Cigna Corp (CI)

Return on assets (ROA)

		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
Total assets	US$ in thousands	155,881,000	152,761,000	143,932,000	154,889,000	155,451,000
ROA		0.22%	3.38%	4.66%	3.47%	5.44%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $344,000K ÷ $155,881,000K
= 0.22%

Cigna Corp's return on assets (ROA) has demonstrated a fluctuating trend over the past five years, based on the provided data. As of December 31, 2020, the ROA stood at 5.44%, indicating that the company generated $5.44 in profit for every $100 of assets it possessed. However, there was a decline in performance by the end of 2021, with the ROA decreasing to 3.47%.

In 2022, there was a slight improvement in performance, as the ROA increased to 4.66%, suggesting that the company was able to generate higher profitability relative to its asset base. Subsequently, in 2023, the ROA declined again to 3.38%, indicating a decrease in the efficiency of asset utilization to generate profits.

By the end of 2024, Cigna Corp experienced a significant decrease in its ROA, dropping to 0.22%. This sharp decline may suggest challenges in effectively utilizing its assets to generate profits, which could be influenced by various factors such as increased expenses, declining revenues, or asset impairment.

Overall, the trend in Cigna Corp's ROA over the five-year period indicates some variability in the company's ability to generate profits relative to its asset base. Further analysis of the company's financial performance and underlying factors affecting its ROA would be necessary to gain a comprehensive understanding of its financial health and operational efficiency.