CNC vs. HCA
Compare and contrast key facts about Centene Corporation (CNC) and HCA Healthcare, Inc. (HCA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CNC or HCA.
Correlation
The correlation between CNC and HCA is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CNC vs. HCA - Performance Comparison
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Key characteristics
CNC:
-0.69
HCA:
0.60
CNC:
-0.83
HCA:
0.85
CNC:
0.89
HCA:
1.12
CNC:
-0.57
HCA:
0.54
CNC:
-1.22
HCA:
0.98
CNC:
19.65%
HCA:
15.64%
CNC:
34.23%
HCA:
28.49%
CNC:
-64.42%
HCA:
-54.74%
CNC:
-39.34%
HCA:
-11.03%
Fundamentals
CNC:
$29.34B
HCA:
$87.40B
CNC:
$6.78
HCA:
$22.53
CNC:
8.70
HCA:
16.12
CNC:
0.65
HCA:
1.20
CNC:
0.19
HCA:
1.22
CNC:
1.12
HCA:
293.44
CNC:
$169.28B
HCA:
$71.59B
CNC:
$26.19B
HCA:
$48.61B
CNC:
$6.16B
HCA:
$14.06B
Returns By Period
In the year-to-date period, CNC achieves a -2.66% return, which is significantly lower than HCA's 22.92% return. Over the past 10 years, CNC has underperformed HCA with an annualized return of 5.66%, while HCA has yielded a comparatively higher 17.36% annualized return.
CNC
-2.66%
-7.66%
0.63%
-23.56%
-2.19%
5.66%
HCA
22.92%
10.42%
5.47%
16.98%
31.18%
17.36%
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Risk-Adjusted Performance
CNC vs. HCA — Risk-Adjusted Performance Rank
CNC
HCA
CNC vs. HCA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Centene Corporation (CNC) and HCA Healthcare, Inc. (HCA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
CNC vs. HCA - Dividend Comparison
CNC has not paid dividends to shareholders, while HCA's dividend yield for the trailing twelve months is around 0.73%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
CNC Centene Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HCA HCA Healthcare, Inc. | 0.73% | 0.88% | 0.89% | 0.93% | 0.75% | 0.47% | 1.08% | 1.12% |
Drawdowns
CNC vs. HCA - Drawdown Comparison
The maximum CNC drawdown since its inception was -64.42%, which is greater than HCA's maximum drawdown of -54.74%. Use the drawdown chart below to compare losses from any high point for CNC and HCA. For additional features, visit the drawdowns tool.
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Volatility
CNC vs. HCA - Volatility Comparison
Centene Corporation (CNC) has a higher volatility of 13.56% compared to HCA Healthcare, Inc. (HCA) at 10.26%. This indicates that CNC's price experiences larger fluctuations and is considered to be riskier than HCA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
CNC vs. HCA - Financials Comparison
This section allows you to compare key financial metrics between Centene Corporation and HCA Healthcare, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CNC vs. HCA - Profitability Comparison
CNC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Centene Corporation reported a gross profit of 9.42B and revenue of 46.62B. Therefore, the gross margin over that period was 20.2%.
HCA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, HCA Healthcare, Inc. reported a gross profit of 15.56B and revenue of 18.32B. Therefore, the gross margin over that period was 84.9%.
CNC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Centene Corporation reported an operating income of 1.53B and revenue of 46.62B, resulting in an operating margin of 3.3%.
HCA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, HCA Healthcare, Inc. reported an operating income of 2.86B and revenue of 18.32B, resulting in an operating margin of 15.6%.
CNC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Centene Corporation reported a net income of 1.31B and revenue of 46.62B, resulting in a net margin of 2.8%.
HCA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, HCA Healthcare, Inc. reported a net income of 1.61B and revenue of 18.32B, resulting in a net margin of 8.8%.