Centene Corp (CNC)
76.14
+0.30
(+0.40%)
USD |
NYSE |
Apr 24, 15:28
Centene Gross Profit Margin (Quarterly): 9.28% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 9.28% |
| September 30, 2023 | 11.96% |
| June 30, 2023 | 12.05% |
| March 31, 2023 | 11.76% |
| December 31, 2022 | 10.82% |
| September 30, 2022 | 11.07% |
| June 30, 2022 | 12.48% |
| March 31, 2022 | 11.71% |
| December 31, 2021 | 11.16% |
| September 30, 2021 | 11.28% |
| June 30, 2021 | 10.61% |
| March 31, 2021 | 12.06% |
| December 31, 2020 | 11.68% |
| September 30, 2020 | 13.43% |
| June 30, 2020 | 17.50% |
| March 31, 2020 | 12.12% |
| December 31, 2019 | 11.00% |
| September 30, 2019 | 11.22% |
| June 30, 2019 | 12.43% |
| March 31, 2019 | 12.79% |
| December 31, 2018 | 13.18% |
| September 30, 2018 | 13.71% |
| June 30, 2018 | 13.78% |
| March 31, 2018 | 15.66% |
| December 31, 2017 | 11.56% |
| Date | Value |
|---|---|
| September 30, 2017 | 11.83% |
| June 30, 2017 | 12.90% |
| March 31, 2017 | 11.69% |
| December 31, 2016 | 14.83% |
| September 30, 2016 | 13.41% |
| June 30, 2016 | 13.76% |
| March 31, 2016 | 11.87% |
| December 31, 2015 | 12.55% |
| September 30, 2015 | 12.04% |
| June 30, 2015 | 12.11% |
| March 31, 2015 | 11.44% |
| December 31, 2014 | 12.45% |
| September 30, 2014 | 10.89% |
| June 30, 2014 | 11.06% |
| March 31, 2014 | 11.47% |
| December 31, 2013 | 11.59% |
| September 30, 2013 | 11.91% |
| June 30, 2013 | 11.19% |
| March 31, 2013 | 9.62% |
| December 31, 2012 | 17.01% |
| September 30, 2012 | 6.27% |
| June 30, 2012 | 7.08% |
| March 31, 2012 | 11.53% |
| December 31, 2011 | 7.26% |
| September 30, 2011 | 17.55% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
9.28%
Minimum
Dec 2023
17.50%
Maximum
Jun 2020
11.87%
Average
11.71%
Median
Mar 2022
Gross Profit Margin (Quarterly) Benchmarks
| The Cigna Group | -- |
| Molina Healthcare Inc | 11.52% |
| UnitedHealth Group Inc | 23.05% |
| Elevance Health Inc | -- |
| CVS Health Corp | 14.79% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 10.67% |
| Return on Assets | 3.28% |
| Return on Invested Capital | 6.23% |
| Profit Margin (Quarterly) | 0.11% |
| Operating Margin (Quarterly) | -0.36% |
| Return on Net Operating Assets | 6.22% |