Revenue segments as reported by the company.

Premium and service revenues

Premium tax

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Depreciation

Amortization of acquired intangible assets

Premium tax expense

Health insurer fee expense

Impairment

Legal settlement

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Centene

Centene Corp. operates as a healthcare enterprise, which engages in the provision of programs and services to government sponsored healthcare programs. It operates through the following segments: Managed Care and Specialty Services. The Medicaid Managed Care segment provides health plan coverage to individuals through government subsidized programs through Medicaid. The Specialty Services segment offers healthcare services and products to state programs, correctional facilities, healthcare organizations, employer groups, and other commercial organizations. The company was founded in 1984 and is headquartered in St. Louis, MO.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Centene exceeds earnings guidance, eyes growth in Marketplace products

Centene's Q4 2022 earnings call highlighted robust financial performance, successful execution of value-creation plans, and a focus on operational efficiency. While challenges in Medicare Advantage margins are anticipated, opportunities in the Marketplace business and cost-cutting initiatives offer avenues for growth. Strategic initiatives to address demographic shifts and enhance care relationships position Centene for future success.

Centene reports strong Q1 earnings, focuses on growth opportunities

Centene's Q1 performance reflects strength in financial results and a strategic outlook for future growth.
Despite challenges in Medicare profitability and Medicaid redeterminations, Centene remains focused on maximizing membership and maintaining high margins.
Opportunities in enhancing relationships, investing in infrastructure, and updating margin assumptions position Centene for long-term success.

Centene reports strong Q2 earnings, raises 2023 outlook amidst challenges

Centene's Q2 earnings call showcased robust financial performance, operational efficiencies, and strategic wins in Medicaid and Marketplace segments. While facing challenges in cost trends and Star ratings strategy, the company is well-positioned for growth through revenue expansion and value-creation initiatives. Opportunities for engagement with key stakeholders and successful outreach efforts present avenues for continued success.

Centene exceeds Q3 earnings expectations, eyes growth opportunities in 2024

Centene's Q3 2023 earnings call highlighted strong financial performance, progress in Medicaid redeterminations, and operational advancements. The company anticipates continued growth in adjusted EPS for 2023 and 2024, with a focus on margin expansion and operational efficiencies. Challenges include managing membership declines and addressing questions on business plans and cost implications.

Centene exceeds 2023 expectations, poised for growth in 2024

Centene's 2023 performance was strong, exceeding expectations and positioning the company for continued growth. Key initiatives in Medicaid, Medicare Advantage, and Marketplace are driving revenue growth and operational efficiency. Challenges in managing utilization trends and achieving target margins require ongoing attention.

Centene surpasses Q1 earnings expectations, eyes growth in Medicaid and Marketplace

Centene's Q1 performance exceeded expectations, showcasing strength in Medicaid and Marketplace segments.
While facing challenges in contract protests and operational clarity, the company's strategic focus on Medicare Advantage and growth opportunities remain key strengths.
With a robust financial outlook and ongoing initiatives for optimization, Centene is well-positioned for continued success in the healthcare market.
Investors can be optimistic about Centene's growth trajectory, supported by strong operational performance and strategic initiatives.

Centene reports robust Q2 earnings, eyes Medicaid rebound and Medicare growth

Centene's Q2 2024 earnings call highlighted strong performance, Medicaid challenges, and growth opportunities in Medicaid and Medicare markets. Leadership transitions and focus on program innovation are key areas of development for the company.

Centene surpasses Q3 earnings expectations, eyes growth amid challenges

Centene's Q3 performance exceeded expectations, driven by improvements in Medicaid and strong Medicare and Marketplace segments.
Despite challenges in Medicaid and competitive pressures, Centene remains confident in its future growth and operational enhancements.
The company's strategic focus on AI, margin expansion, and quality improvement positions it well for continued success and profitability.
Analyst inquiries and company responses highlighted key areas of focus and potential areas for improvement and growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Centene Corp. is a healthcare enterprise, which engages in the provision of programs and services to government sponsored healthcare programs. It operates through the following segments: Medicaid, Medicare, Commercial, and Other. The Medicaid segment includes the Temporary Assistance for Needy Families program, Medicaid Expansion programs, the Aged, Blind or Disabled program, the Children's Health Insurance Program, Long-Term Services and Supports, Foster Care, Medicare-Medicaid Plans, which cover beneficiaries who are dually eligible for Medicaid and Medicare, and other state-based programs. The Medicare segment consists of Medicare Advantage, Medicare Supplement, Dual Eligible Special Needs Plans, and Medicare Prescription Drug Plans. The Commercial segment is involved in the Health Insurance Marketplace product along with individual, small group, and large group commercial health insurance products. The Other segment refers to pharmacy operations, Envolve Benefit Options’ vision and dental services, clinical healthcare, behavioral health, international operations, and corporate management companies. The company was founded in 1984 and is headquartered in St. Louis, MO.

