Craft

Cigna Summary

Overview

Cigna is a health insurance and services company. It offers individual and employer plans, including insurance for employees living abroad, supplemental coverage, and short-travel business travel plans. The company also provides outpatient insurance, emergency evacuation, health and wellness, as well as vision and dental optional benefits. In addition, Cigna delivers pharmacy benefit management, home delivery and specialty pharmacy, and health management services.

TypePublic
Founded1981
HQBloomfield, CT, USMap
Websitecigna.com
Employee Ratings
3.7
More
Overall CultureA-More

Locations

Cigna is headquartered in
Bloomfield, United States

Location Map

Latest Updates

Company Growth (employees)

Employees (est.) (Dec 2021)73,700
Job Openings1,548
Website Visits (Feb 2022)14 m(-17%)
Revenue (FY, 2020)$160.4 B(+4%)
Share Price (May 2022)$246.8
Cybersecurity ratingAMore
Header placeholder lorem ipsum dolor sit amet, consectetur adipiscing elit.
banner

Key People/Management at Cigna

Cigna Office Locations

Cigna has offices in Bloomfield, Atlanta, Austin, Baltimore and in 80 other locations

Cigna Financials and Metrics

Cigna Revenue

Cigna's revenue was reported to be $160.4 b in FY, 2020 which is a 4.5% increase from the previous period.

USD

Revenue (Q3, 2021)$44.29 b
Gross profit (Q3, 2021)$5.89 b
Gross profit margin (Q3, 2021), %13.3%
Net income (Q3, 2021)$1.64 b
EBIT (Q3, 2021) $2.29 b
Market capitalization (02-May-2022)$78.57 b
Closing stock price(02-May-2022)$246.78
Cash (30-Sept-2021)$3.48 b
EV $109.4 b

Cigna's current market capitalization is $78.6 b.

USDFY, 2018FY, 2019FY, 2020
Revenue48.7 b153.6 b160.4 b
Revenue growth, %17%216%4%
Cost of goods sold32.3 b128.5 b136.2 b
Gross profit16.3 b25.1 b24.2 b
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021
Revenue37.9 b38.8 b38.6 b38.5 b39.3 b41 b41 b43.1 b44.3 b
Cost of goods sold31.7 b32.5 b32.3 b32.5 b32.7 b35.1 b35.2 b37.5 b38.4 b
Gross profit6.3 b6.3 b6.3 b6 b(6.2 b)5.9 b5.7 b5.6 b5.9 b
Gross profit Margin, %17%16%16%15%(16%)14%14%13%13%
show all

USDFY, 2018FY, 2019FY, 2020
Cash3.9 b4.6 b10.2 b
Accounts Receivable10.5 b10.7 b12.2 b
Inventories2.8 b2.7 b3.2 b
Current Assets20.4 b29.8 b27.8 b
show all

USDFY, 2018FY, 2019FY, 2020
Net Income2.6 b5.1 b8.5 b
Depreciation and Amortization695 m3.7 b2.8 b
Accounts Receivable705 m(713 m)(1.5 b)
Inventories(107 m)149 m(504 m)
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021
Net Income1.4 b2.8 b4.1 b1.2 b2.9 b4.3 b1.2 b2.6 b4.3 b
Depreciation and Amortization897 m1.8 b2.7 b693 m1.4 b2.1 b715 m1.4 b2.2 b
Accounts Receivable(396 m)(1.2 b)(1.2 b)(1.1 b)(2.1 b)(2.8 b)(1.4 b)(3.2 b)(4 b)
Inventories440 m524 m661 m96 m(50 m)5 m247 m124 m145 m
show all

USD
Q3, 2021
EV/EBIT43.3 x
EV/CFO34.1 x
Debt/Equity0.7 x
Debt/Assets0.2 x
Financial Leverage3.3 x
P/E Ratio41.7 x
  • Cigna Market Cap History

  • Cigna Stock Price

Revenue Breakdown

Cigna revenue breakdown by business segment: 70.1% from Evernorth, 23.2% from U.S. Medical and 6.8% from Other

Cigna Operating Metrics

Cigna's Countries was reported to be 30 in FY, 2019.

FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019
Customers (Cigna Dental)14.22 m14.46 m15 m15.2 m15.8 m
Medical Claims Processed (US)160 m158 m158 m163 m168 m
Service Centers (US)1818161722
Hospitals Engaged390450500500

Cigna Acquisitions / Subsidiaries

Company NameDateDeal Size
MDLIVEApril 19, 2021$2 b
Express Scripts Holding CompanyMarch 08, 2018$67 b
BrighterDecember 14, 2017
Zurich Insurance Middle EastJuly 11, 2017
Alegis CareSeptember 04, 2013
Firstassist Insurance Services LtdSeptember 27, 2011
Cigna HealthSpringJanuary 01, 2011$3.8 b
ChoicelinxAugust 05, 2005
Accredo Health Group, Inc.
Accredo Health, Incorporated

Human Capital Metrics

Source: www.cigna.com, www.cigna.com, www.cigna.com

Cigna Hiring Categories

Cigna Median Salaries

Source: 8 public H-1B filings from Cigna

Cigna Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Cigna Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Cigna Website Traffic

Total Visits per monthSimilarWeb

Cigna Online and Social Media Presence

Twitter followers

51.61 k Twitter followers

6 Months

Cigna has 51.61 k Twitter Followers. The number of followers has increased 0.14% month over month and increased 0.32% quarter over quarter.

