Centene Corp

Chart & Performance

D1W1MN

P/E

11.38

P/S

0.20

EPS

5.35

Div Yield, %

0.00%

Shrs. gr., 5y

6.49%

Rev. gr., 5y

20.70%

Revenues

154.00b

+6.54%

Net income

2.70b

+124.79%

CFO

8.05b

+28.62%

Earnings

Feb 04, 2025

Profile

Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Its Managed Care segment offers health plan coverage to individuals through government subsidized programs, including Medicaid, the State children's health insurance program, long-term services and support, foster care, and medicare-medicaid plans, which cover dually eligible individuals, as well as aged, blind, or disabled programs. Its health plans include primary and specialty physician care, inpatient and outpatient hospital care, emergency and urgent care, prenatal care, laboratory and X-ray, home-based primary care, transportation assistance, vision care, dental care, telehealth, immunization, specialty pharmacy, therapy, social work, nurse advisory, and care coordination services, as well as prescriptions and limited over-the-counter drugs, medical equipment, and behavioral health and abuse services. This segment also offers various individual, small group, and large group commercial healthcare products to employers and directly to members. The company's Specialty Services segment provides pharmacy benefits management services; nurse advice line and after-hours support services; vision and dental services, as well as staffing services to correctional systems and other government agencies; and services to Military Health System eligible beneficiaries. This segment offers its services and products to state programs, correctional facilities, healthcare organizations, employer groups, and other commercial organizations. The company provides its services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in St. Louis, Missouri.

URL

https://www.centene.com/

IPO date

Dec 13, 2001

Employees

74,300

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	153,999,000 6.54%	144,547,000 14.74%	125,982,000 13.38%
Cost of revenue	122,458,000	127,891,000	121,949,000
Unusual Expense (Income)
NOPBT	31,541,000	16,656,000	4,033,000
NOPBT Margin	20.48%	11.52%	3.20%
Operating Taxes	899,000	760,000	477,000
Tax Rate	2.85%	4.56%	11.83%
NOPAT	30,642,000	15,896,000	3,556,000
Net income	2,702,000 124.79%	1,202,000 -10.76%	1,347,000 -25.50%
Dividends
Dividend yield
Proceeds from repurchase of equity	(1,589,000)	(3,026,000)	(262,000)
BB yield	3.92%	6.34%	0.54%
Debt
Debt current	287,000	82,000	267,000
Long-term debt	19,638,000	21,251,000	22,190,000
Deferred revenue
Other long-term liabilities	2,738,000	5,616,000	5,610,000
Net debt	(16,013,000)	(7,746,000)	(6,243,000)
Cash flow
Cash from operating activities	8,053,000	6,261,000	4,205,000
CAPEX	(799,000)	(1,004,000)	(910,000)
Cash from investing activities	(1,191,000)	(2,921,000)	(3,299,000)
Cash from financing activities	(1,658,000)	(4,197,000)	1,362,000
FCF	30,659,000	16,855,000	2,939,000
Balance
Cash	19,652,000	14,395,000	14,657,000
Long term investments	16,286,000	14,684,000	14,043,000
Excess cash	28,238,050	21,851,650	22,400,900
Stockholders' equity	11,508,000	8,390,000	8,444,000
Invested Capital	36,231,000	39,483,000	43,026,000
ROIC	80.94%	38.53%	8.74%
ROCE	65.19%	34.35%	7.63%
EV
Common stock shares outstanding	545,704	582,040	590,516
Price	74.21 -9.51%	82.01 -0.47%	82.40 37.26%
Market cap	40,496,694 -15.16%	47,733,100 -1.90%	48,658,518 39.96%
EV	24,599,694	40,167,100	42,642,518
EBITDA	32,834,000	18,209,000	5,509,000
EV/EBITDA	0.75	2.21	7.74
Interest	725,000	665,000	665,000
Interest/NOPBT	2.30%	3.99%	16.49%