Cigna Corp (CI)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 8,536,000 | 8,189,000 | 8,091,000 | 8,241,000 | 8,414,000 | 8,238,000 | 8,390,000 | 8,166,000 | 7,935,000 | 7,743,000 | 7,557,000 | 8,049,000 | 8,153,000 | 8,369,000 | 8,384,000 | 7,908,000 | 8,077,000 | 7,075,000 |
| 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 |
| Operating profit margin | 4.37% | 4.31% | 4.35% | 4.50% | 4.66% | 4.57% | 4.68% | 4.61% | 4.56% | 4.55% | 4.53% | 4.94% | 5.08% | 5.33% | 5.43% | 5.13% | 5.26% | 5.46% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $8,536,000K ÷ $195,265,000K
= 4.37%
The operating profit margin of Cigna Group (The) has shown fluctuation over the past eight quarters. In Q4 2023, the operating profit margin was 4.37%, slightly higher than in the previous quarter (4.32% in Q3 2023) but lower than the margins recorded in Q1 and Q2 of 2023 which were 4.51% and 4.35% respectively.
Compared to the same quarter in the previous year, the operating profit margin has declined from 4.66% in Q4 2022 to 4.37% in Q4 2023. Despite this decrease, the company has managed to maintain relatively stable margins around the 4.3% range throughout the year.
Overall, Cigna Group (The) has maintained a moderate level of operating profit margin over the quarters, indicating a reasonable level of operational efficiency and profitability despite some quarterly fluctuations. It would be important to continue monitoring future performance to assess any potential trends or shifts in the company's operating profitability.
Peer comparison
Dec 31, 2023