Centene Corp (CNC)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 3,175,000 | 2,806,000 | 2,876,000 | 2,818,000 | 2,930,000 | 3,421,000 | 3,451,000 | 3,601,000 | 3,636,000 | 3,942,000 | 3,722,000 | 1,983,000 | 1,784,000 | 1,196,000 | 1,512,000 | 3,948,000 | 3,082,000 | 3,344,000 | 2,659,000 | 1,284,000 |
| 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 |
| Operating profit margin | 1.95% | 1.74% | 1.82% | 1.81% | 1.90% | 2.28% | 2.33% | 2.46% | 2.52% | 2.78% | 2.70% | 1.49% | 1.42% | 0.98% | 1.28% | 3.43% | 2.77% | 3.29% | 2.90% | 1.56% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $3,175,000K ÷ $163,071,000K
= 1.95%
Centene Corp's operating profit margin has shown fluctuations over the periods outlined in the data. The company's operating profit margin ranged from a low of 0.98% in September 2021 to a high of 3.43% in March 2021. Overall, the trend indicates some volatility with occasional peaks and troughs in the operating profit margin. In the most recent period, December 31, 2024, the operating profit margin stood at 1.95%, showing a slight improvement compared to the preceding quarters. This suggests that Centene Corp may be focusing on efficiency and cost management to improve its profitability, although further analysis would be needed to determine the underlying factors driving these fluctuations.
Peer comparison
Dec 31, 2024