Centene Corp (CNC)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 4,257,000 | 3,934,000 | 3,781,000 | 3,680,000 | 3,598,000 | 3,615,000 | 3,856,000 | 2,205,000 | 1,962,000 | 2,615,000 | 2,326,000 | 2,020,000 | 1,813,000 | 1,045,000 | 1,097,000 | 3,583,000 | 2,773,000 | 3,107,000 | 2,510,000 | 1,228,000 |
| 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 |
| Pretax margin | 2.61% | 2.43% | 2.40% | 2.37% | 2.34% | 2.41% | 2.61% | 1.51% | 1.36% | 1.85% | 1.68% | 1.52% | 1.44% | 0.86% | 0.93% | 3.11% | 2.50% | 3.06% | 2.74% | 1.49% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $4,257,000K ÷ $163,071,000K
= 2.61%
Centene Corp's pretax margin has fluctuated over the analyzed period, ranging from a low of 0.86% in September 30, 2021, to a high of 3.11% in March 31, 2021. The trend shows some volatility, with increases and decreases in the pretax margin occurring quarter to quarter. Notably, the pretax margin experienced a significant drop in June 30, 2021, before gradually recovering and stabilizing around the 2% mark in the latter part of the analysis period. Overall, the variations in Centene Corp's pretax margin signify changing financial performance and efficiency in generating profits before tax expenses.
Peer comparison
Dec 31, 2024