Centene (BSP:C1NC34) COGS-to-Revenue : 0.89 (As of Mar. 2025)

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What is Centene COGS-to-Revenue?

Centene's Cost of Goods Sold for the three months ended in Mar. 2025 was R$238,489 Mil. Its Revenue for the three months ended in Mar. 2025 was R$268,443 Mil.

Centene's COGS to Revenue for the three months ended in Mar. 2025 was 0.89.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Centene's Gross Margin % for the three months ended in Mar. 2025 was 11.16%.

Centene COGS-to-Revenue Historical Data

The historical data trend for Centene's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Centene COGS-to-Revenue Chart

Centene Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

COGS-to-Revenue

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0.86

0.89

0.88

0.89

0.90

Centene Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
COGS-to-Revenue	Get a 7-Day Free Trial															0.89	0.89	0.90	0.91	0.89

Centene COGS-to-Revenue Calculation

Centene's COGS to Revenue for the fiscal year that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	892222.442	/	994896.171
	=	0.90

Centene's COGS to Revenue for the quarter that ended in Mar. 2025 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	238488.986	/	268442.622
	=	0.89

Centene (BSP:C1NC34) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Centene's Gross Margin % for the three months ended in Mar. 2025 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	238488.986 / 268442.622
	=	11.16 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Centene COGS-to-Revenue Related Terms

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Centene Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Centene Corp (BSP:C1NC34) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CNC:USA CNC:Mexico 1CNC:Italy 0HVB:UK QEN:Germany

Address

7700 Forsyth Boulevard, St. Louis, MO, USA, 63105

Website

https://www.centene.com

Centene is a managed care organization that focuses on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 22 million medical members as of December 2024, mostly in Medicaid (about 60% of membership), the individual exchanges (about 20%), and Medicare (about 5%). The company also has a military contract and provides Medicare Part D pharmaceutical plans.

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