Cigna Group CI
The Cigna Group®, together with its subsidiaries (either individually or collectively referred to as the "Company," "we," "us" or "our"), is a global health company.
The Cigna Group is a global health company committed to creating a better future for every individual and every community. Powered by our dedicated people and valued brands, we advance our mission to improve the health and vitality of those we serve by staying grounded in the needs of our customers and patients - delivering a personalized, transparent and affordable health care experience. We focus on leading the way to partner and innovate solutions for better health.
At The Cigna Group our global workforce of approximately 67,700 colleagues strives to fulfill our mission to improve the health and vitality of more than 185 million customer relationships in more than 30 markets and jurisdictions (as of December 31, 2025). We play an important role in the health care system, and the breadth and depth of our customer relationships - as well as our approximately 1.7 million relationships with health care providers, clinics and facilities - give us opportunities to drive positive change.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by segment
- Evernorth Health Services
- Cigna Healthcare
- Other
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Evernorth Health Services | $232.10B | $198.18B | $147.59B |
| Cigna Healthcare | $41.43B | $47.53B | $46.22B |
| Other | $325.0M | $440.0M | $291.0M |
As the company reported it, from the “Segment Information - Revenue from External Customers (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $274.90B | $247.12B | $195.26B | $180.52B | $174.07B | $160.40B | $153.57B | $48.65B | $41.81B | $39.84B |
| Cost of revenue | $214.99B | $182.51B | $133.80B | $124.83B | $117.55B | $103.48B | $97.67B | $4.79B | $2.46B | $2.47B |
| Gross profit | $59.91B | $64.61B | $61.46B | $55.68B | $56.52B | $56.92B | $55.90B | $43.86B | $39.35B | $37.37B |
| SG&A | $14.62B | $14.84B | $14.82B | $13.17B | $13.01B | $14.07B | $14.05B | $11.93B | $10.03B | $9.79B |
| Operating income | $9.20B | $9.42B | $8.54B | $8.45B | $7.94B | $8.15B | $8.08B | $4.16B | $3.94B | $3.09B |
| Pre-tax income | $7.78B | $5.27B | $5.51B | $8.40B | $6.79B | $10.87B | $6.57B | $3.58B | $3.61B | $2.98B |
| Income tax | $1.49B | $1.49B | $141.0M | $1.61B | $1.37B | $2.38B | $1.45B | $935.0M | $1.37B | $1.14B |
| Net income | $5.96B | $3.43B | $5.16B | $6.78B | $5.42B | $8.49B | $5.12B | $2.65B | $2.23B | $1.84B |
| EPS, basic | 22.33 | 12.25 | 17.57 | 21.66 | 15.89 | 23.17 | 13.58 | 10.69 | 8.92 | 7.31 |
| EPS, diluted | 22.18 | 12.12 | 17.39 | 21.41 | 15.75 | 22.96 | 13.44 | 10.54 | 8.77 | 7.19 |
| Shares, diluted (wtd. avg.) | 268.6M | 283.2M | 296.9M | 313.1M | 341.0M | 368.4M | 379.8M | 250.2M | 255.1M | 259.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $7.68B | $7.55B | $7.87B | $5.98B | $5.12B | $10.24B | $4.67B | $3.85B | $2.97B | $3.19B |
| Short-term investments | $1.06B | $665.0M | $925.0M | $905.0M | $920.0M | $1.33B | $937.0M | $2.04B | $2.14B | — |
| Receivables | $28.77B | $24.23B | $17.72B | $17.22B | $15.07B | $12.19B | $10.72B | $10.47B | $3.15B | — |
