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Centene Corporation (CNC)
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Centene Corporation (CNC) Enterprise Value (EV): $32.54B

The enterprise value (EV) for Centene Corporation (CNC) is $32.54B as of Thursday, June 11, 2026.

CNC Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$32.54B

CNC Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
Centene Corporation (CNC)$32.26B$32.54B
Medline Inc. (MDLN)$30.90B$44.73B
Zoetis Inc. (ZTS)$34.27B$62.97B
IQVIA Holdings Inc. (IQV)$30.08B$52.94B
Biogen Inc. (BIIB)$28.94B$29.76B
DexCom, Inc. (DXCM)$28.92B$26.37B
Agilent Technologies, Inc. (A)$36.21B$42.98B
Veeva Systems Inc. (VEEV)$26.31B$32.05B
Waters Corporation (WAT)$23.21B$23.51B
Mettler-Toledo International Inc. (MTD)$22.82B$31.01B

Enterprise Value Calculation

Market Cap

$32.26B

+

Total Debt

$18.16B

Cash

$17.89B

=

Enterprise Value

$32.54B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Centene Corporation Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Centene Corporation Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Centene Corporation (CNC)?
The enterprise value (EV) for CNC stock is $32.54B.

About Centene Corporation

Centene Corporation functions as a diverse, multinational healthcare organization, primarily dedicated to delivering a comprehensive range of programs and services to underinsured and uninsured individuals throughout the United States. Its Managed Care division provides extensive health plan coverage for people enrolled in various government-sponsored initiatives. These initiatives include Medicaid, the State Children's Health Insurance Program (SCHIP), long-term services and support, foster care, and specialized Medicare-Medicaid plans that cater to individuals dually eligible for both programs, as well as aged, blind, or disabled populations. The broad spectrum of benefits within these health plans encompasses primary and specialty physician care, inpatient and outpatient hospital services, emergency and urgent care, prenatal support, laboratory and X-ray diagnostics, and home-based primary care. Complementary services feature transportation assistance, vision and dental care, telehealth access, immunizations, specialty pharmacy, therapy, social work, nurse advisory support, and care coordination. Additionally, members are covered for prescriptions, limited over-the-counter medications, medical equipment, and essential behavioral health and substance abuse services. This segment also extends its offerings to commercial healthcare products for individuals and employer groups of various sizes. Centene's Specialty Services segment delivers a distinct set of solutions, including pharmacy benefits management (PBM), 24/7 nurse advice lines and after-hours support, vision and dental services, and staffing provisions for correctional systems and other government agencies. This division also serves beneficiaries eligible for the Military Health System. Its clientele for these specialized services spans state programs, correctional institutions, healthcare organizations, employer groups, and other commercial entities. The company delivers its healthcare services through an expansive network comprising primary and specialty care physicians, hospitals, and various ancillary providers. Established in 1984, Centene Corporation is headquartered in St. Louis, Missouri.

Saint Louis, MO
60,400 employees
Healthcare / Medical - Healthcare Plans
Sector
Healthcare
Industry
Medical - Healthcare Plans
CEO
Sarah London