Mississippi residents will have access to a variety of affordable plans from Ambetter from Magnolia Health during open enrollment beginning Nov. 1. JACKSON, Miss.

Ambetter from Magnolia Health Offers Health Insurance Statewide in Mississippi

Arizona residents will have access to a variety of affordable plans during open enrollment beginning Nov. 1 PHOENIX , Oct. 2, 2024 /PRNewswire/ --  Ambetter from Arizona Complete Health , a product offered by a Centene Corporation (NYSE: CNC) company, which provides insurance to under-insured and uninsured populations through the federal Health Insurance Marketplace®, will offer a variety of affordable health insurance plans to Arizonans in nine counties for plan year 2025. Open enrollment for the Health Insurance Marketplace for Arizona runs from Nov. 1, 2024, through Jan. 15, 2025.

Ambetter from Arizona Complete Health Offers Health Insurance to Nine Counties Across Arizona in 2025

Ohio residents will have access to a variety of affordable plans from Ambetter during open enrollment beginning Nov. 1 COLUMBUS, Ohio , Oct. 2, 2024 /PRNewswire/ -- Ambetter from Buckeye Health Plan , a product offered by a Centene Corporation (NYSE: CNC) company which provides insurance to under-insured and uninsured populations through the federal Health Insurance Marketplace®, will offer a variety of affordable health insurance plans to Ohioans in 72 counties in plan year 2025. Open enrollment for the Health Insurance Marketplace for Ohio runs from Nov. 1, 2024, through Jan. 15, 2025.

Ambetter from Buckeye Health Plan Expands Health Insurance Offering to 72 Counties Across Ohio - Offering More Residents Affordable, Accessible Coverage

North Carolina residents will have access to a variety of affordable plans from Ambetter of North Carolina during open enrollment beginning Nov. 1 , 2024 RALEIGH, N.C. , Oct. 2, 2024 /PRNewswire/ -- Ambetter of North Carolina Inc. , a product offered by a Centene Corporation (NYSE: CNC) company, which provides insurance to under-insured and uninsured populations through the federal Health Insurance Marketplace®, will offer a variety of affordable health insurance plans to North Carolinians in 63 counties for plan year 2025.

Ambetter of North Carolina Inc. Expands Health Insurance Offering to 63 Counties Statewide, Offering More Residents Affordable, Accessible Coverage

Michigan residents will have access to a variety of affordable plans from Ambetter from Meridian during open enrollment beginning Nov. 1 DETROIT , Oct. 2, 2024 /PRNewswire/ --  Ambetter from Meridian , a product offered by a Centene Corporation (NYSE: CNC) company, which provides insurance to under-insured and uninsured populations through the federal Health Insurance Marketplace®, will offer a variety of affordable health insurance plans to Michiganders in 34 counties in plan year 2025. Open enrollment for the Health Insurance Marketplace for Michigan runs from Nov. 1, 2024, through Jan. 15, 2025.

Ambetter from Meridian Expands Health Insurance Offering to 34 Counties Across Michigan

New Hampshire residents will have access to a variety of affordable plans from Ambetter from NH Healthy Families during open enrollment beginning Nov. 1   BEDFORD, N.H. , Oct. 2, 2024 /PRNewswire/ --  Ambetter from NH Healthy Families , a product offered by a Centene Corporation (NYSE:CNC) company, which provides insurance to under-insured and uninsured populations through the federal Health Insurance Marketplace®, announced today that it will offer a variety of affordable health insurance plans statewide in New Hampshire for plan year 2025.

