Centene Financial Statements From 2010 to 2022

CNC -  USA Stock  

USD 80.55  0.67  0.84%

Centene Corp financial statements provide useful quarterly and yearly information to potential Centene Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Centene Corp financial statements helps investors assess Centene Corp's valuation, profitability, and current liquidity needs.
We have found one hundred seven available fundamental signals for Centene Corp, which can be analyzed and compared to other ratios and to its rivals. Make sure you validate all of Centene Corp prevailing market performance against the performance between 2010 and 2022 to make sure the company can sustain itself down the road.
Centene Corp Average Assets are projected to increase significantly based on the last few years of reporting. The past year's Average Assets were at 78.16 Billion. The current year Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 5.9 B, whereas Net Income Per Employee is forecasted to decline to about 20.1 K.

Centene Financial Statements 

 
Refresh
Check Centene Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Centene main balance sheet or income statement drivers, such as Direct Expenses of 87 B, Consolidated Income of 2.2 B or Cost of Revenue of 119 B, as well as many exotic indicators such as Interest Coverage of 7.27, Long Term Debt to Equity of 0.57 or Calculated Tax Rate of 43.67. Centene financial statements analysis is a perfect complement when working with Centene Corp Valuation or Volatility modules. It can also supplement various Centene Corp Technical models. Continue to the analysis of Centene Corp Correlation against competitors.

Centene Corp Revenues

137.87 BillionShare

Centene Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets85.3 B79 B28.5 B
Increasing
Slightly volatile
Cash and Equivalents13.4 B12.4 B5.3 B
Increasing
Slightly volatile
Investments17.9 B16.6 B6.3 B
Increasing
Slightly volatile
Investments CurrentB1.8 B679.4 M
Increasing
Slightly volatile
Investments Non Current15.9 B14.8 B5.7 B
Increasing
Slightly volatile
Deferred Revenue648.9 M601.5 M275.8 M
Increasing
Slightly volatile
Property Plant and Equipment Net3.4 B3.2 B1.4 B
Increasing
Slightly volatile
Trade and Non Trade Receivables12 B11.2 B4.2 B
Increasing
Slightly volatile
Trade and Non Trade Payables8.8 B8.1 B3.3 B
Increasing
Slightly volatile
Goodwill and Intangible Assets33.6 B31.1 B9.6 B
Increasing
Slightly volatile
Total Liabilities53.1 B49.2 B18.3 B
Increasing
Slightly volatile
Shareholders Equity32 B29.6 B10.1 B
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit8.4 B7.8 B3.2 B
Increasing
Slightly volatile
Accumulated Other Comprehensive Income418.1 M387.6 M91.1 M
Increasing
Slightly volatile
Current Assets29 B26.9 B10.8 B
Increasing
Slightly volatile
Assets Non Current56.2 B52.1 B17.7 B
Increasing
Slightly volatile
Current Liabilities26.8 B24.8 B9.8 B
Increasing
Slightly volatile
Liabilities Non Current26.3 B24.3 B8.5 B
Increasing
Slightly volatile
Total Debt20.8 B19.3 BB
Increasing
Slightly volatile
Debt Current120.4 M111.5 M37.4 M
Increasing
Slightly volatile
Debt Non Current20.7 B19.2 B6.9 B
Increasing
Slightly volatile
Shareholders Equity USD32 B29.6 B10.1 B
Increasing
Slightly volatile
Cash and Equivalents USD13.4 B12.4 B5.3 B
Increasing
Slightly volatile
Total Debt USD20.8 B19.3 BB
Increasing
Slightly volatile
Accounts Payable6.9 B6.4 BB
Increasing
Slightly volatile
Receivables9.4 B8.7 B3.8 B
Increasing
Slightly volatile

