Cigna Historical Income Statement
| CI Stock | USD 336.50 1.50 0.45% |
Historical analysis of Cigna Corp income statement accounts such as Other Operating Expenses of 196 B or Operating Income of 9 B can show how well Cigna Corp performed in making a profits. Evaluating Cigna Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cigna Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Cigna Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cigna Corp is a good buy for the upcoming year.
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About Cigna Income Statement Analysis
Cigna Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Cigna Corp shareholders. The income statement also shows Cigna investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Cigna Corp Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cigna Corp. It is also known as Cigna Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Revenue
Total revenue comprises all receipts Cigna Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Cigna Corp minus its cost of goods sold. It is profit before Cigna Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Cigna Corp income statement and is an important metric when analyzing Cigna Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from Cigna Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cigna Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cigna Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.As of now, Cigna Corp's EBIT is decreasing as compared to previous years. The Cigna Corp's current EBITDA is estimated to increase to about 10.5 B, while Income Tax Expense is projected to decrease to under 133.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 140.7B | 148.4B | 158.9B | 166.8B | Total Revenue | 174.3B | 180.6B | 195.2B | 204.9B |
Cigna Corp income statement Correlations
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Cigna Corp income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 1.7B | 1.4B | 1.2B | 1.2B | 1.4B | 1.5B | |
| Other Operating Expenses | 147.2B | 149.7B | 167.5B | 171.7B | 186.7B | 196.0B | |
| Operating Income | (96.5B) | 8.7B | 8.4B | 9.5B | 8.5B | 9.0B | |
| Ebit | (96.5B) | 12.3B | 8.0B | 9.6B | 7.0B | 7.3B | |
| Ebitda | (92.9B) | 15.1B | 10.9B | 12.6B | 10.0B | 10.5B | |
| Total Operating Expenses | (250.3B) | (257.5B) | (289.0B) | 13.2B | 186.7B | 196.0B | |
| Net Income | 5.1B | 8.5B | 5.4B | 6.7B | 5.2B | 5.4B | |
| Income Tax Expense | 1.5B | 2.4B | 1.4B | 1.6B | 141M | 134.0M | |
| Total Revenue | 153.7B | 160.6B | 174.3B | 180.6B | 195.2B | 204.9B | |
| Gross Profit | 122.9B | 127.9B | 140.7B | 148.4B | 158.9B | 166.8B | |
| Income Before Tax | 6.6B | 10.9B | 6.8B | 8.4B | 5.5B | 3.1B | |
| Total Other Income Expense Net | 103.1B | 2.7B | (1.2B) | (1.1B) | (3.0B) | (2.9B) | |
| Depreciation And Amortization | 3.7B | 2.8B | 2.9B | 2.9B | 3.0B | 3.2B | |
| Cost Of Revenue | 30.8B | 32.7B | 33.6B | 32.2B | 36.3B | 25.7B | |
| Net Income Applicable To Common Shares | 5.1B | 8.5B | 5.4B | 6.7B | 7.7B | 8.1B | |
| Selling General Administrative | 14.1B | 14.1B | 12.2B | 12.7B | 14.8B | 10.2B | |
| Minority Interest | 44M | 41M | 31M | 50M | (159M) | (151.1M) | |
| Net Income From Continuing Ops | 5.1B | 8.5B | 5.4B | 6.7B | 5.5B | 4.6B | |
| Tax Provision | 1.5B | 2.4B | 1.4B | 1.6B | 141M | 134.0M | |
| Net Interest Income | (1.7B) | (1.4B) | (1.2B) | (1.2B) | (1.4B) | (1.5B) | |
| Interest Income | 1.7B | 1.4B | 1.2B | 1.2B | 1.4B | 1.1B | |
| Reconciled Depreciation | 3.7B | 2.8B | 2.9B | 2.9B | 3.0B | 2.6B | |
| Non Operating Income Net Other | (1.7B) | 2.6B | (1.3B) | 434M | 499.1M | 524.1M |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cigna Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cigna Corp. If investors know Cigna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cigna Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.45) | Dividend Share 5.43 | Earnings Share 10.55 | Revenue Per Share 808.024 | Quarterly Revenue Growth 0.28 |
The market value of Cigna Corp is measured differently than its book value, which is the value of Cigna that is recorded on the company's balance sheet. Investors also form their own opinion of Cigna Corp's value that differs from its market value or its book value, called intrinsic value, which is Cigna Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cigna Corp's market value can be influenced by many factors that don't directly affect Cigna Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cigna Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cigna Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cigna Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.