financial statements

The full income statement, balance sheet, and cash-flow statement for The Cigna Group (CI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	275B YoY+11.2%	247B YoY+26.6%	195B YoY+8.2%	181B YoY+3.7%	174B YoY+8.5%
Cost of revenue	215B YoY+17.8%	183B YoY+36.4%	134B YoY+7.2%	125B YoY+6.2%	118B YoY+13.6%
Selling, general & administrative	14.6B YoY-1.5%	14.8B YoY+0.1%	14.8B YoY+12.5%	13.2B YoY+1.2%	13.0B YoY-7.5%
Restructuring	—	0.00 YoY-100.0%	252M YoY+1045.5%	22.0M YoY-86.9%	168M
Amortization of intangibles	1.74B YoY+2.3%	1.70B YoY-6.4%	1.82B YoY-3.0%	1.88B YoY-6.1%	2.00B YoY+0.8%
Operating income	9.20B YoY-2.3%	9.42B YoY+10.3%	8.54B YoY+1.0%	8.45B YoY+6.4%	7.94B YoY-2.6%
Other non-operating income	-1.41B YoY+1.9%	-1.44B YoY+0.8%	-1.45B YoY-17.8%	-1.23B YoY-1.7%	-1.21B YoY+16.0%
Pre-tax income	7.78B YoY+47.7%	5.27B YoY-4.4%	5.51B YoY-34.3%	8.40B YoY+23.7%	6.79B YoY-37.5%
Income tax	1.49B YoY+0.1%	1.49B YoY+957.4%	141M YoY-91.3%	1.61B YoY+17.9%	1.37B YoY-42.4%
	5.96B YoY+73.5%	3.43B YoY-33.5%	5.16B YoY-23.9%	6.78B YoY+25.1%	5.42B YoY-36.2%
Net income to non-controlling interest	331M YoY-3.8%	344M YoY+65.4%	208M YoY+166.7%	78.0M YoY+56.0%	50.0M YoY+61.3%
Net income to common	—	3.43B YoY-33.5%	5.16B YoY-23.0%	6.70B YoY+24.8%	5.37B YoY-36.5%
	$22.18 YoY+83.0%	$12.12 YoY-30.3%	$17.39 YoY-18.8%	$21.41 YoY+35.9%	$15.75 YoY-31.4%
EPS (basic)	$22.33 YoY+82.3%	$12.25 YoY-30.3%	$17.57 YoY-18.9%	$21.66 YoY+36.3%	$15.89 YoY-31.4%
Weighted-avg shares (diluted)	269M YoY-5.2%	283M YoY-4.6%	297M YoY-5.2%	313M YoY-8.2%	341M YoY-7.4%
Dividends per share	$6.04 YoY+7.9%	$5.60 YoY+13.8%	$4.92 YoY+9.8%	$4.48 YoY+12.0%	$4.00 YoY+9900.0%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	47.8B YoY-2.2%	48.9B YoY+30.8%	37.4B YoY+24.0%	30.1B YoY-16.6%	36.1B YoY+30.0%
Cash & equivalents	7.68B YoY+1.7%	7.55B YoY-3.5%	7.82B YoY+32.0%	5.92B YoY+16.6%	5.08B YoY-50.1%
Short-term investments	1.06B YoY+58.8%	665M YoY-28.1%	925M YoY+2.2%	905M YoY-1.6%	920M YoY-30.9%
Accounts receivable	28.8B YoY+18.7%	24.2B YoY+36.7%	17.7B YoY+2.9%	17.2B YoY+14.2%	15.1B YoY+23.6%
Inventory	7.34B YoY+9.7%	6.69B YoY+18.5%	5.64B YoY+18.2%	4.78B YoY+28.3%	3.72B YoY+17.6%
Other current assets	2.98B YoY+8.9%	2.73B YoY+26.0%	2.17B YoY+67.1%	1.30B YoY+1.2%	1.28B YoY+38.0%
	158B YoY+1.3%	156B YoY+2.0%	153B YoY+6.2%	144B YoY-7.1%	155B YoY-0.4%
Property, plant & equipment	3.65B YoY-3.3%	3.77B YoY+0.0%	3.77B YoY+0.0%	3.77B YoY+2.2%	3.69B YoY-12.2%
Operating lease right-of-use	370M YoY+0.0%	370M YoY+0.0%	370M YoY-1.3%	375M YoY-27.7%	519M YoY-6.0%
