Progyny | 2.57 Bn | 2.35 Bn | 83.07 Mn | 13.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.33% |
| Dec 31, 2025 | 0.50% |
| Sep 30, 2025 | 2.30% |
| Jun 30, 2025 | 3.24% |
| Mar 31, 2025 | 2.95% |
| Dec 31, 2024 | -2.04% |
| Sep 30, 2024 | -3.07% |
| Jun 30, 2024 | 5.53% |
| Mar 31, 2024 | -1.67% |
| Dec 31, 2023 | -0.02% |
| Sep 30, 2023 | 2.33% |
| Jun 30, 2023 | 6.69% |
| Mar 31, 2023 | 11.57% |
| Dec 31, 2022 | -6.83% |
| Sep 30, 2022 | 8.60% |
| Jun 30, 2022 | 9.04% |
| Mar 31, 2022 | 2.66% |
| Dec 31, 2021 | 1.31% |
| Sep 30, 2021 | 5.17% |
| Jun 30, 2021 | 4.97% |