Centene (CNC) Intangibles (2009 - 2026)
Centene (CNC) reported Intangibles of $4.2 billion for Q2 2026, down 16.1% from $5.01 billion a year earlier and down 3.7% from the prior quarter.
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Analysis
Centene (CNC) Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Centene posted Intangibles of $4.53 billion, down 16.3% from FY2024.
- Intangibles has declined for five consecutive years, with a five-year compound annual growth rate of -11.6% (FY2020 to FY2025).
- By year, Intangibles came in at $5.41 billion in FY2024 (-11.3%), $6.1 billion in FY2023 (-11.7%), $6.91 billion in FY2022 (-11.7%) and $7.82 billion in FY2021 (-6.7%).
- The Q2 2026 figure ranks as the lowest quarterly Intangibles since Q4 2019.
- Year over year, Intangibles has now declined in each of the last 19 quarters, with an average decline of 13.7% over the last eight quarters.
- The high point for year-over-year Intangibles in five years was Q3 2021 (growth of 0.2%); the low point was Q1 2023 (a decline of 17.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $4.36 billion (Q1 2026), $4.53 billion (Q4 2025) and $4.84 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 339.33 Bn | 223.96 Bn | 36.67 Bn | 19.75 Bn |
| 2 | Cvs Health | 111.30 Bn | 63.91 Bn | 47.23 Bn | 24.64 Bn |
| 3 | Mckesson | 100.82 Bn | 87.28 Bn | 3.69 Bn | 4.01 Bn |
| 4 | Elevance Health | 85.16 Bn | -56.58 Bn | 13.45 Bn | 10.98 Bn |
| 5 | Cigna | 72.72 Bn | 42.26 Bn | 14.97 Bn | 26.93 Bn |
| 6 | Cencora | 58.70 Bn | 47.79 Bn | 3.61 Bn | 5.93 Bn |
| 7 | Cardinal Health | 52.08 Bn | 36.08 Bn | 2.56 Bn | - |
| 8 | Humana | 46.46 Bn | -41.34 Bn | 5.50 Bn | - |
| 9 | Centene | 30.74 Bn | -59.55 Bn | 14.55 Bn | 4.20 Bn |
| 10 | Molina Healthcare | 9.85 Bn | -25.02 Bn | 1.43 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.20 Bn |
| Mar 31, 2026 | 4.36 Bn |
| Dec 31, 2025 | 4.53 Bn |
| Sep 30, 2025 | 4.84 Bn |
| Jun 30, 2025 | 5.01 Bn |
| Mar 31, 2025 | 5.24 Bn |
| Dec 31, 2024 | 5.41 Bn |
| Sep 30, 2024 | 5.58 Bn |
| Jun 30, 2024 | 5.76 Bn |
| Mar 31, 2024 | 5.93 Bn |
| Dec 31, 2023 | 6.10 Bn |
| Sep 30, 2023 | 6.28 Bn |
| Jun 30, 2023 | 6.52 Bn |
| Mar 31, 2023 | 6.73 Bn |
| Dec 31, 2022 | 6.91 Bn |
| Sep 30, 2022 | 7.52 Bn |
| Jun 30, 2022 | 7.67 Bn |
| Mar 31, 2022 | 8.14 Bn |
| Dec 31, 2021 | 7.82 Bn |
| Sep 30, 2021 | 8.14 Bn |
API Access
Centene Intangibles 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=intangibles&ticker=CNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=CNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();