Cigna's Trends

Search term - Cigna

Twitter Engagement Stats for @cigna

  • 26.55 k

    Tweets

  • 2.28 k

    Following

  • 51.61 k

    Followers

  • 51

    Tweets last 30 days

  • 2.1

    Avg. likes per Tweet

  • 54.9%

    Tweets with engagement

Cigna Technology StackBuildWith Logo

  • ads

    50 products used

    • Adap.TV
    • Adify
    • Adobe Audience Manager
      • Adobe Audience Manager Sync
      • Advertising.com
      • Aggregate Knowledge
      • AOL-Time Warner Online Advertising
      • AppNexus
      • AppNexus Segment Pixel
      • Atlas
      • Bizo
      • BlueKai
      • BlueKai DMP
      • Chango
      • Conversant
      • DemDex
      • Digilant
      • DoubleClick Bid Manager
      • DoubleClick.Net
      • Drawbridge
      • Dstillery
      • Ezakus
      • Facebook Custom Audiences
      • Facebook Exchange FBX
      • Flashtalking
      • Google Adsense
      • Google Remarketing
      • Index Exchange
      • Integral Ad Science
      • IponWeb BidSwitch
      • LinkedIn Ads
      • MaxPoint Interactive
      • MLN Advertising
      • Neustar AdAdvisor
      • Openads/OpenX
      • Pubmatic
      • Resonate Insights
      • Rocket Fuel
      • Rubicon Project
      • RUN Ads
      • Snap Pixel
      • Specific Media
      • Tapad
      • The Trade Desk
      • Tribal Fusion
      • Turn
      • Twitter Ads
      • Videology
      • VINDICO
      • Yahoo Small Business
  • analytics

    60 products used

    • Acxiom
    • Adobe Analytics
    • Adobe Dynamic Tag Management
      • Adobe Experience Platform Identity Service
      • Adobe Experience Platform Launch
      • Adobe Launch
      • Adobe Marketing Cloud
      • Adobe Target Standard
      • Annalect
      • AudioEye
      • Bing Universal Event Tracking
      • Cardlytics
      • comScore
      • Datalogix
      • DoubleClick Floodlight
      • Dun and Brandstreet Visitor Intelligence
      • Eloqua
      • Everest Technologies
      • Facebook Conversion Tracking
      • Facebook Domain Insights
      • Facebook Pixel
      • Facebook Signal
      • Facebook Tag API
      • ForeSee Results
      • Global Site Tag
      • Google Analytics
      • Google Analytics Classic
      • Google Analytics Enhanced Link Attribution
      • Google Analytics Event Tracking
      • Google Analytics with Ad Tracking
      • Google Conversion Tracking
      • Google Universal Analytics
      • InsightExpress
      • Invite Media
      • Keen IO
      • LinkedIn Insights
      • LiveRamp
      • Lotame Crowd Control
      • Mapp
      • Matomo
      • MediaMath
      • Mixpanel
      • Moat
      • New Relic
      • Omniture Adobe Test and Target
      • Omniture SiteCatalyst
      • OpinionLab
      • Pinterest Conversion Tracking
      • Quantcast Measurement
      • Rapleaf
      • Recruitics
      • Signal
      • TeaLeaf
      • Twitter Analytics
      • Twitter Conversion Tracking
      • Twitter Website Universal Tag
      • WebTrends
      • WebTrends Optimize
      • Yahoo Web Analytics
      • Zmags
  • CDN

    14 products used

    • AJAX Libraries API
    • Akamai
    • Amazon S3
      • BootstrapCDN
      • CDN JS
      • Cloudflare
      • Cloudflare JS
      • CloudFront
      • Content Delivery Network
      • GStatic Google Static Content
      • jQuery CDN
      • jsDelivr
      • Microsoft Ajax Content Delivery Network
      • OSS CDN
  • cdns

    3 products used

    • Amazon CloudFront
    • Amazon S3 CDN
    • Incapsula CDN
Learn more on BuiltWith

