Centene Corp Del Financials
Centene Corp Del (CNC) reported $194.8B in revenue for fiscal year 2025, up 19.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Cash flow stayed positive while reported earnings whipsawed, making FY2025 look more like a balance-sheet reset than a cash collapse.
The swing from$3.3B of net income in FY2024 to a-$6.7B loss in FY2025 did not come with a matching cash collapse. Operating cash flow recovered to$5.1B as goodwill dropped by about$6.7B , a mix that points to a large noncash asset reset alongside friendlier working-capital timing.
Revenue kept rising while gross margin narrowed from
Liquidity remained usable: cash ended FY2025 at
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Centene Corp Del's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Centene Corp Del has an operating margin of -3.9%, meaning the company loses $4 on every $100 of revenue. This results in a profitability score of 27/100. This is down from 1.9% the prior year.
Centene Corp Del's revenue surged 19.4% year-over-year to $194.8B, reflecting rapid business expansion. This strong growth earns a score of 71/100.
Centene Corp Del has a moderate D/E ratio of 0.87. This balance of debt and equity financing earns a leverage score of 49/100.
Centene Corp Del's current ratio of 1.10 is below the typical benchmark, resulting in a score of 24/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Centene Corp Del has a free cash flow margin of 2.2%, earning a moderate score of 36/100. The company generates positive cash flow after capital investments, but with room for improvement.
Centene Corp Del posts a -33.5% return on equity (ROE), meaning it loses $33 for every $100 of shareholders' equity. This results in a returns score of 18/100. This is down from 12.5% the prior year.
Centene Corp Del scores 2.77, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Centene Corp Del passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Centene Corp Del reported a net loss of $6.7B while generating $5.1B in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Centene Corp Del reported an operating loss of $7.6B against $678.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Centene Corp Del generated $194.8B in revenue in fiscal year 2025. This represents an increase of 19.4% from the prior year.
Centene Corp Del's EBITDA was -$6.3B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 243.8% from the prior year.
Centene Corp Del reported -$6.7B in net income in fiscal year 2025. This represents a decrease of 301.9% from the prior year.
Centene Corp Del earned -$13.53 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 314.4% from the prior year.
Cash & Balance Sheet
Centene Corp Del generated $4.3B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 981.8% from the prior year.
Centene Corp Del held $17.9B in cash against $17.4B in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Centene Corp Del's gross margin was 7.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 3.2 percentage points from the prior year.
Centene Corp Del's operating margin was -3.9% in fiscal year 2025, reflecting core business profitability. This is down 5.9 percentage points from the prior year.
Centene Corp Del's net profit margin was -3.4% in fiscal year 2025, showing the share of revenue converted to profit. This is down 5.5 percentage points from the prior year.
Centene Corp Del's ROE was -33.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 46.0 percentage points from the prior year.
Capital Allocation
Centene Corp Del spent $475.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 84.8% from the prior year.
Centene Corp Del invested $767.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 19.1% from the prior year.
Not reported for fiscal year 2025.
CNC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $202.9B | $194.8B+19.4% | $163.1B+5.9% | $154.0B+6.5% | $144.5B+14.7% | $126.0B+13.4% | $111.1B+48.9% | $74.6B+24.2% | $60.1B+24.3% | $48.4B+19.1% | $40.6B+78.4% | $22.8B+37.4% | $16.6B+52.4% | $10.9B+33.9% | $8.1B+55.6% | $5.2B |
