Return on Equity (ROE)
since 2005
Calculation
Cigna Group, ROE, long-term trends, calculation
| ROE | = | 100 | × | Shareholders’ net income1 | ÷ | Shareholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 11.17% | = | 100 | × | 5,164) | ÷ | 46,223) |
| Dec 31, 2022 | 14.86% | = | 100 | × | 6,668) | ÷ | 44,872) |
| Dec 31, 2021 | 11.39% | = | 100 | × | 5,365) | ÷ | 47,112) |
| Dec 31, 2020 | 16.81% | = | 100 | × | 8,458) | ÷ | 50,321) |
| Dec 31, 2019 | 11.26% | = | 100 | × | 5,104) | ÷ | 45,338) |
| Dec 31, 2018 | 6.43% | = | 100 | × | 2,637) | ÷ | 41,028) |
| Dec 31, 2017 | 16.32% | = | 100 | × | 2,237) | ÷ | 13,711) |
| Dec 31, 2016 | 13.60% | = | 100 | × | 1,867) | ÷ | 13,723) |
| Dec 31, 2015 | 17.40% | = | 100 | × | 2,094) | ÷ | 12,035) |
| Dec 31, 2014 | 19.51% | = | 100 | × | 2,102) | ÷ | 10,774) |
| Dec 31, 2013 | 13.97% | = | 100 | × | 1,476) | ÷ | 10,567) |
| Dec 31, 2012 | 16.61% | = | 100 | × | 1,623) | ÷ | 9,769) |
| Dec 31, 2011 | 15.90% | = | 100 | × | 1,327) | ÷ | 8,344) |
| Dec 31, 2010 | 20.24% | = | 100 | × | 1,345) | ÷ | 6,645) |
| Dec 31, 2009 | 24.04% | = | 100 | × | 1,302) | ÷ | 5,417) |
| Dec 31, 2008 | 8.13% | = | 100 | × | 292) | ÷ | 3,592) |
| Dec 31, 2007 | 23.48% | = | 100 | × | 1,115) | ÷ | 4,748) |
| Dec 31, 2006 | 26.67% | = | 100 | × | 1,155) | ÷ | 4,330) |
| Dec 31, 2005 | 30.32% | = | 100 | × | 1,625) | ÷ | 5,360) |
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, ROE, 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 | 11.17% | 14.83% | 10.91% | 15.23% | 15.31% | 13.51% | 7.30% | 25.22% |
| Dec 31, 2022 | 14.86% | 18.90% | 5.84% | 16.59% | 18.33% | 11.98% | 9.59% | 25.87% |
| Dec 31, 2021 | 11.39% | 19.75% | 10.54% | 16.93% | 18.24% | 14.32% | 7.01% | 24.09% |
| Dec 31, 2020 | 16.81% | 13.71% | 10.35% | 13.77% | 24.53% | 10.90% | 9.44% | 23.52% |
| Dec 31, 2019 | 11.26% | 11.86% | 10.39% | 15.15% | 22.49% | 16.69% | 9.25% | 24.02% |
| Dec 31, 2018 | 6.43% | 7.76% | -1.02% | 13.14% | 16.56% | 16.89% | 6.12% | 23.19% |
| Dec 31, 2017 | 16.32% | 1.54% | 17.57% | 14.50% | 24.87% | 13.97% | 8.01% | 22.10% |
| Dec 31, 2016 | 13.60% | 6.82% | 14.44% | 9.84% | 5.75% | 12.74% | 6.80% | 18.33% |
| Dec 31, 2015 | 17.40% | 20.85% | 14.08% | 11.11% | 12.33% | 13.63% | 5.03% | 17.18% |
| Dec 31, 2014 | 19.51% | 10.61% | 12.23% | 10.60% | 11.89% | 12.39% | 15.76% | 17.31% |
| Dec 31, 2013 | 13.97% | 10.23% | 12.10% | 10.05% | 13.21% | 19.16% | 18.57% | 17.50% |
