Centene (CNC) Free Cash Flow (2009 - 2026)
Centene's Free Cash Flow came in at $3.42 billion for Q2 2026, up 116.6% from $1.58 billion a year earlier but down 18.0% from the prior quarter.
Centene (CNC) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Centene reported Free Cash Flow of $8.95 billion, up 728.8% year-over-year; for FY2025, it was $4.32 billion.
- Free Cash Flow carries a five-year compound annual growth rate of -1.4% (FY2020 to FY2025).
- Going back by year, Free Cash Flow was -$490 million in FY2024, $7.25 billion in FY2023 (+38.0%), $5.26 billion in FY2022 (+59.5%) and $3.3 billion in FY2021 (-28.9%).
- The five-year range for quarterly Free Cash Flow is -$1.81 billion (Q4 2022) to $4.17 billion (Q1 2026).
- The fastest year-over-year change in Free Cash Flow over five years came in Q1 2023 (growth of 344.9%), and the weakest in Q4 2021 (a decline of 84.6%).
- Business Quant data shows CNC's Free Cash Flow at $4.17 billion (Q1 2026), $224 million (Q4 2025) and $1.15 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn | 10.25 Bn |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn | 5.65 Bn |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn | -332.00 Mn |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn | 1.63 Bn |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn | -718.00 Mn |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 Bn | 2.43 Bn |
| 7 | Cardinal Health | 51.76 Bn | 35.76 Bn | 2.56 Bn | 1.43 Bn |
| 8 | Humana | 45.82 Bn | -41.98 Bn | 5.50 Bn | 1.83 Bn |
| 9 | Centene | 30.70 Bn | -59.59 Bn | 14.55 Bn | 3.42 Bn |
| 10 | Molina Healthcare | 9.83 Bn | -25.04 Bn | 1.43 Bn | -324.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.42 Bn |
| Mar 31, 2026 | 4.17 Bn |
| Dec 31, 2025 | 224.00 Mn |
| Sep 30, 2025 | 1.15 Bn |
| Jun 30, 2025 | 1.58 Bn |
| Mar 31, 2025 | 1.38 Bn |
| Dec 31, 2024 | -741.00 Mn |
| Sep 30, 2024 | -1.13 Bn |
| Jun 30, 2024 | 1.99 Bn |
| Mar 31, 2024 | -607.00 Mn |
| Dec 31, 2023 | -6.00 Mn |
| Sep 30, 2023 | 885.00 Mn |
| Jun 30, 2023 | 2.33 Bn |
| Mar 31, 2023 | 4.04 Bn |
| Dec 31, 2022 | -1.81 Bn |
| Sep 30, 2022 | 3.09 Bn |
| Jun 30, 2022 | 3.07 Bn |
| Mar 31, 2022 | 909.00 Mn |
| Dec 31, 2021 | 427.00 Mn |
| Sep 30, 2021 | 1.58 Bn |
Centene Free Cash Flow 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=free-cash-flow&ticker=CNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=CNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();