Centene (CNC) FCF Margin (2009 - 2026)
Centene (CNC) recorded quarterly FCF Margin of 8.34% in Q1 2026, up 1751.67% quarter-over-quarter from 0.45% in Q4 2025, and up 539.0% on a YoY basis from 1.31% in Q1 2025.
Centene (CNC) FCF Margin (2009 - 2026) Analysis & Trends
Centene's FCF Margin history runs 18 years deep, the most recent figure standing at 8.34% for Q1 2026.
- In Q1 2026, FCF Margin rose 539.0% year-over-year to 8.34%; the TTM figure through Mar 2026 stood at 3.68% (up 284.0% YoY), while the FY2025 annual figure was 2.22%, up 252.0% from the prior year.
- FCF Margin was 8.34% for Q1 2026 at Centene, up from 0.45% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 11.57% in Q1 2023 to a low of 5.39% in Q4 2022.
- Historically, FCF Margin has averaged 3.04% across 5 years, with a median of 2.55% in 2025.
- The sharpest annual moves came in 2023 and 2024: FCF Margin jumped 913 bps in 2023, then slumped 1324 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 5.39% in 2022, then surged by 100 bps to 0.02% in 2023, then slumped by 8003 bps to 1.38% in 2024, then jumped by 133 bps to 0.45% in 2025, then surged by 1752 bps to 8.34% in 2026.
- The last three FCF Margin figures came in at 8.34% (Q1 2026), 0.45% (Q4 2025), and 2.55% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | 7.29% |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 10.06% |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 8.28% |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | 8.81% |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 3.00% |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 8.34% |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 9.77% |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 45,648.58% |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 9.89% |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 Bn | 154.54 Mn | 14.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.34% |
| Dec 31, 2025 | 0.45% |
| Sep 30, 2025 | 2.55% |
| Jun 30, 2025 | 3.24% |
| Mar 31, 2025 | 2.95% |
| Dec 31, 2024 | -1.38% |
| Sep 30, 2024 | -3.07% |
| Jun 30, 2024 | 4.99% |
| 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 | -5.39% |
| Sep 30, 2022 | 8.60% |
| Jun 30, 2022 | 9.04% |
| Mar 31, 2022 | 2.44% |
| Dec 31, 2021 | 1.31% |
| Sep 30, 2021 | 4.87% |
| Jun 30, 2021 | 4.97% |