Centene Corporation

Centene Corporationverified

CNC

Price:

$70.83

Market Cap:

$37.26B

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, ...[Read more]

Industry

Medical - Healthcare Plans

IPO Date

2001-12-13

Stock Exchange

NYSE

Ticker

CNC

The ROE as of September 2024 (TTM) for Centene Corporation (CNC) is 10.71%

According to Centene Corporation’s latest financial reports and current stock price. The company's current ROE is 10.71%. This represents a change of 306.71% compared to the average of 2.63% of the last 4 quarters.

Centene Corporation (CNC) Historical ROE (quarterly & annually)

How has CNC ROE performed in the past?

The mean historical ROE of Centene Corporation over the last ten years is 9.99%. The current 10.71% ROE has changed 7.22% with respect to the historical average. Over the past ten years (40 quarters), CNC's ROE was at its highest in in the December 2014 quarter at 6.11%. The ROE was at its lowest in in the June 2021 quarter at -2.06%.

Quarterly (TTM)
Annual

Average

9.99%

Median

10.00%

Minimum

5.00%

Maximum

16.46%

Centene Corporation (CNC) ROE by Quarter and Year

Discovering the peaks and valleys of Centene Corporation ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 109.28%

Maximum Annual ROE = 16.46%

Minimum Annual Increase = -42.07%

Minimum Annual ROE = 5.00%

Quarterly (TTM)
Annual
YearROEChange
202310.46%109.28%
20225.00%-0.61%
20215.03%-28.34%
20207.02%-33.35%
201910.53%27.67%
20188.24%-31.80%
201712.09%26.79%
20169.53%-42.07%
201516.46%5.91%
201415.54%16.15%

Centene Corporation (CNC) Average ROE

How has CNC ROE performed in the past?

The current ROE of Centene Corporation (CNC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

6.83%

5-year avg

7.60%

10-year avg

9.99%

Centene Corporation (CNC) ROE vs. Peers

How is CNC’s ROE compared to its peers?

Centene Corporation’s ROE is less than Humana Inc. (10.37%), less than Elevance Health Inc. (16.67%), less than UnitedHealth Group Incorporated (16.36%), less than CVS Health Corporation (9.60%), greater than Alignment Healthcare, Inc. (-101.84%), less than Cigna Corporation (5.37%), less than Molina Healthcare, Inc. (24.39%), less than Oscar Health, Inc. (1.86%), less than Bright Health Group, Inc. (1.31%),

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