Cigna Corp (CI)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 9,417,000 | 8,536,000 | 8,450,000 | 7,941,000 | 8,153,000 |
| Total assets | US$ in thousands | 155,881,000 | 152,761,000 | 143,932,000 | 154,889,000 | 155,451,000 |
| Operating ROA | 6.04% | 5.59% | 5.87% | 5.13% | 5.24% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $9,417,000K ÷ $155,881,000K
= 6.04%
Based on the data provided, Cigna Corp's operating return on assets (operating ROA) has shown a relatively stable trend over the period from December 31, 2020, to December 31, 2024. The operating ROA started at 5.24% in 2020, decreased slightly to 5.13% in 2021, then increased to 5.87% in 2022, followed by a slight dip to 5.59% in 2023, and finally rose to 6.04% in 2024.
This trend indicates that Cigna Corp has been effective in generating operating income relative to its assets, with a general improvement in performance over the period. The company's ability to maintain a consistent operating ROA suggests efficient asset utilization and effective management of operations.
Overall, the increasing trend in operating ROA indicates that Cigna Corp has been successful in generating operating profits from its assets, which is a positive sign for the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024