Centene (CNC) FCF Margin (2009 - 2026)
Centene's FCF Margin came in at 6.38% for Q2 2026, up 3.14 percentage points from 3.24% a year earlier but down 1.97 percentage points from the prior quarter.
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Analysis
Centene (CNC) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Centene reported FCF Margin of 4.41%, up 3.80 percentage points year-over-year; for FY2025, it was 2.22%, up 2.52 percentage points from FY2024.
- FCF Margin carries a five-year change of -1.95 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was -0.30% in FY2024 (-5.01 pp), 4.71% in FY2023 (+1.07 pp), 3.64% in FY2022 (+1.02 pp) and 2.62% in FY2021 (-1.56 pp).
- The five-year range for quarterly FCF Margin is -5.09% (Q4 2022) to 10.40% (Q1 2023).
- Year-over-year, FCF Margin has increased for four consecutive quarters, with an average year-over-year change of +1.46 percentage points over the last eight quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q3 2021 (a gain of 9.00 percentage points), and the weakest in Q1 2024 (a drop of 11.90 percentage points).
- Business Quant data shows CNC's FCF Margin at 8.34% (Q1 2026), 0.45% (Q4 2025) and 2.30% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 341.92 Bn | 226.55 Bn | 36.67 Bn | 9.15% |
| 2 | Cvs Health | 112.26 Bn | 64.87 Bn | 47.23 Bn | 5.33% |
| 3 | Mckesson | 99.84 Bn | 86.30 Bn | 3.69 Bn | -0.32% |
| 4 | Elevance Health | 85.53 Bn | -56.21 Bn | 13.45 Bn | 3.22% |
| 5 | Cigna | 71.85 Bn | 41.39 Bn | 14.97 Bn | -1.00% |
| 6 | Cencora | 57.95 Bn | 47.04 Bn | 3.61 Bn | 2.86% |
| 7 | Cardinal Health | 51.09 Bn | 35.09 Bn | 2.56 Bn | 2.24% |
| 8 | Humana | 46.78 Bn | -41.02 Bn | 5.50 Bn | 4.49% |
| 9 | Centene | 30.87 Bn | -59.41 Bn | 14.55 Bn | 6.38% |
| 10 | Molina Healthcare | 9.86 Bn | -25.01 Bn | 1.43 Bn | -2.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.38% |
| Mar 31, 2026 | 8.34% |
| Dec 31, 2025 | 0.45% |
| Sep 30, 2025 | 2.30% |
| Jun 30, 2025 | 3.24% |
| Mar 31, 2025 | 2.95% |
| Dec 31, 2024 | -1.82% |
| Sep 30, 2024 | -2.69% |
| Jun 30, 2024 | 4.99% |
| Mar 31, 2024 | -1.50% |
| Dec 31, 2023 | -0.02% |
| Sep 30, 2023 | 2.33% |
| Jun 30, 2023 | 6.20% |
| Mar 31, 2023 | 10.40% |
| Dec 31, 2022 | -5.09% |
| Sep 30, 2022 | 8.60% |
| Jun 30, 2022 | 8.55% |
| Mar 31, 2022 | 2.44% |
| Dec 31, 2021 | 1.31% |
| Sep 30, 2021 | 4.87% |
API Access
Centene FCF Margin 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=fcf-margin&ticker=CNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=CNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();