Flagship explainer

What drives CENTENE CORPORATION’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity−29%Tax burden99%net income ÷ pretax incomeInterest burden88%pretax ÷ operating incomeOperating margin−4%operating income ÷ revenueAsset turnover2.19×revenue ÷ average assetsEquity multiplier3.43×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$6.7BFY2025
Income before tax−$6.7BFY2025
Operating income−$7.6BFY2025
$174.6BFY2025
Ending assets$76.7BFY2025
Beginning assets$82.4BFY2024
$20.0BFY2025
$26.4BFY2024
Source: · event Dec 31, 2025 · retrieved Aug 3, 2026
Embed this chart

View the full CENTENE CORPORATION analysis at Buy Like Buffett