Return on Assets (ROA)
since 2005
Calculation
Cigna Group, ROA, long-term trends, calculation
| ROA | = | 100 | × | Shareholders’ net income1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 3.38% | = | 100 | × | 5,164) | ÷ | 152,761) |
| Dec 31, 2022 | 4.63% | = | 100 | × | 6,668) | ÷ | 143,932) |
| Dec 31, 2021 | 3.46% | = | 100 | × | 5,365) | ÷ | 154,889) |
| Dec 31, 2020 | 5.44% | = | 100 | × | 8,458) | ÷ | 155,451) |
| Dec 31, 2019 | 3.28% | = | 100 | × | 5,104) | ÷ | 155,774) |
| Dec 31, 2018 | 1.72% | = | 100 | × | 2,637) | ÷ | 153,226) |
| Dec 31, 2017 | 3.62% | = | 100 | × | 2,237) | ÷ | 61,759) |
| Dec 31, 2016 | 3.15% | = | 100 | × | 1,867) | ÷ | 59,360) |
| Dec 31, 2015 | 3.67% | = | 100 | × | 2,094) | ÷ | 57,088) |
| Dec 31, 2014 | 3.76% | = | 100 | × | 2,102) | ÷ | 55,896) |
| Dec 31, 2013 | 2.72% | = | 100 | × | 1,476) | ÷ | 54,336) |
| Dec 31, 2012 | 3.02% | = | 100 | × | 1,623) | ÷ | 53,734) |
| Dec 31, 2011 | 2.60% | = | 100 | × | 1,327) | ÷ | 51,047) |
| Dec 31, 2010 | 2.94% | = | 100 | × | 1,345) | ÷ | 45,682) |
| Dec 31, 2009 | 3.03% | = | 100 | × | 1,302) | ÷ | 43,013) |
| Dec 31, 2008 | 0.71% | = | 100 | × | 292) | ÷ | 41,406) |
| Dec 31, 2007 | 2.78% | = | 100 | × | 1,115) | ÷ | 40,065) |
| Dec 31, 2006 | 2.72% | = | 100 | × | 1,155) | ÷ | 42,399) |
| Dec 31, 2005 | 3.62% | = | 100 | × | 1,625) | ÷ | 44,863) |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Cigna Group, ROA, long-term trends, comparison to competitors
| Cigna Group | Abbott Laboratories | CVS Health Corp. | Elevance Health Inc. | Humana Inc. | Intuitive Surgical Inc. | Medtronic PLC | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 3.38% | 7.82% | 3.34% | 5.50% | 5.29% | 11.64% | 4.13% | 8.18% |
| Dec 31, 2022 | 4.63% | 9.31% | 1.82% | 5.86% | 6.52% | 10.19% | 5.54% | 8.19% |
| Dec 31, 2021 | 3.46% | 9.40% | 3.39% | 6.26% | 6.61% | 12.58% | 3.87% | 8.15% |
| Dec 31, 2020 | 5.44% | 6.20% | 3.11% | 5.28% | 9.63% | 9.50% | 5.28% | 7.81% |
| Dec 31, 2019 | 3.28% | 5.43% | 2.98% | 6.21% | 9.31% | 14.17% | 5.16% | 7.96% |
| Dec 31, 2018 | 1.72% | 3.53% | -0.30% | 5.24% | 6.62% | 14.37% | 3.40% | 7.87% |
| Dec 31, 2017 | 3.62% | 0.63% | 6.96% | 5.45% | 9.01% | 11.46% | 4.04% | 7.59% |
| Dec 31, 2016 | 3.15% | 2.66% | 5.63% | 3.79% | 2.42% | 11.34% | 3.55% | 5.71% |
| Dec 31, 2015 | 3.67% | 10.72% | 5.59% | 4.15% | 5.16% | 12.00% | 2.51% | 5.22% |
| Dec 31, 2014 | 3.76% | 5.53% | 6.25% | 4.14% | 4.89% | 10.58% | 8.08% | 6.50% |
