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6Apr 30, 2026·SEC
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Cigna Corporation (CI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Cigna Corporation (CI) stock price & volume — 10-year historical chart
Cigna Corporation (CI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Cigna Corporation (CI) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $7.79vs $7.60+2.5% | $68.5Bvs $66.3B+3.3% |
| Q1 2026 | Feb 5, 2026 | $8.08vs $7.88+2.5% | $72.5Bvs $70.3B+3.1% |
| Q4 2025 | Oct 30, 2025 | $7.83vs $7.64+2.5% | $69.7Bvs $67.6B+3.2% |
| Q3 2025 | Jul 31, 2025 | $7.20vs $7.16+0.6% | $67.2Bvs $62.9B+6.9% |
Cigna Corporation (CI) competitors in Vertically Integrated Payer-PBM Platforms — business model, growth, and fundamentals comparison
Cigna Corporation (CI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Cigna Corporation (CI) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 41.81B | 48.65B | 153.57B | 160.4B | 174.07B | 180.52B | 195.26B | 247.12B | 274.95B | 277.94B |
| Revenue Growth % | 4.94% | 16.37% | 215.65% | 4.45% | 8.52% | 3.7% | 8.17% | 26.56% | 11.26% | 8.84% |
| Medical Costs & Claims | 27.72B | 32.32B | 128.49B | 136.19B | 151.12B | 157.02B | 170.09B | 221.16B | 248.97B | 252.09B |
| Medical Cost Ratio % | 66.3% | 66.44% | 83.67% | 84.91% | 86.81% | 86.98% | 87.11% | 89.49% | 90.55% | 90.7% |
| Gross Profit | 14.09B▲ 0% | 16.33B▲ 15.9% | 25.08B▲ 53.6% | 24.21B▼ 3.5% | 22.95B▼ 5.2% | 23.5B▲ 2.4% | 25.18B▲ 7.1% | 25.96B▲ 3.1% | 25.99B▲ 0.1% | 25.85B▲ 0% |
| Gross Margin % | 33.7% | 33.56% | 16.33% | 15.09% | 13.19% | 13.02% | 12.89% | 10.51% | 9.45% | 9.3% |
| Gross Profit Growth % | 8.12% | 15.92% | 53.59% | -3.48% | -5.19% | 2.39% | 7.14% | 3.13% | 0.08% | - |
| Operating Expenses | 10.14B | 12.17B | 17B | 16.05B | 15.01B | 15.05B | 16.64B | 16.55B | 16.86B | 16.33B |
| OpEx / Revenue % | 24.27% | 25.01% | 11.07% | 10.01% | 8.62% | 8.34% | 8.52% | 6.7% | 6.13% | 5.88% |
| Depreciation & Amortization | 250M | 356M | 2.77B | 1.8B | 1.8B | 1.86B | 1.81B | 1.75B | 2.63B | 2.61B |
| Combined Ratio % | 90.57% | 91.45% | 94.74% | 94.92% | 95.44% | 95.32% | 95.63% | 96.19% | 96.68% | 96.58% |
| Operating Income | 3.94B▲ 0% | 4.16B▲ 5.5% | 8.08B▲ 94.2% | 8.15B▲ 0.9% | 7.94B▼ 2.6% | 8.45B▲ 6.4% | 8.54B▲ 1.0% | 9.42B▲ 10.3% | 9.13B▼ 3.1% | 9.52B▲ 0% |
| Operating Margin % | 9.43% | 8.55% | 5.26% | 5.08% | 4.56% | 4.68% | 4.37% | 3.81% | 3.32% | 3.42% |
| Operating Income Growth % | 27.66% | 5.53% | 94.16% | 0.94% | -2.6% | 6.41% | 1.02% | 10.32% | -3.06% | - |
| EBITDA | 4.19B | 4.52B | 10.84B | 9.96B | 9.74B | 10.31B | 10.35B | 11.17B | 11.76B | 12.13B |
