Centene Corp
NYSE:CNC

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Centene Corp
NYSE:CNC
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Price: 60.375 USD 0.21%
Market Cap: 30.5B USD
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Centene Corp
Operating Expenses

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Centene Corp
Operating Expenses Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Expenses CAGR 3Y CAGR 5Y CAGR 10Y
Centene Corp
NYSE:CNC
Operating Expenses
-$13.7B
CAGR 3-Years
51%
CAGR 5-Years
28%
CAGR 10-Years
0%
UnitedHealth Group Inc
NYSE:UNH
Operating Expenses
-$361.7B
CAGR 3-Years
-12%
CAGR 5-Years
-10%
CAGR 10-Years
-12%
Molina Healthcare Inc
NYSE:MOH
Operating Expenses
-$4.7B
CAGR 3-Years
-18%
CAGR 5-Years
-19%
CAGR 10-Years
-15%
Humana Inc
NYSE:HUM
Operating Expenses
-$111.6B
CAGR 3-Years
-13%
CAGR 5-Years
-13%
CAGR 10-Years
-10%
Healthequity Inc
NASDAQ:HQY
Operating Expenses
-$554m
CAGR 3-Years
-15%
CAGR 5-Years
-29%
CAGR 10-Years
-35%
Elevance Health Inc
NYSE:ELV
Operating Expenses
-$164.8B
CAGR 3-Years
-9%
CAGR 5-Years
-12%
CAGR 10-Years
-9%
No Stocks Found

Centene Corp
Glance View

Market Cap
30.8B USD
Industry
Health Care
Economic Moat
None

Centene Corporation, a titan in the managed care industry, orchestrates its operations with a focus on government-sponsored healthcare programs. Founded in 1984, Centene swiftly carved its niche by administering Medicaid services, a vital safety net for low-income individuals and families in the United States. The company adeptly navigates the complexities of healthcare delivery by partnering with state governments to provide managed healthcare services, ensuring access to quality care while keeping costs in check. Centene's growth strategy hinges on its expansive network, tailored to meet diverse health needs, including those of the medically underserved. Through strategic acquisitions, such as the pivotal purchase of WellCare Health Plans, Centene has bolstered its market position, broadening its reach across all 50 states. Profiting primarily through capitation arrangements, Centene receives a fixed amount per member from the government in exchange for providing healthcare services. This model incentivizes efficiency and cost containment, as the company retains any cost savings generated. Beyond Medicaid, Centene has diversified its portfolio by delving into Medicare Advantage, Marketplace insurance plans, and international markets, thus ensuring resilience against fluctuations in any single segment. The company's revenue engine is fueled by its ability to strike a balance between quality healthcare delivery and disciplined fiscal management, driven by an insightful understanding of regional healthcare needs and regulatory landscapes. Through this model, Centene not only generates substantial revenue but also strives to positively impact health outcomes, exemplifying its commitment to a mission-driven approach in the ever-evolving healthcare ecosystem.

CNC Intrinsic Value
171.902 USD
Undervaluation 65%
Intrinsic Value
Price

See Also

What is Centene Corp's Operating Expenses?
Operating Expenses
-13.7B USD

Based on the financial report for Sep 30, 2024, Centene Corp's Operating Expenses amounts to -13.7B USD.

What is Centene Corp's Operating Expenses growth rate?
Operating Expenses CAGR 10Y
0%

Over the last year, the Operating Expenses growth was -2%. The average annual Operating Expenses growth rates for Centene Corp have been 51% over the past three years , 28% over the past five years .

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