| Inventory | $7.34B | $6.69B | $5.64B | $4.78B | $3.72B | $3.17B | $2.66B | $2.82B | $228.0M | — |
| Total current assets | $47.81B | $48.87B | $37.35B | $30.12B | $36.13B | $27.80B | $29.84B | $20.43B | $9.31B | — |
| Property, plant and equipment | $3.65B | — | — | $3.77B | $3.69B | $4.21B | $4.42B | $4.56B | $1.56B | — |
| Goodwill | $44.92B | $44.37B | $44.26B | $45.81B | $45.81B | $44.65B | $44.60B | $44.51B | $6.16B | $5.98B |
| Other intangibles | $28.56B | $29.42B | $30.86B | $32.49B | $34.10B | $35.18B | $36.56B | $39.00B | $345.0M | — |
| Total assets | $157.92B | $155.88B | $152.76B | $143.88B | $154.89B | $155.45B | $155.77B | $153.23B | $61.76B | — |
| Accounts payable | $10.66B | $9.29B | $8.55B | $7.78B | $6.66B | $5.48B | $5.09B | $4.37B | $184.0M | — |
| Short-term debt | $592.0M | $3.04B | $2.77B | $2.99B | $2.54B | $3.37B | $5.51B | $2.96B | $131.0M | — |
| Total current liabilities | $56.34B | $57.98B | $48.72B | $41.23B | $43.57B | $36.02B | $40.14B | $31.89B | $11.01B | — |
| Total liabilities | $116.05B | $114.64B | $106.41B | $99.13B | $107.70B | $105.06B | $110.39B | $112.15B | $48.00B | — |
| Retained earnings | $47.87B | $43.52B | $41.65B | $37.94B | $32.59B | $28.57B | $20.16B | $15.09B | $15.80B | — |
| Total equity | $41.71B | $41.03B | $46.24B | $44.69B | $46.98B | $50.19B | $45.34B | $41.03B | $13.71B | $13.70B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $9.60B | $10.36B | $11.81B | $8.66B | $7.19B | $10.35B | $9.48B | $3.77B | $4.09B | $4.03B |
| Depreciation and amortisation | $2.77B | $2.77B | $3.04B | $2.94B | $2.92B | $2.80B | $3.65B | $695.0M | $566.0M | $610.0M |
| Capital expenditure | — | — | — | — | — | — | $1.05B | $528.0M | $471.0M | $461.0M |
| Investing cash flow | -$4.41B | -$2.10B | -$5.17B | $3.10B | -$3.61B | $2.98B | -$734.0M | -$26.38B | -$1.70B | -$2.57B |
| Financing cash flow | -$6.42B | -$7.65B | -$4.29B | -$11.24B | -$8.21B | -$8.53B | -$7.19B | $23.52B | -$2.65B | -$225.0M |
| Dividends paid | $401.0M | $392.0M | $362.0M | $368.0M | $357.0M | $345.0M | $15.0M | — | — | — |
| Buybacks | $3.62B | $7.03B | $2.28B | $7.61B | $7.74B | $4.04B | $1.99B | $342.0M | $2.73B | $139.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001739940-26-000006.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $39.84B | $41.81B | $48.65B | $153.57B | $160.40B | $174.07B | $180.52B | $195.26B | $247.12B | $274.90B |
| Gross profit | $37.37B | $39.35B | $43.86B | $55.90B | $56.92B | $56.52B | $55.68B | $61.46B | $64.61B | $59.91B |
| Net income | $1.84B | $2.23B | $2.65B | $5.12B | $8.49B | $5.42B | $6.78B | $5.16B | $3.43B | $5.96B |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced Item 2.02
- Officer or director change Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 6324
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| UNH | UNITEDHEALTH GROUP INC | $375.28B | 31.6x | 11.8% |
| ELV | Elevance Health, Inc. | $95.41B | 17.5x | 12.5% |
| HUM | HUMANA INC | $50.67B | 42.9x | 31.6% |
| CNC | CENTENE CORP | $34.66B | — | 20.0% |
| MOH | MOLINA HEALTHCARE, INC. | $10.92B | 23.4x | 11.7% |
| OSCR | Oscar Health, Inc. | $9.37B | — | 39.0% |
| CLOV | CLOVER HEALTH INVESTMENTS, CORP. /DE | $2.41B | — | 40.3% |
| ALHC | Alignment Healthcare, Inc. | $1.67B | — | 46.1% |