OverviewSuggest Edit

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, US
Websitecigna.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2019)73,700
Job Openings1,620
Revenue (FY, 2019)$153.6 B(+216%)
Share Price (Sept 2020)$160.5
Cybersecurity ratingBMore

Key People/Management at Cigna

David Cordani

David Cordani

President, Chief Executive Officer and Director
Eric Palmer

Eric Palmer

Executive Vice President and Chief Financial Officer
Steve Miller

Steve Miller

Chief Clinical Officer
Nicole Jones

Nicole Jones

Executive Vice President and General Counsel
John Murabito

John Murabito

Executive Vice President, Human Resources and Services
Jason Sadler

Jason Sadler

President, International Markets
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Cigna Office Locations

Cigna has offices in Bloomfield, Atlanta, Austin, Baltimore and in 76 other locations
Bloomfield, US (HQ)
900 Cottage Grove Rd
Atlanta, US
3500 Piedmont Rd NE
Austin, US
11200 Lakeline Blvd #100Austin
Austin, US
11200 Lakeline Blvd Ste 100
Baltimore, US
Baltimore, MD, USA
Bedford, US
Bedford, TX, USA
Show all (88)

Cigna Financials and Metrics

Cigna Revenue

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Cigna's revenue was reported to be $153.57 b in FY, 2019 which is a 215.7% increase from the previous period.
USD

Revenue (Q2, 2020)

26.6b

Market capitalization (23-Sept-2020)

58.9b

Closing stock price (23-Sept-2020)

160.5

Cash (30-Jun-2020)

7.2b

EV

88.3b
Cigna's current market capitalization is $58.9 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

39.7b41.6b48.7b153.6b

Revenue growth, %

5%5%17%216%

Cost of goods sold

27.0b27.9b32.3b128.5b

Gross profit

12.7b13.8b16.3b25.1b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

10.4b10.3b10.4b11.4b11.5b11.5b37.9b38.8b38.6b38.5b26.6b

Cost of goods sold

6.9b6.9b6.8b7.3b7.5b7.4b31.7b32.5b32.3b24.2b

Gross profit

3.5b3.4b3.5b4.0b4.0b4.1b6.3b6.3b6.3b14.3b

Gross profit Margin, %

33%33%34%36%35%35%17%16%16%37%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

3.2b3.0b3.9b4.6b

Accounts Receivable

3.1b3.4b10.5b10.7b

Inventories

228.0m2.8b2.7b

Current Assets

9.3b20.4b29.8b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

4.2b3.6b3.7b2.8b3.6b24.0b5.0b3.6b4.6b4.5b7.2b

Accounts Receivable

3.2b3.4b3.3b3.5b3.4b3.6b10.9b11.7b11.7b11.7b12.7b

Inventories

2.4b2.3b2.2b2.6b2.7b

Current Assets

21.1b20.7b21.2b30.9b34.9b
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

1.8b2.2b2.6b5.1b

Depreciation and Amortization

610.0m566.0m695.0m3.7b

Inventories

(107.0m)149.0m

Accounts Payable

124.0m639.0m332.0m1.3b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

593.0m1.4b2.0b917.0m1.7b2.5b1.4b2.8b4.1b1.2b2.9b

Depreciation and Amortization

146.0m286.0m425.0m140.0m276.0m438.0m897.0m1.8b2.7b693.0m1.4b

Inventories

440.0m524.0m661.0m96.0m(50.0m)

Accounts Payable

(186.0m)(159.0m)221.0m(191.0m)(246.0m)113.0m91.0m(370.0m)23.0m
USDFY, 2016

Revenue/Employee

988.0k

Debt/Equity

0.4 x

Debt/Assets

0.1 x

Financial Leverage

4.3 x
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Cigna Operating Metrics

Cigna's Customers was reported to be 3 m in FY, 2019.
FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Countries

30 30

Customers

1.90 m2.40 m2.70 m3 m

Medical Claims Processed (US)

160 m158 m158 m163 m168 m

Service Centers (US)

18 18 16 17 22
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Cigna Acquisitions / Subsidiaries

Company NameDateDeal Size
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$3.80 b
ChoicelinxAugust 05, 2005
Accredo Health Group
Accredo Health, Incorporated
Allegiance Life & Health Insurance Company
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Cigna Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Cigna Revenue Breakdown

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Cigna revenue breakdown by business segment: 23.2% from Integrated Medical, 69.9% from Health Services and 6.9% from Other

Cigna Online and Social Media Presence

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Cigna News and Updates

Cigna Will Expand Obamacare To 300 Counties In 10 States For 2021

Cigna will increase the number of counties it will offer individual coverage under the Affordable Care Act by 27% to more than 300 counties spanning 10 states next year.