Goodwill	44.9B YoY+1.2%	44.4B YoY+0.3%	44.3B YoY-3.4%	45.8B YoY+0.0%	45.8B YoY+2.6%
Intangible assets	28.6B YoY-2.9%	29.4B YoY-4.7%	30.9B YoY-5.0%	32.5B YoY-4.7%	34.1B YoY-3.1%
Long-term investments	18.5B YoY+22.1%	15.1B YoY-15.9%	18.0B YoY+10.4%	16.3B YoY-11.7%	18.4B YoY-20.7%
Other non-current assets	2.88B YoY+3.6%	2.79B YoY-18.6%	3.42B YoY+26.5%	2.70B YoY-20.6%	3.40B YoY+26.7%
	56.3B YoY-2.8%	58.0B YoY+19.0%	48.7B YoY+18.2%	41.2B YoY-5.4%	43.6B YoY+21.0%
Accounts payable	10.7B YoY+14.7%	9.29B YoY+8.7%	8.55B YoY+10.0%	7.78B YoY+16.8%	6.66B YoY+21.5%
Short-term & current debt	592M YoY-80.5%	3.04B YoY+9.4%	2.77B YoY-7.3%	2.99B YoY+17.6%	2.54B YoY-24.6%
Current lease liability	105M YoY+0.0%	105M YoY+0.0%	105M YoY-7.9%	114M YoY-21.4%	145M YoY-4.6%
	116B YoY+1.2%	115B YoY+7.7%	106B YoY+7.3%	99.1B YoY-8.0%	108B YoY+2.5%
Long-term debt	39.5B YoY+0.0%	39.5B YoY+0.0%	39.5B YoY+0.0%	39.5B YoY+0.0%	39.5B YoY+0.0%
Non-current lease liability	340M YoY+0.0%	340M YoY+0.0%	340M YoY-1.7%	346M YoY-24.8%	460M YoY-6.3%
Deferred tax liabilities	7.14B YoY+2.4%	6.97B YoY-2.8%	7.17B YoY-7.9%	7.79B YoY-6.7%	8.35B YoY-6.6%
Other non-current liabilities	4.24B YoY+31.8%	3.21B YoY-6.6%	3.44B YoY+24.4%	2.77B YoY-26.5%	3.76B YoY-18.7%
	41.7B YoY+1.7%	41.0B YoY-11.2%	46.2B YoY+3.5%	44.7B YoY-5.2%	47.1B YoY-6.4%
Common stock	4.00M YoY+0.0%	4.00M YoY+0.0%	4.00M YoY+0.0%	4.00M YoY+0.0%	4.00M YoY+0.0%
Additional paid-in capital	31.8B YoY+1.6%	31.3B YoY+2.0%	30.7B YoY+1.4%	30.2B YoY+2.2%	29.6B YoY+2.1%
Retained earnings	47.9B YoY+10.0%	43.5B YoY+4.5%	41.7B YoY+9.8%	37.9B YoY+16.4%	32.6B YoY+14.1%
Treasury stock	35.1B YoY+11.8%	31.4B YoY+29.7%	24.2B YoY+11.0%	21.8B YoY+54.1%	14.2B YoY+122.5%
Accumulated other comprehensive income	-2.81B YoY-19.9%	-2.34B YoY-25.6%	-1.86B YoY-12.4%	-1.66B YoY-87.6%	-884M YoY-2.7%
Non-controlling interest	161M YoY-23.3%	210M YoY+900.0%	21.0M YoY+61.5%	13.0M YoY-27.8%	18.0M YoY+157.1%
Total equity incl. non-controlling	41.9B YoY+1.5%	41.2B YoY-10.8%	46.2B YoY+3.5%	44.7B YoY-4.9%	47.0B YoY-6.4%
Total liabilities & equity	158B YoY+1.3%	156B YoY+2.0%	153B YoY+6.2%	144B YoY-7.1%	155B YoY-0.4%
Common shares issued	405M YoY+0.6%	403M YoY+0.7%	400M YoY+0.5%	398M YoY+0.9%	394M YoY+1.0%
Common shares outstanding	263M YoY-3.8%	274M YoY-6.4%	293M YoY-2.1%	299M YoY-7.5%	323M YoY-9.0%
Shares outstanding (cover)	267M YoY-4.0%	278M YoY-4.9%	293M YoY-4.3%	306M YoY-7.8%	331M YoY-8.3%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	9.60B YoY-7.4%	10.4B YoY-12.3%	11.8B YoY+36.5%	8.66B YoY+20.4%	7.19B YoY-30.5%
