Stock Analysis on Net

Cigna Group (NYSE:CI)

$24.99

Income Statement

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Cigna Group, consolidated income statement

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Pharmacy revenues
Premiums
Fees and other revenues
Revenues from external customers
Pharmacy and other service costs
Medical costs and other benefit expenses
Gross profit
Net investment income
Selling, general and administrative expenses
Amortization of acquired intangible assets
Income from operations
Interest expense on long-term and short-term debt
Other
Interest expense and other
Debt extinguishment costs
Gain (loss) on sale of businesses
Net realized investment gains (losses)
Income before income taxes
Income taxes
Net income
Net income attributable to noncontrolling interests
Shareholders’ net income

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Income statement item Description The company
Revenues from external customers Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Cigna Group revenues from external customers increased from 2021 to 2022 and from 2022 to 2023.
Income from operations The net result for the period of deducting operating expenses from operating revenues. Cigna Group income from operations increased from 2021 to 2022 and from 2022 to 2023.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Cigna Group income before income taxes increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Shareholders’ net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Cigna Group shareholders’ net income increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.