TORVANTA
Health Care · S&P 500 · data as of 2026-10-05

CI stock analysis: Cigna

Cigna (CI) is an S&P 500 company in Health Care Services. It grades strongest on value and weakest on profitability and momentum.

The model's view of CI · subscribers

Where CI ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with CI · updated 2026-10-05 · from prices and SEC filings

CI price performance

CI against the S&P 500, one year
-10%+0%+10%+20%S&P 500 +18%CI -3%2025-09-292026-10-05
Year to date+0.2%S&P 500 +14.5% · behind by 14.3 pts
1 year-10.8%S&P 500 +17.0% · behind by 27.8 pts
3 years+0.8%S&P 500 +89.3% · behind by 88.5 pts
5 years+47.8%S&P 500 +91.3% · behind by 43.5 pts

Total returns with dividends reinvested.

CI factor grades

Each grade compares CI with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

AValueP/E 11.2x (industry 22.9x)FCF yield 14.3% (industry 10.6%)
BGrowthRevenue growth +8% (industry +7%)EPS growth +32% (industry +20%)
C-ProfitabilityOperating margin 3.5% (industry 10.4%)ROIC 20.6% (industry 10.2%)
D+Momentum12-month change -11%From 52-wk high -11%

CI in plain numbers

CI key statistics

SectorHealth Care
IndustryHealth Care Services
IndexS&P 500
Market value$71.7B
Revenue growth (y/y)+8%
Free-cash-flow yield14.3%
Dividend yield2.3%
Next earnings (expected)2026-10-29
Valuation measures
Market value$71.7B
Enterprise value$68.2B
P/E (trailing)11.2x
Forward P/E (Torvanta estimate)10.1x
PEG (Torvanta estimate)0.95
Price / sales0.3x
Price / book1.7x
EV / revenue0.2x
EV / EBITDA5.4x
Financial highlights
Revenue, last 12 months$282.4B
Net income, last 12 months$6.2B
EPS, last 12 months (GAAP)$24.19
Gross margin20.6%
Operating margin3.5%
Net margin2.2%
Return on equity15.0%
Return on invested capital20.6%
Cash$6.3B
Total debt$2.8B
Debt / equity0.07x
Interest cover7.2x
Current ratio0.85x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

CI earnings trends

Revenue vs earnings
$0$18.1B$36.2B$54.4B$72.5BSep 2024 Revenue: $63.7BDec 2024 Revenue: $65.6BMar 2025 Revenue: $65.5BJun 2025 Revenue: $67.2BSep 2025 Revenue: $69.7BDec 2025 Revenue: $72.5BMar 2026 Revenue: $68.5BJun 2026 Revenue: $71.7BSep 2024 Net income: $825.0MDec 2024 Net income: $1.5BMar 2025 Net income: $1.4BJun 2025 Net income: $1.6BSep 2025 Net income: $2.0BDec 2025 Net income: $943.0MMar 2026 Net income: $1.7BJun 2026 Net income: $1.7BSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 1.3%Net margin: 2.3%Net margin: 2.2%Net margin: 2.4%Net margin: 2.8%Net margin: 1.3%Net margin: 2.4%Net margin: 2.3%0%1%3%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$1.8$3.5$5.2$7.0Sep 2024 EPS (GAAP, diluted): $2.6Dec 2024 EPS (GAAP, diluted): $5.1Mar 2025 EPS (GAAP, diluted): $4.9Jun 2025 EPS (GAAP, diluted): $5.7Sep 2025 EPS (GAAP, diluted): $7.0Dec 2025 EPS (GAAP, diluted): $4.7Mar 2026 EPS (GAAP, diluted): $6.3Jun 2026 EPS (GAAP, diluted): $6.3Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +165% · Dec 2025 -8% · Mar 2026 +29% · Jun 2026 +10%

From the company's 10-Q and 10-K filings with the SEC.

Cigna financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$174.1B$180.5B$195.3B$247.1B$274.9B
Net income$5.4B$6.7B$5.4B$3.8B$6.0B
EPS (GAAP)$15.76$21.43$17.40$12.18$22.20

CI earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-30$6.29+10%+7%-8.3%
2026-04-30$6.26+29%+5%-4.5%
2026-02-05$4.66-8%+10%+6.8%
2025-10-30$6.98+165%+10%-17.5%
2025-07-31$5.71+5%+11%-10.0%
2025-05-02$4.85n/a+14%-1.6%

About Cigna

HeadquartersBloomfield, CT
Industry (SEC code)Hospital & Medical Service Plans
Fiscal year endsDecember 31
Incorporated inDE
Listed onNYSE
FormerlyCigna Corp, Halfmoon Parent, Inc.

From the company's SEC registration record.

Companies similar to CI

CompanyMarket valueP/ERevenue growthOperating margin12-month change
CI Cigna$71.7B11.2x+8%3.5%-11%
CVS CVS Health$111.3B22.9x+7%2.0%+16%compare
DGX Quest Diagnostics$25.6B24.7x+10%14.1%+31%compare
LH Labcorp$25.0B25.5x+6%10.4%+13%compare
DVA DaVita$11.4B14.7x+6%15.2%+36%

All Health Care stock ratings

Frequently asked questions

Is CI stock a buy?

Torvanta does not tell individuals what to buy. Its grades for CI are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is CI's P/E ratio?

CI trades at about 11.2 times its last 12 months of GAAP earnings reported to the SEC, and about 10.1 times Torvanta's own estimate of the next 12 months.

When does CI report earnings next?

Based on its filing history, Torvanta expects Cigna to report around 2026-10-29.

Does CI pay a dividend?

Yes. Its dividend yield is about 2.3%, and it has raised its dividend 5 years in a row.

How has CI performed against the S&P 500?

Over the past year CI returned -10.8%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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