| Cost of Revenue | $2.8B | $2.7B-2.2% | $2.7B-23.4% | $3.6B-49.3% | $7.0B+43.7% | $4.9B+48.2% | $3.3B+34.0% | $2.5B+3.3% | $2.4B+29.2% | $1.8B-0.9% | $1.9B | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $16.2B | $14.2B-16.8% | $17.1B-3.2% | $17.6B+4.2% | $16.9B+16.8% | $14.5B | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $13.0B | $12.9B+4.1% | $12.4B-1.3% | $12.6B+8.4% | $11.6B+20.7% | $9.6B+2.4% | $9.4B+43.6% | $6.5B+8.1% | $6.0B+35.9% | $4.4B+21.0% | $3.7B+103.8% | $1.8B+38.8% | $1.3B+39.4% | $931.0M+37.5% | $677.0M+17.1% | $577.9M |
| Operating Income | -$5.6B | -$7.6B-340.1% | $3.2B+8.4% | $2.9B+122.3% | $1.3B-26.1% | $1.8B-42.1% | $3.1B+73.0% | $1.8B+22.2% | $1.5B+21.6% | $1.2B-5.1% | $1.3B+79.1% | $705.0M+51.9% | $464.0M+67.5% | $277.0M+156.5% | $108.0M-47.0% | $203.8M |
| Interest Expense | $655.0M | $678.0M-3.4% | $702.0M-3.2% | $725.0M+9.0% | $665.0M0.0% | $665.0M-8.7% | $728.0M+76.7% | $412.0M+20.1% | $343.0M+34.5% | $255.0M+17.5% | $217.0M+404.7% | $43.0M+22.9% | $35.0M+29.6% | $27.0M+35.0% | $20.0M-1.6% | $20.3M |
| Income Tax | $474.0M | -$51.0M-105.3% | $963.0M+7.1% | $899.0M+18.3% | $760.0M+59.3% | $477.0M-51.3% | $979.0M+107.0% | $473.0M-0.2% | $474.0M+45.4% | $326.0M-45.6% | $599.0M+76.7% | $339.0M+73.0% | $196.0M+83.2% | $107.0M+127.7% | $47.0M-33.5% | $70.7M |
| Net Income | -$5.1B | -$6.7B-301.9% | $3.3B+22.3% | $2.7B+124.8% | $1.2B-10.8% | $1.3B-25.5% | $1.8B+36.9% | $1.3B+46.8% | $900.0M+8.7% | $828.0M+47.3% | $562.0M+58.3% | $355.0M+31.0% | $271.0M+64.2% | $165.0M+8150.0% | $2.0M-98.2% | $111.2M |
| EPS (Diluted) | — | -$13.53-314.4% | $6.31+27.5% | $4.95+139.1% | $2.07-9.2% | $2.28-26.9% | $3.12-0.6% | $3.14+38.9% | $2.26-3.4% | $2.34 | $1.71 | $2.88+28.0% | $2.25 | $1.47+7250.0% | $0.02 | $2.12 |
Not reported in any period shown, so not listed: R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
CNC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $76.7B-6.9% | $82.4B-2.6% | $84.6B+10.1% | $76.9B-1.9% | $78.4B+14.1% | $68.7B+67.6% | $41.0B+32.7% | $30.9B+41.4% | $21.9B+8.2% | $20.2B+175.2% | $7.3B+26.0% | $5.8B+65.5% | $3.5B+26.9% | $2.8B+26.6% | $2.2B |
| Current Assets | $40.4B+6.2% | $38.0B-6.8% | $40.8B+35.3% | $30.1B+5.7% | $28.5B+21.8% | $23.4B+15.1% | $20.3B+69.4% | $12.0B+37.9% | $8.7B+4.0% | $8.4B+132.0% | $3.6B+22.2% | $3.0B+63.9% | $1.8B+28.0% | $1.4B+49.6% | $940.0M |
| Cash & Equivalents | $17.9B+27.2% | $14.1B-18.2% | $17.2B+42.4% | $12.1B-8.0% | $13.1B+21.5% | $10.8B-10.9% | $12.1B+126.9% | $5.3B+31.2% | $4.1B+3.6% | $3.9B+123.3% | $1.8B+9.3% | $1.6B+65.3% | $974.0M+30.6% | $745.9M+30.0% | $573.7M |
| Goodwill | $10.8B-38.3% | $17.6B0.0% | $17.6B-6.7% | $18.8B-4.9% | $19.8B+6.0% | $18.7B+171.8% | $6.9B-2.2% | $7.0B+47.7% | $4.7B+0.8% | $4.7B+459.6% | $842.0M+11.7% | $754.0M+116.7% | $348.0M+35.9% | $256.0M-9.2% | $282.0M |
| Total Liabilities | $56.7B+1.4% | $55.9B-4.7% | $58.7B+11.5% | $52.6B+2.5% | $51.4B+20.1% | $42.8B+51.1% | $28.3B+42.4% | $19.9B+32.7% | $15.0B+5.9% | $14.1B+182.0% | $5.0B+27.5% | $3.9B+72.0% | $2.3B+25.6% | $1.8B+45.2% | $1.3B |
| Current Liabilities | $36.7B+7.2% | $34.3B-6.7% | $36.7B+29.0% | $28.5B+10.5% | $25.8B+19.4% | $21.6B+66.9% | $12.9B+8.0% | $12.0B+28.3% | $9.3B+8.2% | $8.6B+137.6% | $3.6B+25.1% | $2.9B+86.0% | $1.6B+26.8% | $1.2B+46.8% | $837.6M |
| Long-Term Debt | $17.4B-5.8% | $18.4B+4.0% | $17.7B-1.3% | $17.9B-3.4% | $18.6B+11.3% | $16.7B+22.3% | $13.6B+105.1% | $6.6B+41.6% | $4.7B+0.9% | $4.7B+282.5% | $1.2B+39.1% | $874.0M+31.2% | $666.0M+24.4% | $535.5M+53.7% | $348.3M |
| Total Equity | $20.0B-24.4% | $26.4B+2.2% | $25.8B+7.4% | $24.1B-10.2% | $26.8B+4.0% | $25.8B+105.3% | $12.6B+15.0% | $10.9B+59.4% | $6.8B+16.2% | $5.9B+173.3% | $2.2B+23.7% | $1.7B+41.3% | $1.2B+29.5% | $953.1M+1.9% | $935.6M |
| Retained Earnings | $8.7B-43.5% | $15.3B+27.4% | $12.0B+28.9% | $9.3B+14.8% | $8.1B+19.8% | $6.8B+36.3% | $5.0B+36.1% | $3.7B+33.3% | $2.7B+43.1% | $1.9B+41.4% | $1.4B+35.4% | $1.0B+37.0% | $732.0M+29.1% | $566.8M+0.3% | $565.0M |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable.
