Centene annual debt-to-equity ratio
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Centene Debt-to-Equity Ratio Growth & History (CNC)
Centene's debt-to-equity ratio was 0.91 for fiscal 2025.
View full Centene company overviewCentene annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.91 | 0.17 | +23.73% |
| 2024 | 2024-12-31 | 0.74 | 0.01 | +0.70% |
| 2023 | 2023-12-31 | 0.73 | −0.16 | −17.62% |
| 2022 | 2022-12-31 | 0.89 | 0.04 | +4.85% |
| 2021 | 2021-12-31 | 0.85 | 0.14 | +19.00% |
| 2020 | 2020-12-31 | 0.71 | −0.45 | −38.52% |
| 2019 | 2019-12-31 | 1.16 | 0.54 | +88.75% |
| 2018 | 2018-12-31 | 0.61 | −0.07 | −10.72% |
| 2017 | 2017-12-31 | 0.69 | −0.10 | −13.13% |
| 2016 | 2016-12-31 | 0.79 | 0.22 | +39.50% |
| 2015 | 2015-12-31 | 0.57 | 0.06 | +12.31% |
| 2014 | 2014-12-31 | 0.50 | −0.04 | −7.03% |
| 2013 | 2013-12-31 | 0.54 | −0.02 | −4.11% |
| 2012 | 2012-12-31 | 0.57 | 0.19 | +50.47% |
| 2011 | 2011-12-31 | 0.38 | −0.04 | −9.77% |
| 2010 | 2010-12-31 | 0.42 | −0.10 | −18.69% |
| 2009 | 2009-12-31 | 0.51 | — | — |
Centene quarterly debt-to-equity ratio
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Q2.25
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.71 | 0.07 | +11.30% |
| Q1 2026 | 2026-03-31 | 0.76 | 0.11 | +16.42% |
| Q4 2025 | 2025-12-31 | 0.91 | 0.17 | +23.73% |
| Q3 2025 | 2025-09-30 | 0.84 | 0.19 | +30.19% |
| Q2 2025 | 2025-06-30 | 0.64 | −0.00 | −0.49% |
| Q1 2025 | 2025-03-31 | 0.66 | −0.01 | −1.71% |
| Q4 2024 | 2024-12-31 | 0.74 | 0.01 | +0.70% |
| Q3 2024 | 2024-09-30 | 0.64 | −0.11 | −14.65% |
| Q2 2024 | 2024-06-30 | 0.64 | −0.19 | −22.52% |
| Q1 2024 | 2024-03-31 | 0.67 | −0.20 | −22.74% |
| Q4 2023 | 2023-12-31 | 0.73 | −0.16 | −17.62% |
| Q3 2023 | 2023-09-30 | 0.76 | −0.09 | −11.10% |
| Q2 2023 | 2023-06-30 | 0.83 | −0.01 | −1.62% |
| Q1 2023 | 2023-03-31 | 0.86 | 0.03 | +3.57% |
| Q4 2022 | 2022-12-31 | 0.89 | 0.04 | +4.85% |
| Q3 2022 | 2022-09-30 | 0.85 | −0.01 | −0.93% |
| Q2 2022 | 2022-06-30 | 0.85 | 0.14 | +19.63% |
| Q1 2022 | 2022-03-31 | 0.83 | 0.14 | +19.92% |
| Q4 2021 | 2021-12-31 | 0.85 | 0.14 | +19.00% |
| Q3 2021 | 2021-09-30 | 0.86 | 0.16 | +22.15% |
| Q2 2021 | 2021-06-30 | 0.71 | −0.01 | −0.77% |
| Q1 2021 | 2021-03-31 | 0.70 | −0.08 | −10.32% |
| Q4 2020 | 2020-12-31 | 0.71 | −0.45 | −38.52% |
| Q3 2020 | 2020-09-30 | 0.70 | 0.07 | +10.57% |
