Centene Corporation (CNC) vs Elevance Health Inc. (ELV)
ELV leads on 7 of 13 compared metrics.
A side-by-side comparison of Centene Corporation and Elevance Health Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Not enough overlapping price history to compare CNC and ELV.
CNC vs ELV: by the numbers
- •ELV is the larger company ($87.75B vs $32.19B market cap).
- •ELV is profitable (2.62% net margin) while CNC runs a net loss (-3.25%).
- •CNC grew revenue faster over the past five years (11.48% vs 9.97% CAGR).
- •ELV pays a dividend (1.70% yield) while CNC does not currently pay one.
Which is better, CNC or ELV?
Metric tally: CNC 6 · ELV 7It depends on what you're optimizing for:
GrowthCNC(faster 5Y revenue CAGR)
QualityELV(higher ROIC)
Valuation
| Metric | CNC | ELV |
|---|---|---|
| P/E ratio | — | 17.19 |
| Forward P/E | 14.49 | 13.82● |
| P/S ratio | 0.16● | 0.44 |
| P/B ratio | 1.51● | 2.03 |
| PEG ratio | — | 2.58 |
| EV / EBITDA | — | 12.48 |
| FCF yield | 19.65%● | 7.24% |
Profitability
| Metric | CNC | ELV |
|---|---|---|
| Gross margin | 14.93% | 23.16%● |
| Operating margin | -3.68% | 3.81%● |
| Net margin | -3.25% | 2.62%● |
| ROE | -30.07% | 11.94%● |
| ROIC | -13.41% | 6.65%● |
Dividends
| Metric | CNC | ELV |
|---|---|---|
| Dividend yield | — | 1.70% |
| Payout ratio | — | 27.24% |
Growth (annualized)
| Metric | CNC | ELV |
|---|---|---|
| Revenue CAGR (5Y) | 11.48%● | 9.97% |
| EPS CAGR (5Y) | 14.68%● | 6.67% |
| FCF CAGR (5Y) | 5.28%● | -7.76% |
| Total return CAGR (5Y) | -1.64% | 2.50%● |
Frequently asked
- Which is better, CNC or ELV?
- It depends on your goal. growth: CNC (faster 5Y revenue CAGR); quality: ELV (higher ROIC). Across all compared metrics, ELV leads 7 to 6.
- Which has grown faster, CNC or ELV?
- Over the past five years, CNC grew revenue faster — CNC at a 11.48% CAGR versus ELV at 9.97%.
- Does CNC or ELV pay a bigger dividend?
- ELV pays a dividend (1.70% yield) while CNC does not currently pay one.
- Is CNC or ELV more profitable?
- ELV runs the higher net margin — CNC at -3.25% versus ELV at 2.62%.
- Which has been the better investment, CNC or ELV?
- Over the past 10-year, ELV delivered the higher annualized total return — CNC at 6.74% versus ELV at 13.43%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Centene P/E ratioElevance Health P/E ratioCentene dividend yieldElevance Health dividend yieldCentene ROEElevance Health ROECentene operating marginElevance Health operating marginCentene revenue growthElevance Health revenue growthCentene free cash flowElevance Health free cash flow
Centene & Elevance Health appear in these rankings
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 June 14, 2026.