Centene Corporation (CNC)
Centene Corporation Return on Invested Capital: 8.98%
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CNC Return on Invested Capital Rankings
| Overall | 66th percentile | 1389 of 4158 |
| Sector | 68th percentile | 149 of 480 in Healthcare |
| Industry | 21st percentile | 11 of 14 in Health Care Plans |
CNC Return on Invested Capital Range, Past 5 Years
| Minimum | -0.26% | Jun 2007 |
| Maximum | 15.61% | Sep 2007 |
| Average | 9.69% |
About Return on Invested Capital (ROIC)
ROIC is an acronym for "Return on Invested Capital", and it is a concept that doesn't have a fixed definition. In YCharts, it is the net income that a company earned as a percentage of all of the capital given to a company by shareholders and debt holders. It is a ratio that tries to answer the question: "If I gave $1 to this company, how much money could the company earn by investing that $1?" A ROIC of 5% means that the company can return $0.05 per dollar invested.
ROIC is often considered a more reasonable estimate of managerial performance than Return on Equity (ROE) because it takes into account investments by debt holders, which should be invested to increase net income.
It is also more reasonable than Return on Assets (ROA) because it only assumes that capital which was "invested" into the company can be used to earn income.
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CNC News
May 25, 2:21AM Benzinga
about 22 days ago by CubanMark
about 29 days ago by HighGrowthFinancial
Apr 27, 8:00AM PR Newswire
about 34 days ago by TradeBot
about 34 days ago by earningscast
about 35 days ago by abubnic
about 38 days ago by abubnic
Apr 17, 2:18PM Street Insider
about 44 days ago by robertfreedland
about 45 days ago by TradeBot
Apr 11, 8:20AM Marketwire
about 48 days ago by TradeIdeasQuant
about 48 days ago by TradeBot
Apr 09, 5:34PM PR Newswire
Apr 09, 5:14PM Street Insider
about 50 days ago by purecharger
about 69 days ago by RecogniaEvents
about 70 days ago by TheEquitiesRoom
about 70 days ago by TheEquitiesRoom
about 71 days ago by TheEquitiesRoom
about 90 days ago by DarvasTrader
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CNC | 37.30 | +1.19 | +3.30% | 1.906B |
| CNBKA | 27.50 | +0.04 | +0.15% | 152.35M |
| CNBC | 10.11 | -0.05 | -0.49% | 165.10M |
| CNAM | 0.50 | -0.01 | -1.86% | 7.62M |
| CNAF | 25.25 | +0.25 | +1.00% | 72.22M |
| CNA | 28.56 | -0.15 | -0.52% | 7.693B |
| CMVT | 6.30 | +0.04 | +0.64% | 1.318B |
| CMU | 5.089 | +0.08 | +1.58% | |
| CMTL | 28.70 | +0.11 | +0.38% | 583.76M |
| CMT | 7.85 | +0.07 | +0.90% | 56.91M |