Cigna (LIM:CI) Pretax Margin % : 0.14% (As of Mar. 2024)

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What is Cigna Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cigna's Pre-Tax Income for the three months ended in Mar. 2024 was $79 Mil. Cigna's Revenue for the three months ended in Mar. 2024 was $55,419 Mil. Therefore, Cigna's pretax margin for the quarter that ended in Mar. 2024 was 0.14%.

The historical rank and industry rank for Cigna's Pretax Margin % or its related term are showing as below:

LIM:CI' s Pretax Margin % Range Over the Past 10 Years
Min: 1.96 Med: 7.07 Max: 9.46
Current: 1.96

LIM:CI's Pretax Margin % is ranked worse than
57.14% of 21 companies
in the Healthcare Plans industry
Industry Median: 2.37 vs LIM:CI: 1.96

Cigna Pretax Margin % Historical Data

The historical data trend for Cigna's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cigna Pretax Margin % Chart

Cigna Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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4.27

6.77

3.90

4.66

2.82

Cigna Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pretax Margin %	Get a 7-Day Free Trial															3.45	3.88	3.75	0.37	0.14

Competitive Comparison of Cigna's Pretax Margin %

For the Healthcare Plans subindustry, Cigna's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cigna's Pretax Margin % Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Cigna's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Cigna's Pretax Margin % falls into.

Cigna Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Cigna's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	5513	/	195187
	=	2.82 %

Cigna's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	79	/	55419
	=	0.14 %

Cigna (LIM:CI) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Cigna Pretax Margin % Related Terms

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Cigna (LIM:CI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Cigna Corp (LIM:CI) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

CI:USA CI:Mexico CGN:Germany C1IC34:Brazil CIGN:Austria

Address

900 Cottage Grove Road, Bloomfield, CT, USA, 06002

Website

https://www.cigna.com

Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services, which were greatly expanded by its 2018 merger with Express Scripts, are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense and it recently won a deal with top-tier insurer Centene. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 18 million U.S. medical members covered as of the end of June 2023.