See more : Abercrombie & Fitch Co. (ANF) Income Statement Analysis – Financial Results
Complete financial analysis of Centene Corporation (CNC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Centene Corporation, a leading company in the Medical – Healthcare Plans industry within the Healthcare sector.
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Centene Corporation (CNC)
About Centene Corporation
Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Its Managed Care segment offers health plan coverage to individuals through government subsidized programs, including Medicaid, the State children's health insurance program, long-term services and support, foster care, and medicare-medicaid plans, which cover dually eligible individuals, as well as aged, blind, or disabled programs. Its health plans include primary and specialty physician care, inpatient and outpatient hospital care, emergency and urgent care, prenatal care, laboratory and X-ray, home-based primary care, transportation assistance, vision care, dental care, telehealth, immunization, specialty pharmacy, therapy, social work, nurse advisory, and care coordination services, as well as prescriptions and limited over-the-counter drugs, medical equipment, and behavioral health and abuse services. This segment also offers various individual, small group, and large group commercial healthcare products to employers and directly to members. The company's Specialty Services segment provides pharmacy benefits management services; nurse advice line and after-hours support services; vision and dental services, as well as staffing services to correctional systems and other government agencies; and services to Military Health System eligible beneficiaries. This segment offers its services and products to state programs, correctional facilities, healthcare organizations, employer groups, and other commercial organizations. The company provides its services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in St. Louis, Missouri.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 154.00B | 144.55B | 125.98B | 111.12B | 74.64B | 60.12B | 48.38B | 40.61B | 22.76B | 16.56B | 10.86B | 8.67B | 5.34B | 4.45B | 4.10B | 3.36B | 2.92B | 2.28B | 1.51B | 1.00B | 769.73M | 461.49M | 326.57M | 221.35M | 201.43M |
| Cost of Revenue | 122.46B | 127.89B | 111.78B | 95.90B | 65.80B | 51.70B | 42.58B | 35.06B | 20.01B | 14.66B | 9.65B | 7.96B | 4.40B | 3.74B | 3.45B | 2.70B | 2.39B | 1.88B | 1.23B | 808.54M | 8.32M | 379.47M | 270.15M | 0.00 | 0.00 |
| Gross Profit | 31.54B | 16.66B | 14.20B | 15.22B | 8.84B | 8.42B | 5.80B | 5.54B | 2.75B | 1.90B | 1.21B | 705.52M | 937.72M | 704.89M | 652.66M | 667.26M | 533.35M | 398.47M | 273.10M | 192.40M | 761.41M | 82.02M | 56.42M | 221.35M | 201.43M |
