Centene annual operating margin
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2025
Centene Operating Margin Growth & History (CNC)
Centene's operating margin was −4.37% for fiscal 2025.
View full Centene company overviewCentene annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −4.37% | −6.55 pp |
| 2024 | 2024-12-31 | 2.18% | +0.09 pp |
| 2023 | 2023-12-31 | 2.09% | +1.12 pp |
| 2022 | 2022-12-31 | 0.97% | −0.54 pp |
| 2021 | 2021-12-31 | 1.51% | −1.46 pp |
| 2020 | 2020-12-31 | 2.97% | +0.44 pp |
| 2019 | 2019-12-31 | 2.53% | −0.05 pp |
| 2018 | 2018-12-31 | 2.58% | −0.04 pp |
| 2017 | 2017-12-31 | 2.63% | −0.73 pp |
| 2016 | 2016-12-31 | 3.36% | +0.26 pp |
| 2015 | 2015-12-31 | 3.10% | +0.30 pp |
| 2014 | 2014-12-31 | 2.80% | +0.25 pp |
| 2013 | 2013-12-31 | 2.55% | +1.22 pp |
| 2012 | 2012-12-31 | 1.33% | −2.58 pp |
| 2011 | 2011-12-31 | 3.91% | +0.38 pp |
| 2010 | 2010-12-31 | 3.53% | +0.16 pp |
| 2009 | 2009-12-31 | 3.37% | −0.54 pp |
| 2008 | 2008-12-31 | 3.91% | — |
Centene quarterly operating margin
Q2.09
Q3.09
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Q2.23
Q3.23
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Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.70% | +3.78 pp |
| Q1 2026 | 2026-03-31 | 4.17% | +0.56 pp |
| Q4 2025 | 2025-12-31 | −3.90% | −4.38 pp |
| Q3 2025 | 2025-09-30 | −15.49% | −17.29 pp |
| Q2 2025 | 2025-06-30 | −1.08% | −4.49 pp |
| Q1 2025 | 2025-03-31 | 3.61% | +0.57 pp |
| Q4 2024 | 2024-12-31 | 0.48% | +1.03 pp |
| Q3 2024 | 2024-09-30 | 1.80% | −0.30 pp |
| Q2 2024 | 2024-06-30 | 3.42% | +0.06 pp |
| Q1 2024 | 2024-03-31 | 3.04% | −0.44 pp |
| Q4 2023 | 2023-12-31 | −0.55% | +0.29 pp |
| Q3 2023 | 2023-09-30 | 2.10% | +0.69 pp |
| Q2 2023 | 2023-06-30 | 3.36% | +3.74 pp |
| Q1 2023 | 2023-03-31 | 3.48% | −0.18 pp |
| Q4 2022 | 2022-12-31 | −0.84% | −2.82 pp |
| Q3 2022 | 2022-09-30 | 1.41% | −0.37 pp |
| Q2 2022 | 2022-06-30 | −0.38% | +1.07 pp |
| Q1 2022 | 2022-03-31 | 3.66% | −0.09 pp |
| Q4 2021 | 2021-12-31 | 1.98% | +1.92 pp |
| Q3 2021 | 2021-09-30 | 1.79% | −1.35 pp |
| Q2 2021 | 2021-06-30 | −1.45% | −9.29 pp |
| Q1 2021 | 2021-03-31 | 3.75% | +2.97 pp |
| Q4 2020 | 2020-12-31 | 0.06% | −1.48 pp |
| Q3 2020 | 2020-09-30 | 3.14% | +2.17 pp |
| Q2 2020 | 2020-06-30 | 7.84% | +4.13 pp |
| Q1 2020 | 2020-03-31 | 0.78% | −3.29 pp |
| Q4 2019 | 2019-12-31 | 1.54% | −0.94 pp |
| Q3 2019 | 2019-09-30 | 0.97% | +0.70 pp |
| Q2 2019 | 2019-06-30 | 3.72% | −0.08 pp |
| Q1 2019 | 2019-03-31 | 4.07% | −0.23 pp |
| Q4 2018 | 2018-12-31 | 2.48% | +0.84 pp |
| Q3 2018 | 2018-09-30 | 0.27% | −2.71 pp |
| Q2 2018 | 2018-06-30 | 3.80% | −0.03 pp |
| Q1 2018 | 2018-03-31 | 4.30% | +2.25 pp |
| Q4 2017 | 2017-12-31 | 1.64% | −4.26 pp |
| Q3 2017 | 2017-09-30 | 2.98% | −0.18 pp |
| Q2 2017 | 2017-06-30 | 3.83% | +0.37 pp |
| Q1 2017 | 2017-03-31 | 2.05% | +1.76 pp |
| Q4 2016 | 2016-12-31 | 5.90% | +2.41 pp |
| Q3 2016 | 2016-09-30 | 3.15% | +0.01 pp |
| Q2 2016 | 2016-06-30 | 3.46% | +0.32 pp |
| Q1 2016 | 2016-03-31 | 0.29% | −2.23 pp |
| Q4 2015 | 2015-12-31 | 3.49% | −0.59 pp |
| Q3 2015 | 2015-09-30 | 3.14% | +0.66 pp |
| Q2 2015 | 2015-06-30 | 3.14% | +0.83 pp |
| Q1 2015 | 2015-03-31 | 2.51% | +0.49 pp |
| Q4 2014 | 2014-12-31 | 4.09% | +1.20 pp |
| Q3 2014 | 2014-09-30 | 2.48% | −0.52 pp |
| Q2 2014 | 2014-06-30 | 2.31% | −0.32 pp |
| Q1 2014 | 2014-03-31 | 2.02% | +0.46 pp |
| Q4 2013 | 2013-12-31 | 2.89% | −5.17 pp |
| Q3 2013 | 2013-09-30 | 3.00% | +4.13 pp |
| Q2 2013 | 2013-06-30 | 2.63% | +4.85 pp |
| Q1 2013 | 2013-03-31 | 1.57% | −0.43 pp |
| Q4 2012 | 2012-12-31 | 8.06% | +3.64 pp |
| Q3 2012 | 2012-09-30 | −1.13% | −4.86 pp |
| Q2 2012 | 2012-06-30 | −2.21% | −6.42 pp |
| Q1 2012 | 2012-03-31 | 2.00% | −1.22 pp |
| Q4 2011 | 2011-12-31 | 4.42% | +0.56 pp |
| Q3 2011 | 2011-09-30 | 3.73% | +0.14 pp |
| Q2 2011 | 2011-06-30 | 4.21% | +0.33 pp |
| Q1 2011 | 2011-03-31 | 3.21% | +0.44 pp |
| Q4 2010 | 2010-12-31 | 3.85% | +0.19 pp |
| Q3 2010 | 2010-09-30 | 3.59% | +0.56 pp |
| Q2 2010 | 2010-06-30 | 3.87% | — |
| Q1 2010 | 2010-03-31 | 2.77% | — |
| Q3 2009 | 2009-09-30 | 3.66% | — |
| Q2 2009 | 2009-06-30 | 3.02% | — |
Centene operating margin trends
Over the last five reported fiscal years, Centene's operating margin decreased from 2.97% to −4.37%, a change of −7.34 percentage points. The latest reported quarter, Q2 2026, shows 2.70%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Centene filings at SEC.gov ↗