Centene (CNC) Gross Margin (2009 - 2026)
Centene's quarterly Gross Margin came in at 98.59% in Q1 2026, up 7689.0% year-on-year from 1.27% in Q1 2025, and down 69.97% quarter-over-quarter from 328.34% in Q4 2025.
Centene has reported Gross Margin for 18 years, with the latest figure at 98.59% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 7689.0% year-over-year to 98.59%; the trailing twelve-month figure through Mar 2026 stood at 136.88% (up 11096.0% YoY), and the FY2025 full-year result was 98.63%, up 7572.0% from the prior year.
- Gross Margin for Q1 2026 stood at 98.59%, down from 328.34% in the prior quarter.
- The five-year high for Gross Margin was 339.67% in Q4 2023, with the low at 8.9% in Q3 2025.
- Average Gross Margin over 5 years is 75.79%, with a median of 22.77% recorded in 2024.
- Year-over-year, Gross Margin surged 32392 bps in 2023 and tumbled 29873 bps in 2024.
- Tracing CNC's Gross Margin over 5 years: stood at 15.75% in 2022, then soared by 2056 bps to 339.67% in 2023, then plunged by 88 bps to 40.94% in 2024, then surged by 702 bps to 328.34% in 2025, then slumped by 70 bps to 98.59% in 2026.
- The last three Gross Margin figures came in at 98.59% (Q1 2026), 328.34% (Q4 2025), and 8.9% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 88.52% |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | 13.12% |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | 28.04% |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | -451.37% |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | 10.61% |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | 98.59% |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 14.13% |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | -56,385.78% |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | 11.08% |
| 10 | Progyny | 2.12 Bn | 1.90 Bn | 83.07 Mn | 25.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 98.59% |
| Dec 31, 2025 | 328.34% |
| Sep 30, 2025 | 8.90% |
| Jun 30, 2025 | 98.68% |
| Mar 31, 2025 | 21.70% |
| Dec 31, 2024 | 40.94% |
| Sep 30, 2024 | 12.73% |
| Jun 30, 2024 | 22.77% |
| Mar 31, 2024 | 98.16% |
| Dec 31, 2023 | 339.67% |
| Sep 30, 2023 | 22.51% |
| Jun 30, 2023 | 97.48% |
| Mar 31, 2023 | 15.79% |
| Dec 31, 2022 | 15.75% |
| Sep 30, 2022 | 21.62% |
| Jun 30, 2022 | 19.59% |
| Mar 31, 2022 | 25.14% |
| Dec 31, 2021 | -191.98% |
| Sep 30, 2021 | 21.53% |
| Jun 30, 2021 | 15.50% |
| Mar 31, 2021 | 96.50% |
| Dec 31, 2020 | -196.04% |
| Sep 30, 2020 | 16.49% |
| Jun 30, 2020 | 96.99% |
| Mar 31, 2020 | 96.59% |
| Dec 31, 2019 | 318.30% |
| Sep 30, 2019 | 96.60% |
| Jun 30, 2019 | 17.02% |
| Mar 31, 2019 | 17.56% |
| Dec 31, 2018 | 285.15% |
| Sep 30, 2018 | 21.98% |
| Jun 30, 2018 | 26.80% |
| Mar 31, 2018 | 95.88% |
| Dec 31, 2017 | 306.40% |
| Sep 30, 2017 | 19.79% |
| Jun 30, 2017 | 21.26% |
| Mar 31, 2017 | 20.49% |
| Dec 31, 2016 | 269.66% |
| Sep 30, 2016 | 22.77% |
| Jun 30, 2016 | 23.05% |
| Mar 31, 2016 | 23.62% |
| Dec 31, 2015 | 93.86% |
| Sep 30, 2015 | 92.90% |
| Jun 30, 2015 | 92.39% |
| Mar 31, 2015 | 24.75% |
| Dec 31, 2014 | 92.70% |
| Sep 30, 2014 | 92.49% |
| Jun 30, 2014 | 26.42% |
| Mar 31, 2014 | 20.72% |
| Dec 31, 2013 | 96.31% |
| Sep 30, 2013 | 96.41% |
| Jun 30, 2013 | 18.26% |
| Mar 31, 2013 | 14.67% |
| Dec 31, 2012 | 99.07% |
| Sep 30, 2012 | 99.06% |
| Jun 30, 2012 | 3.91% |
| Mar 31, 2012 | 98.51% |
| Dec 31, 2011 | -174.06% |
| Sep 30, 2011 | 19.10% |
| Jun 30, 2011 | 19.46% |
| Mar 31, 2011 | 98.34% |
| Dec 31, 2010 | -199.50% |
| Sep 30, 2010 | 98.69% |
| Jun 30, 2010 | 20.19% |
| Dec 31, 2009 | -4,800.74% |
| Sep 30, 2009 | 41.97% |
| Jun 30, 2009 | 98.60% |