Cigna Financial Statements From 2010 to 2024

CI Stock  USD 352.34  0.31  0.09%   
Cigna Corp financial statements provide useful quarterly and yearly information to potential Cigna Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Cigna Corp financial statements helps investors assess Cigna Corp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Cigna Corp's valuation are summarized below:
Gross Profit
23 B
Profit Margin
0.0265
Market Capitalization
100 B
Enterprise Value Revenue
0.6268
Revenue
195.2 B
We have found one hundred twenty available fundamental signals for Cigna Corp, which can be analyzed and compared to other ratios and to its rivals. Traders should compare all of Cigna Corp prevailing fundamentals against the fundamentals between 2010 and 2024 to make sure the company is sustainable this year. The Cigna Corp's current Market Cap is estimated to increase to about 96.9 B. The Cigna Corp's current Enterprise Value is estimated to increase to about 120.7 B

Cigna Corp Total Revenue

204.95 Billion

Check Cigna Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cigna main balance sheet or income statement drivers, such as Interest Expense of 1.5 B, Other Operating Expenses of 195.5 B or Operating Income of 5.4 B, as well as many exotic indicators such as Price To Sales Ratio of 0.48, Dividend Yield of 0.0287 or PTB Ratio of 1.42. Cigna financial statements analysis is a perfect complement when working with Cigna Corp Valuation or Volatility modules.
  
This module can also supplement Cigna Corp's financial leverage analysis and stock options assessment as well as various Cigna Corp Technical models . Check out the analysis of Cigna Corp Correlation against competitors.
For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.

Cigna Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets89 B147.9 B95.9 B
Slightly volatile
Short and Long Term Debt Total33.1 B31.5 B18.6 B
Slightly volatile
Total Stockholder Equity48.5 B46.2 B27.1 B
Slightly volatile
Net Debt24.8 B23.7 B14.2 B
Slightly volatile
Retained Earnings43.7 B41.7 B20.7 B
Slightly volatile
Other Assets23.6 B37 B27.4 B
Slightly volatile
Common Stock Shares Outstanding365.5 M296.9 M320.7 M
Pretty Stable
Liabilities And Stockholders Equity89 B147.9 B95.9 B
Slightly volatile
Non Current Liabilities Total55.5 B52.9 B21.5 B
Slightly volatile
Total Liabilities74.9 B101.6 B71 B
Slightly volatile
Total Current Liabilities51.2 B48.7 B15.7 B
Slightly volatile
Property Plant And Equipment Net4.3 B4.1 B2.6 B
Slightly volatile
Non Current Assets Total116.1 B110.6 B47.4 B
Slightly volatile
Cash And Short Term Investments14.4 B8.7 B7.1 B
Very volatile
Net Receivables24.9 B23.7 B13.4 B
Slightly volatile
Short Term Investments878.8 M925 M2.4 B
Slightly volatile
Other Current Assets27.7 B37.4 B28.1 B
Slightly volatile
Property Plant And Equipment Gross5.1 B4.8 B2.8 B
Slightly volatile
Total Current Assets48.7 B37.4 B43.4 B
Slightly volatile
Short Term DebtB2.9 B1.7 B
Slightly volatile
Intangible Assets32.4 B30.9 B16.5 B
Slightly volatile
Accounts Payable8.5 B8.6 B9.6 B
Slightly volatile
Cash8.2 B7.8 B4.5 B
Slightly volatile
Good Will46.5 B44.3 B23.8 B
Slightly volatile
Common Stock Total Equity3.4 M3.6 M45.5 M
Slightly volatile
Common Stock3.4 M3.6 M45.5 M
Slightly volatile
Other Liabilities29 B26.4 B35.2 B
Slightly volatile
Long Term Debt29.6 B28.2 B16.9 B
Slightly volatile
Property Plant EquipmentB4.8 B2.6 B
Slightly volatile
Long Term Investments878.8 M925 M15.2 B
Slightly volatile
Short and Long Term Debt2.5 B2.8 B3.6 B
Slightly volatile
Long Term Debt Total24.1 B32.3 B17.1 B
Slightly volatile
Capital Surpluse21.1 B34.8 B14.9 B
Slightly volatile
Cash And Equivalents5.6 B6.8 B4.5 B
Slightly volatile
Net Invested Capital79 B77.2 B47.7 B
Slightly volatile
Warrants55 M75.9 M45.1 M
Slightly volatile
Capital Lease Obligations119.2 M134.1 M146 M
Slightly volatile
Capital Stock3.2 M3.6 M3.9 M
Slightly volatile
Non Current Liabilities Other22 B19.7 B28.6 B
Slightly volatile

