Centene (CNC) Return on Assets [ROA] (2010 - 2026)
Centene's Return on Assets [ROA] was -6.22% in Q2 2026, down 8.58 percentage points from 2.36% a year earlier but up 1.95 percentage points from the prior quarter.
Centene (CNC) Return on Assets [ROA] (2010 - 2026) Analysis & Trends
For FY2025, Return on Assets [ROA] at Centene came in at -8.39%, down 12.33 percentage points from FY2024.
- Return on Assets [ROA] shows a five-year change of -11.66 percentage points (FY2020 to FY2025).
- In earlier years, Return on Assets [ROA] was 3.94% in FY2024 (+0.60 pp), 3.34% in FY2023 (+1.79 pp), 1.55% in FY2022 (-0.27 pp) and 1.82% in FY2021 (-1.45 pp).
- Quarterly Return on Assets [ROA] has moved between -8.41% (Q4 2025) and 4.07% (Q1 2025) over five years.
- Compared with a year earlier, Return on Assets [ROA] has declined for five straight quarters, with an average year-over-year change of -5.23 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Assets [ROA] over five years was Q4 2023 (a gain of 1.67 percentage points); the worst was Q4 2025 (a drop of 12.41 percentage points).
- Per Business Quant data, CNC's Return on Assets [ROA] in the three quarters before Q2 2026 was -8.17% (Q1 2026), -8.41% (Q4 2025) and -6.29% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 382.88 Bn | 261.45 Bn | 36.67 Bn | 4.79% |
| 2 | Cvs Health | 120.51 Bn | 72.92 Bn | 47.23 Bn | 1.93% |
| 3 | Mckesson | 119.75 Bn | 103.65 Bn | 3.69 Bn | 6.21% |
| 4 | Elevance Health | 96.58 Bn | -46.01 Bn | 13.65 Bn | 4.01% |
| 5 | Cigna | 82.60 Bn | 51.85 Bn | 14.97 Bn | 4.50% |
| 6 | Cencora | 65.22 Bn | 54.12 Bn | 3.61 Bn | 3.19% |
| 7 | Cardinal Health | 60.25 Bn | 44.09 Bn | 2.56 Bn | 2.99% |
| 8 | Humana | 50.48 Bn | -37.38 Bn | 5.50 Bn | 2.30% |
| 9 | Centene | 35.21 Bn | -55.14 Bn | 14.55 Bn | -6.22% |
| 10 | Molina Healthcare | 11.06 Bn | -23.81 Bn | 1.43 Bn | -0.04% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.22% |
| Mar 31, 2026 | -8.17% |
| Dec 31, 2025 | -8.41% |
| Sep 30, 2025 | -6.29% |
| Jun 30, 2025 | 2.36% |
| Mar 31, 2025 | 4.07% |
| Dec 31, 2024 | 4.00% |
| Sep 30, 2024 | 3.69% |
| Jun 30, 2024 | 3.40% |
| Mar 31, 2024 | 3.26% |
| Dec 31, 2023 | 3.19% |
| Sep 30, 2023 | 2.92% |
| Jun 30, 2023 | 3.26% |
| Mar 31, 2023 | 1.85% |
| Dec 31, 2022 | 1.52% |
| Sep 30, 2022 | 2.48% |
| Jun 30, 2022 | 2.26% |
| Mar 31, 2022 | 1.85% |
| Dec 31, 2021 | 1.71% |
| Sep 30, 2021 | 0.97% |
Centene Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=CNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=CNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();