Centene Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues137.9 B127.8 B51.5 B
Increasing
Slightly volatile
Cost of Revenue119 B110.3 B44.7 B
Increasing
Slightly volatile
Selling General and Administrative Expense12.2 B11.3 B4.6 B
Increasing
Slightly volatile
Operating Expenses15.1 B14 B5.4 B
Increasing
Slightly volatile
Interest Expense903.3 M837.2 M297 M
Increasing
Slightly volatile
Income Tax Expense1.2 B1.1 B463.2 M
Increasing
Slightly volatile
Net Loss Income from Discontinued Operations894.7 K900 K984.2 K
Decreasing
Slightly volatile
Consolidated Income2.2 B2.1 B819.1 M
Increasing
Slightly volatile
Net Income to Non Controlling Interests(12.9 M)(12.6 M)(7.8 M)
Decreasing
Slightly volatile
Net Income2.2 B2.1 B827.5 M
Increasing
Slightly volatile
Net Income Common Stock2.2 B2.1 B827.5 M
Increasing
Slightly volatile
Weighted Average Shares526.8 M656.3 M347.4 M
Increasing
Slightly volatile
Weighted Average Shares Diluted536.7 M666 M356 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT4.4 BB1.6 B
Increasing
Slightly volatile
Revenues USD137.9 B127.8 B51.5 B
Increasing
Slightly volatile
Net Income Common Stock USD2.2 B2.1 B827.5 M
Increasing
Slightly volatile
Earning Before Interest and Taxes USD4.4 BB1.6 B
Increasing
Slightly volatile
Gross Profit18.9 B17.5 B6.8 B
Increasing
Slightly volatile
Operating Income3.8 B3.5 B1.4 B
Increasing
Slightly volatile
Direct Expenses87 B80.6 B38.2 B
Increasing
Slightly volatile

Centene Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow from Financing306.9 M299 M1.2 B
Increasing
Slightly volatile
Issuance Repayment of Debt Securities 1.3 B964.9 M1.2 B
Increasing
Slightly volatile
Issuance Purchase of Equity Shares(738.8 M)(719.9 M)27.9 M
Decreasing
Stable
Net Cash Flow from Operations6.8 B6.3 B2.1 B
Increasing
Slightly volatile
Effect of Exchange Rate Changes on Cash 22.3 M20.7 M3.7 M
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(1.4 B)(1.4 B)603.7 M
Decreasing
Very volatile
Share Based Compensation348.7 M323.1 M136.6 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion1.6 B1.4 B499.7 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share2.893.651.8392
Increasing
Slightly volatile
Earnings per Diluted Share2.843.591.7974
Increasing
Slightly volatile
Earnings per Basic Share USD2.893.651.8392
Increasing
Slightly volatile
Return on Average Equity0.08040.06480.1074
Decreasing
Stable
Return on Average Assets0.02850.02430.0368
Decreasing
Slightly volatile
Return on Invested Capital0.160.120.2125
Decreasing
Slightly volatile
Gross Margin0.150.160.1317
Increasing
Slightly volatile
Profit Margin0.01450.01440.0164
Decreasing
Slightly volatile
EBITDA Margin0.04740.04940.0398
Increasing
Stable
Return on Sales0.03630.03680.0311
Increasing
Stable
Asset Turnover1.861.472.4284
Decreasing
Slightly volatile
Enterprise Value over EBITDA7.757.438.7504
Decreasing
Very volatile
Enterprise Value over EBIT10.399.911.7146
Decreasing
Stable
Price to Earnings Ratio17.4917.0496.8945
Decreasing
Stable
Sales per Share180224116
Increasing
Slightly volatile
Price to Sales Ratio0.370.350.3354
Increasing
Very volatile
Price to Book Value1.651.222.2208
Decreasing
Slightly volatile
Debt to Equity Ratio2.161.911.9552
Increasing
Slightly volatile
Current Ratio1.291.251.1277
Increasing
Slightly volatile
Free Cash Flow per Share10.079.343.842
Increasing
Slightly volatile
Book Value per Share56.0351.9321.9986
Increasing
Slightly volatile
Tangible Assets Book Value per Share90.6183.9843.315
Increasing
Slightly volatile
Total Assets Per Share11510656.8827
Increasing
Slightly volatile
Cash Flow Per Share9.198.524.3468
Increasing
Slightly volatile
Return on Investment13.0810.312.9929
Decreasing
Stable
Operating Margin3.173.192.6742
Increasing
Stable
Calculated Tax Rate43.6740.639.1778
Decreasing
Stable
Receivables Turnover22.4115.9923.4032
Decreasing
Slightly volatile
PPandE Turnover37.1440.7537.5214
Increasing
Slightly volatile
Cash and Equivalents Turnover12.6111.1211.6929
Decreasing
Very volatile
Accounts Payable Turnover26.3122.6924.7617
Decreasing
Slightly volatile
Interest Coverage7.274.877.9839
Decreasing
Slightly volatile
Long Term Debt to Equity0.570.580.6096
Increasing
Slightly volatile
Quick Ratio0.90.920.9743
Increasing
Stable
Net Current Assets as percentage of Total Assets2.432.372.7483
Increasing
Stable
Revenue to Assets2.371.862.365
Decreasing
Slightly volatile

