Centene Corp (CNC) — Tangible Net Worth Ratio
Centene Corp (CNC) has a Tangible Net Worth Ratio of 79.7% as of March 2026. This metric is calculated by deducting intangible assets ($4.36 Billion) from net assets ($21.53 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset growth rate of Centene Corp to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Centene Corp Tangible Net Worth Ratio (2001–2025)
This chart shows how Centene Corp's Tangible Net Worth Ratio has changed across 25 annual periods from 2001 to 2025. As of March 2026, the ratio stands at 79.7%, reflecting net assets of $21.53 Billion with intangible assets of $4.36 Billion USD. For live market cap and overall valuation, see CNC market cap overview.
Annual Tangible Net Worth Ratio for Centene Corp (2001–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Centene Corp from 2001 to 2025, covering 25 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore how much does Centene Corp reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 77.4% | $20.06 Billion | $4.53 Billion | $77.66 Billion | ▼ -2.2 pp |
| 2024 | 79.6% | $26.51 Billion | $5.41 Billion | $82.44 Billion | ▲ +3.1 pp |
| 2023 | 76.5% | $25.96 Billion | $6.10 Billion | $84.64 Billion | ▲ +5.0 pp |
| 2022 | 71.5% | $24.24 Billion | $6.91 Billion | $76.87 Billion | ▲ +0.4 pp |
| 2021 | 71.0% | $27.02 Billion | $7.82 Billion | $78.38 Billion | ▲ +3.4 pp |
| 2020 | 67.7% | $25.96 Billion | $8.39 Billion | $68.72 Billion | ▼ -16.1 pp |
| 2019 | 83.7% | $12.69 Billion | $2.06 Billion | $40.99 Billion | ▲ +4.1 pp |
| 2018 | 79.7% | $11.02 Billion | $2.24 Billion | $30.90 Billion | ▲ +0.0 pp |
| 2017 | 79.7% | $6.88 Billion | $1.40 Billion | $21.86 Billion | ▲ +5.2 pp |
| 2016 | 74.5% | $6.05 Billion | $1.54 Billion | $20.20 Billion | ▼ -18.9 pp |
| 2015 | 93.3% | $2.32 Billion | $155.00 Million | $7.34 Billion | ▼ -0.2 pp |
| 2014 | 93.5% | $1.89 Billion | $123.00 Million | $5.84 Billion | ▼ -2.6 pp |
| 2013 | 96.1% | $1.24 Billion | $48.78 Million | $3.53 Billion | ▼ -1.8 pp |
| 2012 | 97.9% | $953.77 Million | $20.27 Million | $2.74 Billion | ▲ +0.8 pp |
| 2011 | 97.1% | $936.42 Million | $27.43 Million | $2.19 Billion | ▲ +0.7 pp |
| 2010 | 96.3% | $797.05 Million | $29.11 Million | $1.94 Billion | ▼ 0.0 pp |
| 2009 | 96.4% | $619.43 Million | $22.48 Million | $1.70 Billion | ▼ -0.1 pp |
| 2008 | 96.5% | $501.27 Million | $17.57 Million | $1.45 Billion | ▼ -0.3 pp |
| 2007 | 96.8% | $415.05 Million | $13.21 Million | $1.12 Billion | ▲ +1.8 pp |
| 2006 | 95.0% | $326.42 Million | $16.20 Million | $894.98 Million | ▼ 0.0 pp |
| 2005 | 95.1% | $352.05 Million | $17.37 Million | $668.03 Million | ▲ +0.4 pp |
| 2004 | 94.7% | $271.31 Million | $14.44 Million | $527.93 Million | ▼ -2.5 pp |
| 2003 | 97.1% | $220.12 Million | $6.29 Million | $362.69 Million | ▲ +7.5 pp |
| 2002 | 89.6% | $103.06 Million | $10.70 Million | $210.33 Million | ▼ -6.6 pp |
| 2001 | 96.3% | $64.09 Million | $2.40 Million | $131.37 Million | — |