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  • Previous Rank263
  • Country
    U.S.
  • Revenues ($M)$48,650.00
  • Revenue Percent Change16.9%
  • Profits ($M)$2,637.00
  • Profits Percent Change17.9%
  • Assets ($M)$153,226.00
  • Employees73,800

Cigna—one of the nation’s largest health insurers—has multiple reasons to celebrate after 2018. The Bloomfield, Conn.-based payer netted $48 billion in adjusted revenue in 2018, a 15% increase over the previous year. In the wake of a failed merger with competitor Anthem, Cigna was finally able to close a deal with the acquisition of pharmacy benefit manager Express Scripts, bringing along 164 million customers into its portfolio as a result. The insurer expects adjusted revenues to skyrocket to $131 billion-$133 billion in 2019, based on customer growth. But Wall Street will be watching how federal policies surrounding PBMs and drug prices may affect Cigna’s business.

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Company Information

CEO
David M. Cordani
Sector
Health Care
Industry
Health Care: Insurance and Managed Care
HQ Location
Bloomfield, Conn.
Websitehttps://www.cigna.com
Years on Global 500 List24
Employees73,800
Acquired Express Scripts (2017 rank: 61), Dec. 20, 2018.

Cigna Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$48,650.0016.9%
Profits ($M)$2,637.0017.9%
Assets ($M)$153,226.00-
Total Stockholder Equity ($M)$41,028.00-

Profit Ratios

Profit as % of Revenues5.4%
Profits as % of Assets1.7%
Profits as % of Stockholder Equity6.4%