Centene Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax3.5 B3.2 B1.3 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA5.9 B5.5 B2.1 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD5.9 B5.5 B2.1 B
Increasing
Slightly volatile
Market Capitalization43.2 B40 B16.8 B
Increasing
Slightly volatile
Enterprise Value48.9 B45.3 B18 B
Increasing
Slightly volatile
Invested Capital32.4 B30 B10.8 B
Increasing
Slightly volatile
Average Equity31.1 B28.8 B9.7 B
Increasing
Slightly volatile
Average Assets84.3 B78.2 B27.6 B
Increasing
Slightly volatile
Invested Capital Average31.6 B29.3 B10 B
Increasing
Slightly volatile
Tangible Asset Value51.7 B47.9 B18.9 B
Increasing
Slightly volatile
Free Cash Flow5.7 B5.3 B1.7 B
Increasing
Slightly volatile
Working Capital2.2 B2.1 BB
Increasing
Slightly volatile
Revenue Per Employee1.3 M1.4 M1.3 M
Increasing
Slightly volatile
Net Income Per Employee20.1 K22.8 K19.7 K
Increasing
Slightly volatile

Centene Fundamental Market Drivers

Short Percent Of Float1.44%
Forward Price Earnings14.78
Shares Short Prior Month10.23M
Average Daily Volume Last 10 Day3.98M
Average Daily Volume In Three Month4.24M
Date Short Interest31st of December 2021
Fifty Day Average77.71
Two Hundred Day Average70.07

Centene Upcoming Events

Upcoming Quarterly Report8th of February 2022
Next Earnings Report26th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End8th of February 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

About Centene Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Centene Corp income statement, its balance sheet, and the statement of cash flows. Centene Corp investors use historical funamental indicators, such as Centene Corp's revenue or net income, to determine how well the company is positioned to perform in the future. Although Centene Corp investors may use each financial statement separately, they are all related. The changes in Centene Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Centene Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Centene Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Centene Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue601.5 M648.9 M
Cost of Revenue110.3 B119 B
Revenues127.8 B137.9 B
Revenue to Assets 1.86  2.37 
Revenue Per Employee1.4 M1.3 M
Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Centene Corporation was founded in 1984 and is headquartered in St. Centene Corp operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. It employs 71300 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Centene Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Equity Analysis Now

   

Equity Analysis

Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
All  Next Launch Module

Pair Trading with Centene Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Centene Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Centene Corp will appreciate offsetting losses from the drop in the long position's value.

Centene Corp Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Centene Corp and CVS Corp. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to the analysis of Centene Corp Correlation against competitors. Note that the Centene Corp information on this page should be used as a complementary analysis to other Centene Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Centene Stock analysis

When running Centene Corp price analysis, check to measure Centene Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Centene Corp is operating at the current time. Most of Centene Corp's value examination focuses on studying past and present price action to predict the probability of Centene Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Centene Corp's price. Additionally, you may evaluate how the addition of Centene Corp to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Is Centene Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Centene Corp. If investors know Centene will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Centene Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Centene Corp is measured differently than its book value, which is the value of Centene that is recorded on the company's balance sheet. Investors also form their own opinion of Centene Corp's value that differs from its market value or its book value, called intrinsic value, which is Centene Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Centene Corp's market value can be influenced by many factors that don't directly affect Centene Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Centene Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Centene Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centene Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.