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
DateValue
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%