CENTENE CORP

CNC

Quality scores

Data as of Sep 5, 2026

4 / 9

Neutral

4/9 — middling fundamentals (neutral zone).

FailROA > 0 — ROA last year = -8.70 %
PassFCF > 0 — FCF last year = 4,321.00 mill.
PassFCF > net income (accrual quality) — FCF 4,321.00 vs. net income -6,674.00 (mill.)
FailRising ROA — ROA -8.70 % vs. prior year 4.01 %

FailLower long-term leverage — long-term debt/assets 0.23 vs. prior 0.22
FailRising current ratio (more liquidity) — Current ratio 1.10 vs. prior 1.11
PassNo dilution (shares do not grow) — Shares 491.76 mill. vs. prior 495.91 mill.

Z-Score (original)

2.77

Grey zone

Z''-Score (non-manufacturing)

3.63

Safe zone

Ratio	Value
X1 — Working capital / Total assets	0.05
X2 — Retained earnings / Total assets	0.11
X3 — EBIT / Total assets	-0.10
X4 — Market cap / Total liabilities	0.57
X4 — Book equity / Total liabilities	0.35
X5 — Sales / Total assets	2.54