| Q2 2020 | 2020-06-30 | 0.71 | 0.06 | +9.85% |
| Q1 2020 | 2020-03-31 | 0.78 | 0.12 | +18.53% |
| Q4 2019 | 2019-12-31 | 1.16 | 0.54 | +88.75% |
| Q3 2019 | 2019-09-30 | 0.64 | 0.04 | +5.99% |
| Q2 2019 | 2019-06-30 | 0.65 | 0.06 | +9.57% |
| Q1 2019 | 2019-03-31 | 0.65 | −0.04 | −5.11% |
| Q4 2018 | 2018-12-31 | 0.61 | −0.07 | −10.72% |
| Q3 2018 | 2018-09-30 | 0.60 | −0.11 | −15.73% |
| Q2 2018 | 2018-06-30 | 0.59 | −0.15 | −20.03% |
| Q1 2018 | 2018-03-31 | 0.69 | −0.08 | −9.89% |
| Q4 2017 | 2017-12-31 | 0.69 | −0.10 | −13.13% |
| Q3 2017 | 2017-09-30 | 0.71 | −0.09 | −11.53% |
| Q2 2017 | 2017-06-30 | 0.74 | −0.07 | −8.95% |
| Q1 2017 | 2017-03-31 | 0.77 | −0.04 | −5.25% |
| Q4 2016 | 2016-12-31 | 0.79 | 0.22 | +39.50% |
| Q3 2016 | 2016-09-30 | 0.80 | 0.18 | +28.68% |
| Q2 2016 | 2016-06-30 | 0.81 | 0.22 | +37.84% |
| Q1 2016 | 2016-03-31 | 0.81 | 0.19 | +31.59% |
| Q4 2015 | 2015-12-31 | 0.57 | 0.06 | +12.31% |
| Q3 2015 | 2015-09-30 | 0.62 | 0.04 | +6.81% |
| Q2 2015 | 2015-06-30 | 0.59 | −0.01 | −2.31% |
| Q1 2015 | 2015-03-31 | 0.61 | 0.04 | +6.16% |
| Q4 2014 | 2014-12-31 | 0.50 | −0.04 | −7.03% |
| Q3 2014 | 2014-09-30 | 0.58 | 0.14 | +32.39% |
| Q2 2014 | 2014-06-30 | 0.60 | 0.11 | +22.39% |
| Q1 2014 | 2014-03-31 | 0.58 | 0.03 | +6.34% |
| Q4 2013 | 2013-12-31 | 0.54 | −0.02 | −4.11% |
| Q3 2013 | 2013-09-30 | 0.44 | 0.03 | +7.71% |
| Q2 2013 | 2013-06-30 | 0.49 | 0.06 | +14.80% |
| Q1 2013 | 2013-03-31 | 0.54 | 0.19 | +52.08% |
| Q4 2012 | 2012-12-31 | 0.57 | 0.19 | +50.47% |
| Q3 2012 | 2012-09-30 | 0.41 | 0.02 | +5.38% |
| Q2 2012 | 2012-06-30 | 0.43 | 0.04 | +9.86% |
| Q1 2012 | 2012-03-31 | 0.36 | −0.01 | −2.90% |
| Q4 2011 | 2011-12-31 | 0.38 | −0.04 | −9.77% |
| Q3 2011 | 2011-09-30 | 0.39 | 0.05 | +16.42% |
| Q2 2011 | 2011-06-30 | 0.39 | 0.06 | +18.07% |
| Q1 2011 | 2011-03-31 | 0.37 | — | — |
| Q4 2010 | 2010-12-31 | 0.42 | −0.10 | −18.69% |
| Q3 2010 | 2010-09-30 | 0.33 | — | — |
| Q2 2010 | 2010-06-30 | 0.33 | — | — |
| Q4 2009 | 2009-12-31 | 0.51 | — | — |
Centene debt-to-equity ratio trends
Over the last five fiscal years, Centene's debt-to-equity ratio increased from 0.71 to 0.91, a change of 0.20. The latest reported quarter, Q2 2026, shows 0.71.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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