Cigna Corp (CI)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 344,000 | 5,164,000 | 6,704,000 | 5,370,000 | 8,458,000 |
| Revenue | US$ in thousands | 244,384,000 | 195,187,000 | 180,031,000 | 174,267,000 | 160,550,000 |
| Net profit margin | 0.14% | 2.65% | 3.72% | 3.08% | 5.27% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $344,000K ÷ $244,384,000K
= 0.14%
The net profit margin of Cigna Corp has shown variability over the years as per the provided data. It was 5.27% as of December 31, 2020, indicating that the company generated $0.0527 in net profit for every dollar of revenue. However, this figure decreased to 3.08% by the end of 2021, and then increased slightly to 3.72% by the end of 2022.
In the subsequent years, Cigna Corp experienced a decline in its net profit margin, reaching 2.65% by the end of 2023 and significantly dropping to 0.14% by the end of 2024. This downward trend suggests a potential decrease in the company's profitability relative to its revenue. Further analysis would be required to understand the factors contributing to these fluctuations in the net profit margin and assess the company's overall financial performance.
Peer comparison
Dec 31, 2024