Centene Corporation
Centene Corporation (NYSE: CNC) provides managed healthcare coverage and services, primarily to people enrolled in Medicaid, Medicare and individual health insurance plans. Its customers include state and federal government programs, health plans, employers, providers and members. In 2025, Centene operated four… From the company’s description.
In fiscal 2025, Centene Corporation reported revenue of $194.78B, up 19.4% from fiscal 2024, and a net loss of $6.68B. Its operating margin was −3.9%, and operations generated $5.09B in cash. Over the twelve months to Jun 30, 2026, revenue was $202.94B.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Centene Corporation does
In the company’s own words
Centene Corporation (NYSE: CNC) provides managed healthcare coverage and services, primarily to people enrolled in Medicaid, Medicare and individual health insurance plans. Its customers include state and federal government programs, health plans, employers, providers and members. In 2025, Centene operated four reportable segments: Medicaid, which generated 57% of external revenue; Commercial, 21%; Medicare, 19%; and Other, 3%. Medicaid offerings include coverage for low-income families, people with disabilities, children and people needing long-term services and supports. Medicare products include Medicare Advantage, prescription drug plans and Medicare Supplement; commercial plans serve individuals, families and employer groups, including through the Health Insurance Marketplace. Major brands include Wellcare for Medicare Advantage and Ambetter Health for Marketplace coverage; AcariaHealth provides specialty pharmacy services. The Other segment also includes behavioral health, vision and dental, and clinical healthcare services. As of December 31, 2025, Centene served 27.6 million members, and its 2025 revenue was $194.8 billion.
Company details
- Sector
- Health Care
- Industry (SIC)
- Insurance
- Headquarters
- ST LOUIS, MO
- Fiscal year end
- December
- CIK
- 1071739
- SIC
- 6324
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Centene Corporation — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in Centene Corporation · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · Centene Corporation’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Centene Corporation’s bonds, as funds hold them
Funds report holding 7 issues of Centene Corporation’s debt, $4.51B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.36%, maturing 2027 to 2031.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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