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Centene (FRA:QEN) Gross-Profit-to-Asset % : 24.17% (As of Mar. 2025)


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What is Centene Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Centene's annualized Gross Profit for the quarter that ended in Mar. 2025 was €19,247 Mil. Centene's average Total Assets over the quarter that ended in Mar. 2025 was €79,625 Mil. Therefore, Centene's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2025 was 24.17%.


Centene Gross-Profit-to-Asset % Historical Data

The historical data trend for Centene's Gross-Profit-to-Asset % 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.

* Premium members only.

Centene Gross-Profit-to-Asset % Chart

Centene Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.79 19.97 22.16 21.14 20.56

Centene Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.25 21.48 19.21 18.58 24.17

Competitive Comparison of Centene's Gross-Profit-to-Asset %

For the Healthcare Plans subindustry, Centene's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Centene's Gross-Profit-to-Asset % Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Centene's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Centene's Gross-Profit-to-Asset % falls into.


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Centene Gross-Profit-to-Asset % Calculation

Centene's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=16071.695/( (77615.797+78734.975)/ 2 )
=16071.695/78175.386
=20.56 %

Centene's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2025 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=19247.4/( (78734.975+80515.7)/ 2 )
=19247.4/79625.3375
=24.17 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2025) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Centene Gross-Profit-to-Asset % Related Terms

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Centene Business Description

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