| Dec 31, 2012 | 16.61% | 22.32% | 10.28% | 11.16% | 13.81% | 18.34% | 21.14% | 17.72% |
| Dec 31, 2011 | 15.90% | 19.35% | 9.10% | 11.36% | 17.60% | 18.71% | 19.39% | 18.17% |
| Dec 31, 2010 | 20.24% | 20.66% | 9.09% | 12.12% | 15.88% | 18.74% | 21.18% | 17.94% |
| Dec 31, 2009 | 24.04% | 25.14% | 10.33% | 19.09% | 18.00% | 15.13% | 16.88% | 16.19% |
| Dec 31, 2008 | 8.13% | 27.92% | 9.29% | 11.62% | 14.52% | 16.13% | 19.34% | 14.33% |
| Dec 31, 2007 | 23.48% | 20.28% | 8.42% | 14.55% | 20.69% | 16.26% | 25.53% | 23.20% |
| Dec 31, 2006 | 26.67% | 12.22% | 13.80% | 12.59% | 15.96% | 12.22% | 27.14% | 19.99% |
| Dec 31, 2005 | 30.32% | 23.39% | 14.70% | 9.86% | 12.47% | 21.27% | 17.26% | 18.61% |
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, ROE, long-term trends, comparison to sector (health care equipment & services)
| Cigna Group | Health Care Equipment & Services | |
|---|---|---|
| Dec 31, 2023 | 11.17% | 15.02% |
| Dec 31, 2022 | 14.86% | 15.36% |
| Dec 31, 2021 | 11.39% | 15.06% |
| Dec 31, 2020 | 16.81% | 15.16% |
| Dec 31, 2019 | 11.26% | 14.26% |
| Dec 31, 2018 | 6.43% | 9.39% |
| Dec 31, 2017 | 16.32% | 13.94% |
| Dec 31, 2016 | 13.60% | 11.31% |
| Dec 31, 2015 | 17.40% | 12.64% |
| Dec 31, 2014 | 19.51% | 13.70% |
| Dec 31, 2013 | 13.97% | 13.65% |
| Dec 31, 2012 | 16.61% | 15.84% |
| Dec 31, 2011 | 15.90% | 14.97% |
| Dec 31, 2010 | 20.24% | 15.36% |
| Dec 31, 2009 | 24.04% | 17.15% |
| Dec 31, 2008 | 8.13% | 14.71% |
| Dec 31, 2007 | 23.48% | 16.97% |
| Dec 31, 2006 | 26.67% | 16.84% |
| Dec 31, 2005 | 30.32% | 16.86% |
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, ROE, long-term trends, comparison to industry (health care)
| Cigna Group | Health Care | |
|---|---|---|
| Dec 31, 2023 | 11.17% | 17.95% |
| Dec 31, 2022 | 14.86% | 22.36% |
| Dec 31, 2021 | 11.39% | 22.87% |
| Dec 31, 2020 | 16.81% | 16.00% |
| Dec 31, 2019 | 11.26% | 21.03% |
| Dec 31, 2018 | 6.43% | 17.45% |
| Dec 31, 2017 | 16.32% | 14.32% |
| Dec 31, 2016 | 13.60% | 17.89% |
| Dec 31, 2015 | 17.40% | 18.18% |
| Dec 31, 2014 | 19.51% | 18.66% |
| Dec 31, 2013 | 13.97% | 18.20% |
| Dec 31, 2012 | 16.61% | 17.48% |
| Dec 31, 2011 | 15.90% | 15.35% |
| Dec 31, 2010 | 20.24% | 14.63% |
| Dec 31, 2009 | 24.04% | 19.52% |
| Dec 31, 2008 | 8.13% | 18.97% |
| Dec 31, 2007 | 23.48% | 17.18% |
| Dec 31, 2006 | 26.67% | 20.41% |
| Dec 31, 2005 | 30.32% | 18.45% |
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).