| Gross Profit Ratio | 20.48% | 11.52% | 11.27% | 13.69% | 11.85% | 14.01% | 11.99% | 13.65% | 12.07% | 11.50% | 11.13% | 8.14% | 17.56% | 15.85% | 15.91% | 19.83% | 18.27% | 17.48% | 18.14% | 19.22% | 98.92% | 17.77% | 17.28% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 10.17B | 11.34B | 6.53B | 6.75B | 4.45B | 4.14B | 2.04B | 1.44B | 931.14M | 704.60M | 477.77M | 547.82M | 514.53M | 444.73M | 399.69M | 346.28M | 193.91M | 127.86M | 88.29M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 109.24M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 12.56B | 11.59B | 10.17B | 11.34B | 6.53B | 6.75B | 4.45B | 4.14B | 2.04B | 1.44B | 931.14M | 704.60M | 587.00M | 547.82M | 514.53M | 444.73M | 399.69M | 346.28M | 193.91M | 127.86M | 88.29M | 50.41M | 37.95M | 32.34M | 29.76M |
| Other Expenses | 16.05B | 1.43B | 770.00M | 719.00M | 258.00M | 211.00M | 156.00M | 147.00M | 1.37B | 824.00M | 333.21M | 456.39M | 160.39M | 165.12M | 225.89M | 90.97M | 79.57M | 81.10M | 0.00 | 0.00 | 626.19M | 379.47M | 270.15M | 182.50M | 178.29M |
| Operating Expenses | 28.61B | 13.02B | 10.94B | 12.06B | 6.79B | 6.96B | 4.60B | 4.28B | 2.04B | 1.44B | 931.14M | 704.60M | 747.40M | 547.82M | 514.53M | 535.70M | 479.26M | 427.38M | 193.91M | 127.86M | 714.48M | 429.88M | 308.10M | 214.83M | 208.04M |
| Cost & Expenses | 151.07B | 140.91B | 122.72B | 107.96B | 72.59B | 58.66B | 47.18B | 39.35B | 22.06B | 16.10B | 10.59B | 8.67B | 5.15B | 4.29B | 3.96B | 3.23B | 2.87B | 2.31B | 1.43B | 936.40M | 722.80M | 809.35M | 578.25M | 214.83M | 208.04M |
| Interest Income | 0.00 | 665.00M | 665.00M | 376.00M | 443.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 725.00M | 665.00M | 665.00M | 728.00M | 412.00M | 343.00M | 255.00M | 217.00M | 43.00M | 35.00M | 26.96M | 20.46M | 20.32M | 17.99M | 16.32M | 16.67M | 15.63M | 10.64M | 3.99M | 680.00K | 194.00K | 45.00K | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 1.29B | 1.43B | 1.48B | 1.26B | 643.00M | 495.00M | 361.00M | 278.00M | 111.00M | 89.00M | 67.42M | 65.87M | 58.33M | 52.00M | 44.00M | 35.41M | 27.81M | 20.60M | 13.07M | 10.01M | 6.45M | 2.57M | 1.85M | 1.03M | 0.00 |
| EBITDA | 5.62B | 4.06B | 3.95B | 4.76B | 2.84B | 2.21B | 1.75B | 1.65B | 851.00M | 581.00M | 354.60M | 66.78M | 248.65M | 224.27M | 182.14M | 166.98M | 81.90M | 9.58M | 102.92M | 74.55M | 48.22M | 43.75M | 20.32M | 7.55M | -6.61M |
| EBITDA Ratio | 3.65% | 3.59% | 3.76% | 3.97% | 3.61% | 3.25% | 3.22% | 3.79% | 3.59% | 3.34% | 3.17% | 0.77% | 4.66% | 4.70% | 4.44% | 4.96% | 2.81% | -0.36% | 6.13% | 7.45% | 6.26% | -76.90% | -77.70% | 2.84% | -3.28% |
| Operating Income | 2.93B | 3.64B | 3.26B | 3.08B | 1.78B | 1.46B | 1.20B | 1.26B | 705.00M | 464.00M | 277.42M | -27.12M | 190.32M | 157.07M | 138.14M | 131.56M | 54.09M | -28.91M | 79.19M | 64.54M | 46.93M | 31.61M | 18.47M | 6.52M | -6.61M |
| Operating Income Ratio | 1.90% | 2.52% | 2.59% | 2.77% | 2.39% | 2.43% | 2.48% | 3.10% | 3.10% | 2.80% | 2.55% | -0.31% | 3.56% | 3.53% | 3.37% | 3.91% | 1.85% | -1.27% | 5.26% | 6.45% | 6.10% | 6.85% | 5.66% | 2.95% | -3.28% |
