OverviewSuggest Edit

Cigna is a health insurance 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, and vision and dental optional benefits.
TypePublic
Founded1792
HQBloomfield, US
Websitecigna.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2018)73,800
Job Openings1,942
Revenue (FY, 2018)$48.7 B(+17%)
Share Price (Feb 2020)$217.2 (-1%)

Key People/Management at Cigna

David Cordani

David Cordani

President and CEO, Cigna Corporation
Eric Palmer

Eric Palmer

Executive Vice President and Chief Financial Officer, Cigna Corporation.
Mark Boxer

Mark Boxer

Executive Vice President and Global Chief Information Officer, Cigna Corporation
Steve Miller

Steve Miller

Chief Clinical Officer, Cigna Corporation
Nicole Jones

Nicole Jones

Executive Vice President and General Counsel, Cigna Corporation
John Murabito

John Murabito

Executive Vice President, Human Resources and Services, Cigna Corporation
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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 (89)

Cigna Financials and Metrics

Cigna Revenue

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View revenue for all periods
Cigna's revenue was reported to be $48.65 b in FY, 2018 which is a 16.9% increase from the previous period.
USD

Revenue (Q3, 2019)

38.6b

Gross profit (Q3, 2019)

6.3b

Gross profit margin (Q3, 2019), %

16.3%

Net income (Q3, 2019)

1.4b

EBIT (Q3, 2019)

2.1b

Market capitalization (21-Feb-2020)

80.9b

Closing stock price (21-Feb-2020)

217.2

Cash (30-Sept-2019)

4.6b

EV

110.4b
Cigna's current market capitalization is $80.9 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

39.7b41.6b48.7b

Revenue growth, %

5%5%17%

Cost of goods sold

27.0b27.9b32.3b

Gross profit

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

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

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

Cash

3.2b3.0b3.9b

Accounts Receivable

3.1b3.4b10.5b

Inventories

228.0m2.8b

Current Assets

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

Cash

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

Accounts Receivable

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

Inventories

2.4b2.3b2.2b

Current Assets

21.1b20.7b21.2b
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

1.8b2.2b2.6b

Depreciation and Amortization

610.0m566.0m695.0m

Inventories

(107.0m)

Accounts Payable

124.0m639.0m332.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

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

Depreciation and Amortization

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

Inventories

440.0m524.0m661.0m

Accounts Payable

(186.0m)(159.0m)221.0m(191.0m)(246.0m)113.0m91.0m(370.0m)23.0m
USDY, 2019

EV/EBIT

52 x

EV/CFO

16.5 x

Debt/Equity

0.8 x

Debt/Assets

0.2 x

Financial Leverage

3.5 x
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Cigna Operating Metrics

Cigna's Customers was reported to be 2.7 m in FY, 2018.
FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Customers

1.90 m2.40 m2.70 m

Hospitals Engaged

390 450 500

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
Allegiance Life & Health Insurance Company
Allegiance Re
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Cigna Revenue Breakdown

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Cigna revenue breakdown by business segment: 10.1% from Group Disability and Other, 10.6% from International Markets, 65.3% from Integrated Medical and 14.1% from Health Services

Cigna Online and Social Media Presence

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Cigna News and Updates

Cigna Advances Commitment To Improving Mental Health In America

BLOOMFIELD, Conn., Feb. 21, 2020 /PRNewswire/ -- World Champion and Mental Health Advocate Michael Phelps took the stage alongside the 19th Surgeon General of the United States Dr. Vivek Murthy and Cigna President and Chief Executive Officer David Cordani for a panel discussion about...

Thinking about trading options or stock in Apple, Ambarella, Alibaba, Cigna, or Microsoft?

NEW YORK, Feb. 13, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AAPL, AMBA, BABA, CI, and MSFT. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Cigna CEO expects ruling on Anthem-Cigna feud by this month

The Delaware court that oversaw the trial between Anthem and Cigna over their botched health insurance merger expects to making a ruling on the lawsuit by the end of this month, Cigna CEO David Cordani told investors Thursday.Why it matters: Whatever the resolution is, shareholders and people who ge…

Cigna To Accelerate Partnership Strategy In 2020

Cigna CEO David Cordani said partnerships like its decision to sell new health plans with Oscar Health and its alliance with the pharmacy benefit manager Prime Therapeutics will escalate in 2020.

Cigna Delivers Strong 2019 Results, Expects Continued Attractive Revenue and Earnings Growth in 2020

BLOOMFIELD, Conn., Feb. 6, 2020 /PRNewswire/ -- Total revenues were $153.6 billion. Adjusted revenues1 were $140.2 billion in 2019. Shareholders' net income for 2019 was $5.1 billion, or $13.44 per share, representing per share growth of 28% over 2018 Adjusted income from operations2 for...

Health insurer Cigna posts near seven-fold jump in quarterly profit

Cigna Corp reported a near seven-fold jump in quarterly profit on Thursday, benefiting from its $52 billion acquisition of pharmacy benefits manager Express Scripts.
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Cigna Blogs

Cigna Corporation Announces Appearance at the Barclays Global Healthcare Conference

<p>Global health service company Cigna Corporation (NYSE: CI) announced today that Matt Manders, President, Strategy and Solutions, will present at the Barclays Global Healthcare Conference on March...</p>

Cigna Names Christopher DeRosa to Lead National Accounts Business

<p>Cigna (NYSE:CI) has named Christopher DeRosa to lead its national large employer business, a leadership role within the company's U.S. Commercial unit. DeRosa will be accountable for deepening...</p>

Cigna Announces Leadership Updates to Support Continued Growth in Health Services

<p>Cigna today announced the creation of two new leadership positions within its Health Services business. Dave Queller, appointed to the role of President, Express Scripts, will lead pharmacy...</p>

Cigna Named Among “Best Places to Work for LGBTQ Equality” For Eighth Year in a Row

Cigna Named Among “Best Places to Work for LGBTQ Equality” For Eighth Year in a Row

Cigna Corporation's Fourth Quarter 2019 Earnings Release Details

<p>Global health service company Cigna Corporation (NYSE:CI) will release its fourth quarter 2019 financial results on Thursday, February 6, 2020 and will host a conference call on the same day....</p>

Cigna Adds Crozer-Keystone Health System to its Medicare Network in Pennsylvania

<p>Cigna and Delaware County, Pa.-based Crozer-Keystone Health System (Crozer-Keystone) have entered into an agreement that allows Cigna Medicare Advantage customers to access Crozer-Keystone's...</p>
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Cigna Frequently Asked Questions

  • When was Cigna founded?

    Cigna was founded in 1792.

  • Who are Cigna key executives?

    Cigna's key executives are David Cordani, Eric Palmer and Mark Boxer.

  • How many employees does Cigna have?

    Cigna has 73,800 employees.

  • What is Cigna revenue?

    Latest Cigna annual revenue is $48.7 b.

  • What is Cigna revenue per employee?

    Latest Cigna revenue per employee is $659.2 k.

  • Who are Cigna competitors?

    Competitors of Cigna include Aetna, Humana 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 89 offices.