Pretax income is the income that a company earns before paying income taxes. Centene's pretax income for the
three
months ended in Dec. 2023 was $24 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $3,598 Mil.
Centene's pretax margin was 0.06%.
During the past 13 years, Centene's highest Pretax Margin was 3.06%. The lowest was 1.36%. And the median was 2.37%.
Centene Pre-Tax Income Historical Data
The historical data trend for Centene's Pre-Tax Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Centene's Pre-Tax Income
For the Healthcare Plans subindustry, Centene's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Centene's Pre-Tax Income Distribution in the Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, Centene's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Centene's Pre-Tax Income falls into.
Centene Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
Centene's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as
Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,598 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Centene (NYSE:CNC) Pre-Tax Income Explanation
Centene's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, Centene's highest Pretax Margin was 3.06%. The lowest was 1.36%. And the median was 2.37%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Centene Pre-Tax Income Related Terms
Thank you for viewing the detailed overview of Centene's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Centene is a managed-care organization focused on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 24 million medical members as of June 2023, mostly in Medicaid (67% of membership), the individual exchanges (14%), and Medicare Advantage (6%) plans. The company also serves traditional Medicare users with its Medicare Part D pharmaceutical program.
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