| Total Other Income/Expenses | 668.00M | 644.00M | 29.00M | -309.00M | 1.00M | -90.00M | -65.00M | -103.00M | -8.00M | -7.00M | -8.50M | -181.62M | -28.92M | -2.79M | -627.00K | 5.06M | 9.54M | 7.26M | 6.67M | 5.75M | 4.97M | 9.53M | 3.55M | 665.00K | 1.13M |
| Income Before Tax | 3.60B | 1.96B | 1.81B | 2.77B | 1.78B | 1.37B | 1.13B | 1.16B | 697.00M | 457.00M | 268.92M | -11.62M | 174.89M | 154.28M | 137.51M | 136.62M | 63.64M | -21.65M | 85.86M | 70.29M | 51.89M | 41.14M | 22.03M | 7.19M | -5.48M |
| Income Before Tax Ratio | 2.34% | 1.36% | 1.44% | 2.50% | 2.39% | 2.28% | 2.34% | 2.85% | 3.06% | 2.76% | 2.48% | -0.13% | 3.27% | 3.47% | 3.35% | 4.06% | 2.18% | -0.95% | 5.70% | 7.02% | 6.74% | 8.91% | 6.74% | 3.25% | -2.72% |
| Income Tax Expense | 899.00M | 760.00M | 477.00M | 979.00M | 473.00M | 474.00M | 326.00M | 599.00M | 339.00M | 196.00M | 107.08M | -329.00K | 66.52M | 59.90M | 48.84M | 52.44M | 22.37M | 21.98M | 30.22M | 25.98M | 19.50M | 15.63M | 9.13M | -543.00K | 3.93M |
| Net Income | 2.70B | 1.20B | 1.35B | 1.81B | 1.32B | 900.00M | 828.00M | 562.00M | 355.00M | 271.00M | 165.10M | 1.86M | 111.22M | 94.84M | 83.67M | 83.50M | 73.40M | -43.63M | 55.63M | 44.31M | 33.27M | 25.62M | 12.90M | 7.73M | -9.41M |
| Net Income Ratio | 1.75% | 0.83% | 1.07% | 1.63% | 1.77% | 1.50% | 1.71% | 1.38% | 1.56% | 1.64% | 1.52% | 0.02% | 2.08% | 2.13% | 2.04% | 2.48% | 2.51% | -1.91% | 3.69% | 4.43% | 4.32% | 5.55% | 3.95% | 3.49% | -4.67% |
| EPS | 4.97 | 2.09 | 2.31 | 3.17 | 3.19 | 2.31 | 2.40 | 1.76 | 1.49 | 1.17 | 0.76 | 0.01 | 0.56 | 0.49 | 0.49 | 0.48 | 0.42 | -0.25 | 0.33 | 0.27 | 0.23 | 0.21 | 0.75 | 0.67 | -0.87 |
| EPS Diluted | 4.95 | 2.07 | 2.28 | 3.12 | 3.14 | 2.26 | 2.35 | 1.72 | 1.44 | 1.13 | 0.74 | 0.01 | 0.53 | 0.47 | 0.47 | 0.47 | 0.41 | -0.25 | 0.31 | 0.26 | 0.22 | 0.18 | 0.13 | 0.09 | -0.87 |
| Weighted Avg Shares Out | 543.32M | 575.19M | 582.83M | 570.72M | 413.49M | 390.25M | 345.00M | 319.14M | 238.20M | 232.69M | 216.51M | 206.04M | 200.80M | 195.02M | 172.14M | 173.10M | 174.16M | 172.64M | 169.25M | 163.28M | 142.82M | 125.73M | 16.62M | 10.82M | 10.81M |
| Weighted Avg Shares Out (Dil) | 545.70M | 582.04M | 590.52M | 579.14M | 420.41M | 398.51M | 353.09M | 327.95M | 246.13M | 240.72M | 224.99M | 214.86M | 209.90M | 201.79M | 177.27M | 177.60M | 179.29M | 172.64M | 180.11M | 174.47M | 153.69M | 139.73M | 96.23M | 81.84M | 10.81M |
What's Happening With Centene Stock?
Centene's Unit Secures New Four-Year Medicaid Contract in Iowa
Here's Why Centene (CNC) is a Strong Value Stock
WellCare of North Carolina Donates $100,000 to Support Camp HOPE America
Health Insurer Stocks Tumble on Medicaid Enrollment Concerns
Centene's Medicaid pressures weigh on stocks of major insurers
CENTENE SUBSIDIARY IOWA TOTAL CARE AWARDED STATEWIDE MEDICAID CONTRACT
Centene Stock Rises 29% in a Year: Evaluating the Road Ahead
Centene Shifts an AcariaHealth Facility to Shelby Township
CENTENE TO PRESENT AT 2024 WELLS FARGO HEALTHCARE CONFERENCE
Source: https://incomestatements.info
Category: Stock Reports