SORT BY

FILTER BY

also on other fortune lists

company facts

f500 stats

Fortune 500

51

Centene

CNC

Centene has largely ignored the political rollercoaster rocking the Affordable Care Act in recent years and stuck to the health law’s individual insurance marketplaces, offering Obamacare coverage in 20 states in 2019. Last year, the strategy continued to pay off, with Centene counting an additional 1.8 million members (up 15% from 2017) in its managed care plans—including more than 500,000 new members in individual insurance marketplaces—as other firms exited the exchanges. Like many health insurers, Centene took a hit from the return of Obamacare fees on insurers. Still, annual revenues grew 24% to $60.1 billion. This year, the company is trying to deepen its footprint in government-associated plans with a proposed acquisition of rival WellCare.

Looking for leads, investment insights, or competitive intelligence?

CEO

Michael F. Neidorff

CEO Title

Chairman & Chief Executive Officer

Sector

Health Care

Industry

Health Care: Insurance and Managed Care

HQ Location

St. Louis, Mo.

Years on Fortune 500 List

10

Employees

47,300

Key Financials (Last Fiscal Year)
$ millions% change
Revenues ($M)$60,11623.8%
Profits ($M)$900.08.7%
Assets ($M)$30,901
Total Stockholder Equity ($M)$10,917
Profit Ratios
Profit as % of Revenues1.5%
Profits as % of Assets2.9%
Profits as % of Stockholder Equity8.2%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)2.26
EPS % Change (from 2017)-3.6%
EPS % Change (5 year annual rate)25.2%
EPS % Change (10 year annual rate)17.0%
Total Return
Total Return to Investors (2018)14.3%
Total Return to Investors (5 year, annualized)31.4%
Total Return to Investors (10 year, annualized)27.9%
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
  • Next Earnings Date:
  • High:
  • Low:
  • 52 Week High:
  • 52 Week Low:
  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
  • EPS:
  • Dividend Yield: n/a

News about Centene

Health Care Stocks Down After Federal Judge Rules Affordable Care Act Is Unconstitutional

The court decision is expected to be appealed and won't affect 2019 health care plans.

Read More →
Three Years After Michael Brown's Death Ferguson Has New Leadership, Contentious Debates And Hope

A current of activism and community building still runs strong in the St. Louis suburb.

Read More →
This Health Insurer Shows You Can Make Money With Obamacare After All

Centene boosted profits in 2Q and raised its outlook for the full year

Read More →