Centene annual free cash flow
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2025
Centene Free Cash Flow (FCF) History (CNC)
Centene reported $4.32B in free cash flow for fiscal 2025, an increase of $4.81B from the previous fiscal year, with a free cash flow margin of 2.48%.
View full Centene company overviewCentene free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.32B | $4.81B | — | +2.48% |
| 2024 | 2024-12-31 | −$490.0M | −$7.74B | — | −0.34% |
| 2023 | 2023-12-31 | $7.25B | $2.00B | +37.99% | +5.18% |
| 2022 | 2022-12-31 | $5.26B | $1.96B | +59.54% | +3.88% |
| 2021 | 2021-12-31 | $3.29B | −$1.34B | −28.90% | +2.79% |
| 2020 | 2020-12-31 | $4.63B | $3.88B | +515.41% | +4.46% |
| 2019 | 2019-12-31 | $753.0M | $194.0M | +34.70% | +1.07% |
| 2018 | 2018-12-31 | $559.0M | −$508.0M | −47.61% | +0.99% |
| 2017 | 2017-12-31 | $1.07B | −$478.0M | −30.94% | +2.34% |
| 2016 | 2016-12-31 | $1.54B | $1.04B | +204.13% | +4.11% |
| 2015 | 2015-12-31 | $508.0M | −$612.0M | −54.64% | +2.23% |
| 2014 | 2014-12-31 | $1.12B | $806.0M | +256.69% | +6.76% |
| 2013 | 2013-12-31 | $314.0M | $117.0M | +59.39% | +2.89% |
| 2012 | 2012-12-31 | $197.0M | $9.0M | +4.79% | +2.43% |
| 2011 | 2011-12-31 | $188.0M | $137.6M | +273.17% | +3.61% |
| 2010 | 2010-12-31 | $50.4M | −$174.1M | −77.56% | +1.13% |
| 2009 | 2009-12-31 | $224.5M | $67.7M | +43.14% | +5.47% |
| 2008 | 2008-12-31 | $156.8M | — | — | +4.66% |
Centene quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.42B | $1.84B | +116.61% | +7.70% |
| Q1 2026 | 2026-03-31 | $4.17B | $2.79B | +202.98% | +9.33% |
| Q4 2025 | 2025-12-31 | $224.0M | $965.0M | — | +0.50% |
| Q3 2025 | 2025-09-30 | $1.15B | $2.28B | — | +2.55% |
| Q2 2025 | 2025-06-30 | $1.58B | −$412.0M | −20.71% | +3.71% |
| Q1 2025 | 2025-03-31 | $1.38B | $1.98B | — | +3.24% |
| Q4 2024 | 2024-12-31 | −$741.0M | −$735.0M | — | −2.04% |
| Q3 2024 | 2024-09-30 | −$1.13B | −$2.02B | — | −3.07% |
| Q2 2024 | 2024-06-30 | $1.99B | −$342.0M | −14.67% | +5.53% |
| Q1 2024 | 2024-03-31 | −$607.0M | −$4.65B | — | −1.67% |
| Q4 2023 | 2023-12-31 | −$6.0M | $1.80B | — | −0.02% |
| Q3 2023 | 2023-09-30 | $885.0M | −$2.20B | −71.31% | +2.53% |
| Q2 2023 | 2023-06-30 | $2.33B | −$741.0M | −24.12% | +6.69% |
| Q1 2023 | 2023-03-31 | $4.04B | $3.13B | +344.88% | +11.57% |
| Q4 2022 | 2022-12-31 | −$1.81B | −$2.24B | — | −5.39% |
| Q3 2022 | 2022-09-30 | $3.08B | $1.51B | +95.62% | +9.15% |
| Q2 2022 | 2022-06-30 | $3.07B | $1.64B | +114.08% | +9.04% |
| Q1 2022 | 2022-03-31 | $909.0M | $1.05B | — | +2.66% |
| Q4 2021 | 2021-12-31 | $427.0M | −$2.35B | −84.61% | +1.40% |
| Q3 2021 | 2021-09-30 | $1.58B | $2.78B | — | +5.17% |
| Q2 2021 | 2021-06-30 | $1.44B | −$2.04B | −58.75% | +4.97% |
| Q1 2021 | 2021-03-31 | −$144.0M | $273.0M | — | −0.51% |
| Q4 2020 | 2020-12-31 | $2.77B | $3.63B | — | +10.49% |
| Q3 2020 | 2020-09-30 | −$1.20B | −$910.0M | — | −4.38% |
