Centene Corp (CNC) — Financial Flexibility Index

Latest as of March 2026: 0.06x

Centene Corp (CNC) has a Financial Flexibility Index of 0.06x as of March 2026. Free cash flow of $3.80 Billion (operating CF $3.60 Billion minus capex $200.00 Million) represents 0% of total liabilities ($59.65 Billion). Check CNC cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.06x
Free Cash Flow / Total Liabilities

Free Cash Flow

$3.80 Billion
Operating CF − Capex

Total Liabilities

$59.65 Billion
USD

Capital Expenditures

$200.00 Million
USD

Centene Corp Financial Flexibility Index (2000–2025)

Historical Financial Flexibility Index trend for Centene Corp across 26 annual periods. For the full cash flow conversion analysis, see CNC cash flow conversion.

Annual Financial Flexibility Index for Centene Corp (2000–2025)

Year-by-year free cash flow to debt coverage for Centene Corp. Explore Centene Corp (CNC) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.10x $5.86 Billion $5.09 Billion $57.60 Billion ▲ +612.4%
2024 0.01x $798.00 Million $154.00 Million $55.94 Billion ▼ -90.5%
2023 0.15x $8.85 Billion $8.05 Billion $58.69 Billion ▲ +9.3%
2022 0.14x $7.26 Billion $6.26 Billion $52.63 Billion ▲ +38.6%
2021 0.10x $5.12 Billion $4.21 Billion $51.35 Billion ▼ -33.2%
2020 0.15x $6.37 Billion $5.50 Billion $42.76 Billion ▲ +90.6%
2019 0.08x $2.21 Billion $1.48 Billion $28.30 Billion ▼ -18.6%
2018 0.10x $1.91 Billion $1.23 Billion $19.88 Billion ▼ -24.7%
2017 0.13x $1.91 Billion $1.49 Billion $14.98 Billion ▼ -16.3%
2016 0.15x $2.16 Billion $1.85 Billion $14.14 Billion ▼ -5.3%
2015 0.16x $808.00 Million $658.00 Million $5.01 Billion ▼ -52.0%
2014 0.34x $1.33 Billion $1.22 Billion $3.95 Billion ▲ +70.5%
2013 0.20x $450.36 Million $382.53 Million $2.29 Billion ▼ -2.4%
2012 0.20x $360.83 Million $278.69 Million $1.79 Billion ▼ -24.5%
2011 0.27x $335.40 Million $261.70 Million $1.25 Billion ▲ +6.7%
2010 0.25x $287.49 Million $168.93 Million $1.15 Billion ▼ -18.1%
2009 0.31x $331.31 Million $248.19 Million $1.08 Billion ▲ +1.2%
2008 0.30x $287.13 Million $221.98 Million $949.88 Million ▼ -16.9%
2007 0.36x $256.18 Million $202.24 Million $704.08 Million ▼ -15.7%
2006 0.43x $245.35 Million $195.03 Million $568.56 Million ▲ +35.1%
2005 0.32x $100.96 Million $74.05 Million $315.98 Million ▼ -34.1%
2004 0.48x $124.41 Million $99.41 Million $256.62 Million ▼ -8.0%
2003 0.53x $75.16 Million $56.00 Million $142.58 Million ▲ +29.8%
2002 0.41x $43.58 Million $39.66 Million $107.26 Million ▼ -19.2%
2001 0.50x $33.82 Million $30.19 Million $67.28 Million ▲ +166.9%
2000 0.19x $14.10 Million $13.46 Million $74.85 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities