Centene Corporation (CNC) — Free Cash Flow Yield
Healthcare
Centene Corporation operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States. It operates through four segments: Medicaid, Medicare, Commercial, and Other. The Medicaid segment offers the temporary assistance for needy families; medicaid expansion; aged, blind, or disabled; and children's health insurance programs, as well as long-term services and supports; foster care; and medicare-medicaid plans. This segment also provides healthcare products and services. The Medicare segment offers special needs and medicare supplement, and prescription drug plans. The Commercial segment provides health insurance marketplace product for individual and commercial group. The Other segment operates clinical healthcare and pharmacies, as well as offers vision and dental, behavioral health, and centralized services. It provides services through primary and specialty care physicians, hospitals, behavioral health practitioners, and ancillary providers. The company was founded in 1984 and is headquartered in Saint Louis, Missouri.
| Metric | Value |
|---|---|
| FCF Yield | 13.0% |
| Healthcare Sector Avg FCF Yield | 4.9% |
| Annual Free Cash Flow | $4.3B |
| Market Cap | $33.3B |
Centene Corporation's FCF yield of 13.0% is above the Healthcare sector average (4.9%).
Frequently Asked Questions
What is Centene Corporation's (CNC) free cash flow yield?
Centene Corporation's (CNC) free cash flow yield is 13.0%. That is above the Healthcare sector average (4.9%).
Is CNC's free cash flow yield good?
At 13.0%, CNC's free cash flow yield is considered excellent — yields above 10% are generally excellent, 7–10% good, 4–7% fair, and below 4% weak, though context varies by sector and growth stage.
How much free cash flow does Centene Corporation generate?
Centene Corporation generated $4.3B in free cash flow, against a market cap of $33.3B.
How is free cash flow yield calculated?
Free cash flow yield = (Free Cash Flow ÷ Market Capitalization) × 100%. Free cash flow equals operating cash flow minus capital expenditures.
Data from public filings. Not investment advice. Calculate your own FCF yield →