Centene Corp

NYSE CNC

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Centene Corp Cash Return on Equity (CROE) 2 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024

Centene Corp Cash Return on Equity (CROE) 2 year CAGR is NA for the Trailing 12 Months (TTM) ending March 31, 2024. The cash return on equity ratio measures the profitability of a company's shareholders' equity based on its operating cash flow. It is calculated by dividing operating cash flow by shareholders' equity. This ratio provides insight into how effectively the company generates cash flow in relation to the shareholders' investment. A higher ratio indicates better cash flow generation relative to the equity invested. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Centene Corp Cash Return on Equity (CROE) for the Trailing 12 Months (TTM) ending March 31, 2023 was 0.09, a 81.31% change year over year.
  • Centene Corp Cash Return on Equity (CROE) for the Trailing 12 Months (TTM) ending March 31, 2022 was 0.05, a -12.18% change year over year.
  • Centene Corp Cash Return on Equity (CROE) for the Trailing 12 Months (TTM) ending March 31, 2021 was 0.06, a 4,173.80% change year over year.
  • Centene Corp Cash Return on Equity (CROE) for the Trailing 12 Months (TTM) ending March 31, 2020 was 0.00, a -90.75% change year over year.
NYSE: CNC

Centene Corp

CEO Ms. Sarah M. London
IPO Date Dec. 13, 2001
Location United States
Headquarters Centene Plaza, Saint Louis, MO, United States, 63105
Employees 59,900
Sector Healthcare
Industry Healthcare plans
Description

Centene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, commercial organizations, and military families in the United States. The company operates through Medicaid, Medicare, Commercial, and Other segments. The Medicaid segment offers health plan coverage, including medicaid expansion, aged, blind, disabled, children's health insurance program, foster care, medicare-medicaid plans, long-term services and support. This segment also provides healthcare products. The Medicare segment offers special needs and medicare supplement, and prescription drug plans. The Commercial segment provides health insurance marketplace product for individual, small, and large group commercials. It also operates clinical healthcare and pharmacies, as well as offers dental services. In addition, the company engages in the government contracts business under the TRICARE program and other healthcare related government contracts. It provides services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in Saint Louis, Missouri.

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StockViz Staff

September 19, 2024

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