Centene Corp
NYSE:CNC

Watchlist Manager
Centene Corp Logo
Centene Corp
NYSE:CNC
Watchlist
Price: 60.25 USD 1.12% Market Closed
Market Cap: 30.4B USD
Have any thoughts about
Centene Corp?
Write Note

Centene Corp
Revenue

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Centene Corp
Revenue Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Revenue CAGR 3Y CAGR 5Y CAGR 10Y
Centene Corp
NYSE:CNC
Revenue
$161.7B
CAGR 3-Years
10%
CAGR 5-Years
17%
CAGR 10-Years
27%
UnitedHealth Group Inc
NYSE:UNH
Revenue
$393.9B
CAGR 3-Years
12%
CAGR 5-Years
10%
CAGR 10-Years
12%
Molina Healthcare Inc
NYSE:MOH
Revenue
$39.2B
CAGR 3-Years
15%
CAGR 5-Years
18%
CAGR 10-Years
16%
Humana Inc
NYSE:HUM
Revenue
$115B
CAGR 3-Years
12%
CAGR 5-Years
13%
CAGR 10-Years
10%
Healthequity Inc
NASDAQ:HQY
Revenue
$1.2B
CAGR 3-Years
16%
CAGR 5-Years
23%
CAGR 10-Years
31%
Elevance Health Inc
NYSE:ELV
Revenue
$174B
CAGR 3-Years
9%
CAGR 5-Years
12%
CAGR 10-Years
9%
No Stocks Found

Centene Corp
Revenue Breakdown

Breakdown by Geography
Centene Corp

Not Available

Breakdown by Segments
Centene Corp

Total Revenue: 154B USD
100%
Medicaid: 100.8B USD
65.4%
Commercial: 24.8B USD
16.1%
Medicare: 22.3B USD
14.5%
Other: 6.1B USD
4%
Show More
Show Less

Centene Corp
Glance View

Market Cap
30.7B 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
171.9 USD
Undervaluation 65%
Intrinsic Value
Price

See Also

What is Centene Corp's Revenue?
Revenue
161.7B USD

Based on the financial report for Sep 30, 2024, Centene Corp's Revenue amounts to 161.7B USD.

What is Centene Corp's Revenue growth rate?
Revenue CAGR 10Y
27%

Over the last year, the Revenue growth was 8%. The average annual Revenue growth rates for Centene Corp have been 10% over the past three years , 17% over the past five years , and 27% over the past ten years .

Back to Top