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Centene (CNC) Ratios
Centene Ratios
CNC's free cash flow for Q3 2026 was $-3.86B. For the 2026 fiscal year, CNC's free cash flow was decreased by $-194.00M and operating cash flow was $-3.67B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.68 | 1.11 | 1.11 | 1.06 | 1.11 |
| Quick Ratio | 1.68 | 1.11 | 1.11 | 1.06 | 1.11 |
| Cash Ratio | 0.83 | 0.41 | 0.47 | 0.42 | 0.51 |
| Solvency Ratio | -0.09 | 0.08 | 0.07 | 0.05 | 0.05 |
| Operating Cash Flow Ratio | 0.24 | 0.00 | 0.22 | 0.22 | 0.16 |
| Short-Term Operating Cash Flow Coverage | 25.96 | 1.40 | 67.67 | 76.35 | 15.75 |
| Net Current Asset Value | $ -21.61B | $ -17.94B | $ -17.93B | $ -22.50B | $ -22.86B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.24 | 0.24 | 0.22 | 0.28 | 0.29 |
| Debt-to-Equity Ratio | 0.94 | 0.74 | 0.73 | 0.89 | 0.85 |
| Debt-to-Capital Ratio | 0.48 | 0.42 | 0.42 | 0.47 | 0.46 |
| Long-Term Debt-to-Capital Ratio | 0.47 | 0.41 | 0.41 | 0.43 | 0.41 |
| Financial Leverage Ratio | 3.89 | 3.12 | 3.28 | 3.20 | 2.92 |
| Debt Service Coverage Ratio | -5.82 | 6.45 | 5.59 | 4.41 | 3.58 |
| Interest Coverage Ratio | -11.24 | 4.52 | 4.04 | 1.98 | 2.68 |
| Debt to Market Cap | 0.90 | 0.59 | 0.44 | 0.38 | 0.39 |
| Interest Debt Per Share | 39.62 | 38.58 | 36.08 | 38.24 | 40.02 |
| Net Debt to EBITDA | -0.17 | 0.87 | 0.30 | 2.28 | 2.50 |
| Profitability Margins | |||||
| Gross Profit Margin | 12.24% | 10.32% | 11.24% | 11.52% | 11.27% |
| EBIT Margin | -3.29% | 3.04% | 2.81% | 1.82% | 1.97% |
| EBITDA Margin | -2.64% | 3.80% | 3.65% | 2.81% | 3.03% |
| Operating Profit Margin | -3.91% | 1.95% | 1.90% | 0.91% | 1.42% |
| Pretax Profit Margin | -3.45% | 2.61% | 2.34% | 1.36% | 1.44% |
| Net Profit Margin | -3.43% | 2.03% | 1.75% | 0.83% | 1.07% |
| Continuous Operations Profit Margin | -3.43% | 2.02% | 1.75% | 0.83% | 1.06% |
| Net Income Per EBT | 99.18% | 77.64% | 75.10% | 61.26% | 74.30% |
| EBT Per EBIT | 88.31% | 134.08% | 122.80% | 148.86% | 101.63% |
| Return on Assets (ROA) | -8.59% | 4.01% | 3.19% | 1.56% | 1.72% |
| Return on Equity (ROE) | -33.44% | 12.51% | 10.46% | 5.00% | 5.03% |
| Return on Capital Employed (ROCE) | -13.56% | 6.59% | 6.11% | 2.72% | 3.39% |
| Return on Invested Capital (ROIC) | -13.41% | 5.07% | 4.56% | 1.66% | 2.48% |
| Return on Tangible Assets | -10.71% | 5.56% | 4.43% | 2.35% | 2.65% |
| Earnings Yield | -33.02% | 10.46% | 6.70% | 2.55% | 2.80% |
| Efficiency Ratios | |||||
| Receivables Turnover | 10.76 | 8.27 | 9.91 | 10.89 | 10.29 |
| Payables Turnover | 8.32 | 11.24 | 8.41 | 13.69 | 13.49 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 82.74 | 67.22 | 63.77 | 28.99 | 18.11 |
| Asset Turnover | 2.51 | 1.98 | 1.82 | 1.88 | 1.61 |
| Working Capital Turnover Ratio | 21.34 | 41.93 | 54.00 | 65.76 | 55.50 |
| Cash Conversion Cycle | -9.94 | 11.64 | -6.59 | 6.84 | 8.39 |
| Days of Sales Outstanding | 33.93 | 44.12 | 36.81 | 33.51 | 35.46 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 43.87 | 32.49 | 43.40 | 26.67 | 27.07 |
| Operating Cycle | 33.93 | 44.12 | 36.81 | 33.51 | 35.46 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 10.36 | 0.30 | 14.82 | 10.89 | 7.21 |
| Free Cash Flow Per Share | 8.80 | -0.94 | 13.35 | 9.14 | 5.65 |
| Dividend Paid and CapEx Coverage Ratio | 6.63 | 0.24 | 10.08 | 6.24 | 4.62 |
| Capital Expenditure Coverage Ratio | 6.63 | 0.24 | 10.08 | 6.24 | 4.62 |
| Operating Cash Flow Coverage Ratio | 0.27 | 0.01 | 0.43 | 0.29 | 0.19 |
| Operating Cash Flow to Sales Ratio | 0.03 | 0.00 | 0.05 | 0.04 | 0.03 |
| Free Cash Flow Yield | 21.38% | -1.55% | 17.99% | 11.14% | 6.86% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -3.02 | 9.56 | 14.92 | 39.24 | 35.65 |
| Price-to-Sales (P/S) Ratio | 0.10 | 0.19 | 0.26 | 0.33 | 0.38 |
| Price-to-Book (P/B) Ratio | 1.01 | 1.20 | 1.56 | 1.96 | 1.79 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 4.68 | -64.51 | 5.56 | 8.97 | 14.58 |
| Price-to-Operating Cash Flow Ratio | 3.97 | 205.26 | 5.01 | 7.53 | 11.42 |
| Price-to-Earnings Growth (PEG) Ratio | 0.01 | 0.35 | 0.11 | -4.12 | -1.31 |
| Enterprise Value Multiple | -4.10 | 5.96 | 7.48 | 13.91 | 15.10 |
| Enterprise Value | 21.10B | 36.98B | 42.00B | 56.43B | 57.57B |
| EV to EBITDA | -4.10 | 5.96 | 7.48 | 13.91 | 15.10 |
| EV to Sales | 0.11 | 0.23 | 0.27 | 0.39 | 0.46 |
| EV to Free Cash Flow | 4.88 | -75.46 | 5.79 | 10.73 | 17.47 |
| EV to Operating Cash Flow | 4.15 | 240.10 | 5.22 | 9.01 | 13.69 |
| Tangible Book Value Per Share | 9.55 | 6.79 | 4.23 | -2.58 | -0.98 |
| Shareholders’ Equity Per Share | 40.63 | 50.61 | 47.56 | 41.82 | 45.97 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.01 | 0.23 | 0.25 | 0.39 | 0.26 |
| Revenue Per Share | 396.64 | 312.52 | 283.44 | 251.30 | 216.15 |
| Net Income Per Share | -13.59 | 6.33 | 4.97 | 2.09 | 2.31 |
| Tax Burden | 0.99 | 0.78 | 0.75 | 0.61 | 0.74 |
| Interest Burden | 1.05 | 0.86 | 0.83 | 0.75 | 0.73 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.07 | 0.08 | 0.00 | 0.00 | 0.08 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | -0.76 | 0.05 | 2.98 | 5.21 | 3.15 |
Currency in USD