← CENTENE CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $40.6b
$48.4b +19.15%
$56.4b +16.64%
$70.4b +24.68%
$103.8b +47.52%
$118.0b +13.66%
$135.5b +14.83%
$154.0b +13.67%
$163.1b +5.89%
$194.8b +19.44%
$178.2b -8.52%
Premium and service revenues $37.6b $45.6b $56.4b $70.4b $103.8b $118.0b $135.5b $140.1b $145.5b $174.6b —
Cost of Revenue $35.7b
$42.7b +19.81%
$2.4b -94.42%
$2.5b +3.31%
$3.3b +34.00%
$4.9b +48.17%
$7.0b +43.69%
$3.6b -49.32%
$2.7b -23.43%
$2.7b -2.16%
$162.3b +5978.13%
Cost of services $1.9b
$1.8b -0.91%
$2.4b +29.18%
$2.5b +3.31%
$3.3b +34.00%
$4.9b +48.17%
$7.0b +43.69%
$3.6b -49.32%
$2.7b -23.43%
$2.7b -2.16%
—
Gross Profit $4.9b
$5.6b +14.36%
$54.0b +857.47%
$67.9b +25.62%
$100.5b +48.01%
$113.1b +12.53%
$128.4b +13.58%
$17.6b -86.27%
$17.1b -3.22%
$14.2b -16.76%
$15.9b +11.93%
Selling, General and Administrative Expense $3.7b $4.4b $6.0b $6.5b $9.9b $10.2b $11.6b $12.6b $12.4b $12.9b $12.7b
Amortization of Intangible Assets $147.0m $156.0m $211.0m $258.0m $719.0m $770.0m $817.0m $718.0m $692.0m $685.0m —
Amortization of acquired intangible assets $147.0m $156.0m $211.0m $258.0m $719.0m $770.0m $817.0m $718.0m $692.0m $685.0m —
Operating Lease, Expense — — — $203.0m $341.0m $390.0m $429.0m $349.0m $108.0m $99.0m —
Total operating expenses $39.3b $47.2b $58.7b $72.9b $108.0b $124.2b $143.2b $151.1b $159.9b $202.4b $176.2b
Operating Income (Loss) $1.3b
$1.2b -4.84%
$1.5b +21.60%
$1.8b +22.15%
$3.1b +73.05%
$1.8b -42.12%
$1.3b -26.12%
$2.9b +122.31%
$3.2b +8.36%
($7.6b) -340.09%
$2.0b +125.86%
Interest Expense $217.0m $255.0m $343.0m $412.0m $728.0m $665.0m $665.0m $725.0m ($702.0m) ($678.0m) $688.0m
Income (Loss) from Equity Method Investments $5.0m $3.0m — — — — — — — — —
Investment and other income $114.0m $190.0m $253.0m $443.0m $480.0m $819.0m $1.3b $1.4b $1.8b $1.6b —
Other Nonoperating Income (Expense) — — — — — — — — $1.1b $895.0m —
Earnings (loss) before income tax — — — $1.8b $2.8b $1.8b $2.0b $3.6b $4.3b ($6.7b) —
Premium tax expense $2.6b $2.9b $3.3b $4.5b $6.3b $8.3b $9.3b $14.2b $17.8b $20.5b —
Current Income Tax Expense (Benefit) $507.0m $435.0m $605.0m $422.0m $1.1b $628.0m $1.4b $966.0m $940.0m $8.0m $712.0m
Income tax (benefit) expense $599.0m $326.0m $474.0m $473.0m $979.0m $477.0m $760.0m $899.0m $963.0m ($51.0m) —
Net earnings (loss) $561.0m
$808.0m +44.03%
$894.0m +10.64%
$1.3b +46.42%
$1.8b +37.05%
$1.3b -25.53%
$1.2b -10.03%
$2.7b +124.54%
$3.3b +22.05%
($6.7b) -302.70%
$2.1b +130.76%
Net earnings (loss) attributable to Centene Corporation $562.0m $828.0m $900.0m $1.3b $1.8b $1.3b $1.2b $2.7b $3.3b ($6.7b) $2.1b
Net Income (Loss) Attributable to Parent $562.0m
$828.0m +47.33%
$900.0m +8.70%
$1.3b +46.78%
$1.8b +36.87%
$1.3b -25.50%
$1.2b -10.76%
$2.7b +124.79%
$3.3b +22.32%
($6.7b) -301.94%
$2.1b +130.78%
Net Income (Loss) Attributable to Noncontrolling Interest ($1.0m) ($20.0m) ($6.0m) ($12.0m) ($14.0m) ($11.0m) $0 ($3.0m) ($11.0m) ($3.0m) $2.1b
Income (Loss) from Continuing Operations, Per Basic Share $4 $5 — — — — — — — — —
Income (Loss) from Continuing Operations, Per Diluted Share $3 $5 — — — — — — — — —
Earnings Per Share, Basic $1.76 $2.40 $1.16 $3.19 $3.17 $2.31 $2.09 $4.97 $6.33 ($13.53) ($10.33)
Earnings Per Share, Diluted $1.72 $2.35 $1.13 $3.14 $3.12 $2.28 $2.07 $4.95 $6.31 ($13.53) ($10.36)
Basic (in shares) $159.6m $344.9m $390.2m $413.5m $570.7m $582.8m $575.2m $543.3m $521.8m $493.1m $492.1m
Diluted (in shares) $164.0m $353.4m $398.5m $420.4m $579.1m $590.5m $582.0m $545.7m $523.7m $493.1m $493.3m
Weighted Average Number of Shares Outstanding, Basic 319.1m 344.9m 780.5m 413.5m 570.7m 582.8m 575.2m 543.3m 521.8m 493.1m 492.1m
Weighted Average Number of Shares Outstanding, Diluted 328.0m 353.4m 797.0m 420.4m 579.1m 590.5m 582.0m 545.7m 523.7m 493.1m 493.3m
Expenses
Costs and Expenses $39.3b $47.2b $58.7b $72.9b $108.0b $124.2b $143.2b $151.1b $159.9b $202.4b —
Debt extinguishment — — $0 ($30.0m) ($61.0m) ($125.0m) $30.0m $0 $0 $1.0m —
Depreciation expense — — — — $487.0m $565.0m $614.0m $575.0m $549.0m $590.0m $1.3b
Earnings (loss) from operations $1.3b $1.2b $1.5b $1.8b $3.1b $1.8b $1.3b $2.9b $3.2b ($7.6b) —
Goodwill, Impairment Loss — — — $259.0m $9.0m — $370.0m $392.0m — — $7.2b
Impairment — — $0 $271.0m $72.0m $229.0m $2.3b $529.0m $13.0m $7.3b $7.2b
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims $30.6b $37.9b $46.1b $58.9b $86.3b $98.6b $111.5b $118.6b $125.9b $157.8b —
Loss attributable to noncontrolling interests $1.0m $20.0m $6.0m $12.0m $14.0m $11.0m $0 $3.0m $11.0m $3.0m —
Medical costs $30.6b $37.9b $46.1b $58.9b $86.3b $98.6b $111.5b $118.9b $125.7b $157.7b —
Other Cost and Expense, Operating — — — — — — — — $31.5b $42.0b —
Premium tax $3.0b $2.8b $3.7b $4.3b $7.3b $8.0b $9.1b $13.9b $17.6b $20.2b —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $559.0m $828.0m — — — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $558.0m $808.0m — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $3.0m $0 — — — — — — — — —
Policyholder Benefits and Claims Incurred, Net — — — — — — — — $125.7b $157.7b —
Premiums Earned, Net $35.4b $43.4b — — — — — — — — —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.