OverviewSuggest Edit

Centene Corporation (Centene) is a healthcare services field company. The company remains deeply committed to delivering results for its stakeholders: state governments, members, providers, uninsured individuals and families, and other healthcare and commercial organizations.
TypePublic
Founded1984
HQSt. Louis, US
Websitecentene.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Dec 2018)47,300(+41%)
Job Openings1,653
Revenue (FY, 2018)$60.1 B(+25%)
Share Price (Jun 2019)$55 (+2%)

Key People/Management at Centene

Michael Neidorff

Michael Neidorff

Chairman and CEO Centene Corporation
Orlando Ayala

Orlando Ayala

Retired Chairman and Corporate Vice President of Emerging Business for Microsoft Corporation
Jessica Blume

Jessica Blume

Retired Vice Chairman Deloitte LLP
Robert Ditmore

Robert Ditmore

Retired President and COO UnitedHealthcare Corporation
Frederick Eppinger

Frederick Eppinger

Retired Director, President and CEO of the Hanover Insurance Group, Inc
Richard Gephardt

Richard Gephardt

Chief Executive Officer of Gephardt and Associates Former Majority Leader of the U.S. House of Representatives
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Centene Office Locations

Centene has an office in St. Louis
St. Louis, US (HQ)
7700 Forsyth Blvd
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Centene Financials and Metrics

Centene Revenue

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Centene's revenue was reported to be $60.12 b in FY, 2018
USD

Revenue (Q1, 2019)

18.4b

Gross profit (Q1, 2019)

17.9b

Gross profit margin (Q1, 2019), %

97.1%

Net income (Q1, 2019)

519.0m

Market capitalization (10-Jun-2019)

22.7b

Closing stock price (10-Jun-2019)

55.0

Cash (31-Mar-2019)

6.3b

EV

23.2b
Centene's current market capitalization is $22.7 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

10.9b16.6b22.8b40.6b48.4b60.1b

Revenue growth, %

52%37%78%

Cost of goods sold

326.9m1.3b1.6b1.9b1.8b2.4b

Gross profit

10.5b15.3b21.1b38.7b46.5b57.7b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

2.8b3.5b4.0b4.4b5.1b5.5b5.8b7.0b10.9b10.8b11.7b12.0b11.9b13.2b14.2b16.2b18.4b

Cost of goods sold

100.5m242.3m365.9m327.2m402.0m419.0m413.0m367.0m515.0m504.0m441.0m456.0m437.0m543.0m658.0m622.0m544.0m

Gross profit

2.7b3.2b3.7b4.0b4.7b5.1b5.4b6.6b10.4b10.3b11.3b11.5b11.5b12.7b13.5b15.6b17.9b

Gross profit Margin, %

96%93%91%92%92%92%93%95%95%95%96%96%96%96%95%96%97%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

974.3m1.5b1.8b3.9b4.1b5.3b

Current Assets

1.8b3.0b3.6b8.4b8.7b12.0b

Goodwill

348.4m754.0m842.0m4.7b4.7b7.0b

Total Assets

3.5b5.8b7.3b20.2b21.9b30.9b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

741.3m1.2b1.2b1.5b1.7b2.0b1.7b3.4b2.7b3.0b4.8b4.4b4.3b5.7b6.7b6.8b6.3b

Current Assets

1.4b2.3b2.3b2.8b3.6b3.8b3.6b7.6b7.9b7.8b9.4b9.6b9.7b11.0b12.4b13.1b13.6b

Goodwill

347.5m657.6m642.6m753.1m786.0m811.0m849.0m4.4b4.7b4.7b4.7b4.7b4.7b5.3b5.3b6.8b7.0b

Total Assets

3.1b4.4b4.7b5.4b6.7b7.0b7.3b18.7b19.5b19.6b21.4b21.8b22.0b25.2b28.7b31.2b33.6b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

165.7m264.0m357.0m561.0m808.0m894.0m

Depreciation and Amortization

361.0m495.0m

Accounts Payable

151.7m506.0m39.0m402.0m53.0m(533.0m)

Cash From Operating Activities

382.5m1.2b658.0m1.9b1.5b1.2b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

110.8m32.3m80.5m159.6m64.0m152.0m246.0m(16.0m)152.0m298.0m132.0m384.0m585.0m338.0m637.0m653.0m519.0m

Depreciation and Amortization

50.2m20.3m42.1m65.0m27.0m53.0m82.0m35.0m111.0m189.0m86.0m173.0m264.0m104.0m215.0m354.0m155.0m

Accounts Payable

48.8m90.5m160.1m427.1m58.0m166.0m209.0m35.0m(8.0m)99.0m(237.0m)(257.0m)205.0m157.0m(865.0m)35.0m357.0m

Cash From Operating Activities

211.7m252.4m411.9m853.7m45.0m395.0m457.0m195.0m(225.0m)255.0m1.2b942.0m1.0b1.8b1.3b1.9b1.3b
USDY, 2019

EV/CFO

17.6 x

EV/FCF

20.3 x

Financial Leverage

2.9 x
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Centene Online and Social Media Presence

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Centene News and Updates

Centene To Present At Goldman Sachs Healthcare Conference

ST. LOUIS, June 6, 2019 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today it will present at the Goldman Sachs 40th Annual Global Healthcare Conference, to be held June 11-13, 2019, at The Terranea Resort in Rancho Palos Verdes, CA. Centene will present on Tuesday, June...

Humana: We're Not Merging With Centene

Humana said it will not make a proposal to combine with Centene, responding to rumors and speculation it was interested in a friendly takeover.

Centene Falls as Humana Won't Seek to Break Up WellCare Deal

Centene Falls as Humana Won't Seek to Break Up WellCare Deal

Humana says will not bid for Centene Corp

Humana Inc said https://www.sec.gov/Archives/edgar/data/49071/000119312519163308/d754845d8k.htm on Monday it would not make a proposal to combine with Centene Corp, which in March agreed to buy WellCare Health Plans Inc for $15.27 billion. In a statement, Humana confirmed it would not bid for Centen…

Centene Moves To Tighten Grip On WellCare With Executive Moves

Centene will include the CEO and CFO of WellCare Health Plan in the executive leadership of the combined company, the health insurer said.

Centene Corporation Announces Appointments of Ken Burdick and Drew Asher to Executive Team of Combined Company Following Close of WellCare Transaction

ST. LOUIS, May 31, 2019 /PRNewswire/ -- Centene Corporation (NYSE: CNC) ("Centene" or the "Company") today announced that upon completion of the pending combination with WellCare Health Plans, Inc. (NYSE: WCG) ("WellCare"), Ken Burdick, currently Chief Executive Officer of WellCare, and...
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Centene Frequently Asked Questions

  • When was Centene founded?

    Centene was founded in 1984.

  • Who are Centene key executives?

    Centene's key executives are Michael Neidorff, Orlando Ayala and Jessica Blume.

  • How many employees does Centene have?

    Centene has 47,300 employees.

  • What is Centene revenue?

    Latest Centene annual revenue is $60.1 b.

  • What is Centene revenue per employee?

    Latest Centene revenue per employee is $1.3 m.

  • Who are Centene competitors?

    Competitors of Centene include Aetna, Anthem and CVS Health.

  • Where is Centene headquarters?

    Centene headquarters is located at 7700 Forsyth Blvd, St. Louis.

  • Where are Centene offices?

    Centene has an office in St. Louis.

  • How many offices does Centene have?

    Centene has 1 office.