| EBITDA Margin % | 10.03% | 9.28% | 7.06% | 6.21% | 5.6% | 5.71% | 5.3% | 4.52% | 4.28% | 4.36% |
| Interest Expense | 252M | 498M | 1.68B | 1.44B | 1.21B | 1.23B | 1.45B | 1.44B | 1.38B | 1.38B |
| Non-Operating Income | -184M | -704M | -738M | -412M | -221M | -129M | -498M | -275M | 155M | 194M |
| Pretax Income | 3.61B▲ 0% | 3.58B▼ 0.7% | 6.57B▲ 83.5% | 10.87B▲ 65.4% | 6.79B▼ 37.5% | 8.4B▲ 23.7% | 5.51B▼ 34.3% | 5.27B▼ 4.4% | 7.59B▲ 44.1% | 8.21B▲ 0% |
| Pretax Margin % | 8.63% | 7.36% | 4.28% | 6.78% | 3.9% | 4.65% | 2.82% | 2.13% | 2.76% | 2.96% |
| Income Tax | 1.37B | 935M | 1.45B | 2.38B | 1.37B | 1.61B | 141M | 1.49B | 1.34B | 1.51B |
| Effective Tax Rate % | 38.1% | 26.11% | 22.07% | 21.89% | 20.18% | 19.23% | 2.56% | 28.3% | 17.71% | 18.44% |
| Net Income | 2.24B▲ 0% | 2.64B▲ 17.9% | 5.1B▲ 93.6% | 8.46B▲ 65.7% | 5.37B▼ 36.5% | 6.7B▲ 24.8% | 5.16B▼ 23.0% | 3.43B▼ 33.5% | 5.96B▲ 73.5% | 6.29B▲ 0% |
| Net Margin % | 5.35% | 5.42% | 3.32% | 5.27% | 3.08% | 3.71% | 2.64% | 1.39% | 2.17% | 2.26% |
| Net Income Growth % | 19.82% | 17.88% | 93.55% | 65.71% | -36.51% | 24.84% | -22.97% | -33.5% | 73.47% | 24.91% |
| EPS (Diluted) | 9.17▲ 0% | 10.54▲ 14.9% | 13.44▲ 27.5% | 22.96▲ 70.8% | 15.75▼ 31.4% | 21.41▲ 35.9% | 17.39▼ 18.8% | 12.12▼ 30.3% | 22.17▲ 82.9% | 23.80▲ 0% |
| EPS Growth % | 27.54% | 14.94% | 27.51% | 70.83% | -31.4% | 35.94% | -18.78% | -30.3% | 82.92% | 30.56% |
| EPS (Basic) | 9.17 | 10.69 | 13.58 | 23.17 | 15.89 | 21.66 | 17.57 | 12.25 | 22.30 | - |
| Diluted Shares Outstanding | 243.97M | 246.65M | 379.82M | 368.39M | 340.97M | 313.06M | 296.88M | 283.22M | 265.95M | 264.22M |
Cigna Corporation (CI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 61.76B | 153.23B | 155.77B | 155.45B | 154.89B | 143.88B | 152.76B | 155.88B | 157.92B | 153.27B |
| Asset Growth % | 4.04% | 148.1% | 1.66% | -0.21% | -0.36% | -7.1% | 6.17% | 2.04% | 1.31% | 0.77% |
| Total Investment Assets | 28.62B | 28.97B | 22.43B | 24.53B | 19.32B | 17.14B | 18.91B | 15.79B | 18.47B | 4M |
| Long-Term Investments | 26.48B | 26.93B | 21.49B | 23.2B | 18.4B | 16.24B | 17.98B | 15.13B | 18.47B | 71.52B |
| Short-Term Investments | 2.14B | 2.04B | 937M | 1.33B | 920M | 905M | 925M | 665M | 0 | 812M |
| Total Current Assets | 9.31B | 20.43B | 29.84B | 27.8B | 36.13B | 30.12B | 37.35B | 48.87B | 47.81B | 43.03B |
| Cash & Equivalents | 2.97B | 3.85B | 4.62B | 10.18B | 5.08B | 5.92B | 7.82B | 7.55B | 7.68B | 7.04B |
| Receivables | 2.9B | 10.2B | 10.38B | 12B | 14.62B | 16.97B | 17.45B | 24.07B | 28.77B | 118.23B |
| Other Current Assets | 1.07B | 1.51B | 11.25B | 1.12B | 11.8B | 1.55B | 5.51B | 9.9B | 4.03B | 2.74B |
