CNC vs ELV
Centene (CNC) and Elevance Health (ELV) compared side by side. Elevance Health (ELV) is larger, with a market cap of $95.4B versus $34.7B for Centene, about 2.8 times the size. CNC returned +104.2% over the past year including dividends, versus +29.6% for ELV, through October 23, 2026..
Head to head
| Metric | CNC | ELV |
|---|---|---|
| Market cap | $34.7B | $95.4B |
| P/E (TTM) | — | 18.7x |
| Forward P/E | 13.1x | 14.6x |
| Revenue (TTM) | $180.3B | $201.8B |
| Revenue growth | 4.6% | 1.4% |
| Gross margin | 11.4% | 26.4% |
| Operating margin | 3.8% | 4.2% |
| Free cash flow | $9.0B | $6.3B |
| Dividend yield | None | 1.56% |
| 1-year return | +104.2% | +29.6% |
| 5-year return (annual) | +0.3% | +1.8% |
| Max drawdown | -74% | -67% |
| FI Handbook grade | C | B- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
$5.0K
$10.0K
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CNC vs ELV FAQ
Which is bigger, CNC or ELV?
Elevance Health (ELV) is larger, with a market cap of $95.4B versus $34.7B for Centene, about 2.8 times the size.
Which stock performed better over the past year, CNC or ELV?
CNC returned +104.2% over the past year including dividends, versus +29.6% for ELV, through October 23, 2026.
Which pays a higher dividend, CNC or ELV?
ELV yields 1.56%; CNC does not pay a dividend.
Full pages: Centene · Elevance Health