Global health services company Cigna had an up-and-down year. Despite bringing on an additional 8.4 million customers in its pharmacy division in 2021 and an 8.5% rise in sales, Cigna’s profits plummeted by 36% from 2020, to $5.37 billion. After years of litigation, an appeals court rejected Cigna’s attempt to claim a $1.85 billion breakup fee from Anthem in the wake of a merger agreement that fell apart a few years ago.
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Company Information
As of 2/1/2023
Country
U.S.
Headquarters
Bloomfield, Conn.
Industry
Health Care: Pharmacy and Other Services
CEO
David M. Cordani
Website
Company Type
Public
Ticker
CI
Revenues ($M)
$180,026
Profits ($M)
$6,615
Market Value ($M)
$94,278
Employees
72,963
Figures are for the latest twelve months ended Sept. 30, 2022. Market value as of Jan. 20, 2023. Sources: Bloomberg; S&P Global.
Key Financials (Last Fiscal Year)As of 8/3/2022
($ Millions)
% change
Revenues ($M)
$174,078
8.5%
Profits ($M)
$5,365
-36.6%
Assets ($M)
$154,889
-
Total Stockholder Equity ($M)
$47,112
-
Profit RatiosAs of 8/3/2022
Profit as % of Revenues
3.1%
Profits as % of Assets
3.5%
Profits as % of Stockholder Equity
11.4%
Cigna Rank History
Historical Data
| Year | Revenues ($M) | Profits ($M) | Assets ($M) | Total Stockholder Equity ($M) |
|---|---|---|---|---|
| 2021 | $160,4014.5% | $8,45865.7% | $155,451 | $50,321 |
| 2020 | $153,566215.7% | $5,10493.6% | $155,774 | $45,338 |
| 2019 | $48,65016.9% | $2,63717.9% | $153,226 | $41,028 |
| 2018 | $41,6164.9% | $2,23719.8% | $61,753 | $13,735 |
| 2017 | $39,6684.7% | $1,867-10.8% | $59,360 | $13,723 |
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Lists ranking Cigna
Latest news for Cigna
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