Cigna Group (CI) FY2024 results: revenue $247.1 billion, up 26.6% on the year
Cigna Group (CI) reported revenue of $247.1 billion for fiscal 2024, the year ended 31 December 2024, up 26.6% on the year before. Net income was $3.4 billion, down 33.5%, and diluted earnings per share $12.12. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2025.
Revenue
$247.1 billion
+26.6% on the year
FY2017FY2024
Operating margin
3.8%
4.4% a year earlier
FY2017FY2024
Net income
$3.4 billion
-33.5% on the year
FY2017FY2024
Diluted EPS
$12.12
-30.3% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
10,363
11,813
8,656
-12.3%
Cash from investing
-2,102
-5,174
3,098
Cash from financing
-7,647
-4,294
-11,240
Depreciation and amortisation
2,775
3,035
2,937
-8.6%
Share-based compensation
308
286
264
+7.7%
Buybacks
7,034
2,284
7,607
+208.0%
Dividends paid
1,567
1,450
1,384
+8.1%
Dividend per share
$5.60
$4.92
$4.48
+13.8%
Diluted shares, weighted
283m
297m
313m
-4.6%
Shares outstanding at period end
274m
293m
299m
-6.4%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
41,033
46,223
44,675
-11.2%
Non-controlling interest
210
21.0
13.0
+900.0%
Redeemable equity
0.0
107
66.0
Debt
31,972
30,930
31,093
+3.4%
Operating lease liabilities
n/a
340
346
Finance lease liabilities
41.0
66.0
66.0
-37.9%
Other liabilities
82,625
75,074
67,673
+10.1%
Total liabilities and equity
155,881
152,761
143,932
+2.0%
Fixed assets
n/a
n/a
3,774
Goodwill
44,370
44,259
45,811
+0.3%
Intangible assets
29,417
30,863
32,492
-4.7%
Investments
15,793
18,910
17,193
-16.5%
Cash and equivalents
7,550
7,822
5,924
-3.5%
Receivables
24,227
17,722
17,218
+36.7%
Inventory
6,692
5,645
4,777
+18.5%
Other assets
27,832
27,540
16,743
+1.1%
Total assets
155,881
152,761
143,932
+2.0%
10-K for the year ended 31 December 2024, filed 27 February 2025: the filing.