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Centene vs Humana: CNC and HUM compared
Centene is the larger company: $50.6B of revenue in its latest quarter (Q3 2026) against $41.2B for Humana (Q3 2026). Humana is growing faster (+26% against +2% a year earlier). Humana is more profitable, with an operating margin of 0.2% against -0.6%.
Where the money goes: CNC and HUM
Centene (CNC) · Q3 2026
Centene, Q3 2026: revenue $50.6B (+2% year over year), operating margin -0.6%, net loss $65.0M, operating cash flow −$3.7B. The chart follows the revenue to costs, profit and cash.
Humana (HUM) · Q3 2026
Humana, Q3 2026: revenue $41.2B (+26% year over year), operating margin 0.2%, net earnings $161M, operating cash flow $2.2B. The chart follows the revenue to costs, profit and cash.
| Centene (CNC) | Humana (HUM) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $50.6B | $41.2B |
| Revenue growth, Y/Y | +2% | +26% |
| Operating margin | -0.6% | 0.2% |
| Net earnings | −$65.0M | $161M |
| Net margin | -0.1% | 0.4% |
| Operating cash flow | −$3.7B | $2.2B |
| Free cash flow | — | $2.0B |
| Market value | $36.7B | $52.8B |
| P/E | 24.6× | 39.8× |
| Analysts’ mean target | $75.39 | $465.12 |
Where the revenue comes from
Centene
- Medicaid: $29.6B (58%)
- Medicare: $11.3B (22%)
- Commercial: $8.7B (17%)
- Other: $1.1B (2%)
Questions
Which is bigger, Centene or Humana?
Centene is the larger company: $50.6B of revenue in its latest quarter (Q3 2026) against $41.2B for Humana (Q3 2026).
Is Centene or Humana growing faster?
Humana is growing faster (+26% against +2% a year earlier).
Which is more profitable, Centene or Humana?
Humana is more profitable, with an operating margin of 0.2% against -0.6%.
More: Centene earnings · how Centene makes money · Humana earnings · how Humana makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 27, 2026; 10-Q filed Nov 6, 2026). Fiscal quarters can end on different dates. Not investment advice.