Centene Historical Income Statement

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USD 60.35 1.25 2.12%

Historical analysis of Centene Corp income statement accounts such as Selling General Administrative of 12.9 B, Total Revenue of 161.7 B or Gross Profit of 33.1 B can show how well Centene Corp performed in making a profits. Evaluating Centene Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Centene Corp's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Centene Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Centene Corp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centene Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Centene Stock refer to our How to Trade Centene Stock guide.

About Centene Income Statement Analysis

Centene Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Centene Corp shareholders. The income statement also shows Centene investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Centene Corp Income Statement Chart

At present, Centene Corp's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 161.7 B, whereas Discontinued Operations is forecasted to decline to about 1.8 M.

Interest Expense Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Net Income Applicable To Common Shares

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Centene Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Centene Corp minus its cost of goods sold. It is profit before Centene Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Centene Corp. It is also known as Centene Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.

Most accounts from Centene Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Centene Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centene Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Centene Stock refer to our How to Trade Centene Stock guide.At present, Centene Corp's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 161.7 B, whereas Discontinued Operations is forecasted to decline to about 1.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	14.2B	16.7B	31.5B	33.1B
Total Revenue	126.0B	144.5B	154.0B	161.7B

Gross Profit Total Revenue

Centene Corp income statement Correlations

	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Depreciation And Amortization	Cost Of Revenue	Minority Interest	Discontinued Operations	Net Income From Continuing Ops	Non Operating Income Net Other	Selling And Marketing Expenses	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Non Recurring
Interest Expense		0.91	0.98	0.9	0.98	0.98	0.98	0.95	0.86	0.94	0.5	0.92	0.91	0.98	0.98	0.17	0.04	0.89	0.89	-0.53	0.81	0.96	-0.97	0.92	0.73
Selling General Administrative	0.91		0.93	0.8	0.93	0.95	0.89	0.89	0.75	0.8	0.63	0.76	0.84	0.92	0.95	0.22	0.02	0.73	0.88	-0.4	0.74	0.89	-0.89	0.91	0.77
Total Revenue	0.98	0.93		0.94	1.0	0.97	0.95	0.9	0.91	0.94	0.64	0.93	0.9	0.97	1.0	0.26	-0.03	0.88	0.95	-0.61	0.79	0.93	-0.96	0.93	0.84
Gross Profit	0.9	0.8	0.94		0.94	0.84	0.87	0.73	1.0	0.97	0.72	0.97	0.87	0.85	0.91	0.28	-0.09	0.89	0.96	-0.82	0.81	0.8	-0.9	0.81	0.88