CNC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $9.7B | $5.1B+3203.9% | $154.0M-98.1% | $8.1B+28.6% | $6.3B+48.9% | $4.2B-23.6% | $5.5B+271.1% | $1.5B+20.2% | $1.2B-17.1% | $1.5B-19.6% | $1.9B+181.3% | $658.0M-46.2% | $1.2B+220.2% | $382.0M+36.9% | $279.0M+6.6% | $261.7M |
| Capital Expenditures | $798.0M | $767.0M+19.1% | $644.0M-19.4% | $799.0M-20.4% | $1.0B+10.3% | $910.0M+4.7% | $869.0M+19.0% | $730.0M+8.1% | $675.0M+60.0% | $422.0M+37.9% | $306.0M+104.0% | $150.0M+45.6% | $103.0M+51.5% | $68.0M-17.1% | $82.0M+11.2% | $73.7M |
| Free Cash Flow | $9.0B | $4.3B+981.8% | -$490.0M-106.8% | $7.3B+38.0% | $5.3B+59.5% | $3.3B-28.9% | $4.6B+515.4% | $753.0M+34.7% | $559.0M-47.6% | $1.1B-30.9% | $1.5B+204.1% | $508.0M-54.6% | $1.1B+256.7% | $314.0M+59.4% | $197.0M+4.8% | $188.0M |
| Investing Cash Flow | $1.6B | $472.0M+144.9% | -$1.1B+11.7% | -$1.2B+59.2% | -$2.9B+11.5% | -$3.3B+52.6% | -$7.0B-354.0% | -$1.5B+66.6% | -$4.6B-265.6% | -$1.3B+49.2% | -$2.5B-203.7% | -$813.0M+4.1% | -$848.0M-148.0% | -$342.0M-81.9% | -$188.0M-45.7% | -$129.1M |
| Financing Cash Flow | -$1.5B | -$1.6B+32.6% | -$2.4B-45.1% | -$1.7B+60.5% | -$4.2B-408.1% | $1.4B+423.8% | $260.0M-96.2% | $6.8B+48.1% | $4.6B+5724.4% | -$82.0M-103.0% | $2.7B+790.8% | $305.0M+54.0% | $198.0M+28.6% | $154.0M-14.0% | $179.0M+2489.7% | $6.9M |
| Share Buybacks | $35.0M | $475.0M-84.8% | $3.1B+91.3% | $1.6B-47.3% | $3.1B+942.4% | $297.0M-52.6% | $626.0M+734.7% | $75.0M+5.6% | $71.0M+9.2% | $65.0M+3.2% | $63.0M+18.9% | $53.0M+82.8% | $29.0M+52.6% | $19.0M+46.2% | $13.0M+66.5% | $7.8M |
Not reported in any period shown, so not listed: Dividends Paid.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
CNC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 7.3%-3.2pp | 10.5%-1.0pp | 11.5%-0.3pp | 11.7%+0.2pp | 11.5% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -3.9%-5.9pp | 1.9%+0.1pp | 1.9%+1.0pp | 0.9%-0.5pp | 1.4%-1.3pp | 2.8%+0.4pp | 2.4%0.0pp | 2.4%-0.1pp | 2.5%-0.6pp | 3.1%0.0pp | 3.1%+0.3pp | 2.8%+0.3pp | 2.5%+1.2pp | 1.3%-2.6pp | 3.9% |
| Net Margin | -3.4%-5.5pp | 2.0%+0.3pp | 1.8%+0.9pp | 0.8%-0.2pp | 1.1%-0.6pp | 1.6%-0.1pp | 1.8%+0.3pp | 1.5%-0.2pp | 1.7%+0.3pp | 1.4%-0.2pp | 1.6%-0.1pp | 1.6%+0.1pp | 1.5%+1.5pp | 0.0%-2.1pp | 2.1% |
| Return on Equity | -33.5%-46.0pp | 12.5%+2.0pp | 10.5%+5.5pp | 5.0%0.0pp | 5.0%-2.0pp | 7.0%-3.5pp | 10.5%+2.3pp | 8.2%-3.8pp | 12.1%+2.6pp | 9.5%-6.9pp | 16.5%+0.9pp | 15.5%+2.2pp | 13.4%+13.2pp | 0.2%-11.7pp | 11.9% |
| Return on Assets | -8.7%-12.7pp | 4.0%+0.8pp | 3.2%+1.6pp | 1.6%-0.2pp | 1.7%-0.9pp | 2.6%-0.6pp | 3.2%+0.3pp | 2.9%-0.9pp | 3.8%+1.0pp | 2.8%-2.1pp | 4.8%+0.2pp | 4.7%0.0pp | 4.7%+4.6pp | 0.1%-5.0pp | 5.1% |
| Current Ratio | 1.100.0x | 1.110.0x | 1.11+0.1x | 1.060.0x | 1.110.0x | 1.08-0.5x | 1.57+0.6x | 1.00+0.1x | 0.930.0x | 0.970.0x | 0.990.0x | 1.02-0.1x | 1.150.0x | 1.140.0x | 1.12 |
| Debt-to-Equity | 0.87+0.2x | 0.700.0x | 0.69-0.1x | 0.75+0.1x | 0.690.0x | 0.65-0.4x | 1.09+0.5x | 0.61-0.1x | 0.69-0.1x | 0.79+0.2x | 0.56+0.1x | 0.500.0x | 0.540.0x | 0.56+0.2x | 0.37 |
| FCF Margin | 2.2%+2.5pp | -0.3%-5.0pp | 4.7%+1.1pp | 3.6%+1.0pp | 2.6%-1.6pp | 4.2%+3.2pp | 1.0%+0.1pp | 0.9%-1.3pp | 2.2%-1.6pp | 3.8%+1.6pp | 2.2%-4.5pp | 6.8%+3.9pp | 2.9%+0.5pp | 2.4%-1.2pp | 3.6% |
