Cigna Corp (CI)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	216,823,000	192,906,000	178,860,000	167,479,000	158,912,000	162,855,000	160,179,000	157,793,000	155,799,000	155,744,000	154,301,000	151,814,000	149,372,000	231,551,000	228,099,000	225,578,000	222,716,000	217,773,000	216,096,000	215,177,000
Revenue (ttm)	US$ in thousands	245,305,000	230,668,000	216,008,000	204,145,000	195,187,000	189,858,000	186,023,000	182,800,000	180,023,000	180,040,000	179,197,000	176,998,000	174,286,000	170,397,000	167,028,000	163,141,000	160,550,000	157,009,000	154,629,000	154,168,000
Gross profit margin		88.39%	83.63%	82.80%	82.04%	81.42%	85.78%	86.11%	86.32%	86.54%	86.51%	86.11%	85.77%	85.71%	135.89%	136.56%	138.27%	138.72%	138.70%	139.75%	139.57%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $216,823,000K ÷ $245,305,000K
= 88.39%

From March 31, 2020, to December 31, 2024, Cigna Corp's gross profit margin exhibited fluctuations. The gross profit margin started at a high of 139.57% in March 2020 and gradually declined to 85.71% by December 2021, which raised concerns about the company's ability to efficiently generate revenue after covering the cost of goods sold. However, there was a slight improvement in the margin in the subsequent quarters, reaching 88.39% by December 2024. This recovery trend indicates that the company may have implemented strategies to enhance profitability and control costs, potentially positioning itself for better financial performance in the future.