Growth Metrics

Centene (CNC) Operating Margin (2016 - 2025)

Centene (CNC) has 17 years of Operating Margin data on record, last reported at 2.69% in Q4 2025.

  • For Q4 2025, Operating Margin fell 312.0% year-over-year to 2.69%; the TTM value through Dec 2025 reached 3.91%, down 598.0%, while the annual FY2025 figure was 3.91%, 586.0% down from the prior year.
  • Operating Margin reached 2.69% in Q4 2025 per CNC's latest filing, up from 18.0% in the prior quarter.
  • Across five years, Operating Margin topped out at 3.75% in Q1 2021 and bottomed at 18.0% in Q3 2025.
  • Average Operating Margin over 5 years is 0.45%, with a median of 1.79% recorded in 2021.
  • Peak YoY movement for Operating Margin: surged 345bps in 2023, then plummeted -1981bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 2.45% in 2021, then crashed by -127bps to 0.66% in 2022, then soared by 32bps to 0.45% in 2023, then soared by 196bps to 0.43% in 2024, then crashed by -727bps to 2.69% in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Margin were 2.69% in Q4 2025, 18.0% in Q3 2025, and 0.94% in Q2 2025.