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Centene is a managed care organization focused on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 24 million medical members as of September, mostly in Medicaid (about 60% of membership), the individual exchanges (about 20%), and Medicare Advantage (about 5%). The company also serves traditional Medicare users with its Medicare Part D pharmaceutical program and has a military contract.
1993
60.5K+
LTM Revenue $165B
LTM EBITDA $4.5B
$34.0B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Centene has a last 12-month revenue of $165B and a last 12-month EBITDA of $4.5B.
In the most recent fiscal year, Centene achieved revenue of $163B and an EBITDA of $6.2B.
Centene expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Centene valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $154B | $163B | XXX | XXX | XXX |
| Gross Profit | $16.7B | $17.3B | XXX | XXX | XXX |
| Gross Margin | 11% | 11% | XXX | XXX | XXX |
| EBITDA | $5.6B | $6.2B | XXX | XXX | XXX |
| EBITDA Margin | 4% | 4% | XXX | XXX | XXX |
| Net Profit | $1.2B | $2.7B | XXX | XXX | XXX |
| Net Margin | 1% | 2% | XXX | XXX | XXX |
| Net Debt | $5.9B | $636M | XXX | XXX | XXX |
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As of April 15, 2025, Centene's stock price is $63.
Centene has current market cap of $31.3B, and EV of $34.0B.
See Centene trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $34.0B | $31.3B | XXX | XXX | XXX | XXX | $7.20 |
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Sign UpAs of April 15, 2025, Centene has market cap of $31.3B and EV of $34.0B.
Centene's trades at 0.2x LTM EV/Revenue multiple, and 7.6x LTM EBITDA.
Analysts estimate Centene's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Centene and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $34.0B | XXX | XXX | XXX |
| EV/Revenue | 0.2x | XXX | XXX | XXX |
| EV/EBITDA | 5.5x | XXX | XXX | XXX |
| P/E | 9.5x | XXX | XXX | XXX |
| P/E/Growth | 1.3x | XXX | XXX | XXX |
| EV/FCF | -69.4x | XXX | XXX | XXX |
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Sign UpCentene's NTM/LTM revenue growth is 4%
Centene's revenue per employee for the last fiscal year averaged $2.7M, while opex per employee averaged $0.2M for the same period.
Over next 12 months, Centene's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Centene's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Centene and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 6% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 4% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 10% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 8% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $2.7M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.2M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 8% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| ADNIC | XXX | XXX | XXX | XXX | XXX | XXX |
| Aegon | XXX | XXX | XXX | XXX | XXX | XXX |
| ASR Nederland | XXX | XXX | XXX | XXX | XXX | XXX |
| NN Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Challenger | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Centene acquired XXX companies to date.
Last acquisition by Centene was XXXXXXXX, XXXXX XXXXX XXXXXX . Centene acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Centene founded? | Centene was founded in 1993. |
| Where is Centene headquartered? | Centene is headquartered in United States of America. |
| How many employees does Centene have? | As of today, Centene has 60.5K+ employees. |
| Who is the CEO of Centene? | Centene's CEO is Ms. Sarah M. London. |
| Is Centene publicy listed? | Yes, Centene is a public company listed on NYS. |
| What is the stock symbol of Centene? | Centene trades under CNC ticker. |
| When did Centene go public? | Centene went public in 2001. |
| Who are competitors of Centene? | Similar companies to Centene include e.g. ADNIC, Aegon, ASR Nederland, NN Group. |
| What is the current market cap of Centene? | Centene's current market cap is $31.3B |
| What is the current revenue of Centene? | Centene's last 12-month revenue is $165B. |
| What is the current EBITDA of Centene? | Centene's last 12-month EBITDA is $4.5B. |
| What is the current EV/Revenue multiple of Centene? | Current revenue multiple of Centene is 0.2x. |
| What is the current EV/EBITDA multiple of Centene? | Current EBITDA multiple of Centene is 7.6x. |
| What is the current revenue growth of Centene? | Centene revenue growth between 2023 and 2024 was 6%. |
| Is Centene profitable? | Yes, Centene is EBITDA-positive (as of the last 12 months). |
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