The Cigna Group (CI)

The Cigna Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	45,668	44,237	39,916	41,154	42,627	39,714
Total Interest & Dividend Income	986	1,166	1,155	1,549	1,244	1,390
Gain (Loss) on Sale of Investments	-2,839	-78	-487	198	149	177
Non-Insurance Activities Revenue	172,025	137,243	128,566	121,413	107,769	103,099
Other Revenue	13,907	12,619	10,881	9,953	8,761	9,363
Total Revenue	229,747	195,187	180,031	174,267	160,550	153,743
Revenue Growth (YoY)	21.00%	8.42%	3.31%	8.54%	4.43%	216.55%
Policy Benefits	37,762	36,287	32,184	33,565	32,710	30,819
Amortization of Goodwill & Intangibles	1,730	1,819	1,876	1,998	1,982	2,949
Selling, General & Administrative	14,587	14,324	13,045	12,702	13,590	13,243
Non-Insurance Activities Expense	168,749	133,801	124,834	117,553	103,484	97,668
Total Operating Expenses	222,863	186,277	172,004	165,907	151,836	144,751
Operating Income	6,884	8,910	8,027	8,360	8,714	8,992
Interest Expense	-1,500	-1,400	-1,300	-1,300	-1,400	-1,600
Other Non Operating Income (Expenses)	102	-	137	181	32	132
EBT Excluding Unusual Items	5,486	7,510	6,864	7,241	7,346	7,524
Merger & Restructuring Charges	-454	-297	-157	-337	-558	-759
Gain (Loss) on Sale of Assets	-1,584	-1,499	1,662	-	4,203	-
Legal Settlements	-	-201	28	27	-25	-193
Other Unusual Items	-	-	-	-141	-98	-2
Pretax Income	3,448	5,513	8,397	6,790	10,868	6,570
Income Tax Expense	99	141	1,615	1,370	2,379	1,450
Earnings From Continuing Ops.	3,349	5,372	6,782	5,420	8,489	5,120
Minority Interest in Earnings	-310	-208	-78	-50	-31	-16
Net Income	3,039	5,164	6,704	5,370	8,458	5,104
Net Income to Common	3,039	5,164	6,704	5,370	8,458	5,104
Net Income Growth	-42.96%	-22.97%	24.84%	-36.51%	65.71%	93.55%
Shares Outstanding (Basic)	284	294	310	338	365	376
Shares Outstanding (Diluted)	287	297	313	341	368	380
Shares Change (YoY)	-4.06%	-5.17%	-8.18%	-7.44%	-3.01%	51.79%
EPS (Basic)	10.69	17.57	21.66	15.89	23.17	13.58
EPS (Diluted)	10.57	17.39	21.41	15.75	22.96	13.44
EPS Growth	-40.55%	-18.78%	35.94%	-31.40%	70.83%	27.51%
Free Cash Flow	5,184	10,240	7,361	6,037	9,256	8,435
Free Cash Flow Per Share	18.04	34.49	23.51	17.71	25.13	22.21
Dividend Per Share	5.430	4.920	4.480	4.000	0.040	0.040
Dividend Growth	12.89%	9.82%	12.00%	9900.00%	0%	0%
Operating Margin	3.00%	4.56%	4.46%	4.80%	5.43%	5.85%
Profit Margin	1.32%	2.65%	3.72%	3.08%	5.27%	3.32%
Free Cash Flow Margin	2.26%	5.25%	4.09%	3.46%	5.77%	5.49%
EBITDA	8,555	10,722	9,884	10,161	10,517	11,759
EBITDA Margin	3.72%	5.49%	5.49%	5.83%	6.55%	7.65%
D&A For EBITDA	1,671	1,812	1,857	1,801	1,803	2,767
EBIT	6,884	8,910	8,027	8,360	8,714	8,992
EBIT Margin	3.00%	4.56%	4.46%	4.80%	5.43%	5.85%
Effective Tax Rate	2.87%	2.56%	19.23%	20.18%	21.89%	22.07%
Revenue as Reported	232,586	195,265	180,518	174,069	160,401	153,566

Source: S&P Capital IQ. Insurance template. Financial Sources.