Other Operating Expenses	0.98	0.93	1.0	0.94		0.97	0.95	0.89	0.91	0.94	0.64	0.93	0.9	0.97	1.0	0.26	-0.03	0.88	0.95	-0.61	0.79	0.93	-0.96	0.93	0.84
Operating Income	0.98	0.95	0.97	0.84	0.97		0.97	0.97	0.79	0.88	0.5	0.85	0.9	0.98	0.98	0.23	-0.01	0.82	0.87	-0.43	0.76	0.96	-0.95	0.94	0.72
Ebit	0.98	0.89	0.95	0.87	0.95	0.97		0.96	0.83	0.94	0.43	0.91	0.96	0.95	0.95	0.1	-0.04	0.89	0.83	-0.5	0.84	0.95	-0.95	0.88	0.65
Ebitda	0.95	0.89	0.9	0.73	0.89	0.97	0.96		0.67	0.82	0.29	0.78	0.87	0.95	0.92	0.08	0.04	0.79	0.73	-0.27	0.73	0.95	-0.91	0.89	0.54
Total Operating Expenses	0.86	0.75	0.91	1.0	0.91	0.79	0.83	0.67		0.95	0.74	0.97	0.84	0.81	0.88	0.28	-0.1	0.87	0.95	-0.85	0.8	0.76	-0.87	0.77	0.88
Income Before Tax	0.94	0.8	0.94	0.97	0.94	0.88	0.94	0.82	0.95		0.58	0.99	0.94	0.88	0.92	0.14	-0.11	0.95	0.89	-0.72	0.84	0.86	-0.91	0.8	0.75
Total Other Income Expense Net	0.5	0.63	0.64	0.72	0.64	0.5	0.43	0.29	0.74	0.58		0.6	0.49	0.48	0.61	0.36	-0.1	0.49	0.8	-0.7	0.45	0.4	-0.48	0.48	0.88
Net Income	0.92	0.76	0.93	0.97	0.93	0.85	0.91	0.78	0.97	0.99	0.6		0.9	0.87	0.9	0.14	-0.09	0.96	0.9	-0.76	0.81	0.84	-0.9	0.78	0.77
Income Tax Expense	0.91	0.84	0.9	0.87	0.9	0.9	0.96	0.87	0.84	0.94	0.49	0.9		0.85	0.89	0.09	-0.14	0.85	0.8	-0.55	0.87	0.86	-0.86	0.77	0.63
Depreciation And Amortization	0.98	0.92	0.97	0.85	0.97	0.98	0.95	0.95	0.81	0.88	0.48	0.87	0.85		0.98	0.24	0.04	0.86	0.89	-0.46	0.75	0.96	-0.97	0.95	0.74
Cost Of Revenue	0.98	0.95	1.0	0.91	1.0	0.98	0.95	0.92	0.88	0.92	0.61	0.9	0.89	0.98		0.25	-0.02	0.87	0.94	-0.55	0.78	0.94	-0.96	0.94	0.82
Minority Interest	0.17	0.22	0.26	0.28	0.26	0.23	0.1	0.08	0.28	0.14	0.36	0.14	0.09	0.24	0.25		-0.19	0.05	0.38	-0.29	0.13	0.13	-0.26	0.37	0.53
Discontinued Operations	0.04	0.02	-0.03	-0.09	-0.03	-0.01	-0.04	0.04	-0.1	-0.11	-0.1	-0.09	-0.14	0.04	-0.02	-0.19		-0.05	-0.04	0.21	0.05	0.13	-0.02	0.06	-0.09
Net Income From Continuing Ops	0.89	0.73	0.88	0.89	0.88	0.82	0.89	0.79	0.87	0.95	0.49	0.96	0.85	0.86	0.87	0.05	-0.05		0.82	-0.65	0.74	0.82	-0.85	0.73	0.66
Non Operating Income Net Other	0.89	0.88	0.95	0.96	0.95	0.87	0.83	0.73	0.95	0.89	0.8	0.9	0.8	0.89	0.94	0.38	-0.04	0.82		-0.73	0.75	0.81	-0.9	0.88	0.96
Selling And Marketing Expenses	-0.53	-0.4	-0.61	-0.82	-0.61	-0.43	-0.5	-0.27	-0.85	-0.72	-0.7	-0.76	-0.55	-0.46	-0.55	-0.29	0.21	-0.65	-0.73		-0.46	-0.33	0.56	-0.4	-0.76
Tax Provision	0.81	0.74	0.79	0.81	0.79	0.76	0.84	0.73	0.8	0.84	0.45	0.81	0.87	0.75	0.78	0.13	0.05	0.74	0.75	-0.46		0.84	-0.81	0.78	0.62
Interest Income	0.96	0.89	0.93	0.8	0.93	0.96	0.95	0.95	0.76	0.86	0.4	0.84	0.86	0.96	0.94	0.13	0.13	0.82	0.81	-0.33	0.84		-0.93	0.93	0.64
Net Interest Income	-0.97	-0.89	-0.96	-0.9	-0.96	-0.95	-0.95	-0.91	-0.87	-0.91	-0.48	-0.9	-0.86	-0.97	-0.96	-0.26	-0.02	-0.85	-0.9	0.56	-0.81	-0.93		-0.96	-0.77
Reconciled Depreciation	0.92	0.91	0.93	0.81	0.93	0.94	0.88	0.89	0.77	0.8	0.48	0.78	0.77	0.95	0.94	0.37	0.06	0.73	0.88	-0.4	0.78	0.93	-0.96		0.78
Non Recurring	0.73	0.77	0.84	0.88	0.84	0.72	0.65	0.54	0.88	0.75	0.88	0.77	0.63	0.74	0.82	0.53	-0.09	0.66	0.96	-0.76	0.62	0.64	-0.77	0.78