Ambetter from NH Healthy Families Offers Health Insurance Statewide in New Hampshire in 2025

Residents in all 39 Washington counties will have access to a variety of affordable plans from Ambetter from Coordinated Care during open enrollment beginning Nov. 1 TACOMA, Wash. , Oct. 2, 2024 /PRNewswire/ --  Ambetter from Coordinated Care , a product offered by a Centene Corporation (NYSE: CNC) company which provides insurance to under-insured and uninsured populations through the Washington State Based Exchange, will offer Washingtonians a variety of affordable health insurance plans in plan year 2025.

Ambetter from Coordinated Care Offers Health Insurance Statewide in Washington in 2025

Delaware residents will have access to a variety of affordable plans from Ambetter Health of Delaware during open enrollment beginning Nov. 1 NEWARK, Del. , Oct. 2, 2024 /PRNewswire/ --  Ambetter Health of Delaware , a product offered by a Centene Corporation (NYSE: CNC) company, which provides insurance to under-insured and uninsured populations through the federal Health Insurance Marketplace®, will offer Delawareans a variety of affordable health insurance plans in plan year 2025.

Ambetter Health of Delaware Offers Health Insurance in Delaware in 2025

Open enrollment begins on Nov. 1 ST. LOUIS , Oct. 2, 2024 /PRNewswire/ --  Ambetter from Home State Health , a product offered by a Centene Corporation (NYSE: CNC) company, which provides insurance to under-insured and uninsured populations through the federal Health Insurance Marketplace®, will offer Missouri residents a variety of affordable health insurance plans across 109 counties in plan year 2025.

Ambetter from Home State Health Offers Health Insurance to 109 Counties Across Missouri in 2025

Nebraska residents will have access to a variety of affordable plans from Ambetter from Nebraska Total Care during open enrollment beginning Nov. 1 OMAHA, Neb. , Oct. 2, 2024 /PRNewswire/ --  Ambetter from Nebraska Total Care , a product offered by a Centene Corporation (NYSE: CNC) company, which provides insurance to under-insured and uninsured populations through the federal Health Insurance Marketplace®, will offer Nebraskans a variety of affordable health insurance plans in plan year 2025.

Ambetter from Nebraska Total Care Offers Health Insurance Statewide in Nebraska in 2025

Indiana residents will have access to a variety of affordable plans from Ambetter Health during open enrollment beginning Nov. 1 INDIANAPOLIS , Oct. 2, 2024 /PRNewswire/ -- Ambetter Health , a product offered by a Centene Corporation (NYSE: CNC) company, which provides insurance to under-insured and uninsured populations in Indiana through the federal Health Insurance Marketplace®, will offer Indianans a variety of affordable health insurance plans to residents in all 92 counties for plan year 2025. Open enrollment for the Health Insurance Marketplace for Indiana runs from Nov. 1, 2024, through Jan. 15, 2025.

Ambetter Health Offers Health Insurance Statewide in Indiana in 2025

South Carolina residents will have access to a variety of affordable plans from Ambetter Health during open enrollment beginning Nov. 1 COLUMBIA, S.C. , Oct. 2, 2024 /PRNewswire/ --  Ambetter from Absolute Total Care , a product offered by a Centene Corporation (NYSE: CNC) company, which provides insurance to under-insured and uninsured populations through the federal Health Insurance Marketplace®, will offer South Carolinians a variety of affordable health insurance plans in plan year 2025.

Ambetter from Absolute Total Care Offers Health Insurance To South Carolina Residents Statewide in 2025

Residents will have a variety of affordable plans from Ambetter of Illinois during open enrollment beginning Nov. 1 CHICAGO , Oct. 2, 2024 /PRNewswire/ -- Ambetter of Illinois , a product offered by a Centene Corporation (NYSE: CNC) company, which provides insurance to under-insured and uninsured populations through the federal Health Insurance Marketplace®, will offer a variety of affordable health insurance plans for Illinois residents in plan year 2025. Open Enrollment for the Health Insurance Marketplace for Illinois runs from Nov. 1, 2024, through Jan. 15, 2025.

Ambetter of Illinois Expands Health Insurance Offering to 25 Counties Statewide

Residents will have access to a variety of affordable plans from Ambetter of Alabama during open enrollment beginning Nov. 1 HUNTSVILLE, Ala. , Oct. 2, 2024 /PRNewswire/ --  Ambetter of Alabama , a product offered by a Centene Corporation (NYSE: CNC) company, which provides insurance to under-insured and uninsured populations through the federal Health Insurance Marketplace®, will offer a variety of affordable health insurance plans to Alabamans in 39 counties for plan year 2025.

