Centene (CNC) Gross Margin (2009 - 2026)
Centene (CNC) posted quarterly Gross Margin of 27.16% for Q2 2026, up 678.0% year-over-year from 3.49% in Q2 2025, and up 16.51% quarter-over-quarter from 23.31% in Q1 2026.
Centene (CNC) Gross Margin (2009 - 2026) Analysis & Trends
Centene's Gross Margin history runs 18 years deep, the most recent figure standing at 27.16% for Q2 2026.
- In Q2 2026, Gross Margin rose 678.0% year-over-year to 27.16%; the TTM figure through Jun 2026 stood at 21.29% (down 52.0% YoY), while the FY2025 annual figure was 19.03%, down 388.0% from the prior year.
- Gross Margin for Q2 2026 stood at 27.16%, up from 23.31% in the prior quarter.
- The five-year high for Gross Margin was 27.16% in Q2 2026, with the low at 16.56% in Q4 2025.
- The 5-year median for Gross Margin is 22.44% (2023), against an average of 22.27%.
- The sharpest annual moves came in 2025 and 2026: Gross Margin sank 569 bps in 2025, then surged 678 bps in 2026.
- Centene's Gross Margin stood at 20.51% in 2022, then advanced by 9 bps to 22.37% in 2023, then fell by 1 bps to 22.05% in 2024, then declined by 25 bps to 16.56% in 2025, then jumped by 64 bps to 27.16% in 2026.
- Business Quant data shows CNC's Gross Margin at 27.16% in Q2 2026, 23.31% in Q1 2026, and 16.56% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 346.93 Bn | 315.46 Bn | 36.67 Bn | 32.74% |
| 2 | Cvs Health | 119.91 Bn | 105.95 Bn | 47.23 Bn | 44.52% |
| 3 | Elevance Health | 86.25 Bn | 50.30 Bn | 13.45 Bn | 26.65% |
| 4 | Humana | 45.69 Bn | 21.82 Bn | 5.50 Bn | 13.45% |
| 5 | Centene | 31.66 Bn | 4.60 Bn | 14.55 Bn | 27.16% |
| 6 | Molina Healthcare | 10.12 Bn | 1.21 Bn | 1.43 Bn | 13.19% |
| 7 | Oscar Health | 9.48 Bn | 922.10 Mn | 1.09 Bn | 22.25% |
| 8 | Alignment Healthcare | 2.69 Bn | 1.99 Bn | 180.96 Mn | 13.55% |
| 9 | Clover Health Investments | 2.16 Bn | 1.92 Bn | 153.00 Mn | 20.59% |
| 10 | Progyny | 2.03 Bn | 1.79 Bn | 89.30 Mn | 25.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.16% |
| Mar 31, 2026 | 23.31% |
| Dec 31, 2025 | 16.56% |
| Sep 30, 2025 | 17.69% |
| Jun 30, 2025 | 20.38% |
| Mar 31, 2025 | 21.70% |
| Dec 31, 2024 | 22.05% |
| Sep 30, 2024 | 23.37% |
| Jun 30, 2024 | 22.77% |
| Mar 31, 2024 | 23.45% |
| Dec 31, 2023 | 22.37% |
| Sep 30, 2023 | 22.51% |
| Jun 30, 2023 | 21.97% |
| Mar 31, 2023 | 24.31% |
| Dec 31, 2022 | 20.51% |
| Sep 30, 2022 | 21.62% |
| Jun 30, 2022 | 24.00% |
| Mar 31, 2022 | 25.14% |
| Dec 31, 2021 | 22.03% |
| Sep 30, 2021 | 21.53% |