Cigna Corp (CI)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,434,000 | 3,039,000 | 3,708,000 | 3,620,000 | 5,164,000 | 5,304,000 | 6,653,000 | 6,750,000 | 6,680,000 | 6,627,000 | 5,491,000 | 5,401,000 | 5,365,000 | 8,384,000 | 8,151,000 | 8,438,000 | 8,458,000 | 5,300,000 | 5,263,000 | 4,917,000 |
| 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 |
| ROA | 2.20% | 1.93% | 2.46% | 2.44% | 3.49% | 3.54% | 4.43% | 4.56% | 4.64% | 4.60% | 3.60% | 3.54% | 3.46% | 5.44% | 5.29% | 5.55% | 5.44% | 3.31% | 3.30% | 3.18% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $3,434,000K ÷ $155,881,000K
= 2.20%
The return on assets (ROA) for Cigna Corp has shown some fluctuations over the period from March 2020 to December 2024. The ROA started at 3.18% in March 2020 and gradually increased to 5.55% by March 2021, indicating an improving efficiency in generating profits relative to its assets. However, there was a slight decrease to 5.29% by June 2021, followed by another peak at 5.44% in September 2021.
Subsequently, the ROA experienced a decline to 3.46% by December 2021. From March 2022 to September 2022, there was a gradual increase in ROA, reaching a peak of 4.64% by December 2022. However, the ROA started to decline in the following periods, dropping to 3.49% by December 2023.
The ROA decreased further to 2.44% by March 2024 and stayed relatively stable around the 2% mark until December 2024, where it stood at 2.20%. Overall, the ROA of Cigna Corp has exhibited variability over the period, with fluctuations indicating changes in the company's ability to generate profits relative to its assets. The decreasing trend towards the end of the period may warrant further analysis to understand the factors influencing the company's profitability.
Peer comparison
Dec 31, 2024