v3.25.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Premium and service revenues $ 42,489 $ 36,337
Premium tax 4,131 4,070
Total revenues 46,620 40,407
Expenses:    
Medical costs 36,503 30,932
Cost of services 698 669
Selling, general and administrative expenses 3,353 3,218
Depreciation expense 142 135
Amortization of acquired intangible assets 173 173
Premium tax expense 4,217 4,161
Impairment 0 13
Total operating expenses 45,086 39,301
Earnings from operations 1,534 1,106
Other income (expense):    
Investment and other income 382 545
Interest expense (170) (178)
Earnings before income tax 1,746 1,473
Income tax expense 432 315
Net earnings 1,314 1,158
(Earnings) loss attributable to noncontrolling interests (3) 5
Net earnings attributable to Centene Corporation $ 1,311 $ 1,163
Net earnings per common share attributable to Centene Corporation:    
Basic earnings per common share (in dollars per share) $ 2.64 $ 2.17
Diluted earnings per common share (in dollars per share) $ 2.63 $ 2.16
Weighted average number of common shares outstanding:    
Basic (in shares) 496,214 535,109
Diluted (in shares) 498,180 538,060
Premium    
Revenues:    
Premium and service revenues $ 41,712 $ 35,529
Service    
Revenues:    
Premium and service revenues $ 777 $ 808