Centene Corporation balance sheet

At the end of fiscal 2025, Centene Corporation had total assets of $76.75bn, total liabilities of $56.69bn and shareholders' equity of $19.95bn. It held $17.89bn in cash against $17.49bn of debt: net cash of $395m.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Centene Corporation: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Cash and equivalents	0.4	0.4	0.6	0.7	1.0	1.6	1.8	3.9	4.1	5.3	12.1	10.8	13.1	12.1	17.2	14.1	17.9	20.7
Total current assets	0.6	0.7	0.9	1.4	1.8	3.0	3.6	8.4	8.7	12.0	20.3	23.4	28.5	30.1	40.8	38.0	40.4	45.5
Goodwill	0.2	0.3	0.3	0.3	0.3	0.8	0.8	4.7	4.7	7.0	6.9	18.7	19.8	18.8	17.6	17.6	10.8	10.8
Total assets	1.7	1.9	2.2	2.8	3.5	5.8	7.3	20.2	21.9	30.9	41.0	68.7	78.4	76.9	84.6	82.4	76.7	79.3
Deferred revenue (current)	0.1	0.1	0.0	0.0	0.0	0.2	0.1	0.3	0.3	0.4	0.4	0.5	0.4	0.5	0.7	0.7	0.7	0.7
Total current liabilities	0.7	0.8	0.8	1.2	1.6	2.9	3.6	8.6	9.3	12.0	12.9	21.6	25.8	28.5	36.7	34.3	36.7	39.1
Short-term debt	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.1	0.3	0.1	0.1	0.1	0.1	0.1
Long-term debt	0.3	0.3	0.3	0.5	0.7	0.9	1.2	4.7	4.7	6.6	13.6	16.7	18.6	17.9	17.7	18.4	17.4	15.5
Total debt	0.3	0.3	0.4	0.5	0.7	0.9	1.2	4.8	4.8	6.9	13.9	16.9	19.0	18.2	18.0	18.6	17.5	15.5
Total liabilities	1.1	1.1	1.3	1.8	2.3	3.9	5.0	14.1	15.0	19.9	28.3	42.8	51.4	52.6	58.7	55.9	56.7	57.0
Shareholders' equity	0.6	0.8	0.9	1.0	1.2	1.7	2.2	5.9	6.9	10.9	12.6	25.8	26.8	24.1	25.8	26.4	20.0	22.2
Non-controlling interests and other (assets − liabilities − equity)	—	—	—	—	—	0.1	0.2	—	—	—	—	—	—	—	—	—	—	—
Net debt (negative = net cash)	−0.1	−0.1	−0.2	−0.2	−0.3	−0.7	−0.5	0.9	0.8	1.5	1.7	6.1	5.9	6.1	0.8	4.6	−0.4	−5.2
Shares outstanding	173m	198m	203m	209m	221m	237m	241m	344m	347m	412m	415m	581m	582m	551m	534m	496m	492m	495m

US$ billions unless shown otherwise. Fiscal quarters.

Centene Corporation: balance sheet, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Total current assets	38.0	41.3	40.4	44.1	40.4	45.0	46.7	45.5
Goodwill	17.6	17.6	17.6	10.8	10.8	10.8	10.8	10.8
Total assets	82.4	87.0	86.4	82.1	76.7	81.2	83.0	79.3
Deferred revenue (current)	0.7	0.9	0.7	0.7	0.7	1.0	0.7	0.7
Total current liabilities	34.3	37.1	36.8	40.6	36.7	40.0	40.8	39.1
Short-term debt	0.1	0.0	0.0	0.0	0.1	0.1	0.1	0.1
Long-term debt	18.4	18.3	17.6	17.5	17.4	16.3	16.0	15.5
Total debt	18.5	18.3	17.6	17.6	17.4	16.4	16.1	15.5
Total liabilities	55.9	59.0	58.9	61.0	56.7	59.6	60.4	57.0
Shareholders' equity	26.4	27.9	27.4	20.9	20.0	21.4	22.6	22.2
Shares outstanding	496m	498m	491m	491m	492m	494m	494m	495m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Centene Corporation's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Centene Corporation.