Cigna Group (CI) FY2021 results: revenue $174.1 billion, up 8.5% on the year
Cigna Group (CI) reported revenue of $174.1 billion for fiscal 2021, the year ended 31 December 2021, up 8.5% on the year before. Net income was $5.4 billion, down 36.6%, and diluted earnings per share $15.73. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$174.1 billion
+8.5% on the year
FY2016FY2021
Operating margin
4.6%
5.1% a year earlier
FY2016FY2021
Net income
$5.4 billion
-36.6% on the year
FY2016FY2021
Diluted EPS
$15.73
-31.5% on the year
FY2016FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
7,191
10,350
9,485
-30.5%
Capital expenditure
n/a
n/a
1,050
Free cash flow
n/a
n/a
8,435
Free cash flow margin
n/a
n/a
5.5%
Cash from investing
-3,611
2,976
-734
Cash from financing
-8,212
-8,533
-7,187
Depreciation and amortisation
2,923
2,802
3,651
+4.3%
Share-based compensation
268
289
299
-7.3%
Buybacks
7,742
4,042
1,987
+91.5%
Dividends paid
1,341
15.0
15.0
+8,840.0%
Dividend per share
$4.00
$0.04
$0.04
+9,900.0%
Diluted shares, weighted
341m
368m
380m
-7.4%
Shares outstanding at period end
323m
355m
373m
-9.0%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
47,112
50,321
45,338
-6.4%
Non-controlling interest
18.0
7.0
6.0
+157.1%
Redeemable equity
54.0
58.0
35.0
-6.9%
Debt
33,670
32,919
37,407
+2.3%
Operating lease liabilities
n/a
491
465
Finance lease liabilities
28.0
36.0
61.0
-22.2%
Other liabilities
74,007
71,619
72,462
+3.3%
Total liabilities and equity
154,889
155,451
155,774
-0.4%
Fixed assets
3,692
4,205
4,417
-12.2%
Goodwill
45,811
44,648
44,602
+2.6%
Intangible assets
34,102
35,179
36,562
-3.1%
Investments
19,358
24,593
22,479
-21.3%
Cash and equivalents
5,081
10,182
4,619
-50.1%
Receivables
15,071
12,191
10,716
+23.6%
Inventory
3,722
3,165
2,661
+17.6%
Other assets
28,052
21,288
29,718
+31.8%
Total assets
154,889
155,451
155,774
-0.4%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.