Centene (CNC) Invested Capital (2009 - 2026)

Centene (CNC) recorded quarterly Invested Capital of $21.6 billion in Q1 2026, down 42.53% quarter-over-quarter from $37.5 billion in Q4 2025, and down 23.03% on a YoY basis from $28.0 billion in Q1 2025.

Centene (CNC) Invested Capital (2009 - 2026) Analysis & Trends

Centene's Invested Capital history runs 18 years deep, the most recent figure standing at $21.6 billion for Q1 2026.

  • In Q1 2026, Invested Capital fell 23.03% year-over-year to $21.6 billion; the TTM figure through Mar 2026 stood at $21.6 billion (down 23.03% YoY), while the FY2025 annual figure was $37.5 billion, down 16.87% from the prior year.
  • Invested Capital was $21.6 billion for Q1 2026 at Centene, down from $37.5 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $45.1 billion in Q4 2024 to a low of $21.1 billion in Q3 2025.
  • Historically, Invested Capital has averaged $29.8 billion across 5 years, with a median of $27.5 billion in 2024.
  • The sharpest annual moves came in 2024 and 2025: Invested Capital rose 7.84% in 2024, then fell 23.4% in 2025.
  • A 5-year view of Invested Capital shows it stood at $42.4 billion in 2022, then increased by 3.63% to $43.9 billion in 2023, then increased by 2.83% to $45.1 billion in 2024, then retreated by 16.87% to $37.5 billion in 2025, then tumbled by 42.53% to $21.6 billion in 2026.
  • The last three Invested Capital figures came in at $21.6 billion (Q1 2026), $37.5 billion (Q4 2025), and $21.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Unitedhealth 363.95 Bn 334.15 Bn 98.90 Bn 110.37 Bn
2 Cvs Health 124.98 Bn 113.36 Bn 4.43 Bn 80.22 Bn
3 Elevance Health 85.46 Bn 50.04 Bn 13.88 Bn 75.02 Bn
4 Cigna 73.39 Bn 65.77 Bn -44.29 Bn 43.97 Bn
5 Humana 43.40 Bn 21.50 Bn 4.00 Bn 20.37 Bn
6 Centene 30.02 Bn 6.36 Bn 49.24 Bn 21.57 Bn
7 Molina Healthcare 9.92 Bn 668.90 Mn 1.53 Bn 4.08 Bn
8 Oscar Health 8.44 Bn 1.64 Bn -3.22 Bn 2.06 Bn
9 Alignment Healthcare 4.50 Bn 3.77 Bn 135.85 Mn 530.50 Mn
10 Clover Health Investments 2.61 Bn 2.41 Bn 154.54 Mn 339.43 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 21.57 Bn
Dec 31, 2025 37.53 Bn
Sep 30, 2025 21.07 Bn
Jun 30, 2025 27.52 Bn
Mar 31, 2025 28.02 Bn
Dec 31, 2024 45.14 Bn
Sep 30, 2024 27.51 Bn
Jun 30, 2024 27.55 Bn
Mar 31, 2024 27.16 Bn
Dec 31, 2023 43.90 Bn
Sep 30, 2023 25.51 Bn
Jun 30, 2023 25.88 Bn
Mar 31, 2023 25.26 Bn
Dec 31, 2022 42.36 Bn
Sep 30, 2022 25.78 Bn
Jun 30, 2022 26.73 Bn
Mar 31, 2022 27.61 Bn
Dec 31, 2021 45.97 Bn
Sep 30, 2021 26.84 Bn
Jun 30, 2021 26.30 Bn