Centene (CNC) Tax Rate (2009 - 2026)
Centene (CNC) recorded quarterly Tax Rate of 26.68% in Q1 2026, down 7.07% quarter-over-quarter from 28.71% in Q4 2025, and up 194.0% on a YoY basis from 9.07% in Q1 2025.
Centene (CNC) Tax Rate (2009 - 2026) Analysis & Trends
Centene's Tax Rate history runs 18 years deep, the most recent figure standing at 26.68% for Q1 2026.
- In Q1 2026, Tax Rate rose 194.0% year-over-year to 26.68%; the TTM figure through Mar 2026 stood at 1.21% (down 2505.0% YoY), while the FY2025 annual figure was 0.76%, down 2186.0% from the prior year.
- Tax Rate was 26.68% for Q1 2026 at Centene, down from 28.71% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 634.15% in Q4 2022 to a low of 62.5% in Q4 2023.
- Historically, Tax Rate has averaged 53.06% across 5 years, with a median of 24.74% in 2025.
- The sharpest annual moves came in 2022 and 2023: Tax Rate soared 61959 bps in 2022, then tumbled 69665 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 634.15% in 2022, then tumbled by 110 bps to 62.5% in 2023, then jumped by 131 bps to 19.31% in 2024, then jumped by 49 bps to 28.71% in 2025, then dropped by 7 bps to 26.68% in 2026.
- The last three Tax Rate figures came in at 26.68% (Q1 2026), 28.71% (Q4 2025), and 0.63% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | 18.61 |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 24.91 |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 23.61 |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | 18.02 |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 24.76 |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 26.68 |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 51.72 |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 2.83 |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 0.22 |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 Bn | 154.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.68% |
| Mar 31, 2026 | 26.68% |
| Dec 31, 2025 | 28.71% |
| Dec 31, 2025 | 28.71% |
| Sep 30, 2025 | 0.63% |
| Sep 30, 2025 | 0.63% |
| Jun 30, 2025 | -0.78% |
| Jun 30, 2025 | -0.78% |
| Mar 31, 2025 | 24.74% |
| Mar 31, 2025 | 24.74% |
| Dec 31, 2024 | 19.31% |
| Dec 31, 2024 | 19.31% |
| Sep 30, 2024 | 22.91% |
| Sep 30, 2024 | 22.91% |
| Jun 30, 2024 | 24.41% |
| Jun 30, 2024 | 24.41% |
| Mar 31, 2024 | 21.38% |
| Mar 31, 2024 | 21.38% |
| Dec 31, 2023 | -62.50% |
| Dec 31, 2023 | -62.50% |