Stock Analysis on Net

Cigna Group (NYSE:CI)

$24.99

Analysis of Reportable Segments

Microsoft Excel

Segment Profit Margin

Cigna Group, profit margin by reportable segment

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Evernorth Health Services
Cigna Healthcare
Other Operations

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).

Segment profitability ratio Reportable segment The company
Segment profit margin Evernorth Health Services Evernorth Health Services segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023.
Cigna Healthcare Cigna Healthcare segment profit margin ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.
Other Operations Other Operations segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023.

Segment Profit Margin: Evernorth Health Services

Cigna Group; Evernorth Health Services; segment profit margin calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Pre-tax adjusted income (loss) from operations
Adjusted revenues
Segment Profitability Ratio
Segment profit margin1

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).

1 2023 Calculation
Segment profit margin = 100 × Pre-tax adjusted income (loss) from operations ÷ Adjusted revenues
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Evernorth Health Services Evernorth Health Services segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023.

Segment Profit Margin: Cigna Healthcare

Cigna Group; Cigna Healthcare; segment profit margin calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Pre-tax adjusted income (loss) from operations
Adjusted revenues
Segment Profitability Ratio
Segment profit margin1

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).

1 2023 Calculation
Segment profit margin = 100 × Pre-tax adjusted income (loss) from operations ÷ Adjusted revenues
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Cigna Healthcare Cigna Healthcare segment profit margin ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.

Segment Profit Margin: Other Operations

Cigna Group; Other Operations; segment profit margin calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Pre-tax adjusted income (loss) from operations
Adjusted revenues
Segment Profitability Ratio
Segment profit margin1

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).

1 2023 Calculation
Segment profit margin = 100 × Pre-tax adjusted income (loss) from operations ÷ Adjusted revenues
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Other Operations Other Operations segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023.

Adjusted revenues

Cigna Group, adjusted revenues by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Evernorth Health Services
Cigna Healthcare
Other Operations
Corporate and eliminations
Total

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).


Pre-tax adjusted income (loss) from operations

Cigna Group, pre-tax adjusted income (loss) from operations by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Evernorth Health Services
Cigna Healthcare
Other Operations
Corporate and eliminations
Total

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).