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 7

It depends on what you're optimizing for:

GrowthCNC(faster 5Y revenue CAGR)
QualityELV(higher ROIC)

Valuation

MetricCNCELV
P/E ratio17.19
Forward P/E14.4913.82
P/S ratio0.160.44
P/B ratio1.512.03
PEG ratio2.58
EV / EBITDA12.48
FCF yield19.65%7.24%

Profitability

MetricCNCELV
Gross margin14.93%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

MetricCNCELV
Dividend yield1.70%
Payout ratio27.24%

Growth (annualized)

MetricCNCELV
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.

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.