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CignaCI

$74.7B market cap
CignaCI
Revenue

Revenue: is the business selling more than it used to?

$274.9B+11% YoYFY 2025

0.00$100B$200B20162017201820192020202120222023202420252026$282B

◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year

Revenue reached $274.9B in 2025, compounding +15% a year since 2022 and the pace is picking up. The last twelve months (+8%) ran below that pace, so growth is slowing. The trailing twelve months are already running at $282.4B, ahead of the last full year.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

CignaCI
Net income

Net income: how much of that revenue becomes profit?

$6.0B+73% YoYFY 2025

0.00$5.0B20162017201820192020$8.5B202120222023202420252026$6.4B

◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year

Net income was $6.0B in 2025, compounding -4% a year over three years. Earnings per share moved +32% over the last twelve months. Trailing twelve-month profit stands at $6.4B.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

CignaCI
Growth rate

How fast is it growing, year by year?

+11.2%revenue growth, FY 2025

0.0%100%200%20172018201920202021202220232024202511%73%

Revenue grew +11% in 2025 against a five-year average of +12%. Earnings grew faster (+73%), so each new dollar of sales is arriving more profitably.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

CignaCI
Per-share growth

Revenue per share: is your slice growing as fast as the company?

$1023.60revenue per share, FY 2025

0.00500100020162017201820192020202120222023202420252026Revenue per share 1051

2026 = trailing twelve months to the latest filed quarter (2026-06-30), not a full fiscal year

Revenue per share reached $1023.60 in 2025, compounding +21% a year against +15% for CI as a whole. Buybacks added roughly 6.0 points to your per-share result.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

CignaCI
Margins

Margins: of every $1 of sales, how much survives each cost layer?

0.0%5.0%201620172018201920202021202220232024202520263.5%2.3%

2026 = trailing twelve months to the latest filed quarter (2026-06-30), not a full fiscal year

Operating margin has held near 3% since 2022. After everything, 2 cents of each sales dollar reaches net profit. CI doesn't tag a gross-profit line in its filings, so the chart starts at operating margin.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

CignaCI
Returns on capital

What does it earn on the money it uses?

0.0%10%2016201720182019202020212022202320242025202615%4.1%9.1%

2026 = trailing twelve months to the latest filed quarter (2026-06-30), not a full fiscal year

ROE of 15% and ROCE of 9% sit close together, so the returns come from the business itself rather than from borrowing.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

CignaCI
Valuation history

What has the market paid for CI over time?

11.8xP/E today

0.0010.0020.002016201720182019202020212022202320242025202610-year median 15.3xP/E 11.83

2026 = at the latest close (2026-09-04), over the trailing twelve months; earlier years are annual averages

At 11.8x earnings, the market is paying 23% less than CI's own 10-year median of 15.3x. Pessimism is priced in - the question is whether it is deserved.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

CignaCI
Debt & cash

Could it handle its debt if things went wrong?

0.00$20.0B$40.0B201520162017201820192020202120222023202420252026$31.9B$7.3B

Debt of $31.9B sits against $6.3B of cash, or 0.7x shareholders' equity. Earnings cover interest 7.0 times - adequate, with less room than it looks in a downturn.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

CignaCI
Shareholders' equity

Is the company's own capital growing?

0.00$20.0B$40.0B201520162017201820192020$50.3B202120222023202420252026$42.6B

The company's own capital shrank from $46.2B in 2023 to $42.6B (-8%). Buybacks or losses are drawing the buffer down - the distinction matters.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

CignaCI
Capital returned

How much goes back, and how much leaks out as stock comp?

0.00$5.0B20162017201820192020202120222023202420252026

Shareholders received $3.6B in buybacks and $1.6B in dividends in 2025. Stock compensation issued $291M of new shares in the same year, offsetting 6% of that.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

CignaCI
Dilution rate

How fast is your ownership being diluted - or concentrated?

0.0%25%50%20172018201952%202020212022202320242025-5.2%

The share count shrank 5.2% in 2025, averaging 5.0% a year over three years. Buybacks are concentrating your ownership: the same business, split fewer ways.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

CignaCI
Dividend per share

Is the dividend cheque growing?

0.002.505.002019202020212022202320242025DPS 6.00

The dividend per share reached $6.00 in 2025, compounding +171% a year since 2020.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

CignaCI
Payout quality

Can it afford the dividend?

0.0%20%40%2019202020212022202320242025202625%17%

2026 = trailing twelve months to the latest filed quarter (2026-06-30), not a full fiscal year

The dividend consumed 27% of profit and 17% of free cash flow in 2025. That leaves room to keep paying through a weak year.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

CignaCI
Return on equity

Does CI earn more on its capital than that capital costs?

0.0%10%201620172018201920202021202220232024202510% cost of capitalreturn on equity 14%

CI earns 14.3% on the capital it employs, comfortably above the 10% most investors treat as the cost of capital. It was 15.2% in 2022, so the trend is down, though the pace has cooled.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

CignaCI
Dilution against what it bought

CI has issued or retired shares - did shareholders end up better off?

02505002016201720182019202020212022202320242025103667

CI issued +3% more shares from 2016 to 2025, but revenue per share still rose +567%. The dilution bought more growth than it cost existing holders.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

CignaCI
Insider flow

Are the people running it buying or selling?

$50M$25M0.00Aug '25Oct '25Nov '25Mar '26May '26Jun '26Aug '26

Insiders bought $999,916 and sold $77M on the open market, a net sale of $76M. A further 42 filings were grants, option exercises or tax withholding, which say nothing either way.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

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