Ambetter of Alabama Offers Health Insurance to 39 Counties Statewide

Residents will have access to a variety of affordable plans from Ambetter and AR Homes during open enrollment beginning Nov. 1 LITTLE ROCK, Ark. , Oct. 2, 2024 /PRNewswire/ --  Ambetter from Arkansas Health & Wellness , a product offered by a Centene Corporation (NYSE: CNC) company, which provides insurance to under-insured and uninsured populations through the federal Health Insurance Marketplace®, will offer a variety of affordable health insurance plans through the Marketplace and AR Homes statewide for plan year 2025.

Ambetter from Arkansas Health & Wellness Offers Health Insurance Statewide in 2025

Remains the number one marketplace health insurance based on enrollment and market share, expanding into 60 new counties across the U.S. Offers enhanced plans for members with diabetes in select states ST. LOUIS , Oct. 2, 2024 /PRNewswire/ -- Ambetter Health , the marketplace health insurance offered by subsidiaries of  Centene Corporation  (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today it will expand its geographic footprint, adding 60 new counties across 10 states in 2025, which includes expansion into Iowa.

Ambetter Health Expands Geographic Footprint and Enhances Member Benefits in 2025

UnitedHealth Group

October is often a scary period for S&P 500 investors. But it doesn't have to be that way.

12 Stocks Thrive During 'Octoberphobia' Market Crashes

Medicare Advantage plans will be offered in 32 states; 102 Prescription Drug Plans will continue to be available nationwide New in 2025, Wellcare offers member onboarding videos in eight languages and plans in Iowa TAMPA, Fla. , Oct. 1, 2024 /PRNewswire/ -- Wellcare, a company offering a range of Medicare products and the Medicare brand and company of Centene Corporation (NYSE: CNC), will offer Medicare Advantage (MA) products in 32 states, including its newest state, Iowa, during the 2025 Medicare Annual Enrollment Period (AEP), which begins Oct. 15, 2024 and runs through Dec. 7, 2024.

Wellcare to Offer Medicare Advantage and Medicare Prescription Drug Plans to More than 51 Million Members Nationwide in 2025

CNC's Health Net unit secures a 54-month Medi-Cal dental contract, which, in turn, is likely to boost its Medicaid membership and presence across California.

Centene's Health Net Wins Medi-Cal Contract in California

CNC's Meridian unit collaborates with Mae to improve health outcomes and address health disparities in Michigan.

Centene's Michigan Unit Partners With Mae to Reduce Health Disparities

ST. LOUIS , Sept. 23, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that the California Department of Health Care Services has selected its subsidiary, Health Net Community Solutions (Health Net), to provide managed dental health care services to beneficiaries of Medi-Cal, the State's Medicaid program, in Los Angeles and Sacramento counties.

CENTENE SUBSIDIARY HEALTH NET SELECTED FOR CALIFORNIA MEDICAID DENTAL AWARD IN LOS ANGELES AND SACRAMENTO COUNTIES

Partnership aims to improve access to doula care and address the cultural needs of Medicaid members during pregnancy and postpartum DETROIT , Sept. 19, 2024 /PRNewswire/ -- Meridian, a leading managed care organization in the state of Michigan and a Centene Corporation company (NYSE: CNC), has partnered with Mae, a culturally responsive digital solution built to address the specific clinical, social and cultural needs of underserved expectant mothers, to provide supplementary support for the maternal health needs of all eligible pregnant and postpartum members.

Meridian Partners with Mae to Improve Maternal Outcomes and Reduce Disparities Across Michigan

Health Net Assisting Members During State of Emergency SACRAMENTO, Calif. , Sept. 12, 2024 /PRNewswire/ -- In response to Gov.

Health Net Providing Special Assistance to Members Affected by Bridge and Airport Fires in Southern California

The extra benefits are in addition to regular Medicaid and CHIP coverage, helping support low-income individuals and families across the state. AUSTIN, Texas , Sept.

Superior HealthPlan Invested $43 Million in Services to Support Healthy Living

Recognition Marks Third Consecutive Year of Centene's Annual Ranking ST. LOUIS , Sept.

News for Centene Stock (CNC)