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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
3.8
More
Overall CultureAMore

Locations

Cigna is headquartered in
Bloomfield, United States

Location Map

Latest Updates

Company Growth (employees)

Employees (est.) (Dec 2019)73,700
Job Openings1,775
Website Visits (May 2021)11 m(+3%)
Revenue (FY, 2020)$160.4 B(+4%)
Share Price (Jul 2021)$232.9
Cybersecurity ratingBMore

Key People/Management at Cigna

Cigna Office Locations

Cigna has offices in Bloomfield, Atlanta, Austin, Baltimore and in 81 other locations

Cigna Financials and Metrics

Cigna Revenue

Cigna's revenue was reported to be $160.4 b in FY, 2020

USD

Revenue (Q1, 2021)$40.97 b
Gross profit (Q1, 2021)$13.74 b
Gross profit margin (Q1, 2021), %33.5%
Net income (Q1, 2021)$1.17 b
EBIT (Q1, 2021) $1.96 b
Market capitalization (23-Jul-2021)$79.78 b
Closing stock price(23-Jul-2021)$232.88
Cash (31-Mar-2021)$6.51 b
EV $105.25 b

Cigna's current market capitalization is $79.8 b.

USDFY, 2017FY, 2018FY, 2019FY, 2020
Revenue41.6 b48.7 b153.6 b160.4 b
Revenue growth, %5%17%216%
Cost of goods sold27.9 b32.3 b128.5 b103.5 b
Gross profit13.8 b16.3 b25.1 b56.9 b
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021
Revenue11.4 b11.5 b11.5 b37.9 b38.8 b38.6 b38.5 b26.6 b27.8 b41 b
Cost of goods sold7.3 b7.5 b7.4 b31.7 b32.5 b32.3 b32.5 b32.7 b27.2 b
Gross profit4 b4 b4.1 b6.3 b6.3 b6.3 b6 b(6.2 b)13.7 b
Gross profit Margin, %36%35%35%17%16%16%15%(23%)34%
show all

USDFY, 2017FY, 2018FY, 2019FY, 2020
Cash3 b3.9 b4.6 b10.2 b
Accounts Receivable3.4 b10.5 b10.7 b12.2 b
Inventories228 m2.8 b2.7 b3.2 b
Current Assets9.3 b20.4 b29.8 b27.8 b
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021
Cash2.8 b3.6 b24 b5 b3.6 b4.6 b4.5 b7.2 b5.3 b6.5 b
Accounts Receivable3.5 b3.4 b3.6 b10.9 b11.7 b11.7 b11.7 b12.7 b13.5 b13.6 b
Inventories2.4 b2.3 b2.2 b2.6 b2.7 b2.7 b2.9 b
Current Assets21.1 b20.7 b21.2 b30.9 b34.9 b34.6 b25.6 b
show all

USDFY, 2017FY, 2018FY, 2019FY, 2020
Net Income2.2 b2.6 b5.1 b8.5 b
Depreciation and Amortization566 m695 m3.7 b2.8 b
Accounts Receivable(233 m)705 m(713 m)(1.5 b)
Inventories(107 m)149 m(504 m)
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021
Net Income917 m1.7 b2.5 b1.4 b2.8 b4.1 b1.2 b2.9 b4.3 b1.2 b
Depreciation and Amortization140 m276 m438 m897 m1.8 b2.7 b693 m1.4 b2.1 b715 m
Accounts Receivable(53 m)(5 m)(243 m)(396 m)(1.2 b)(1.2 b)(1.1 b)(2.1 b)(2.8 b)(1.4 b)
Inventories440 m524 m661 m96 m(50 m)5 m247 m
show all

USD
Q1, 2021
EV/EBIT55.9 x
EV/CFO100.1 x
Financial Leverage3.2 x
  • Cigna Market Cap History

  • Cigna Stock Price

Revenue Breakdown

Cigna revenue breakdown by business segment: 23.2% from Integrated Medical, 69.9% from Health Services and 6.9% 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
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
Accredo Health, Incorporated
Allegiance Life & Health Insurance Company

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

B

88/100

SecurityScorecard logo

Cigna Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Cigna Website Traffic

Alexa Website Rank

Total Visits per monthSimilarWeb

Cigna Online and Social Media Presence

Twitter followers

50.53 k Twitter followers

6 Months

Cigna has 50.53 k Twitter Followers. The number of followers has increased 0.32% month over month and increased 0.14% quarter over quarter.

