Centene Free Cash Flow from 2010 to 2024

CNC Stock  USD 60.35  1.25  2.12%   
Centene Corp's Free Cash Flow is increasing over the years with slightly volatile fluctuation. Overall, Free Cash Flow is expected to go to about 7.6 B this year. Free Cash Flow is the amount of cash Centene Corp generates after accounting for cash outflows to support operations and maintain its capital assets. View All Fundamentals
 
Free Cash Flow  
First Reported
2002-03-31
Previous Quarter
B
Current Value
-1.1 B
Quarterly Volatility
946 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Centene Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Centene Corp's main balance sheet or income statement drivers, such as Interest Expense of 761.2 M, Selling General Administrative of 12.9 B or Total Revenue of 161.7 B, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0048 or PTB Ratio of 1.62. Centene financial statements analysis is a perfect complement when working with Centene Corp Valuation or Volatility modules.
  
Check out the analysis of Centene Corp Correlation against competitors.
For information on how to trade Centene Stock refer to our How to Trade Centene Stock guide.

Latest Centene Corp's Free Cash Flow Growth Pattern

Below is the plot of the Free Cash Flow of Centene Corp over the last few years. It is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Centene Corp's Free Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Centene Corp's overall financial position and show how it may be relating to other accounts over time.
Free Cash Flow10 Years Trend
Slightly volatile
   Free Cash Flow   
       Timeline  

Centene Free Cash Flow Regression Statistics

Arithmetic Mean2,288,049,467
Geometric Mean914,324,958
Coefficient Of Variation115.73
Mean Deviation2,215,527,022
Median1,067,000,000
Standard Deviation2,647,974,190
Sample Variance7011767.3T
Range7.6B
R-Value0.86
Mean Square Error1941699.6T
R-Squared0.74
Significance0.000036
Slope510,331,289
Total Sum of Squares98164742.3T

Centene Free Cash Flow History

20247.6 B
20237.3 B
20225.3 B
20213.3 B
20204.6 B
2019753 M
2018559 M

Other Fundumenentals of Centene Corp

Centene Corp Free Cash Flow component correlations

About Centene Corp Financial Statements

Centene Corp stakeholders use historical fundamental indicators, such as Centene Corp's Free Cash Flow, to determine how well the company is positioned to perform in the future. Although Centene Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Centene Corp's assets and liabilities are reflected in the revenues and expenses on Centene Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Centene Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Free Cash Flow7.3 B7.6 B
Free Cash Flow Yield 0.18  0.19 
Free Cash Flow Per Share 13.35  14.02 
EV To Free Cash Flow 5.65  9.73 
Price To Free Cash Flows Ratio 5.56  10.05 
Free Cash Flow Operating Cash Flow Ratio 0.90  0.81 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Centene Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Centene Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Centene Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Centene Corp Stock:
Check out the analysis of Centene Corp Correlation against competitors.
For information on how to trade Centene Stock refer to our How to Trade Centene Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Centene Corp. If investors know Centene will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Centene Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.565
Earnings Share
5.79
Revenue Per Share
275.741
Quarterly Revenue Growth
0.061
Return On Assets
0.0351
The market value of Centene Corp is measured differently than its book value, which is the value of Centene that is recorded on the company's balance sheet. Investors also form their own opinion of Centene Corp's value that differs from its market value or its book value, called intrinsic value, which is Centene Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Centene Corp's market value can be influenced by many factors that don't directly affect Centene Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Centene Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centene Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centene Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.