Centene Corp (CNC)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,305,000 | 3,067,000 | 2,823,000 | 2,735,000 | 2,702,000 | 2,438,000 | 2,707,000 | 1,478,000 | 1,197,000 | 2,015,000 | 1,861,000 | 1,497,000 | 1,347,000 | 736,000 | 720,000 | 2,461,000 | 1,808,000 | 2,029,000 | 1,556,000 | 845,000 |
| Revenue (ttm) | US$ in thousands | 163,071,000 | 161,726,000 | 157,745,000 | 155,517,000 | 153,999,000 | 150,100,000 | 147,923,000 | 146,251,000 | 144,547,000 | 141,554,000 | 138,095,000 | 133,184,000 | 125,982,000 | 121,702,000 | 118,386,000 | 115,073,000 | 111,115,000 | 101,690,000 | 91,576,000 | 82,220,000 |
| Net profit margin | 2.03% | 1.90% | 1.79% | 1.76% | 1.75% | 1.62% | 1.83% | 1.01% | 0.83% | 1.42% | 1.35% | 1.12% | 1.07% | 0.60% | 0.61% | 2.14% | 1.63% | 2.00% | 1.70% | 1.03% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,305,000K ÷ $163,071,000K
= 2.03%
The net profit margin of Centene Corp has shown fluctuations over the period from March 31, 2020, to December 31, 2024.
- The net profit margin started at 1.03% on March 31, 2020, and experienced variations in subsequent quarters, with a notable increase to 2.00% on September 30, 2020.
- However, the net profit margin dipped to 0.61% on June 30, 2021, and 0.60% on September 30, 2021, indicating a decrease in profitability during this period.
- Subsequently, there was a recovery in profitability, with the net profit margin reaching 2.14% on March 31, 2021, and remaining above 1% until September 30, 2022.
- The net profit margin fluctuated around the 1% mark from March 31, 2022, to June 30, 2024, with values ranging from 0.83% to 2.03%.
- The net profit margin peaked at 2.03% on December 31, 2024, indicating an improvement in profitability at the end of the period under review.
Overall, Centene Corp's net profit margin experienced ups and downs over the years, with some quarters showing stronger profitability than others. Monitoring this ratio can provide insights into the company's ability to generate profits relative to its revenue.
Peer comparison
Dec 31, 2024