GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » The Cigna Group (FRA:CGN) » Definitions » Retained Earnings

The Cigna Group (FRA:CGN) Retained Earnings : €37,700 Mil (As of Mar. 2024)


View and export this data going back to 1982. Start your Free Trial

What is The Cigna Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The Cigna Group's retained earnings for the quarter that ended in Mar. 2024 was €37,700 Mil.

The Cigna Group's quarterly retained earnings declined from Sep. 2023 (€38,400 Mil) to Dec. 2023 (€38,195 Mil) and declined from Dec. 2023 (€38,195 Mil) to Mar. 2024 (€37,700 Mil).

The Cigna Group's annual retained earnings increased from Dec. 2021 (€28,845 Mil) to Dec. 2022 (€35,815 Mil) and increased from Dec. 2022 (€35,815 Mil) to Dec. 2023 (€38,195 Mil).


The Cigna Group Retained Earnings Historical Data

The historical data trend for The Cigna Group's Retained Earnings 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.

* Premium members only.

The Cigna Group Retained Earnings Chart

The Cigna Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18,145.80 23,488.65 28,844.81 35,815.36 38,194.88

The Cigna Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36,277.49 36,860.93 38,400.13 38,194.88 37,699.76

The Cigna Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


The Cigna Group  (FRA:CGN) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


The Cigna Group (FRA:CGN) Business Description

Traded in Other Exchanges
Address
900 Cottage Grove Road, Bloomfield, CT, USA, 06002
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.

The Cigna Group (FRA:CGN) Headlines

No Headlines