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 | — | −4.51% |
| 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 | — | −4.95% |
| 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% | +2.57% |
| 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% | +12.57% |
| 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 | — | −1.75% |
| Q3 2012 | 2012-09-30 | $304.0M | $289.3M | +1966.92% | +13.17% |
| Q2 2012 | 2012-06-30 | −$20.3M | $38.8M | — | −1.03% |
| Q1 2012 | 2012-03-31 | −$47.1M | −$124.2M | — | −3.01% |
| Q4 2011 | 2011-12-31 | $155.3M | $28.8M | +22.81% | +10.30% |
| 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 | — | — | +10.70% |
| Q3 2010 | 2010-09-30 | $53.4M | −$48.6M | −47.66% | +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 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.
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