Cigna
CI stock analysis · Health Care · Health Care Services
As of · fund-implied per-share value
Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.
View SEC fund filing ↗Price × SEC outstanding shares. Shares measured 2026-04-24. Approximate; share and price dates can differ.
View share-count filing ↗Reviewed debt balance
Reviewed consolidated balance-sheet debt: current debt 592000000 plus noncurrent debt 30871000000, in USD. Includes current borrowings/current maturities already reported in the current debt line; current borrowings are included once in the capital calculation. Uses debt carrying amounts as presented, including financing leases only where included by the issuer; excludes operating leases and trade/insurance liabilities. This is a book-capital proxy, not fair value or a claim that every other liability is financing debt. Applies only to this reviewed fiscal period. Read the financial statement ↗
DCF value
Requires positive annual FCF, usable shares and discount rate above terminal growth.
How this is calculated ↗Reverse DCF
No solution in −50% to +100% growth, or nonpositive FCF / invalid assumptions.
How this is calculated ↗Relative valuation
52 sector peers · median 26.0×
How this is calculated ↗Historical multiples
7 annual observations · snapshot P/E 12.2× · -15.4% versus history
How this is calculated ↗Free cash flow yield
Operating cash flow or capital expenditure is missing.
How this is calculated ↗ROIC / quality
Normalized tax · financing-capital proxy
How this is calculated ↗Value composite
Requires three valuation yields and at least five covered sector peers.
How this is calculated ↗12–1 price momentum
Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.
How this is calculated ↗Asset growth
Annual basis · read assumptions below
How this is calculated ↗Net payout yield
Annual basis · read assumptions below
How this is calculated ↗Accrual quality
Annual basis · read assumptions below
How this is calculated ↗Fundamental momentum
Annual basis · read assumptions below
How this is calculated ↗Follow the cash
ANNUAL · USDOperating cash flow and reinvestment over time
Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.
Make the assumptions yours
How sensitive is the valuation?
| Return / Growth | 3.0% | 5.0% | 7.0% |
|---|---|---|---|
| 8.0% | — | — | — |
| 10.0% | — | — | — |
| 12.0% | — | — | — |
Annual financial history
Open SEC filings ↗| Fiscal year-end | Revenue | Net income | Operating cash flow | Capital expenditure | Assets |
|---|---|---|---|---|---|
| 2025-12-31 | 274.9B | 6.3B | 9.6B | — | 157.9B |
| 2024-12-31 | 247.1B | 3.8B | 10.4B | — | 155.9B |
| 2023-12-31 | 195.3B | 5.4B | 11.8B | — | 152.8B |
| 2022-12-31 | 180.5B | 6.8B | 8.7B | — | 143.9B |
| 2021-12-31 | 174.1B | 5.4B | 7.2B | — | 154.9B |
| 2020-12-31 | 160.4B | 8.5B | 10.4B | — | 155.5B |
| 2019-12-31 | 153.6B | 5.1B | 9.5B | 1.1B | 155.8B |
| 2018-12-31 | 48.7B | 2.6B | 3.8B | 528M | 153.2B |
USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.
Trace the inputs
MODEL ANNUAL PERIOD| Input | Value | SEC tag / source | Filed |
|---|---|---|---|
| revenue | 274.9B | Revenues | 2026-02-26 |
| netIncome | 6.3B | ProfitLoss Explicit consolidated amount, including the portion attributable to noncontrolling interests. | 2026-02-26 |
| Parent/common earnings proxy | 6B | NetIncomeLoss | 2026-02-26 |
| cfo | 9.6B | NetCashProvidedByUsedInOperatingActivities | 2026-02-26 |
| capex | — | Not reported under a supported tag | — |
| operatingIncome | 9.2B | OperatingIncomeLoss | 2026-02-26 |
| assets | 157.9B | Assets | 2026-02-26 |
| equity | 41.9B | StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest Explicit consolidated amount, including the portion attributable to noncontrolling interests. | 2026-02-26 |
| Parent book equity proxy | 41.7B | StockholdersEquity | 2026-02-26 |
| debt | 31.5B | Reviewed manual correction Reviewed consolidated balance-sheet debt: current debt 592000000 plus noncurrent debt 30871000000, in USD. Includes current borrowings/current maturities already reported in the current debt line; current borrowings are included once in the capital calculation. Uses debt carrying amounts as presented, including financing leases only where included by the issuer; excludes operating leases and trade/insurance liabilities. This is a book-capital proxy, not fair value or a claim that every other liability is financing debt. Applies only to this reviewed fiscal period. | 2026-02-26 |
| shortDebt | — | Not reported under a supported tag | — |
| cash | 7.7B | CashAndCashEquivalentsAtCarryingValue | 2026-02-26 |
| shares | 268.6M | WeightedAverageNumberOfDilutedSharesOutstanding | 2026-02-26 |
| dividends | 1.6B | PaymentsOfDividendsCommonStock | 2026-02-26 |
| buybacks | 3.6B | PaymentsForRepurchaseOfCommonStock | 2026-02-26 |
| issuance | 203M | ProceedsFromIssuanceOfCommonStock | 2026-02-26 |