Cigna profit margin CI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 2.3%
- Operating margin, 12 months
- 3.5%
- Net margin on a year earlier
- +0.4 pts
- Peer median
- 1.8%
Over the twelve months to Jun 30, 2026, Cigna kept 2.3% of its revenue as net profit, with an operating margin of 3.5% and a gross margin of 20.6%.
Five years earlier its net margin was 4.9%.
The median for 6 health insurers of a similar size is 1.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 2.2% | 3.3% | 21.8% |
| FY2024 | 1.4% | 3.8% | 26.1% |
| FY2023 | 2.6% | 4.4% | 31.5% |
| FY2022 | 3.7% | 4.7% | 30.8% |
| FY2021 | 3.1% | 4.6% | 32.5% |
| FY2020 | 5.3% | 5.1% | 35.5% |
| FY2019 | 3.3% | 5.3% | 36.4% |
| FY2018 | 5.4% | 8.6% | 90.1% |
| FY2017 | 5.4% | n/a | 94.1% |
| FY2016 | 4.7% | n/a | 93.8% |
| FY2015 | 5.5% | n/a | 94.4% |
| FY2014 | 6.0% | n/a | n/a |
| FY2013 | 4.6% | n/a | n/a |
| FY2012 | 5.6% | n/a | n/a |
| FY2011 | 5.8% | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 2.3% | +0.4 pts | 3.5% | |
| Q1 FY26 | 2.3% | +0.3 pts | 3.4% | |
| Q4 FY25 | 2.2% | +0.8 pts | 3.3% | |
| Q3 FY25 | 2.3% | +1.0 pts | 3.4% | |
| Q2 FY25 | 1.9% | +0.2 pts | 3.4% | |
| Q1 FY25 | 2.0% | +0.2 pts | 3.6% | |
| Q4 FY24 | 1.4% | −1.3 pts | 3.8% | |
| Q3 FY24 | 1.3% | −1.5 pts | 4.0% | |
| Q2 FY24 | 1.7% | −1.9 pts | 4.1% | |
| Q1 FY24 | 1.8% | −1.9 pts | 4.3% | |
| Q4 FY23 | 2.6% | −1.1 pts | 4.4% | |
| Q3 FY23 | 2.8% | −0.9 pts | 4.3% |
Against its peers
Companies in Medical - Healthcare Plans nearest Cigna's size, closest first, today.
| Company | Profit margin |
|---|---|
| CICigna | 2.3% |
| ELVElevance Health | 2.5% |
| CVSCVS Health | 1.2% |
| HUMHumana | 0.9% |
| CNCCentene | −2.5% |
| UNHUnitedHealth | 3.5% |
| OSCROscar Health | 3.6% |
| Peer median | 1.8% |
Where Cigna ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Cigna
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.