Cigna Corp. And Anthem Inc. Offices As Insurers Face Off Against U.S. To Save $48 Billion Deal
Signage is displayed on the exterior of an Anthem Inc. Blue Cross Blue Shield office building in Wallingford, Connecticut, U.S., on Tuesday, Nov. 22, 2016. Anthem Inc.'s proposed $48 billion merger with Cigna Corp. could give the insurer the power to raise prices for employers both in the 14 states where it does business, as well as across the country, according to a witness in the U.S. government's lawsuit to block the deal. Photographer: Michael Nagle/bloombergMichael Nagle — Bloomberg via Getty Images
  • Previous Rank
    33
  • Revenues ($M)
    84863
  • Revenue Percent Change
    7.2
  • Profits ($M)
    2469.8
  • Profits Percent Change
    -3.5
  • Assets ($M)
    65083
  • Employees
    53000
  • Market Value — as of March 31, 2017 ($M)
    43813

In 2015 health insurance titan Anthem announced one of the year's biggest acquisitions with a proposed $48 billion deal to buy competitor Cigna, and it entered 2017 with the deal on the rocks. The pair spent much of the year in between clashing with and suing each other as the U.S moved to block the deal, which would have made the combined company the nation's largest insurer, ahead of UnitedHealth Group. Unlike UHG, Anthem has taken a can-do attitude to the nation's Obamacare exchanges, remaining in them as its rival departed from most. Under President Trump, that stability is at risk. Finally, the company spent much of the year in another battle a nasty contract dispute with former partner Express Scripts. They severed ties in April 2017.

Company Info

CEOJoseph R. Swedish
CEO TitleChairman, President & Chief Executive Officer
SectorHealth Care
IndustryHealth Care: Insurance and Managed Care
HQ LocationIndianapolis, IN
Websitewww.antheminc.com
Years on Fortune 500 List23
Employees53,000

Key Financials (Last Fiscal Year)

Revenues ($M)$84,863
Profits ($M)$2,469.8
Assets ($M)$65,083
Total Stockholder Equity ($M)$25,100
Market Value — as of March 31, 2017 ($M)$43,813

Profit Ratios

Profit as % of Revenues2.9%
Profits as % of Assets3.8%
Profits as % of Stockholder Equity9.8%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)9
EPS % Change (from 2015)-1.8%
EPS % Change (5 year annual rate)4.9%
EPS % Change (10 year annual rate)6.7%

Total Return

Total Return to Investors (2016)5.1%
Total Return to Investors (5 year, annualized)18.8%
Total Return to Investors (10 year, annualized)7.3%