Centene Corporation (CNC) Net Income
The annual net income for Centene Corporation (CNC) is ($6.67 Billion) with a year-over-year change of (301.91%). Net income represents the company's bottom line profit after all expenses, taxes, and interest.
Annual Net Income (TTM)
($6.67B)
($6.67 Billion)
Year-over-Year Change
(301.91%)
vs. $3.31B prior year
Net Income CAGR
+5.71%
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
(27.26%)
3 Year
+3.36%
5 Year
+5.71%
10 Year
+19.72%
15 Year
+23.02%
20 Year
+20.06%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | ($6.67B) | ($9.98B) | (301.91%) |
| 2024 | $3.31B | +$603.00M | +22.32% |
| 2023 | $2.70B | +$1.50B | +124.79% |
| 2022 | $1.20B | ($145.00M) | (10.76%) |
| 2021 | $1.35B | ($461.00M) | (25.50%) |
| 2020 | $1.81B | +$487.00M | +36.87% |
| 2019 | $1.32B | +$421.00M | +46.78% |
| 2018 | $900.00M | +$72.00M | +8.70% |
| 2017 | $828.00M | +$266.00M | +47.33% |
| 2016 | $562.00M | +$207.00M | +58.31% |
Net Income Growth Summary
TTM Growth
(27.26%)
3-Year Avg Growth
+3.36%
5-Year Avg Growth
+5.71%
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.
- Sector
- Healthcare
- Industry
- Medical - Healthcare Plans
- CEO
- Sarah London