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Centene Corp Account Relationship Matchups

Centene Corp income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	343M	412M	728M	665M	725M	761.3M
Selling General Administrative	6.5B	11.3B	10.2B	20.9B	12.3B	12.9B
Total Revenue	74.6B	111.1B	126.0B	144.5B	154.0B	161.7B
Gross Profit	8.8B	15.2B	14.2B	16.7B	31.5B	33.1B
Other Operating Expenses	72.6B	108.0B	122.7B	140.9B	151.1B	158.6B
Operating Income	1.8B	3.1B	3.3B	3.6B	2.9B	3.1B
Ebit	1.8B	3.5B	2.5B	2.6B	2.9B	3.1B
Ebitda	2.7B	4.8B	4.0B	4.1B	2.9B	3.1B
Total Operating Expenses	6.8B	12.1B	10.9B	13.0B	28.6B	30.0B
Income Before Tax	1.8B	2.8B	1.8B	2.0B	3.6B	3.8B
Total Other Income Expense Net	1M	(309M)	29M	644M	668M	701.4M
Net Income	1.3B	1.8B	1.3B	1.2B	2.7B	2.8B
Income Tax Expense	473M	979M	477M	760M	899M	944.0M
Depreciation And Amortization	914M	1.3B	1.5B	1.4B	1.3B	1.4B
Cost Of Revenue	65.8B	95.9B	111.8B	127.9B	122.5B	128.6B
Net Income Applicable To Common Shares	1.3B	1.8B	1.3B	1.2B	1.4B	1.5B
Minority Interest	(12M)	(14M)	11M	3M	3.5M	3.6M
Net Income From Continuing Ops	2.3B	1.8B	1.3B	1.2B	2.4B	2.6B
Non Operating Income Net Other	413M	480M	819M	1.3B	1.5B	1.5B
Tax Provision	473M	979M	477M	760M	1.2B	684.6M
Interest Income	343M	412M	728M	665M	764.8M	457.6M
Net Interest Income	(343M)	(412M)	(728M)	(665M)	(716M)	(751.8M)
Reconciled Depreciation	643M	1.3B	1.5B	1.6B	1.5B	1.1B

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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:

How To Invest In Centene

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Is Centene Stock a good investment?

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What is Centene Corp's Net Worth?

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For information on how to trade Centene Stock refer to our How to Trade Centene Stock guide.

You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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.

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Centene Historical Income Statement

About Centene Income Statement Analysis

Centene Corp Income Statement Chart

Interest Expense

Total Revenue

Gross Profit

Other Operating Expenses

Net Income Applicable To Common Shares

Centene Corp income statement Correlations

Centene Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Centene Corp income statement Accounts

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Total Operating Expenses	+ 1.0	Gross Profit
Cost Of Revenue	+ 1.0	Other Operating Expenses
Net Income	+ 0.99	Income Before Tax
Total Revenue	+ 0.98	Interest Expense

Net Interest Income	- 0.97	Depreciation And Amortization
Net Interest Income	- 0.97	Interest Expense
Reconciled Depreciation	- 0.96	Net Interest Income
Net Interest Income	- 0.96	Cost Of Revenue
Net Interest Income	- 0.96	Other Operating Expenses
Net Interest Income	- 0.96	Total Revenue