Cigna Corp (CI)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019
Net income (ttm)	US$ in thousands	3,631,000	5,304,000	6,653,000	6,752,000	6,668,000	5,163,000	4,027,000	3,935,000	3,913,000	8,384,000	8,151,000	8,438,000	8,458,000	5,584,000	5,547,000	5,201,000	5,388,000	4,355,000
Revenue (ttm)	US$ in thousands	195,265,000	189,902,000	186,135,000	183,027,000	180,516,000	180,453,000	179,460,000	177,113,000	174,078,000	170,102,000	166,769,000	162,903,000	160,401,000	156,934,000	154,535,000	154,089,000	153,566,000	129,621,000
Net profit margin		1.86%	2.79%	3.57%	3.69%	3.69%	2.86%	2.24%	2.22%	2.25%	4.93%	4.89%	5.18%	5.27%	3.56%	3.59%	3.38%	3.51%	3.36%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,631,000K ÷ $195,265,000K
= 1.86%

The net profit margin of Cigna Group (The) has experienced fluctuations over the past eight quarters. In Q4 2023, the net profit margin decreased to 2.64% from the previous quarter's 2.79%. This decline may indicate a decrease in profitability or an increase in expenses relative to revenue during that period.

Looking further back, the net profit margin in Q2 2023 was higher at 3.57%, indicating a stronger profitability compared to the most recent quarter. Similarly, in Q1 2023, the net profit margin was 3.69%, which was slightly higher than Q4 2023.

Comparing these figures to the previous year, the net profit margin in Q4 2022 was also 3.69%, suggesting stability in profitability year-over-year. However, in Q3 and Q2 of 2022, the net profit margin was 3.67% and 3.05%, respectively, showing some variability in profitability during that period.

Overall, the trend in Cigna Group's net profit margin over the past eight quarters indicates some fluctuations, with varying levels of profitability observed. It is essential for stakeholders to monitor these shifts closely to assess the company's financial performance and sustainability.