Centene Corp. (CNC) vs Elevance Health Inc. (ELV)

A side-by-side comparison of Centene Corp. and Elevance Health Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnCNC vs ELV

growth of $100 · dividends reinvested · last 10y
CNC +95.7% (+6.9%/yr)ELV +284.4% (+14.4%/yr)ELV compounded faster over this window
100200300400500Start $10020182020202220242026$196$384
CNC ELV

CNC vs ELV: by the numbers

  • ELV is the larger company ($90.81B vs $32.80B market cap).
  • ELV is profitable (2.47% net margin) while CNC runs a net loss (-2.63%).
  • CNC grew revenue faster over the past five years (10.35% vs 9.25% CAGR).
  • ELV pays a dividend (1.65% yield), while CNC has no payments in the available dividend history.

Metrics side by side

Valuation

MetricCNCELV
P/E ratioN/A18.61
Forward P/E13.8315.42
P/S ratio0.170.45
P/B ratio1.452.02
EV / EBITDAN/A13.82
FCF yield27.34%6.93%

Profitability

MetricCNCELV
Gross margin16.13%25.56%
Operating margin-2.82%3.51%
Net margin-2.63%2.47%
ROE-22.60%11.06%
ROIC-12.90%6.34%

Dividends

MetricCNCELV
Dividend yieldN/A1.65%
Payout ratioN/A30.49%

Growth (annualized)

MetricCNCELV
Revenue CAGR (5Y)10.35%9.25%
EPS CAGR (5Y)N/A6.67%
FCF CAGR (5Y)-1.39%-19.97%
Total return CAGR (5Y)1.83%4.62%

Frequently asked

Which has grown faster, CNC or ELV?
Over the past five years, CNC grew revenue faster — CNC at a 10.35% CAGR versus ELV at 9.25%.
Does CNC or ELV pay a bigger dividend?
ELV pays a dividend (1.65% yield), while CNC has no payments in the available dividend history.
Is CNC or ELV more profitable?
ELV runs the higher net margin — CNC at -2.63% versus ELV at 2.47%.
How have CNC and ELV total returns compared?
Over the past 10 years, CNC delivered 6.94% and ELV delivered 14.18% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 11, 2026.