| Goodwill & Intangibles | 7.32B | 86.79B | 84.36B | 82.84B | 82.72B | 81.15B | 77.94B | 76.61B | 73.48B | 293.28B |
| Goodwill | 6.16B | 44.51B | 44.6B | 44.65B | 45.81B | 45.81B | 44.26B | 44.37B | 44.92B | 45.53B |
| Intangible Assets | 1.15B | 42.28B | 39.76B | 38.19B | 36.91B | 35.34B | 33.68B | 32.24B | 28.56B | 27.32B |
| PP&E (Net) | 756M | 1.28B | 1.75B | 1.74B | 1.66B | 1.3B | 877M | 828M | 3.65B | 3.7B |
| Other Assets | 17.89B | 17.8B | 18.32B | 19.87B | 15.97B | 15.07B | 18.61B | 14.44B | 14.5B | 14.78B |
| Total Liabilities | 47.97B | 112.15B | 110.39B | 105.06B | 107.7B | 98.98B | 106.41B | 114.64B | 116.05B | 110.82B |
| Total Debt | 5.44B | 42.48B | 38.04B | 33.56B | 34.27B | 31.55B | 30.93B | 31.97B | 31.46B | 30.9B |
| Net Debt | 2.47B | 38.62B | 33.42B | 23.38B | 29.18B | 25.63B | 23.11B | 24.42B | 23.79B | 23.86B |
| Long-Term Debt | 5.19B | 39.49B | 31.83B | 29.51B | 31.1B | 28.03B | 28.09B | 28.9B | 30.87B | 29.37B |
| Short-Term Debt | 231M | 2.84B | 5.49B | 3.36B | 2.52B | 2.96B | 2.73B | 2.99B | 592M | 1.53B |
| Total Current Liabilities | 11.01B | 31.89B | 40.14B | 36.02B | 43.57B | 41.23B | 48.72B | 57.98B | 56.34B | 52.61B |
| Accounts Payable | 489M | 15.07B | 15.54B | 18.82B | 21.96B | 24.84B | 28.37B | 37.76B | 10.66B | 9.88B |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 6.57B | 6.8B | 13.05B | 5.31B | 11.74B | 5.41B | 9.73B | 10.7B | 45.09B | 41.2B |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 27.77B |
| Other Liabilities | 31.79B | 40.74B | 37.9B | 39.01B | 32.57B | 29.46B | 22.37B | 20.75B | 21.69B | 22B |
| Total Equity | 13.78B▲ 0% | 41.07B▲ 198.0% | 45.38B▲ 10.5% | 50.39B▲ 11.0% | 47.18B▼ 6.4% | 44.95B▼ 4.7% | 46.35B▲ 3.1% | 41.24B▼ 11.0% | 41.87B▲ 1.5% | 42.44B▲ 0% |
| Equity Growth % | -0.01% | 197.97% | 10.49% | 11.03% | -6.35% | -4.73% | 3.11% | -11.02% | 1.53% | 3.24% |
| Shareholders Equity | 13.73B | 41.03B | 45.34B | 50.32B | 47.11B | 44.87B | 46.22B | 41.03B | 41.71B | 42.21B |
| Minority Interest | 49M | 44M | 41M | 65M | 72M | 79M | 128M | 210M | 161M | 232M |
| Retained Earnings | 15.82B | 15.09B | 20.16B | 28.57B | 32.59B | 37.87B | 41.65B | 43.52B | 47.87B | 49.11B |
| Common Stock | 74M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M |
| Accumulated OCI | -1.08B | -1.71B | -941M | -861M | -884M | -1.4B | -1.86B | -2.34B | -2.81B | -3.6B |
| Return on Equity (ROE) | 16.23% | 9.61% | 11.81% | 17.66% | 11.01% | 14.55% | 11.31% | 7.84% | 14.33% | 15.08% |
| Return on Assets (ROA) | 3.69% | 2.45% | 3.3% | 5.44% | 3.46% | 4.49% | 3.48% | 2.23% | 3.8% | 4.05% |
