Centene Corporation is an American health care provider. Centene primarily acts as a provider of Medicaid and Medicar services and works in these areas with the governments of the relevant states and the United States government. The company serves over 8.6 million Medicaid members and over 400,000 Medicare beneficiaries in the United States.
Operating Margin for Centene (CNC)
Operating Margin as of April 2024 (TTM): 3.08%
According to Centene's latest financial reports and stock price the company's current Operating Margin is 3.08%. At the end of 2022 the company had an Operating Margin of 1.36%.
Operating Margin history for Centene from 2002 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 1.36% | -5.68% |
| 2021 | 1.44% | -42.34% |
| 2020 | 2.50% | 4.53% |
| 2019 | 2.39% | 4.92% |
| 2018 | 2.28% | -2.91% |
| 2017 | 2.34% | -17.74% |
| 2016 | 2.85% | -6.96% |
| 2015 | 3.06% | 10.97% |
| 2014 | 2.76% | 11.48% |
| 2013 | 2.48% | -1945.86% |
| 2012 | -0.13% | -104.1% |
| 2011 | 3.27% | -5.58% |
| 2010 | 3.47% | 3.49% |
| 2009 | 3.35% | -17.46% |
| 2008 | 4.06% | 86.27% |
| 2007 | 2.18% | -329.44% |
| 2006 | -0.95% | -116.66% |
| 2005 | 5.70% | -18.81% |
| 2004 | 7.02% | 4.16% |
| 2003 | 6.74% | -24.37% |
| 2002 | 8.91% | 32.16% |
| 2001 | 6.74% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Cigna CI | 5.18% | 68.18% | 🇺🇸 USA |
 UnitedHealth UNH | 8.02% | 160.39% | 🇺🇸 USA |
 Magellan Health
MGLN | 0.44% | -85.57% | 🇺🇸 USA |
 Molina Healthcare
MOH | 4.10% | 33.12% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.