Cigna Corp (CI)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 8,409,000 | 8,460,000 | 8,968,000 | 8,777,000 | 8,536,000 | 8,201,000 | 8,103,000 | 8,253,000 | 8,426,000 | 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 |
| Total assets | US$ in thousands | 155,881,000 | 157,639,000 | 150,851,000 | 148,447,000 | 147,926,000 | 149,645,000 | 150,054,000 | 147,976,000 | 143,932,000 | 144,209,000 | 152,630,000 | 152,610,000 | 154,889,000 | 154,251,000 | 154,207,000 | 152,081,000 | 155,451,000 | 160,044,000 | 159,628,000 | 154,711,000 |
| Operating ROA | 5.39% | 5.37% | 5.94% | 5.91% | 5.77% | 5.48% | 5.40% | 5.58% | 5.85% | 5.71% | 5.50% | 5.35% | 5.12% | 5.02% | 4.90% | 5.29% | 5.24% | 5.23% | 5.25% | 5.11% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $8,409,000K ÷ $155,881,000K
= 5.39%
The operating return on assets (operating ROA) for Cigna Corp has shown some fluctuations over the past few years. The trend shows an increase from March 31, 2020, to June 30, 2022, indicating an improvement in the company's profitability in relation to its total assets. However, there was a slight dip in the operating ROA from June 30, 2022, to September 30, 2024.
Overall, Cigna Corp's operating ROA ranged from 4.90% to 5.94% during the period analyzed, with the highest value recorded on June 30, 2024. This indicates that, on average, the company generated between approximately 4.90% and 5.94% in operating income for every dollar of assets held during this timeframe.
It is important to note that the operating ROA provides insight into Cigna Corp's operational efficiency in utilizing its assets to generate profits. The fluctuations observed may be influenced by various factors such as changes in revenue, expenses, asset management, and overall business performance. Monitoring this ratio over time allows stakeholders to assess the company's ability to generate profits from its operational activities relative to its asset base.
Peer comparison
Dec 31, 2024