Centene (STU:QEN) Net Margin %: 3.09% (As of Mar. 2026) — 97% Above Median


STU:QEN Centene Corp STU:QEN
73 GF Score
Price €57.20
GF Value €72.73
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Centene Net Margin %?

Centene STU:QEN +0.39% 73 Net Margin % is 3.09% as of Mar. 2026, which is 97% above its 10-year median of 1.57. GuruFocus rates STU:QEN with a GF Score™ of 73/100 and a GF Value™ of €72.73 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 18 Healthcare Plans companies, Centene ranks worse than 94.44% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Centene's Net Income for the three months ended in Mar. 2026 was €1,333 Mil. Centene's Revenue for the three months ended in Mar. 2026 was €43,202 Mil. Therefore, Centene's net margin for the quarter that ended in Mar. 2026 was 3.09%.

The historical rank and industry rank for Centene's Net Margin % or its related term are showing as below:

STU:QEN' s Net Margin % Range Over the Past 10 Years
Min: -3.43   Med: 1.57   Max: 2.03
Current: -3.25


STU:QEN's Net Margin % is ranked worse than
94.44% of 18 companies
in the Healthcare Plans industry
Industry Median: 0.95 vs STU:QEN: -3.25

Centene  (STU:QEN) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Centene Net Margin % Related Terms


Centene Net Margin % Historical Data

* Premium members only.

The historical data trend for Centene's Net Margin % 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.

Centene Net Margin % Chart

Centene Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.83 1.75 2.03 -3.43

Centene Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % 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 2.81 -0.52 -13.34 -2.21 3.09

STU:QEN vs HUM, MOH, OSCR: Net Margin % Comparison

For the Healthcare Plans subindustry, Centene's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Centene's Net Margin % distribution charts can be found below:

* The bar in red indicates where Centene's Net Margin % falls into.


STU:QEN
73GF Score
Centene Corp STU:QEN
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Centene Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Centene's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-5699.596/166339.558
=-3.43 %

Centene's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1332.965/43201.56
=3.09 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 3.09% mean?
Centene (STU:QEN) has a Net Margin % of 3.09% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Centene and its competitors. This is 97% above median its historical median of 1.57. According to the industry distribution chart, Centene ranks #17 out of 18 companies in the Healthcare Plans industry, placing it in the top 94.4%.
Is Centene's Net Margin % too high?
Centene's current Net Margin % of 3.09% is 97% above median its 10-year median of 1.57. The Healthcare Plans industry median Net Margin % is 0.95. Centene's value of 3.09% is 225.3% above this industry median. Based on the distribution chart, Centene ranks #17 out of 18 companies in the Healthcare Plans industry, which is in the bottom quartile relative to peers. Overall, Centene has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Centene's Net Margin % compare to HUM and MOH?
According to the Healthcare Plans industry distribution chart, Centene ranks #17 out of 18 companies for Net Margin %. This places Centene in the lower half of its industry. The industry median Net Margin % is 0.95. Centene's value of 3.09% is 225.3% above this benchmark. While the company's 10-year median is 1.57 vs. the industry median of 0.95, Centene has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Healthcare Plans company?
The median Net Margin % among Healthcare Plans companies is 0.95, based on 18 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Centene's current Net Margin % of 3.09% is 225.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Centene and its competitors. For the Healthcare Plans industry, the median Net Margin % is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Centene's current Net Margin % is 3.09%, which is 97% above median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centene stock overvalued right now?
Based on GuruFocus' analysis, Centene (STU:QEN) is currently considered Modestly Undervalued. The stock's GF Value™ is €72.73, compared to a current price of €57.20 — trading 21.4% below its estimated fair value. The current Net Margin % is 3.09%, which is 97% above median its 10-year median of 1.57 and 225.3% above the Healthcare Plans industry median of 0.95. Centene's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Centene (STU:QEN), the current Net Margin % is 3.09% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Centene (STU:QEN) Overvalued in 2026?

Based on GuruFocus' analysis, Centene stock appears to be undervalued. The current stock price of €57.20 is trading 21.4% below its estimated GF Value™ of €72.73. GuruFocus considers Centene to be Modestly Undervalued.

Key valuation signals for STU:QEN:

  • Net Margin %: 3.09% (97% above median its 10-year median of 1.57)
  • GF Value™: €72.73 vs. price of €57.20 (21.4% below fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 225.3% above the Healthcare Plans median (#17 of 18)

No single metric tells the full story. See the STU:QEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 20 million medical members as of December 2025, mostly in Medicaid (about 64% of membership), the individual exchanges (about 28%), and Medicare (about 5%). The company also provides Medicare Part D pharmaceutical plans.
73GF Score

Get the complete analysis for STU:QEN

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€57.20
Price
€72.73
GF Value