Centene (CNC) Net Margin (2009 - 2026)
Centene's quarterly Net Margin came in at 3.08% in Q1 2026, up 26.0% year-on-year from 2.45% in Q1 2025, and up 239.3% quarter-over-quarter from 2.21% in Q4 2025.
Centene has reported Net Margin for 18 years, with the latest figure at 3.08% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 26.0% year-over-year to 3.08%; the trailing twelve-month figure through Mar 2026 stood at 3.34% (down 528.0% YoY), and the FY2025 full-year result was 3.43%, down 545.0% from the prior year.
- Net Margin for Q1 2026 stood at 3.08%, up from 2.21% in the prior quarter.
- The five-year high for Net Margin was 3.23% in Q1 2023, with the low at 14.77% in Q3 2025.
- Average Net Margin over 5 years is 0.45%, with a median of 1.92% recorded in 2024.
- Year-over-year, Net Margin jumped 353 bps in 2023 and slumped 1670 bps in 2025.
- Tracing CNC's Net Margin over 5 years: stood at 0.65% in 2022, then surged by 117 bps to 0.11% in 2023, then jumped by 371 bps to 0.52% in 2024, then sank by 526 bps to 2.21% in 2025, then soared by 239 bps to 3.08% in 2026.
- The last three Net Margin figures came in at 3.08% (Q1 2026), 2.21% (Q4 2025), and 14.77% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 5.80% |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | 8.75% |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | 3.56% |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | 18.97% |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | 3.01% |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | 3.08% |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 0.13% |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | 11,875.18% |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | 0.93% |
| 10 | Progyny | 2.12 Bn | 1.90 Bn | 83.07 Mn | 7.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.08% |
| Dec 31, 2025 | -2.21% |
| Sep 30, 2025 | -14.77% |
| Jun 30, 2025 | -0.53% |
| Mar 31, 2025 | 2.82% |
| Dec 31, 2024 | 0.52% |
| Sep 30, 2024 | 1.92% |
| Jun 30, 2024 | 2.88% |
| Mar 31, 2024 | 3.19% |
| Dec 31, 2023 | 0.11% |
| Sep 30, 2023 | 1.25% |
| Jun 30, 2023 | 3.03% |
| Mar 31, 2023 | 3.23% |
| Dec 31, 2022 | -0.65% |
| Sep 30, 2022 | 2.06% |
| Jun 30, 2022 | -0.50% |
| Mar 31, 2022 | 2.29% |
| Dec 31, 2021 | 1.82% |
| Sep 30, 2021 | 1.79% |
| Jun 30, 2021 | -2.32% |
| Mar 31, 2021 | 1.94% |
| Dec 31, 2020 | -0.46% |
| Sep 30, 2020 | 1.63% |
| Jun 30, 2020 | 3.92% |
| Mar 31, 2020 | -0.25% |
| Dec 31, 2019 | 0.50% |
| Sep 30, 2019 | 0.01% |
| Jun 30, 2019 | 2.30% |
| Mar 31, 2019 | 2.52% |
| Dec 31, 2018 | 0.88% |
| Sep 30, 2018 | -0.50% |
| Jun 30, 2018 | 1.49% |
| Mar 31, 2018 | 1.98% |
| Dec 31, 2017 | -0.11% |
| Sep 30, 2017 | -0.11% |
| Jun 30, 2017 | -0.12% |
| Mar 31, 2017 | -0.12% |
| Dec 31, 2016 | -0.07% |
| Sep 30, 2016 | -0.14% |
| Jun 30, 2016 | -0.11% |
| Mar 31, 2016 | -0.19% |
| Dec 31, 2015 | -0.19% |
| Sep 30, 2015 | -0.02% |
| Mar 31, 2015 | -0.02% |
| Dec 31, 2014 | 0.04% |
| Sep 30, 2014 | -0.16% |
| Jun 30, 2014 | -0.19% |
| Mar 31, 2014 | -0.30% |
| Dec 31, 2013 | -0.14% |
| Sep 30, 2013 | -0.23% |
| Jun 30, 2013 | -0.19% |
| Mar 31, 2013 | -0.03% |
| Dec 31, 2012 | -0.45% |
| Sep 30, 2012 | -2.11% |
| Jun 30, 2012 | -0.76% |
| Mar 31, 2012 | -0.20% |
| Dec 31, 2011 | 2.51% |
| Sep 30, 2011 | 2.17% |
| Jun 30, 2011 | 2.13% |
| Dec 31, 2010 | -0.01% |
| Sep 30, 2010 | 0.02% |
| Jun 30, 2010 | -0.02% |
| Dec 31, 2009 | -0.15% |
| Sep 30, 2009 | -5.35% |
| Jun 30, 2009 | -0.05% |