Centene Corporation CNC NYSE

Centene Corporation (CNC) generated $5.09B in operating cash flow for fiscal year 2025. After capital expenditures of $767M, free cash flow was $4.32B.

Free cash flow margin was 2.2% of revenue. Cash conversion ratio was -0.76x, suggesting some earnings are non-cash.

The company returned $475M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (50/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (56/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (10/100) — Cash conversion ratio was -0.76x suggests some earnings are non-cash items

Overall SharesGrow Score: 55/100 with 1/7 criteria passed.