Cigna (CI)
Market Price (9/14/2025): $302.7 | Market Cap: $82.0 BilSector: Health Care | Industry: Health Care Services
Cigna (CI)
Market Price (9/14/2025): $302.7Market Cap: $82.0 BilSector: Health CareIndustry: Health Care Services
Investment Highlights
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.5%, FCF Yield is 7.3% | Weak multi-year price returns2Y Excs Rtn is -36%, 3Y Excs Rtn is -55% | |
| Attractive cash flow generationCFO LTM is 7.4 Bil, FCF LTM is 6.0 Bil | ||
| Low stock price volatilityVol 12M is 30% |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.5%, FCF Yield is 7.3% |
| Attractive cash flow generationCFO LTM is 7.4 Bil, FCF LTM is 6.0 Bil |
| Low stock price volatilityVol 12M is 30% |
| Weak multi-year price returns2Y Excs Rtn is -36%, 3Y Excs Rtn is -55% |
Market Valuation
| 9/14/25 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Share Price CYE | $302.70 | $272.10 | $290.30 | $315.45 | $215.06 |
| Market Cap CYE ($ Bil) | 82.0 | 74.9 | 84.6 | 94.9 | 70.3 |
| Total Debt ($ Bil) | 30.4 | 32.0 | 30.9 | 31.1 | 33.7 |
| Total Cash ($ Bil) | 9.1 | 8.2 | 8.7 | 6.8 | 6.0 |
| Enterprise Value ($ Bil) | 103.4 | 106.9 | 115.5 | 126.0 | 104.0 |
| Valuation Ratios | |||||
| P/S TTM | 0.3 | 0.3 | 0.5 | 0.6 | 0.5 |
| P/EBIT TTM | 9.9 | 11.6 | 12.7 | 10.7 | 9.7 |
| P/E TTM | 16.3 | 22.5 | 17.0 | 15.3 | 14.4 |
| Sector Ratios | |||||
| P/S TTM (Sector) | 3.8 | 3.6 | 4.1 | 4.5 | 7.3 |
| P/EBIT TTM (Sector) | -1.6 | -1.3 | -1.4 | -1.3 | -2.9 |
| P/E TTM (Sector) | -1.9 | -1.6 | -1.5 | -1.4 | -2.9 |
| 9/14/25 | 2024 | 2023 | |
|---|---|---|---|
| Share Price CYE | $302.70 | $272.10 | $290.30 |
| Market Cap CYE ($ Bil) | 82.0 | 74.9 | 84.6 |
| Total Debt ($ Bil) | 30.4 | 32.0 | 30.9 |
| Total Cash ($ Bil) | 9.1 | 8.2 | 8.7 |
| Enterprise Value ($ Bil) | 103.4 | 106.9 | 115.5 |
| Valuation Ratios | |||
| P/S TTM | 0.3 | 0.3 | 0.5 |
| P/EBIT TTM | 9.9 | 11.6 | 12.7 |
| P/E TTM | 16.3 | 22.5 | 17.0 |
| Sector Ratios | |||
| P/S TTM (Sector) | 3.8 | 3.6 | 4.1 |
| P/EBIT TTM (Sector) | -1.6 | -1.3 | -1.4 |
| P/E TTM (Sector) | -1.9 | -1.6 | -1.5 |
Business Description
Cigna Corporation provides insurance and related products and services in the United States. Its Evernorth segment provides a range of coordinated and point solution health services, including pharmacy, benefits management, care delivery and management, and intelligence solutions to health plans, employers, government organizations, and health care providers. The company's Cigna Healthcare segment offers medical, pharmacy, behavioral health, dental, vision, health advocacy programs, and other products and services for insured and self-insured customers; Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, as well as individual health insurance plans to on and off the public exchanges; and health care coverage in its international markets, as well as health care benefits for mobile individuals and employees of multinational organizations.
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Price Returns Compared
Expand for Detailed View| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CI Return | 2% | 12% | 47% | -8% | -6% | 11% | 61% |
| Peers Return | 14% | 40% | 4% | -6% | -29% | -3% | 8% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 12% | 104% |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: ELV, HUM, CNC, MOH, CVS. See CI Returns vs. Peers.