| Equity / Assets | 22.32% | 26.8% | 29.13% | 32.41% | 30.46% | 31.24% | 30.34% | 26.46% | 26.52% | 27.69% |
| Debt / Equity | 0.39x | 1.03x | 0.84x | 0.67x | 0.73x | 0.70x | 0.67x | 0.78x | 0.75x | 0.75x |
| Book Value per Share | 56.50 | 166.52 | 119.48 | 136.77 | 138.38 | 143.58 | 156.13 | 145.62 | 157.45 | 160.63 |
| Tangible BV per Share | 26.51 | -185.34 | -102.64 | -88.10 | -104.23 | -115.63 | -106.40 | -124.89 | -118.86 | -115.09 |
Cigna Corporation (CI) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 4.09B | 3.77B | 9.48B | 10.35B | 7.19B | 8.66B | 11.81B | 10.36B | 9.6B | 9.6B |
| Operating CF Growth % | 1.49% | -7.73% | 151.59% | 9.12% | -30.52% | 20.37% | 36.47% | -12.27% | -7.35% | 6495.62% |
| Operating CF / Revenue % | 9.77% | 7.75% | 6.18% | 6.45% | 4.13% | 4.8% | 6.05% | 4.19% | 3.49% | 3.45% |
| Net Income | 2.23B | 2.65B | 5.12B | 8.49B | 5.42B | 6.78B | 5.37B | 3.78B | 6.29B | 6.29B |
| Depreciation & Amortization | 566M | 695M | 3.65B | 2.8B | 2.92B | 2.94B | 3.04B | 2.77B | 2.77B | 2.75B |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 242M | -101M | -313M | -386M | -216M | -472M | -1.66B | -95M | 326M | 482M |
| Other Non-Cash Items | 281M | 81M | -175M | -4.15B | -57M | -1.18B | 1.58B | 2.71B | 11M | 81M |
| Working Capital Changes | 765M | 449M | 1.2B | 3.6B | -879M | 584M | 3.49B | 1.19B | 201M | -1.14B |
| Cash from Investing | -1.7B | -26.38B | -734M | 2.98B | -3.61B | 3.1B | -5.17B | -2.1B | -4.41B | -6.24B |
| Capital Expenditures | -471M | -528M | -1.05B | -1.09B | -1.15B | -1.29B | -1.57B | -1.41B | -1.21B | -1.15B |
| Acquisitions | -209M | -24.45B | -153M | 5.45B | -1.89B | 4.83B | -434M | 390M | -597M | 1.75B |
| Purchase of Investments | -6.69B | -6.83B | -6.04B | -6.69B | -6.11B | -4.32B | -5.54B | -2.69B | 0 | -3.23B |
| Sale/Maturity of Investments | 5.76B | 5.54B | 6.62B | 5.38B | 5.59B | 4.11B | 2.64B | 2.45B | 884M | 2.06B |
| Other Investing | -95M | -109M | -119M | -71M | -50M | -233M | -264M | -838M | -3.48B | -5.67B |
| Cash from Financing | -2.65B | 23.52B | -7.19B | -8.53B | -8.21B | -11.24B | -4.29B | -7.65B | -6.42B | -3.88B |
| Dividends Paid | 0 | 0 | -15M | -15M | -1.34B | -1.38B | -1.45B | -1.57B | -1.61B | -1.62B |
| Share Repurchases | -2.73B | -342M | -1.99B | -4.04B | -7.74B | -7.61B | -2.28B | -7.03B | -3.62B | -2.11B |
| Stock Issued | 131M | 68M | 224M | 376M | 326M | 389M | 187M | 305M | 203M | 191M |
| Debt Issuance (Net) | 1000K | 1000K | -1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | 0 |
| Other Financing | -468M | -423M | -237M | -328M | -112M | -79M | -469M | -411M | -726M | -705M |