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Where Centene Corp Del Ranks
Frequently Asked Questions
What is Centene Corp Del's annual revenue?
Centene Corp Del (CNC) reported $194.8B in total revenue for fiscal year 2025. This represents a 19.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Centene Corp Del's revenue growing?
Centene Corp Del (CNC) revenue grew by 19.4% year-over-year, from $163.1B to $194.8B in fiscal year 2025.
Is Centene Corp Del profitable?
No, Centene Corp Del (CNC) reported a net income of -$6.7B in fiscal year 2025, with a net profit margin of -3.4%.
What is Centene Corp Del's EBITDA?
Centene Corp Del (CNC) had EBITDA of -$6.3B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Centene Corp Del have?
As of fiscal year 2025, Centene Corp Del (CNC) had $17.9B in cash and equivalents against $17.4B in long-term debt.
What is Centene Corp Del's gross margin?
Centene Corp Del (CNC) had a gross margin of 7.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Centene Corp Del's operating margin?
Centene Corp Del (CNC) had an operating margin of -3.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Centene Corp Del's net profit margin?
Centene Corp Del (CNC) had a net profit margin of -3.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Centene Corp Del's return on equity (ROE)?
Centene Corp Del (CNC) has a return on equity of -33.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Centene Corp Del's free cash flow?
Centene Corp Del (CNC) generated $4.3B in free cash flow during fiscal year 2025. This represents a 981.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Centene Corp Del's operating cash flow?
Centene Corp Del (CNC) generated $5.1B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Centene Corp Del's total assets?
Centene Corp Del (CNC) had $76.7B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Centene Corp Del's capital expenditures?
Centene Corp Del (CNC) invested $767.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Centene Corp Del's current ratio?
Centene Corp Del (CNC) had a current ratio of 1.10 as of fiscal year 2025, which is considered adequate.
What is Centene Corp Del's debt-to-equity ratio?
Centene Corp Del (CNC) had a debt-to-equity ratio of 0.87 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Centene Corp Del's return on assets (ROA)?
Centene Corp Del (CNC) had a return on assets of -8.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Centene Corp Del's Altman Z-Score?
Centene Corp Del (CNC) has an Altman Z-Score of 2.77, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Centene Corp Del's Piotroski F-Score?
Centene Corp Del (CNC) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Centene Corp Del's earnings high quality?
Centene Corp Del (CNC) reported a net loss of $6.7B while generating $5.1B in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Centene Corp Del cover its interest payments?
Centene Corp Del (CNC) reported an operating loss of $7.6B against $678.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Centene Corp Del?
Centene Corp Del (CNC) scores 38 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.