• Centene average net profit margin for 2023 was 1.56%, a 32.2% increase from 2022.
• Centene average net profit margin for 2022 was 1.18%, a 6.31% increase from 2021.
• Centene average net profit margin for 2021 was 1.11%, a 30.19% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.