CNC vs. DXCM: Centene vs. DexCom Stock Comparison
How do Centene (CNC) and DexCom (DXCM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Centene (CNC) and DexCom (DXCM) both fall under the Health Care Equipment & Services industry group, but CNC is classified in Health Care Providers & Services while DXCM is classified in Health Care Equipment & Supplies.
| Profile Item | CNC | DXCM |
|---|---|---|
| Name | Centene Corp. | DexCom Inc. |
| Country/Region | United States | United States |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Health Care Equipment & Services | Health Care Equipment & Services |
| GICS Industry | Health Care Providers & Services | Health Care Equipment & Supplies |
| GICS Sub-Industry | Managed Health Care | Health Care Equipment |
| Market Capitalization | 34.53 billion USD | 29.62 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | December 13, 2001 | April 14, 2005 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CNC | DXCM |
|---|---|---|
| Total Return (1Y) | 84.77% | 46.33% |
| Total Return (3Y, Annualized) | -0.97% | -4.50% |
| Total Return (5Y, Annualized) | -1.48% | -12.76% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CNC | DXCM |
|---|---|---|
| Volatility (1Y, Annualized) | 46.34% | 38.37% |
| Beta (5Y) | 1.07 | 1.43 |
| Max Drawdown (5Y) | -74.07% | -66.32% |
| Avg. Volume (3M) | 4.63M | 4.34M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CNC | DXCM |
|---|---|---|
| Sharpe Ratio (1Y) | 1.74 | 1.10 |
| Sortino Ratio (1Y) | 2.71 | 1.79 |
Profitability
ROE (TTM)
DexCom (DXCM) at 37.67% sits in the top ROE quartile, while Centene (CNC) at 6.74% is closer to the peer norm — stronger capital efficiency for DXCM.
CNC
Health Care Equipment & Services industry group
6.74%
- Max
- 47.61%
- Q3
- 14.36%
- CNC
- 6.74%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
DXCM
Health Care Equipment & Services industry group
37.67%
- Max
- 47.61%
- DXCM
- 37.67%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
Net Margin (TTM)
DexCom (DXCM) at 19.42% retains a top-quartile share of revenue as profit, ahead of Centene (CNC) at 0.81%, which keeps about the industry-typical share.
CNC
Health Care Equipment & Services industry group
0.81%
- Max
- 29.35%
- Q3
- 9.33%
- Median
- 2.18%
- CNC
- 0.81%
- Q1
- -6.29%
- Min
- -28.46%
DXCM
Health Care Equipment & Services industry group
19.42%
- Max
- 29.35%
- DXCM
- 19.42%
- Q3
- 9.33%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
DexCom (DXCM) at 24.34% operates in the top operating margin quartile, ahead of Centene (CNC) at 0.74%, which runs around its industry’s norm.
CNC
Health Care Equipment & Services industry group
0.74%
- Max
- 35.43%
- Q3
- 14.14%
- Median
- 6.81%
- CNC
- 0.74%
- Q1
- -0.28%
- Min
- -16.29%
DXCM
Health Care Equipment & Services industry group
24.34%
- Max
- 35.43%
- DXCM
- 24.34%
- Q3
- 14.14%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | CNC | DXCM |
|---|---|---|
| ROE (TTM) | 6.74% | 37.67% |
| ROA (TTM) | 2.68% | 11.14% |
| Net Margin (TTM) | 0.81% | 19.42% |
| Operating Margin (TTM) | 0.74% | 24.34% |
| Gross Margin (TTM) | 11.34% | 63.42% |
Growth
Revenue Growth
Both Centene (CNC) at 19.44% and DexCom (DXCM) at 15.60% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
DexCom (DXCM) at 47.18% sits in the top EPS growth quartile, while Centene (CNC) at -314.42% falls below its industry range — a large difference in per-share earnings trajectories.
Growth Metrics
| Metric | CNC | DXCM |
|---|---|---|
| Revenue Growth (YoY) | 19.44% | 15.60% |
| Revenue Growth (3Y CAGR) | 10.45% | 17.01% |
| EPS Growth (YoY) | -314.42% | 47.18% |
| EPS Growth (3Y CAGR) | -- | 36.60% |
Financial Strength
Current Ratio (MRQ)
DexCom (DXCM) at 1.74 keeps current ratio within its industry’s typical mid-range, while Centene (CNC) at 1.16 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for CNC.
CNC
Health Care Equipment & Services industry group
1.16
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- CNC
- 1.16
- Min
- 0.30
DXCM
Health Care Equipment & Services industry group
1.74
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- DXCM
- 1.74
- Q1
- 1.37
- Min
- 0.30
Debt / Equity (MRQ)
Both Centene (CNC) at 0.70 and DexCom (DXCM) at 0.55 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
CNC
Health Care Equipment & Services industry group
0.70
- Max
- 1.88
- Q3
- 0.91
- CNC
- 0.70
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
DXCM
Health Care Equipment & Services industry group
0.55
- Max
- 1.88
- Q3
- 0.91
- Median
- 0.58
- DXCM
- 0.55
- Q1
- 0.16
- Min
- 0.00
Financial Strength Metrics
| Metric | CNC | DXCM |
|---|---|---|
| Current Ratio (MRQ) | 1.16 | 1.74 |
| Debt / Equity (MRQ) | 0.70 | 0.55 |
| Net Debt / EBITDA | -1.71 | -0.28 |
Dividends
Dividend Yield (TTM)
Neither Centene (CNC) nor DexCom (DXCM) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CNC
Health Care Equipment & Services industry group
0.00%
- CNC
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
DXCM
Health Care Equipment & Services industry group
0.00%
- DXCM
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Centene (CNC) nor DexCom (DXCM) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CNC
Health Care Equipment & Services industry group
0.00%
- CNC
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
DXCM
Health Care Equipment & Services industry group
0.00%
- DXCM
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CNC | DXCM |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Both Centene (CNC) at 23.97 and DexCom (DXCM) at 31.26 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
CNC
Health Care Equipment & Services industry group
23.97
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- CNC
- 23.97
- Q1
- 21.19
- Min
- 4.21
DXCM
Health Care Equipment & Services industry group
31.26
- Max
- 80.41
- Q3
- 47.62
- DXCM
- 31.26
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
P/S Ratio (TTM)
Centene (CNC) at 0.19 looks cheap on sales in the lower P/S ratio quartile, while DexCom (DXCM) at 5.80 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
CNC
Health Care Equipment & Services industry group
0.19
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- CNC
- 0.19
- Min
- 0.03
DXCM
Health Care Equipment & Services industry group
5.80
- Max
- 8.80
- DXCM
- 5.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
Centene (CNC) at 1.55 looks cheap against book in the lower P/B ratio quartile, while DexCom (DXCM) at 11.68 carries a premium in the upper quartile — a clear price-to-book gap.
CNC
Health Care Equipment & Services industry group
1.55
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- CNC
- 1.55
- Min
- -1.31
DXCM
Health Care Equipment & Services industry group
11.68
- DXCM
- 11.68
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | CNC | DXCM |
|---|---|---|
| P/E Ratio (TTM) | 23.97 | 31.26 |
| P/S Ratio (TTM) | 0.19 | 5.80 |
| P/B Ratio (MRQ) | 1.55 | 11.68 |
| Free Cash Flow Yield (TTM) | 8.93% | 2.74% |