Centene Corp (CNC)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 13.13% | 12.97% | 15.62% | 17.75% | 17.88% | 15.66% | 13.37% | 11.54% | 11.52% | 11.62% | 11.68% | 11.21% | 11.27% | 11.40% | 11.93% | 13.62% | 13.69% | 13.75% | 13.33% | 11.72% |
| 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% |
| 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% |
| 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% |
Centene Corp's profitability ratios show varying trends over the analyzed periods. The gross profit margin experienced fluctuations but generally improved from 11.72% on March 31, 2020, to a peak of 17.88% on December 31, 2023. However, it slightly declined to 13.13% by December 31, 2024.
The operating profit margin started at 1.56% on March 31, 2020, then increased, with some fluctuations, reaching 2.78% on September 30, 2022. However, it decreased to 1.95% by December 31, 2024.
The pretax margin also showed fluctuations, starting at 1.49% on March 31, 2020, peaking at 3.11% on March 31, 2021, before gradually declining to 2.61% by June 30, 2024.
The net profit margin followed a similar trend, starting at 1.03% on March 31, 2020, increasing to 2.14% on March 31, 2021, and then slightly fluctuating before reaching 2.03% by December 31, 2024.
Overall, Centene Corp's profitability ratios reflect a mix of improvements and declines, impacted by various factors such as operational efficiency, revenue growth, and cost management strategies.
Return on investment
| 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 return on assets (Operating ROA) | 3.85% | 3.41% | 3.46% | 3.41% | 3.46% | 4.05% | 4.17% | 4.34% | 4.73% | 4.86% | 4.59% | 2.39% | 2.28% | 1.54% | 2.11% | 5.62% | 4.48% | 4.89% | 3.89% | 1.93% |
| Return on assets (ROA) | 4.01% | 3.72% | 3.40% | 3.31% | 3.19% | 2.89% | 3.27% | 1.78% | 1.56% | 2.48% | 2.30% | 1.81% | 1.72% | 0.95% | 1.01% | 3.50% | 2.63% | 2.97% | 2.28% | 1.27% |
| Return on total capital | 18.78% | 17.02% | 14.47% | 11.54% | 10.36% | 10.94% | 12.18% | 14.38% | 15.11% | 15.53% | 15.03% | 12.74% | 12.18% | 10.11% | 10.66% | 14.99% | 12.24% | 13.28% | 11.98% | 6.91% |
| Return on equity (ROE) | 12.51% | 11.23% | 10.32% | 10.15% | 10.46% | 9.64% | 10.54% | 5.90% | 4.98% | 7.94% | 7.08% | 5.51% | 5.03% | 2.78% | 2.78% | 9.34% | 7.02% | 7.89% | 6.21% | 3.59% |
Centene Corp's profitability ratios show a mix of performance over the analyzed periods.
- Operating return on assets (Operating ROA) has fluctuated from 1.93% in March 2020 to a peak of 5.62% in March 2021, before experiencing some volatility but generally staying above 2%.
- Return on assets (ROA) has also shown variability, ranging from 1.01% in June 2021 to a high of 4.01% in December 2024, with an upward trend seen in recent periods.
- Return on total capital has demonstrated an increasing trend, starting from 6.91% in March 2020 and reaching 18.78% by December 2024, with significant improvement seen in the latter half of the period.
- Return on equity (ROE) has shown a similar pattern to ROA, with a mix of fluctuations but generally improving performance over time, from 2.78% in June 2021 to 12.51% in December 2024.
Overall, Centene Corp has shown a generally improving trend in profitability ratios over the analyzed period, indicating effective management of assets and capital to generate returns for shareholders.