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Cigna CI Operating margin

Operating margin at other companies

Humana logo
HumanaHUM
2.7%-1.7pp
CVS Health logo
CVS HealthCVS
1.5%-1.1pp
UnitedHealth Group logo
UnitedHealth GroupUNH
4.2%-4.0pp
Cencora logo
CencoraCOR
0.8%0.0pp
Centene logo
CenteneCNC
-3.7%-5.8pp
Cardinal Health logo
Cardinal HealthCAH
0.9%-0.1pp

Other financials

Income statement

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Revenue$68.5B+4.6%
Gross profit$14.4B-15.8%
Operating income$2.4B+19.6%
Net income$1.7B+25.0%
EPS (diluted)$6.26+29.1%

Balance sheet

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Cash & equivalents$7.0B-15.5%
Total equity$42.2B+4.9%
Total assets$153.27B+1.7%

Cash flow

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Operating cash flow$1.1B-41.1%

Valuation

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Market cap$75.42B-21.1%
P/E12.2×-7.1×
P/S0.3×-0.1×

Profitability

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Gross margin20.6%-5.2pp
Net margin2.2%+0.3pp

Returns & leverage

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Return on equity15%+2.8pp
Debt / equity0.0×
Current ratio0.8×0.0×

Where this comes from

Calculated from Cigna’s reported figures.

Based on trailing twelve months.

The official record: Cigna’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cigna's operating margin?
Cigna (CI) reported operating margin of 3.4% in Q1 2026.
How has Cigna's operating margin changed year-over-year?
Cigna's operating margin decreased by 3.5% year-over-year, from 3.6% to 3.4%.
What is the long-term trend for Cigna's operating margin?
Over 4 years (2021 to 2025), Cigna's operating margin has grown at a -7.3% compound annual growth rate (CAGR), from 18.6% to 13.7%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.