SuperworthCentene profit margin CNC
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- −2.5%
- Operating margin, 12 months
- −2.8%
- Net margin on a year earlier
- −3.7 pts
- Peer median
- 2.3%
Over the twelve months to Jun 30, 2026, Centene kept −2.5% of its revenue as net profit, with an operating margin of −2.8% and a gross margin of 98.6%.
Five years earlier its net margin was 0.6%.
The median for 5 health insurers of a similar size is 2.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −3.4% | −3.9% | 98.6% |
| FY2024 | 2.0% | 1.9% | 98.3% |
| FY2023 | 1.8% | 1.9% | 97.7% |
| FY2022 | 0.8% | 0.9% | 95.1% |
| FY2021 | 1.1% | 1.4% | 96.1% |
| FY2020 | 1.6% | 2.8% | 97.0% |
| FY2019 | 1.8% | 2.4% | 96.7% |
| FY2018 | 1.5% | 2.4% | 96.0% |
| FY2017 | 1.7% | 2.5% | 96.2% |
| FY2016 | 1.4% | 3.1% | 95.4% |
| FY2015 | 1.6% | 3.1% | 92.9% |
| FY2014 | 1.6% | 2.8% | 92.3% |
| FY2013 | 1.5% | 2.6% | 97.0% |
| FY2012 | 0.0% | −0.3% | n/a |
| FY2011 | 2.1% | 3.6% | 98.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −2.5% | −3.7 pts | −2.8% | |
| Q1 FY26 | −3.3% | −5.3 pts | −3.7% | |
| Q4 FY25 | −3.4% | −5.5 pts | −3.9% | |
| Q3 FY25 | −2.8% | −4.7 pts | −3.1% | |
| Q2 FY25 | 1.2% | −0.6 pts | 1.1% | |
| Q1 FY25 | 2.0% | +0.3 pts | 2.1% | |
| Q4 FY24 | 2.0% | +0.3 pts | 1.9% | |
| Q3 FY24 | 1.9% | +0.3 pts | 1.7% | |
| Q2 FY24 | 1.8% | −0.0 pts | 1.8% | |
| Q1 FY24 | 1.8% | +0.7 pts | 1.8% | |
| Q4 FY23 | 1.8% | +0.9 pts | 1.9% | |
| Q3 FY23 | 1.6% | +0.2 pts | 1.9% |
Against its peers
Companies in Medical - Healthcare Plans nearest Centene's size, closest first, today.
| Company | Profit margin |
|---|---|
| CNCCentene | −2.5% |
| HUMHumana | 0.9% |
| CICigna | 2.3% |
| ELVElevance Health | 2.5% |
| CVSCVS Health | 1.2% |
| OSCROscar Health | 3.6% |
| Peer median | 2.3% |
Where Centene ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Centene
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.