[3] 2025 data is for the year up to 9/12/2025 (YTD)
Latest Trefis Analyses
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Cigna
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 228.66 |
| Mkt Cap | 51.9 |
| Rev LTM | 183,722 |
| Op Inc LTM | 1,971 |
| FCF LTM | 3,888 |
| FCF 3Y Avg | 4,620 |
| CFO LTM | 4,693 |
| CFO 3Y Avg | 5,601 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 11.6% |
| Rev Chg 3Y Avg | 10.1% |
| Rev Chg Q | 14.9% |
| QoQ Delta Rev Chg LTM | 3.5% |
| Op Mgn LTM | 2.9% |
| Op Mgn 3Y Avg | 3.8% |
| QoQ Delta Op Mgn LTM | -0.3% |
| CFO/Rev LTM | 2.3% |
| CFO/Rev 3Y Avg | 3.9% |
| FCF/Rev LTM | 1.8% |
| FCF/Rev 3Y Avg | 3.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 51.9 |
| P/S | 0.3 |
| P/EBIT | 8.8 |
| P/E | 14.7 |
| P/CFO | 11.0 |
| Total Yield | 9.5% |
| Dividend Yield | 1.6% |
| FCF Yield 3Y Avg | 8.1% |
| D/E | 0.4 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 5.2% |
| 3M Rtn | -11.3% |
| 6M Rtn | -13.7% |
| 12M Rtn | -28.9% |
| 3Y Rtn | -37.9% |
| 1M Excs Rtn | 7.5% |
| 3M Excs Rtn | -20.1% |
| 6M Excs Rtn | -32.5% |
| 12M Excs Rtn | -50.2% |
| 3Y Excs Rtn | -102.3% |
Segment Financials
Revenue by Segment
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Evernorth Health Services | 153,499 | 140,335 | 131,912 | 116,334 | 109,794 |
| Cigna Healthcare | 51,148 | 44,911 | 44,643 | 41,265 | |
| Other Operations | 596 | 2,263 | 3,989 | 8,446 | |
| Corporate and Eliminations | -9,978 | -6,991 | -6,475 | -5,644 | -3,588 |
| Net realized investment (losses) gains | 198 | ||||
| Group Disability and Other | 5,182 | ||||
| International Markets | 5,659 | ||||
| U.S. Medical | 36,519 | ||||
| Total | 195,265 | 180,518 | 174,267 | 160,401 | 153,566 |
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/31/2025 | -10.2% | -9.4% | 0.9% |
| 5/2/2025 | -0.1% | -0.6% | -6.0% |
| 1/30/2025 | -6.7% | -3.3% | 1.8% |
| 10/31/2024 | 0.6% | 0.7% | 8.0% |
| 8/1/2024 | -4.6% | -5.6% | 3.6% |
| 5/2/2024 | -3.6% | -2.8% | -3.5% |
| 2/2/2024 | 5.4% | 8.1% | 9.6% |
| 11/2/2023 | 3.1% | -4.5% | -13.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 11 | 14 |
| # Negative | 13 | 13 | 10 |
| Median Positive | 2.6% | 3.8% | 4.3% |
| Median Negative | -3.9% | -3.8% | -5.5% |
| Max Positive | 7.0% | 8.1% | 13.3% |
| Max Negative | -10.9% | -9.4% | -13.1% |
SEC Filings
Expand for More| Report Date | Filing |
|---|---|
| 6302025 | 10-Q 6/30/2025 |
| 3312025 | 10-Q 3/31/2025 |
| 12312024 | 10-K 12/31/2024 |
| 9302024 | 10-Q 9/30/2024 |
| 6302024 | 10-Q 6/30/2024 |
| 3312024 | 10-Q 3/31/2024 |
| 12312023 | 10-K 12/31/2023 |
| 9302023 | 10-Q 9/30/2023 |
| 6302023 | 10-Q 6/30/2023 |
| 3312023 | 10-Q 3/31/2023 |
| 12312022 | 10-K 12/31/2022 |
| 9302022 | 10-Q 9/30/2022 |
| 6302022 | 10-Q 6/30/2022 |
| 3312022 | 10-Q 3/31/2022 |
| 12312021 | 10-K 12/31/2021 |
| 9302021 | 10-Q 9/30/2021 |
Insider Activity
Expand for More| Owner | Title | Filing Date | Action | Price | Shares | TransactedValue | Value ofHeld Shares | Form | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | Eder Noelle K | See Remarks | 3112025 | Sell | 320.00 | 9,944 | 3,182,080 | 4,289,920 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |