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Revenue breakdown by Products & Services

Centene Corporation's Revenue by Segment

In fiscal year 2024, Centene Corporation's revenue by segment (products & services) are as follows:

  • Commercial Segment: $33.70 B
  • Medicaid Segment: $124.45 B
  • Other Operating Segment: $4.92 B

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The above chart shows Centene Corporation's revenue percentage share by segment (products and services).

In fiscal year 2022, Centene Corporation's revenue by segment is as follows:

  • Health Care, Premium generated $127.13 B in revenue, representing 93.84% of its total revenue.
  • Service generated $8.35 B in revenue, representing 6.16% of its total revenue.

The biggest segment for Centene Corporation is the Health Care, Premium, which represents 93.84% of its total revenue.
The smallest segment for Centene Corporation is the Service, which represents 6.16% of its total revenue.

The above chart shows Centene Corporation's revenue percentage share by segment (products and services).

In fiscal year 2023, Centene Corporation's revenue by segment is as follows:

  • Health Care, Premium generated $135.64 B in revenue, representing 96.82% of its total revenue.
  • Service generated $4.46 B in revenue, representing 3.18% of its total revenue.

The biggest segment for Centene Corporation is the Health Care, Premium, which represents 96.82% of its total revenue.
The smallest segment for Centene Corporation is the Service, which represents 3.18% of its total revenue.

The above chart shows Centene Corporation's revenue percentage share by segment (products and services).

In fiscal year 2024, Centene Corporation's revenue by segment is as follows:

  • Commercial Segment generated $33.70 B in revenue, representing 20.67% of its total revenue.
  • Medicaid Segment generated $124.45 B in revenue, representing 76.32% of its total revenue.
  • Other Operating Segment generated $4.92 B in revenue, representing 3.02% of its total revenue.

The biggest segment for Centene Corporation is the Medicaid Segment, which represents 76.32% of its total revenue.
The smallest segment for Centene Corporation is the Other Operating Segment, which represents 3.02% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2022 2023 2024
Health Care, Premium 93.84% 96.82% -
Service 6.16% 3.18% -
Other Operating Segment - - 3.02%
Medicaid Segment - - 76.32%
Commercial Segment - - 20.67%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of Centene Corporation.

In fiscal year 2024, the Medicaid Segment generated the most revenue ($124.45 B), and the Other Operating Segment generated the least revenue ($4.92 B).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Commercial Segment revenue increased 100% ($33.70 B) from $0.00 (in 2023) to $33.70 B (in 2024).
  • Health Care, Premium revenue decreased -100% ($135.64 B) from $135.64 B (in 2023) to $0.00 (in 2024).
  • Medicaid Segment revenue increased 100% ($124.45 B) from $0.00 (in 2023) to $124.45 B (in 2024).
  • Other Operating Segment revenue increased 100% ($4.92 B) from $0.00 (in 2023) to $4.92 B (in 2024).
  • Service revenue decreased -100% ($4.46 B) from $4.46 B (in 2023) to $0.00 (in 2024).
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    Summary Table

    Products & Services 2022
    Value Change
    		2023
    Value Change
    		2024
    Value Change
    Commercial Segment - - - - $33.70 B -
    Health Care, Premium $127.13 B - $135.64 B
    6.69%
    		- -
    Medicaid Segment - - - - $124.45 B -
    Other Operating Segment - - - - $4.92 B -
    Service $8.35 B - $4.46 B
    46.59%
    		- -
    Total Revenue $135.48 B - $140.10 B
    3.41%
    		$163.07 B
    16.40%

    Frequently Asked Questions

    What was Centene Corporation's largest product segment last year?

    In fiscal year 2024, Medicaid Segment revenue reached $124.45 Billion, representing 76.32% of Centene Corporation's total revenue and making it the largest segment for the company.

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