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Centene Corporation Quality Score

CNC

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Quality55

Growth is the primary weakness (avg 35/100). Valuation is the relative bright spot.

Broad-market heuristics · Not a buy/sell signal

Valuation and growth

Earnings Multiple
60/100
25.3x

25–30x, paying a growth premium

Cash Flow Multiple
100/100
9.5x

Under 20x cash flow, well covered

Revenue Growth
70/100
9.0%

5–10% CAGR, steady but not exceptional

Cash Flow Growth
0/100
-6.9%

Below 2%, essentially flat

Business Quality & Capital Allocation

Share Dilution
100/100
-15.1%

Shrinking >2%, active buybacks

Margin Trend
20/100
-0.4pp

Modest contraction, within normal range

Capital Structure
100/100
-$8.04B

Net cash position, no leverage concern

2022
$14.4B
$21.3B
2023
$19.6B
$18.9B
2024
$16.7B
$19.4B
2025
$20.3B
$18.2B
TTM
$23.6B
$15.5B
CashDebt
Return on Capital
0/100
1.4%

Below 8%, may not cover cost of capital

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Centene (CNC) quality: score, margins and returns

Centene (CNC) scores 55/100 on Intrinsiqq's quality score (a mixed business), a weighted blend of 8 metrics each scored 0 to 100, on 0.5% operating margins and 1.4% ROIC. Every metric is computed from SEC filings; this is analysis, not investment advice.

Frequently asked

Is Centene (CNC) a high-quality business?+

Centene scores 55 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which rates it a mixed business on these measures. Recent figures include a 0.5% operating margin and a 1.4% return on invested capital. Quality and price are separate questions: even a great business can be a poor investment if you overpay, so read this score alongside the valuation. The metric-by-metric breakdown is on this scorecard.

What does Centene's quality score measure?+

Intrinsiqq's quality score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, change in share count, and balance-sheet strength, each computed from CNC's SEC filings rather than opinion or sentiment. A higher score means a more durable, capital-efficient business; it is not a buy or sell signal. Open each metric on this page to see exactly where Centene scores well and where it falls behind.

What is Centene's return on invested capital (ROIC)?+

Centene earns about 1.4% on its invested capital, which is weak. ROIC measures how much profit a company generates per dollar put to work; sustained ROIC above its cost of capital is one of the clearest signs of a real competitive moat. Compare it to CNC's margins and growth on this scorecard to judge durability.

How profitable is Centene?+

Centene runs an operating margin of about 0.5% and a net margin of about 0.7%. Revenue has grown at roughly 11.9% a year recently. High, stable margins usually point to pricing power and operating discipline. Margins are most telling next to growth and returns on capital, all of which feed this quality score. This is analysis from SEC filings, not investment advice.

How the market compares: US profitability statistics

SourceQuality score computed from the 10-Q filed 23 Oct 2026, covering the period ending 30 Sept 2026, as reported to the SEC. Data last refreshed 28 Oct 2026. How this is calculated.

Fiscal year ends Dec. Sector medians are approximate S&P 500 benchmarks and update periodically. Checks use broad-market heuristics, so sector norms may differ, and the valuation checks are more cyclical than the quality checks.

Peers

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Held by ETFs

CNC is in 284 US ETFs. The largest of them, with CNC's weight in each:

Spot a number that looks wrong? Check it in CNC's SEC filings or

Download this analysis as a PDF (Pro)

Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.