| Dec 31, 2013 | 2.72% | 6.00% | 6.42% | 4.18% | 5.94% | 16.99% | 9.95% | 6.87% |
| Dec 31, 2012 | 3.02% | 8.87% | 5.88% | 4.50% | 6.12% | 16.18% | 10.93% | 6.83% |
| Dec 31, 2011 | 2.60% | 7.84% | 5.36% | 5.09% | 8.01% | 16.16% | 10.18% | 7.57% |
| Dec 31, 2010 | 2.94% | 7.78% | 5.51% | 5.75% | 6.83% | 15.97% | 11.03% | 7.35% |
| Dec 31, 2009 | 3.03% | 10.96% | 6.00% | 9.10% | 7.35% | 12.85% | 9.17% | 6.47% |
| Dec 31, 2008 | 0.71% | 11.51% | 5.27% | 5.15% | 4.96% | 13.86% | 10.05% | 5.33% |
| Dec 31, 2007 | 2.78% | 9.08% | 4.82% | 6.43% | 6.47% | 13.90% | 14.36% | 9.14% |
| Dec 31, 2006 | 2.72% | 4.75% | 6.65% | 5.98% | 4.81% | 10.72% | 12.95% | 8.61% |
| Dec 31, 2005 | 3.62% | 11.57% | 8.01% | 4.79% | 4.49% | 18.77% | 10.86% | 7.98% |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Health Care Equipment & Services)
Cigna Group, ROA, long-term trends, comparison to sector (health care equipment & services)
| Cigna Group | Health Care Equipment & Services | |
|---|---|---|
| Dec 31, 2023 | 3.38% | 5.50% |
| Dec 31, 2022 | 4.63% | 5.63% |
| Dec 31, 2021 | 3.46% | 5.63% |
| Dec 31, 2020 | 5.44% | 5.61% |
| Dec 31, 2019 | 3.28% | 5.18% |
| Dec 31, 2018 | 1.72% | 3.41% |
| Dec 31, 2017 | 3.62% | 5.36% |
| Dec 31, 2016 | 3.15% | 4.36% |
| Dec 31, 2015 | 3.67% | 4.92% |
| Dec 31, 2014 | 3.76% | 5.67% |
| Dec 31, 2013 | 2.72% | 5.98% |
| Dec 31, 2012 | 3.02% | 6.55% |
| Dec 31, 2011 | 2.60% | 6.43% |
| Dec 31, 2010 | 2.94% | 6.57% |
| Dec 31, 2009 | 3.03% | 7.39% |
| Dec 31, 2008 | 0.71% | 5.93% |
| Dec 31, 2007 | 2.78% | 7.06% |
| Dec 31, 2006 | 2.72% | 6.36% |
| Dec 31, 2005 | 3.62% | 6.89% |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Health Care)
Cigna Group, ROA, long-term trends, comparison to industry (health care)
| Cigna Group | Health Care | |
|---|---|---|
| Dec 31, 2023 | 3.38% | 6.35% |
| Dec 31, 2022 | 4.63% | 8.30% |
| Dec 31, 2021 | 3.46% | 8.19% |
| Dec 31, 2020 | 5.44% | 5.42% |
| Dec 31, 2019 | 3.28% | 7.18% |
| Dec 31, 2018 | 1.72% | 6.12% |
| Dec 31, 2017 | 3.62% | 5.31% |
| Dec 31, 2016 | 3.15% | 6.93% |
| Dec 31, 2015 | 3.67% | 7.37% |
| Dec 31, 2014 | 3.76% | 8.18% |
| Dec 31, 2013 | 2.72% | 8.29% |
| Dec 31, 2012 | 3.02% | 7.68% |
| Dec 31, 2011 | 2.60% | 7.00% |
| Dec 31, 2010 | 2.94% | 6.99% |
| Dec 31, 2009 | 3.03% | 9.19% |
| Dec 31, 2008 | 0.71% | 8.56% |
| Dec 31, 2007 | 2.78% | 8.18% |
| Dec 31, 2006 | 2.72% | 9.77% |
| Dec 31, 2005 | 3.62% | 9.09% |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).