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| Date | Value |
|---|---|
| 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 |