Centene (CNC) Shares Outstanding (Diluted) (2009 - 2025)
Centene (CNC) reported Weighted Average Shares Outstanding (Diluted) of 497.64 million for Q3 2026, up 1.3% from 491.14 million a year earlier and unchanged from the prior quarter.
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Analysis
Centene (CNC) Shares Outstanding (Diluted) (2009 - 2025) Analysis & Trends
For FY2025, Centene posted Weighted Average Shares Outstanding (Diluted) of 493.12 million, down 5.8% from FY2024.
- Weighted Average Shares Outstanding (Diluted) has declined for four consecutive years, with a five-year compound annual growth rate of -3.2% (FY2020 to FY2025).
- By year, Weighted Average Shares Outstanding (Diluted) came in at 523.74 million in FY2024 (-4.0%), 545.7 million in FY2023 (-6.2%), 582.04 million in FY2022 (-1.4%) and 590.52 million in FY2021 (+2.0%).
- Five-year quarterly Weighted Average Shares Outstanding (Diluted) spans a low of 491.14 million in Q3 2025 and a high of 590.66 million in Q1 2022.
- Year over year, Weighted Average Shares Outstanding (Diluted) gained in two of the last eight quarters, with an average decline of 3.6%.
- The high point for year-over-year Weighted Average Shares Outstanding (Diluted) in five years was Q4 2021 (growth of 2.0%); the low point was Q1 2025 (a decline of 7.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 497.64 million (Q2 2026), 495.59 million (Q1 2026) and 493.12 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 365.22 Bn | 251.88 Bn | 35.71 Bn | 902.00 Mn |
| 2 | Mckesson | 127.33 Bn | 111.26 Bn | 3.96 Bn | 116.70 Mn |
| 3 | Cvs Health | 114.34 Bn | 63.29 Bn | 47.21 Bn | 1.29 Bn |
| 4 | Elevance Health | 92.86 Bn | -49.61 Bn | 13.65 Bn | 217.60 Mn |
| 5 | Cigna | 78.25 Bn | 47.45 Bn | 15.09 Bn | 263.79 Mn |
| 6 | Cencora | 68.51 Bn | 68.51 Bn | 3.60 Bn | 193.94 Mn |
| 7 | Cardinal Health | 64.97 Bn | 48.29 Bn | 2.60 Bn | 233.00 Mn |
| 8 | Humana | 54.10 Bn | -36.68 Bn | 4.83 Bn | 121.83 Mn |
| 9 | Centene | 35.04 Bn | -39.00 Bn | 8.24 Bn | 493.12 Mn |
| 10 | Molina Healthcare | 10.90 Bn | -24.10 Bn | 1.36 Bn | 51.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 493.12 Mn |
| Sep 30, 2025 | 491.14 Mn |
| Jun 30, 2025 | 493.55 Mn |
| Mar 31, 2025 | 498.18 Mn |
| Dec 31, 2024 | 523.74 Mn |
| Sep 30, 2024 | 523.54 Mn |
| Jun 30, 2024 | 530.76 Mn |
| Mar 31, 2024 | 538.06 Mn |
| Dec 31, 2023 | 545.70 Mn |
| Sep 30, 2023 | 541.27 Mn |
| Jun 30, 2023 | 550.31 Mn |
| Mar 31, 2023 | 553.85 Mn |
| Dec 31, 2022 | 582.04 Mn |
| Sep 30, 2022 | 580.61 Mn |
| Jun 30, 2022 | 583.64 Mn |
| Mar 31, 2022 | 590.66 Mn |
| Dec 31, 2021 | 590.52 Mn |
| Sep 30, 2021 | 590.70 Mn |
| Jun 30, 2021 | 582.80 Mn |
| Mar 31, 2021 | 589.34 Mn |
API Access
Centene Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=CNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=CNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();