Centene Corp
NYSE:CNC

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Centene Corp
NYSE:CNC
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Price: 60.305 USD 0.09%
Market Cap: 30.4B USD
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Net Margin
Centene Corp

1.9%
Current
1%
Average
2.2%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
1.9%
=
Net Income
3.1B
/
Revenue
161.7B

Net Margin Across Competitors

Country US
Market Cap 30.7B USD
Net Margin
2%
Country US
Market Cap 465.5B USD
Net Margin
4%
Country US
Market Cap 95.5B USD
Net Margin
4%
Country US
Market Cap 86.3B USD
Net Margin
4%
Country US
Market Cap 30.7B USD
Net Margin
1%
Country US
Market Cap 16.8B USD
Net Margin
3%
Country US
Market Cap 8.3B USD
Net Margin
8%
Country BR
Market Cap 16.9B BRL
Net Margin
-3%
Country US
Market Cap 2.2B EUR
Net Margin
6%
Country US
Market Cap 1.6B USD
Net Margin
-6%
Country US
Market Cap 1.3B USD
Net Margin
5%
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

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
1.9%
=
Net Income
3.1B
/
Revenue
161.7B
What is the Net Margin of Centene Corp?

Based on Centene Corp's most recent financial statements, the company has Net Margin of 1.9%.