Depreciation & amortization	2.77B YoY+0.0%	2.77B YoY-8.6%	3.04B YoY+3.3%	2.94B YoY+0.5%	2.92B YoY+4.3%
Deferred income taxes	326M YoY+443.2%	-95.0M YoY+94.3%	-1.66B YoY-251.5%	-472M YoY-118.5%	-216M YoY+44.0%
Change in inventory	646M YoY-37.4%	1.03B YoY+18.9%	868M YoY-17.7%	1.05B YoY+89.4%	557M YoY+10.5%
	-4.41B YoY-109.7%	-2.10B YoY+59.4%	-5.17B YoY-267.0%	3.10B YoY+185.8%	-3.61B YoY-221.3%
Acquisitions	597M YoY+355.7%	131M YoY-70.7%	447M	0.00 YoY-100.0%	1.83B YoY+1218.7%
Other investing activities	34.0M YoY+158.6%	-58.0M YoY-405.3%	19.0M YoY-57.8%	45.0M YoY+146.4%	-97.0M YoY-321.7%
	-6.42B YoY+16.0%	-7.65B YoY-78.1%	-4.29B YoY+61.8%	-11.2B YoY-36.9%	-8.21B YoY+3.8%
Long-term debt issued	4.46B YoY-0.1%	4.46B YoY+199.3%	1.49B	0.00 YoY-100.0%	4.26B YoY+22.9%
Long-term debt repaid	4.20B YoY+39.9%	3.00B YoY+1.1%	2.97B YoY+493.4%	500M YoY-89.1%	4.58B YoY-43.1%
Common stock issued	203M YoY-33.4%	305M YoY+63.1%	187M YoY-51.9%	389M YoY+19.3%	326M YoY-13.3%
Common stock repurchased	3.62B YoY-48.5%	7.03B YoY+208.0%	2.28B YoY-70.0%	7.61B YoY-1.7%	7.74B YoY+91.5%
Dividends paid	1.61B YoY+2.8%	1.57B YoY+8.1%	1.45B YoY+4.8%	1.38B YoY+3.2%	1.34B YoY+8840.0%
Other financing activities	-624M YoY-78.8%	-349M YoY+15.5%	-413M YoY-1695.7%	-23.0M YoY-159.0%	39.0M YoY+124.4%
Net change in cash	-1.20B YoY-301.2%	594M YoY-74.8%	2.36B YoY+451.6%	428M YoY+109.1%	-4.70B YoY-197.2%
Interest paid	1.35B YoY+0.6%	1.34B YoY+0.9%	1.33B YoY+8.2%	1.23B YoY-1.9%	1.25B YoY-12.9%
Income taxes paid	399M YoY-55.6%	898M YoY-39.0%	1.47B YoY-20.5%	1.85B YoY-17.4%	2.24B YoY+21.9%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	73.5B YoY-4.3%	76.8B YoY-12.3%	87.6B YoY-13.5%	101B YoY+33.1%	76.1B YoY+1.2%
P/E	12.3× YoY-44.8%	22.4× YoY+38.5%	16.2× YoY+7.0%	15.1× YoY+7.5%	14.0× YoY+58.5%
P/S	0.3× YoY-14.0%	0.3× YoY-33.4%	0.5× YoY-16.7%	0.6× YoY+28.1%	0.4× YoY-6.8%
P/B	1.8× YoY-5.8%	1.9× YoY-3.5%	1.9× YoY-13.6%	2.2× YoY+38.9%	1.6× YoY+8.1%
P/FCF	7.7× YoY+3.3%	7.4× YoY+4.1%	7.1× YoY-23.7%	9.3× YoY-11.8%	10.6× YoY+45.6%
Earnings yield	8.1% YoY+81.2%	4.5% YoY-27.8%	6.2% YoY-6.6%	6.6% YoY-7.0%	7.1% YoY-36.9%
FCF yield	13.1% YoY-3.2%	13.5% YoY-3.9%	14.0% YoY+31.1%	10.7% YoY+13.4%	9.4% YoY-31.3%
Dividend yield	2.2% YoY+8.2%	2.0% YoY+23.4%	1.6% YoY+21.5%	1.4% YoY-22.4%	1.7% YoY+8965.9%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: CI's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CI filings on SEC EDGAR → Not investment advice.

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About this data

financial statements