COMP <GO>
CNC vs LH // EV/EBITDA & P/E VALUATION
Centene Corporation (NYSE) VS. Labcorp Holdings Inc. (NYSE) • 15-METRIC TALLY: CNC 3
— LH 10
■ METRIC PARITY
LAST: $68.45 (-0.25%) • MKT CAP: $33.97B
valuation
—
LAST: $361.39 (-1.84%) • MKT CAP: $29.86B
valuation
19.6x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (CNC VS. LH)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | CNC | LH | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 8.10% | 28.80% | -20.70 | LH | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -31.00% | 8.30% | -39.30 | LH | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 19.6x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 12.72% | 4.04% | +8.68 | CNC | /fcf-yield <GO> |
| Operating Margin | -4.40% | 9.90% | -14.30 | LH | /operating-margins <GO> |
| Net Profit Margin | -3.80% | 6.30% | -10.10 | LH | /net-margins <GO> |
| Revenue Growth (YoY) | 20.00% | 7.20% | +12.80 | CNC | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.81% | -0.81 | LH | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 2.52 | 3.58 | -1.06 | LH | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 8/9 | -2.00 | LH | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 53.9 | 76.9 | -23.00 | LH | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.94 | 0.96 | -0.02 | LH | /macro-sensitivity <GO> |
| Forward P/E Multiple | 36.0x | 31.6x | +4.40 | LH | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $33.97B | $29.86B | $4.11B | CNC | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | CNC REV | LH REV | CNC GROSS % | LH GROSS % | CNC FCF | LH FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $174.58B | $13.95B | 8.1% | 28.8% | $4.32B | $1.21B |
| FY 2024 | $145.50B | $13.01B | 11.7% | 27.9% | -$490.0M | $1.10B |
| FY 2023 | $140.09B | $12.16B | — | — | $1.75B | $780.4M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
CNC // BETA 0.94
LH // BETA 0.96