Cigna
Cigna is a Connecticut-based health care and insurance company that has grown tremendously in recent years, owing in large part to its 2018 acquisition of Express Scripts in a $67 billion deal. The company, whose motto is “Together, all the way,” is a major provider of disability, medical, dental, life, and accident insurance and services with more than 180 million customers in more than 30 countries and jurisdictions. The company also offers Medicare and Medicaid coverage to eligible Americans. Cigna employs more than 70,000 workers worldwide. In 2021, after the coronavirus pandemic left millions uninsured in the U.S., the company announced it would waive many eligibility requirements through a special enrollment period, during which Americans could enroll in an individual or family health insurance plan without a qualifying event like a job loss or the birth of a child.
Julia Rendleman—Getty Images for Eventive Marketing
Company Information
As of 6/5/23
Country/Territory
U.S.
Headquarters
Bloomfield, Conn.
Industry
Health Care: Pharmacy and Other Services
CEO
David M. Cordani
Website
Company Type
Public
Ticker
CI
Revenues ($M)
$180,516
Profits ($M)
$6,668
Market Value ($M)
$75,901
Employees
70,231
Market value as of March 31, 2023.
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
21.30
EPS % Change (from 2021)
35.4%
EPS % Change (5 year annual rate)
19.4%
EPS % Change (10 year annual rate)
14.3%
Total Return
Total Return to Investors (2022)
46.7%
Total Return to Investors (5 year, annualized)
11.1%
Total Return to Investors (10 year, annualized)
20.5%
America's Most Innovative Companies
Sector
Health Care
Culture rank
154
Process rank
121
Product rank
69
World's Most Admired Companies
Sector
Contracted Services
Industry
Health Care: Pharmacy and Other Services
Current All-Star Rank
-
Previous All-Star Rank
-
Industry Rank
6
Previous Industry Rank
5*
Overall Score
6.27
Innovation
6
People Management
6
Use of Corporate Assets
2
Social Responsibility
8
Quality of Management
3
Financial Soundness
1
Long-Term Investment Value
3
Quality of Products/Services
7
Global Competitiveness
8
Fastest-Growing Companies
Revenue 3 Yr Growth Rank
37
Revenue 3 Yr Annual Growth Rate
33%
EPS 3 Yr Growth Rank
97
EPS 3 Yr Annual Growth Rate
26%
Total Return 3 Yr Rank
67
Total Return 3 Yr Annual Rate (Through June 30, 2022)
20%
Beat S&P 500 3 Yr Return (35.2%)
no
Current Streak
3
Years on List
3
Sector
Health Care
Key Financials (Last Fiscal Year)
($ 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 Ratios
Profit as % of Revenues
3.1%
Profits as % of Assets
3.5%
Profits as % of Stockholder Equity
11.4%
Lists ranking Cigna
Latest news for Cigna
- Brainstorm Health 2022 - Connected Health For All: Investigating In Access And Improved Outcomes;14:25Conferences, Brainstorm Health;
- Cigna CEO: We want to be the "undisputed partner of choice";7:51Series, On Leading;
- Karen Lynch's path to the C-Suite at CVS Health;;5:08
- Shifts in the Landscape;22:22Conferences, Brainstorm Health;