Cigna Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses195.5 B186.2 B85.5 B
Slightly volatile
Total Revenue204.9 B195.2 B91.2 B
Slightly volatile
Gross Profit166.8 B158.9 B75.7 B
Slightly volatile
Income Before Tax3.1 B5.5 B4.4 B
Slightly volatile
Depreciation And Amortization3.2 BB1.5 B
Slightly volatile
Cost Of Revenue25.7 B36.3 B28.1 B
Slightly volatile
Net Income Applicable To Common Shares8.1 B7.7 B3.8 B
Slightly volatile
Net Income From Continuing Ops4.6 B5.5 B3.7 B
Slightly volatile
Tax Provision133.9 M141 M1.2 B
Pretty Stable
Interest Income1.1 B1.4 B691.3 M
Slightly volatile
Reconciled Depreciation2.6 BB1.5 B
Slightly volatile

Cigna Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow10.8 B10.2 B4.7 B
Slightly volatile
Begin Period Cash Flow6.2 B5.9 BB
Slightly volatile
Total Cash From Operating Activities12.4 B11.8 B5.5 B
Slightly volatile
Net Income5.4 B5.2 B3.5 B
Slightly volatile
End Period Cash Flow8.2 B7.8 B4.5 B
Slightly volatile
Depreciation3.2 BB1.6 B
Slightly volatile
Issuance Of Capital Stock287.5 M185 M160 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.480.45090.6595
Pretty Stable
Dividend Yield0.02870.01650.0544
Very volatile
PTB Ratio1.421.90391.9825
Very volatile
Days Sales Outstanding42.0744.279872.3192
Slightly volatile
Book Value Per Share16515789.2319
Slightly volatile
Free Cash Flow Yield0.120.11640.1003
Pretty Stable
Invested Capital0.70.670.5794
Slightly volatile
Operating Cash Flow Per Share42.240.19517.9668
Slightly volatile
PB Ratio1.421.90391.9825
Very volatile
EV To Sales0.540.57210.805
Very volatile
Free Cash Flow Per Share36.5834.842715.3735
Slightly volatile
Inventory Turnover9.886.42829.4539
Slightly volatile
Days Of Inventory On Hand34.0956.781439.264
Slightly volatile
Payables Turnover2.534.24262.408
Slightly volatile
Sales General And Administrative To Revenue0.290.280.2506
Pretty Stable
Cash Per Share39.929.762620.0428
Slightly volatile
POCF Ratio8.437.449911.0571
Pretty Stable
Payout Ratio0.420.28080.8991
Very volatile
PFCF Ratio11.228.594319.0386
Pretty Stable
Days Payables Outstanding15486.0321173
Slightly volatile
Income Quality1.842.28761.5752
Very volatile
EV To Operating Cash Flow9.349.452613.3968
Very volatile
EV To Free Cash Flow12.5210.904722.3773
Pretty Stable
Intangibles To Total Assets0.530.50780.3
Slightly volatile
Current Ratio0.730.766744.5909
Slightly volatile
Receivables Turnover8.668.2436.5399
Pretty Stable
Graham Number262249150
Slightly volatile
Shareholders Equity Per Share16515789.2319
Slightly volatile
Debt To Equity0.70.670.5794
Slightly volatile
Revenue Per Share697664295
Slightly volatile
Interest Debt Per Share11611063.1243
Slightly volatile
Debt To Assets0.220.20940.1499
Slightly volatile
Short Term Coverage Ratios3.94.10177.803
Slightly volatile
Operating Cycle107101130
Slightly volatile
Price Book Value Ratio1.421.90391.9825
Very volatile
Days Of Payables Outstanding15486.0321173
Slightly volatile
Dividend Payout Ratio0.420.28080.8991
Very volatile
Price To Operating Cash Flows Ratio8.437.449911.0571
Pretty Stable
Price To Free Cash Flows Ratio11.228.594319.0386
Pretty Stable
Pretax Profit Margin0.02680.02820.0635
Slightly volatile
Effective Tax Rate0.02430.02560.2634
Slightly volatile
Company Equity Multiplier3.043.20034.695
Slightly volatile
Long Term Debt To Capitalization0.190.3780.3256
Slightly volatile
Total Debt To Capitalization0.210.40120.3406
Slightly volatile
Debt Equity Ratio0.70.670.5794
Slightly volatile
Quick Ratio0.630.665611.8311
Slightly volatile
Net Income Per E B T0.810.93670.7228
Slightly volatile
Cash Ratio0.150.16063.2975
Slightly volatile
Operating Cash Flow Sales Ratio0.07290.06050.0698
Slightly volatile
Days Of Inventory Outstanding34.0956.781439.264
Slightly volatile
Days Of Sales Outstanding42.0744.279872.3192
Slightly volatile
Cash Flow Coverage Ratios0.670.38140.4697
Slightly volatile
Price To Book Ratio1.421.90391.9825
Very volatile
Fixed Asset Turnover50.4248.016530.7185
Slightly volatile
Price Cash Flow Ratio8.437.449911.0571
Pretty Stable
Debt Ratio0.220.20940.1499
Slightly volatile
Cash Flow To Debt Ratio0.670.38140.4697
Slightly volatile
Price Sales Ratio0.480.45090.6595
Pretty Stable
Asset Turnover1.391.31950.7888
Slightly volatile
Net Profit Margin0.03740.02650.0466
Slightly volatile
Gross Profit Margin0.60.81410.5692
Slightly volatile
Price Fair Value1.421.90391.9825
Very volatile

Cigna Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap96.9 B92.3 B67.6 B
Slightly volatile
Enterprise Value120.7 B115 B118.2 B
Slightly volatile

Cigna Fundamental Market Drivers

Forward Price Earnings12.3153
Cash And Short Term Investments8.7 B

Cigna Upcoming Events

2nd of February 2024
Upcoming Quarterly Report
View
3rd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
2nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Cigna Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Cigna Corp income statement, its balance sheet, and the statement of cash flows. Cigna Corp investors use historical funamental indicators, such as Cigna Corp's revenue or net income, to determine how well the company is positioned to perform in the future. Although Cigna Corp investors may use each financial statement separately, they are all related. The changes in Cigna Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cigna Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cigna Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cigna Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-22.1 B-23.2 B
Total Revenue195.2 B204.9 B
Cost Of Revenue36.3 B25.7 B
Stock Based Compensation To Revenue 0.05  0.05 
Sales General And Administrative To Revenue 0.28  0.29 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.01)(0.01)
Revenue Per Share 664.15  697.35 
Ebit Per Revenue 0.03  0.05 

Pair Trading with Cigna Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cigna Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cigna Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cigna Stock

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The ability to find closely correlated positions to Cigna Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cigna Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cigna Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cigna Corp to buy it.
The correlation of Cigna Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cigna Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cigna Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cigna Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cigna Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cigna Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cigna Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cigna Corp Stock:
Check out the analysis of Cigna Corp Correlation against competitors.
For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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Is Cigna Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cigna Corp. If investors know Cigna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cigna Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Dividend Share
4.92
Earnings Share
17.39
Revenue Per Share
664.145
Quarterly Revenue Growth
0.116
The market value of Cigna Corp is measured differently than its book value, which is the value of Cigna that is recorded on the company's balance sheet. Investors also form their own opinion of Cigna Corp's value that differs from its market value or its book value, called intrinsic value, which is Cigna Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cigna Corp's market value can be influenced by many factors that don't directly affect Cigna Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cigna Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cigna Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cigna Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.