| Q2 2020 | 2020-06-30 | $3.48B | $2.72B | +359.58% | +13.52% |
| Q1 2020 | 2020-03-31 | −$417.0M | −$1.56B | — | −1.73% |
| Q4 2019 | 2019-12-31 | −$851.0M | −$31.0M | — | −4.72% |
| Q3 2019 | 2019-09-30 | −$293.0M | −$714.0M | — | −1.61% |
| Q2 2019 | 2019-06-30 | $757.0M | $1.43B | — | +4.38% |
| Q1 2019 | 2019-03-31 | $1.14B | −$488.0M | −29.98% | +6.77% |
| Q4 2018 | 2018-12-31 | −$820.0M | −$1.15B | — | −5.24% |
| Q3 2018 | 2018-09-30 | $421.0M | $444.0M | — | +2.74% |
| Q2 2018 | 2018-06-30 | −$670.0M | −$266.0M | — | −5.20% |
| Q1 2018 | 2018-03-31 | $1.63B | $463.0M | +39.74% | +12.97% |
| Q4 2017 | 2017-12-31 | $329.0M | −$1.17B | −78.02% | +2.98% |
| Q3 2017 | 2017-09-30 | −$23.0M | −$388.0M | — | −0.20% |
| Q2 2017 | 2017-06-30 | −$404.0M | $64.0M | — | −3.53% |
| Q1 2017 | 2017-03-31 | $1.17B | $1.01B | +671.52% | +9.94% |
| Q4 2016 | 2016-12-31 | $1.50B | $1.34B | +884.87% | +16.85% |
| Q3 2016 | 2016-09-30 | $365.0M | $346.0M | +1821.05% | +3.37% |
| Q2 2016 | 2016-06-30 | −$468.0M | −$787.0M | — | −4.29% |
| Q1 2016 | 2016-03-31 | $151.0M | $133.0M | +738.89% | +2.17% |
| Q4 2015 | 2015-12-31 | $152.0M | −$184.0M | −54.76% | +2.41% |
| Q3 2015 | 2015-09-30 | $19.0M | −$395.0M | −95.41% | +0.33% |
| Q2 2015 | 2015-06-30 | $319.0M | $183.0M | +134.56% | +5.79% |
| Q1 2015 | 2015-03-31 | $18.0M | −$216.0M | −92.31% | +0.35% |
| Q4 2014 | 2014-12-31 | $336.0M | $187.3M | +125.94% | +7.11% |
| Q3 2014 | 2014-09-30 | $414.0M | $299.6M | +261.87% | +9.51% |
| Q2 2014 | 2014-06-30 | $136.0M | $117.5M | +633.43% | +3.38% |
| Q1 2014 | 2014-03-31 | $234.0M | $201.7M | +623.58% | +6.76% |
| Q4 2013 | 2013-12-31 | $148.7M | $188.4M | — | +5.07% |
| Q3 2013 | 2013-09-30 | $114.4M | −$189.6M | −62.37% | +4.09% |
| Q2 2013 | 2013-06-30 | $18.5M | $38.8M | — | +0.71% |
| Q1 2013 | 2013-03-31 | $32.3M | $79.4M | — | +1.28% |
| Q4 2012 | 2012-12-31 | −$39.7M | −$194.9M | — | −2.16% |
| Q3 2012 | 2012-09-30 | $304.0M | $289.3M | +1966.92% | +12.42% |
| Q2 2012 | 2012-06-30 | −$20.3M | $38.8M | — | −0.96% |
| Q1 2012 | 2012-03-31 | −$47.1M | −$124.2M | — | −2.75% |
| Q4 2011 | 2011-12-31 | $155.3M | $28.8M | +22.81% | +11.27% |
| Q3 2011 | 2011-09-30 | $14.7M | −$38.7M | −72.45% | +1.13% |
| Q2 2011 | 2011-06-30 | −$59.1M | $19.3M | — | −4.49% |
| Q1 2011 | 2011-03-31 | $77.1M | $128.1M | — | +6.34% |
| Q4 2010 | 2010-12-31 | $126.4M | $24.4M | +23.95% | +10.70% |
| Q3 2010 | 2010-09-30 | $53.4M | — | — | +4.76% |
| Q2 2010 | 2010-06-30 | −$78.4M | — | — | −7.28% |
| Q1 2010 | 2010-03-31 | −$51.0M | — | — | −4.77% |
| Q3 2009 | 2009-09-30 | $102.0M | — | — | +9.82% |
Centene free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $4.63B to $4.32B, a compound annual decline of 1.39%. Centene's latest reported quarter, Q2 2026, generated $3.42B in free cash flow, an increase of 116.61% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Centene filings at SEC.gov ↗