Cigna's Trends

Search term - Cigna

Twitter Engagement Stats for @cigna

  • 26.12 k

    Tweets

  • 2.3 k

    Following

  • 50.53 k

    Followers

  • 93

    Tweets last 30 days

  • 2.8

    Avg. likes per Tweet

  • 68.8%

    Tweets with engagement

Cigna Technology StackBuildWith Logo

  • ads

    36 products used

    • Adap.TV
    • Adify
    • Adobe Audience Manager
      • Adobe Audience Manager Sync
      • Advertising.com
      • Aggregate Knowledge
      • AOL-Time Warner Online Advertising
      • AppNexus
      • Atlas
      • Bizo
      • BlueKai
      • Conversant
      • DemDex
      • DoubleClick Bid Manager
      • DoubleClick.Net
      • Facebook Custom Audiences
      • Flashtalking
      • Google Adsense
      • Google Remarketing
      • Index Exchange
      • Integral Ad Science
      • IponWeb BidSwitch
      • LinkedIn Ads
      • MaxPoint Interactive
      • Neustar AdAdvisor
      • Pubmatic
      • Resonate Insights
      • Rubicon Project
      • Specific Media
      • The Trade Desk
      • Tribal Fusion
      • Turn
      • Twitter Ads
      • Videology
      • VINDICO
      • Yahoo Small Business
  • analytics

    43 products used

    • Acxiom
    • Adobe Analytics
    • Adobe Dynamic Tag Management
      • Adobe Experience Platform Identity Service
      • Adobe Launch
      • Adobe Marketing Cloud
      • Adobe Target Standard
      • Annalect
      • Bing Universal Event Tracking
      • comScore
      • Datalogix
      • DoubleClick Floodlight
      • Eloqua
      • Everest Technologies
      • Facebook Conversion Tracking
      • Facebook Pixel
      • Facebook Signal
      • Facebook Tag API
      • Global Site Tag
      • Google Analytics
      • Google Analytics Classic
      • Google Analytics Enhanced Link Attribution
      • Google Analytics with Ad Tracking
      • Google Conversion Tracking
      • Google Universal Analytics
      • InsightExpress
      • Invite Media
      • LinkedIn Insights
      • LiveRamp
      • Lotame Crowd Control
      • MediaMath
      • Omniture Adobe Test and Target
      • Omniture SiteCatalyst
      • OpinionLab
      • Pinterest Conversion Tracking
      • Rapleaf
      • Signal
      • TeaLeaf
      • Twitter Analytics
      • Twitter Conversion Tracking
      • Twitter Website Universal Tag
      • WebTrends
      • WebTrends Optimize
  • CDN

    4 products used

    • CDN JS
    • Cloudflare
    • Content Delivery Network
    • GStatic Google Static Content
  • cdns

