Centene
Financial ratios & Valuation

Forward Multiples (2025 – 2027)

202520262027
Price/Earnings ratio
4.503.892.94
Price/Sales ratio
0.110.100.10
Earnings per Share (EPS)
$6.51$7.52$9.97

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
22.2922.0716.0421.0124.9919.6718.9435.6539.2414.9231.3724.99
Price/Sales ratio
0.360.340.220.350.370.340.300.380.320.260.260.34
Price/Book Value ratio
3.463.631.522.542.062.071.321.791.961.561.562.07
Price/Cash Flow ratio
4.9311.914.8711.6818.2317.526.2211.427.535.006.0217.52
Price/Free Cash Flow ratio
5.3915.425.8316.3040.2434.527.3914.578.975.557.1734.52
Price/Earnings Growth ratio
0.410.800.880.57-6.660.51-30.22-1.31-4.120.10-3.39-6.66
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
11.49%12.06%13.65%11.99%14.00%11.84%13.69%11.27%11.52%20.48%11.52%11.84%
Operating Profit Margin
2.80%3.09%3.10%2.47%2.42%2.38%2.77%2.59%2.51%1.90%2.51%2.42%
Pretax Profit Margin
2.75%3.06%2.84%2.34%2.27%2.38%2.49%1.43%1.35%2.33%1.35%2.38%
Net Profit Margin
1.63%1.55%1.38%1.71%1.49%1.76%1.62%1.06%0.83%1.75%0.83%1.76%
Effective Tax Rate
42.88%48.63%51.77%28.74%34.64%26.54%35.30%26.31%38.73%24.98%38.73%34.64%
Return on Assets
4.64%4.83%2.78%3.78%2.91%3.22%2.63%1.71%1.56%3.19%1.56%3.22%
Return On Equity
15.53%16.45%9.53%12.08%8.24%10.52%7.01%5.02%4.99%10.45%4.67%10.52%
Return on Capital Employed
15.79%19.00%10.88%9.57%7.70%6.34%6.53%6.20%7.51%6.11%7.51%7.51%
Liquidity Ratios
Current Ratio
1.040.990.970.931.001.571.08N/AN/AN/A1.051.00
Quick Ratio
1.040.990.970.931.001.571.081.101.051.110.971.57
Cash ratio
0.550.480.450.430.440.930.500.500.420.460.420.93
Days of Sales Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A33.51N/A
Days of Inventory outstanding
0.27N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
0.27N/AN/AN/AN/AN/AN/AN/AN/AN/A8.26N/A
Days of Payables Outstanding
19.1221.5745.5640.4033.3022.2032.4527.0626.6748.4426.6722.20
Cash Conversion Cycle
-18.85-21.57-45.56-40.40-33.30-22.20-32.45-27.06-26.67-48.446.84-33.30
Debt Ratios
Debt Ratio
0.150.160.230.210.210.330.240.240.230.210.680.21
Debt Equity Ratio
0.510.560.780.680.611.090.650.700.740.682.180.61
Long-term Debt to Capitalization
0.330.360.440.400.370.520.390.400.420.400.460.37
Total Debt to Capitalization
0.330.360.440.400.370.520.390.410.420.400.460.37
Interest Coverage Ratio
13.2516.395.804.704.254.984.33N/AN/AN/A5.464.25
Cash Flow to Debt Ratio
1.360.530.390.310.180.100.320.220.340.450.290.18
Company Equity Multiplier
3.343.403.423.192.833.262.662.923.193.273.192.83
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.070.020.040.030.020.010.040.030.040.050.040.02
Free Cash Flow / Operating Cash Flow Ratio
0.910.770.830.710.450.500.840.780.830.900.830.45
Cash Flow Coverage Ratio
1.360.530.390.310.180.100.320.220.340.450.290.18
Short Term Coverage Ratio
244.6131.6462.75372.2532.4716.8556.7315.7476.3567.6723.8923.89
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A