Cigna Expands Offerings for Individuals - Increasing Access to Quality Care in More Communities Across the Country

BLOOMFIELD, Conn., Sept. 9, 2020 /PRNewswire/ -- Cigna Corp, a global health service company, is enhancing its offerings to customers who access health coverage through the Affordable Care Act (ACA) marketplace, frequently referred to as the individual exchange. Cigna's plans will include...

Not Even A $1B Breakup Fee For Cigna From Anthem Lawsuit

A Delaware judge’s ruling that neither Cigna nor Anthem can collect damages in a battle over who sabotaged their mega-merger years ago means no breakup fees or billion-dollar payout for either health plan.

Cigna Stock Looks Attractive At $180

Despite a 36% rise since the March 23 lows of this year, at the current price of around $177 per share, we believe Cigna’s stock (NYSE: CI), a health insurance and pharmacy services management company, looks attractive and it could offer significant upside from the current levels...

Cigna affirms 2020 profit and revenue outlook, 2021 EPS target

Cigna Corp. disclosed Thursday that it expects to affirm previously provided full-year financial guidance, when it meets with investors and analysts over the next several weeks. The health services company still expects 2020 adjusted earnings per share of $18.00 to $18.60, which surrounds the FactS…

Pharmacy Benefit Management (PBM) US Market 2020 | Major Kay Players – Express Scripts, Cigna, Anthem, Rite Aid, Walgreens Booth Alliance, CVS Health, OptumRx, Aetna, MedImpact Healthcare Systems

WiseGuyRerports.com Presents “U.S. Pharmacy Benefit Management (PBM) Market, By Business Model (Standalone, Health Insurance Providers, and Retail Pharmacy), By End Use (Commercial and Federal) – Analysis, Size, Share, Trends, & Forecast from 2020-2026” New Document to its Studies Database Pos…
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Cigna Blogs

Cigna Expands Stakeholder and Community Support, Reports Second Quarter 2020 Performance

<p>Total revenues in the second quarter were $39.3 billion. Adjusted revenues1 were $39.2 billion. Shareholders' net income for second quarter was $1.8 billion, or $4.73 per share Adjusted income...</p>

Cigna Supports Pipeline of Urban Superintendents with $250,000 Grant to School of Education

Cigna Supports Pipeline of Urban Superintendents with $250,000 Grant to School of Education

Cigna and Memorial Hermann Reach Agreement to Keep Quality Care Affordable

<p>Cigna (NYSE: CI) and Memorial Hermann Health System have reached a multi-year agreement that ensures Cigna customers will have continued access to Memorial Hermann's hospitals, facilities and...</p>

Aparna Abburi To Lead Growth Of Cigna Medicare Advantage Business

<p>Aparna Abburi has been named president of Cigna's Medicare Advantage (MA) business. Abburi, who brings years of industry experience to her new role, is responsible for leading Cigna's MA business...</p>

Cigna Corporation's Second Quarter 2020 Earnings Release Details

<p>Global health service company Cigna Corporation (NYSE:CI) will release its second quarter 2020 financial results on Thursday, July 30, 2020 and will host a conference call on the same day. Second...</p>

Giselle Cushing Named Cigna Market President for South Florida/Caribbean

Giselle Cushing Named Cigna Market President for South Florida/Caribbean
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Cigna Frequently Asked Questions

  • When was Cigna founded?

    Cigna was founded in 1981.

  • Who are Cigna key executives?

    Cigna's key executives are David Cordani, Eric Palmer and Steve Miller.

  • How many employees does Cigna have?

    Cigna has 73,700 employees.

  • What is Cigna revenue?

    Latest Cigna annual revenue is $153.6 b.

  • What is Cigna revenue per employee?

    Latest Cigna revenue per employee is $2.1 m.

  • Who are Cigna competitors?

    Competitors of Cigna include UnitedHealth Group, Molina Healthcare and Anthem.

  • 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 in 76 other locations.

  • How many offices does Cigna have?

    Cigna has 88 offices.