    1 product used

    • Amazon CloudFront
Learn more on BuiltWith

Cigna Company CultureCultureAndCompensation Logo

  • Overall Culture

    A

    75/100

  • CEO Rating

    A+

    79/100

  • Compensation

    A-

    76/100

  • Diversity

    B+

    74/100

Learn more on Comparably

Cigna News and Updates

Jul 15, 2021
Cigna International finds community spirit and duty to society top driver of COVID-19 vaccine uptake
Key research findings: Vaccine acceptance continues to improve – steady increase in vaccine acceptance, 69% up from 63% in three months Urgency has increased – those waiting to get a vaccination until more people have had their first one dropped 8% in three months, from 50% to 42%...
Jul 13, 2021
Leaders from Amex, Opendoor, Cigna and Accenture talk data at Transform’s Big Bytes in AI & Data breakfast
At the Big Bytes in AI & Data breakfast, presented by Accenture, panelists speak about the importance of good data.
Jul 07, 2021
Here’s Why Cigna Is A Better Buy Compared To UnitedHealth Group Stock
_3xOCqWe think that Cigna (NYSE: CI) currently is a better pick compared to UnitedHealth Group. CI stock trades at about 0.5x trailing revenues, compared to around 1.5x for UnitedHealth. Does this gap in Cigna’s valuation make sense? We don’t think so. While both the companies have benefited...
Jul 01, 2021
President George W. Bush Joined Cigna Corporation CEO David Cordani to Honor American Veterans and Support the Achilles International Freedom Team
WASHINGTON, July 1, 2021 /PRNewswire/ -- Cigna Corporation CEO David Cordani hosted an exclusive fireside conversation with President George W. Bush on Wednesday to honor American veterans and support athletes on the Achilles International Freedom Team, which is composed of wounded...
Jun 17, 2021
Cigna Survey Confirms Mental Health Services and Support Critical to Global Pandemic Recovery
Markets with higher COVID-19 vaccination rates report better outlook on health and well-being Mental health seen as most important influence of whole person health, virtual mental health consultations increased 89 percent since beginning of pandemic Employees expect more from employers,...
May 07, 2021
Cigna stock gains, as profit and revenue rise above expectations
_3xOCqShares of Cigna Corp. gained 0.5% in premarket trading Friday, after the health services company reported first-quarter profit and revenue that rose above expectations, as total customer relationships grew 14% and pharmacy customers increased 28%. Net income was $1.16 billion, or $3.30 a share, compared with $1.18 billion, or $3.15 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share rose to $4.73 from $4.69, beating the FactSet consensus of $4.37. Revenue grew 6.5% to $40.97 billion, above the FactSet consensus of $40.21 billion. Customer relationships increased to 189.9 million from 167.0 million, as pharmacy customers rose to 101.0 million from 78.8 million. Cigna's stock has rallied 23.4% year to date through Thursday, while the S&P 500 has advanced 11.9%.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.

Cigna Blogs

Jul 15, 2021
Cigna Corporation's Second Quarter 2021 Earnings Release Details
Cigna Corporation's Second Quarter 2021 Earnings Release Details
Jul 13, 2021
Bonnie Evelyn Named Cigna Market President for Georgia/Alabama
Bonnie Evelyn Named Cigna Market President for Georgia/Alabama
Jun 17, 2021
New York Life and Cigna Expand Eligibility for ‘Brave of Heart Fund’ Grants to Support Families of Health Care Workers Who Lost Their Lives in the Fight Against
New York Life and Cigna Expand Eligibility for ‘Brave of Heart Fund’ Grants to Support Families of Health Care Workers Who Lost Their Lives in the Fight Against
May 25, 2021
Cigna Names Jamie Benedict President of Medicare Advantage Plans in Ohio
Cigna Names Jamie Benedict President of Medicare Advantage Plans in Ohio
May 20, 2021
Cigna Administered by Oscar Expands Affordable, Innovative Health Plans for Small Businesses in Arizona
Cigna Administered by Oscar Expands Affordable, Innovative Health Plans for Small Businesses in Arizona
May 19, 2021
Cigna Corporation Announces Appearance at the Goldman Sachs 42nd Annual Global Healthcare Conference
Cigna Corporation Announces Appearance at the Goldman Sachs 42nd Annual Global Healthcare Conference

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When was Cigna founded?
Cigna was founded in 1981.
Who are Cigna key executives?
Cigna's key executives are David Cordani, Tim Wentworth and Brian Evanko.
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 $2.08 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 81 other locations
How many offices does Cigna have?
Cigna has 90 offices.

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