Centene Corporation operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States. It operates through four segments: Medicaid, Medicare, Commercial, and Other. The Medicaid segment offers the temporary assistance for needy families; medicaid expansion; aged, blind, or disabled; and children's health insurance programs, as well as long-term services and supports; foster care; and medicare-medicaid plans. This segment also provides healthcare products and services. The Medicare segment offers special needs and medicare supplement, and prescription drug plans. The Commercial segment provides health insurance marketplace product for individual and commercial group. The Other segment operates clinical healthcare and pharmacies, as well as offers vision and dental, behavioral health, and centralized services. It provides services through primary and specialty care physicians, hospitals, behavioral health practitioners, and ancillary providers. The company was founded in 1984 and is headquartered in Saint Louis, Missouri.
Centene Corporation (CNC) reported trailing twelve months (TTM) revenue of $194.78B as of December 2025, which represents a 19.4% increase year-over-year. The company's operating margin has contracted to -2.5% from 0.4% a year ago. In terms of profitability, CNC reported a net loss of $6.68B. Valuation-wise, the stock trades at a Price-to-Sales (P/S) ratio of 0.1x. The company reported negative free cash flow of $-836.00M over the last twelve months, indicating cash consumption over the period. Data based on the most recent quarterly reports.
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