Cigna Company CultureCultureAndCompensation Logo

  • Overall Culture

    A-

    75/100

  • CEO Rating

    A+

    81/100

  • Compensation

    B

    73/100

  • Diversity

    A-

    76/100

Learn more on Comparably

Cigna News and Updates

Mar 08, 2022
Kala Pharmaceuticals Announces EYSUVIS® Now Covered on UnitedHealthcare Commercial and Cigna Medicare
_3xOCq-- Expands Commercial Coverage to 118 million lives and Medicare Coverage to 7.1 million lives -- ARLINGTON, Mass., March 08, 2022 (GLOBE NEWSWIRE) -- Kala Pharmaceuticals, Inc., (NASDAQ:KALA), a commercial-stage biopharmaceutical company focused on the discovery, development and commercialization of innovative therapies for diseases of the eye, today announced that UnitedHealthcare, one of the largest commercial health care plans in the United States, covering approximately 13 million lives, has added EYSUVIS (loteprednol etabonate ophthalmic suspension) 0.25% as a covered brand on its commercial formularies effective March 2022. EYSUVIS now has coverage for approximately 118 million lives, or 70% of all commercial lives.
Mar 01, 2022
Cigna Latest Health Insurer To Increase Venture Spending On Startups And Digital Tech
_3xOCqCigna will increase spending by $450 million on startup businesses and digital health via its Cigna Ventures fund.
Feb 28, 2022
Cigna Rules Out Large-Scale M&A to Focus on Share Repurchases
_3xOCqCigna Rules Out Large-Scale M&A to Focus on Share Repurchases
Feb 28, 2022
Cigna board adds $6 billion to company's share buyback authorization, boosting it to $10 billion
_3xOCqHealth care company Cigna Corp. said Monday its board has approved a series of capital deployment moves for 2022, including new share buybacks and strategic investments. The board has approved an additional $6 billion in share buybacks, boosting the company's authorization to $10 billion. The company expects to spend more than $7 billion on share buybacks this year. "Our plans for significant share repurchase coupled with our recently increased dividend, reinforces the confidence we have in our long-term growth plans and the underlying earnings power of Cigna's business portfolio," Chief Executive David M. Cordani said in a statement. The company is expecting the previously announced sale of its international life, accident, and supplemental benefits businesses to generate $5.4 billion in after-tax proceeds. Cigna will continue to make investments in small bolt-on or tuck-in acquisitions and the board has approved an additional $450 million for its venture arm Cigna Ventures. Those deals will focus on three areas; insights and analytics; digital health and experience; and care delivery and enablement. Shares were down 1.5% premarket, but have gained 11% in the last 12 months, while the S&P 500 has gained 15%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Feb 28, 2022
Cigna Announces Significant Increase to Share Repurchase Program and Capital Deployment
BLOOMFIELD, Conn., Feb. 28, 2022 /PRNewswire/ -- Global health service company Cigna Corporation (NYSE: CI) today announced a series of capital deployment priorities designed to enhance shareholder value and deliver long-term growth. Cigna expects to generate over $12 billion of...
Feb 18, 2022
Cigna Corporation Announces Cynthia Ryan as Chief Human Resources Officer as Longtime CHRO John Murabito Retires
BLOOMFIELD, Conn., Feb. 18, 2022 /PRNewswire/ -- Cigna Corporation (NYSE: CI), a global health service company, today announced that John Murabito, longtime Chief Human Resources Officer (CHRO) and current Chief Administrative Officer (CAO), will retire on April 1. Cynthia Ryan, who has...

You may also be interested in Related companies

logo
Shin Kong Financial
HQ
null, TW
Employees
17470 
Shin Kong Financial is a provider of financial products and services.
View company
logo
China Pacific Insurance
HQ
Shanghai, CN
Employees
110940 
China Pacific Insurance is a property insurance company.
View company
logo
Aflac
HQ
Columbus, US
Employees
12447  4increase
Aflac (American Family Life Assurance Company) is a financial services company that offers supplemental and renewable insurance solutions.
View company
logo
Max Life Insurance
HQ
Gurugram, IN
Employees
17405  1increase
Max Life Insurance is a company that provides insurance.
View company
When was Cigna founded?
Cigna was founded in 1981.
Who are Cigna key executives?
Cigna's key executives are David Cordani, Brian Evanko and Nicole Jones.
How many employees does Cigna have?
Cigna has 73,700 employees.
What is Cigna revenue?
Latest Cigna annual revenue is $160.4 b.
What is Cigna revenue per employee?
Latest Cigna revenue per employee is $2.18 m.
Who are Cigna competitors?
Competitors of Cigna include CVS Health, UnitedHealth Group and Molina Healthcare.
Where is Cigna headquarters?
Cigna headquarters is located at 900 Cottage Grove Rd, Bloomfield.
Where are Cigna offices?
Cigna has offices in Bloomfield, Atlanta, Austin, Baltimore and 80 other locations
How many offices does Cigna have?
Cigna has 91 offices.

Craft real-time company insights

Learn about Craft real-time company insights

Receive alerts for 300+ data fields across thousands of companies

Footer menu