| Net Change in Cash | -213M▲ 0% | 883M▲ 514.6% | 1.56B▲ 76.2% | 4.83B▲ 210.7% | -4.7B▼ 197.2% | 428M▲ 109.1% | 2.36B▲ 451.6% | 594M▼ 74.8% | 126M▼ 78.8% | -1.3B▲ 0% |
| Exchange Rate Effect | 55M | -24M | -8M | 41M | -65M | -86M | 16M | -20M | 1.35B | 11M |
| Cash at Beginning | 3.19B | 2.97B | 3.85B | 5.41B | 10.24B | 5.55B | 5.98B | 8.34B | 7.55B | 7.74B |
| Cash at End | 2.97B | 3.85B | 5.41B | 10.24B | 5.55B | 5.98B | 8.34B | 8.93B | 7.68B | 7.08B |
| Free Cash Flow | 3.62B▲ 0% | 3.24B▼ 10.3% | 8.44B▲ 160.2% | 9.26B▲ 9.7% | 6.04B▼ 34.8% | 7.36B▲ 21.9% | 10.24B▲ 39.1% | 8.96B▼ 12.5% | 8.39B▼ 6.3% | 7.66B▲ 0% |
| FCF Growth % | 1.4% | -10.32% | 160.18% | 9.73% | -34.78% | 21.93% | 39.11% | -12.53% | -6.34% | 27.45% |
| FCF Margin % | 8.65% | 6.66% | 5.49% | 5.77% | 3.47% | 4.08% | 5.24% | 3.62% | 3.05% | 2.76% |
| FCF per Share | 14.82 | 13.14 | 22.21 | 25.13 | 17.71 | 23.51 | 34.49 | 31.63 | 31.54 | 31.54 |
Cigna Corporation (CI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Combined Ratio | 90.57% | 91.45% | 94.74% | 94.92% | 95.44% | 95.32% | 95.63% | 96.19% | 96.68% | 96.58% |
| Medical Cost Ratio | 66.3% | 66.44% | 83.67% | 84.91% | 86.81% | 86.98% | 87.11% | 89.49% | 90.55% | 90.7% |
| Return on Equity (ROE) | 16.23% | 9.61% | 11.81% | 17.66% | 11.01% | 14.55% | 11.31% | 7.84% | 14.33% | 15.08% |
| Return on Assets (ROA) | 3.69% | 2.45% | 3.3% | 5.44% | 3.46% | 4.49% | 3.48% | 2.23% | 3.8% | 4.05% |
| Equity / Assets | 22.32% | 26.8% | 29.13% | 32.41% | 30.46% | 31.24% | 30.34% | 26.46% | 26.52% | 27.69% |
| Book Value / Share | 56.5 | 166.52 | 119.48 | 136.77 | 138.38 | 143.58 | 156.13 | 145.62 | 157.45 | 160.63 |
| Debt / Equity | 0.39x | 1.03x | 0.84x | 0.67x | 0.73x | 0.70x | 0.67x | 0.78x | 0.75x | 0.75x |
| Revenue Growth | 4.94% | 16.37% | 215.65% | 4.45% | 8.52% | 3.7% | 8.17% | 26.56% | 11.26% | 8.84% |
Cigna Corporation (CI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 30, 2026·SEC
Apr 27, 2026·SEC
Mar 3, 2026·SEC
Cigna Corporation (CI) stock FAQ — growth, dividends, profitability & financials explained
Cigna Corporation (CI) grew revenue by 11.3% over the past year. This is steady growth.
Yes, Cigna Corporation (CI) is profitable, generating $6.29B in net income for fiscal year 2025 (2.2% net margin).
Yes, Cigna Corporation (CI) pays a dividend with a yield of 2.20%. This makes it attractive for income-focused investors.
Cigna Corporation (CI) has a return on equity (ROE) of 14.3%. This is reasonable for most industries.
Cigna Corporation (CI) has a combined ratio of 96.7%. A ratio below 100% indicates underwriting profitability.
Cigna Corporation (CI) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates