Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM and specialty pharmacy 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 with the Department of Defense, and it recently won a multiyear deal with top-tier insurer Centene. In health insurance and other benefits, Cigna primarily serves employers through self-funding arrangements, and the company operates mostly in the US with 16 million US and 2 million international medical members covered as of December 2025.
The chart shows the growth of an initial investment of $10,000 in The Cigna Group, comparing it to the performance of the S&P 500 index. All prices have been adjusted for splits and dividends.
Returns By Period
The Cigna Group (CI) has returned -2.40% so far this year and -14.97% over the past 12 months. Looking at the last ten years, CI has achieved an annualized return of 7.02%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
CI
1M-3.85%
6M-12.90%
YTD-2.40%
1Y-14.97%
5Y1.91%
10Y7.02%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of The Cigna Group (CI) with color gradation from worst to best to easily spot seasonal factors.
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2026
-0.92%
6.52%
-7.67%
1.30%
2025
5.52%
5.73%
6.78%
2.86%
-6.79%
4.75%
-19.44%
11.64%
-4.32%
-15.13%
14.23%
-0.66%
2024
-0.11%
10.71%
8.09%
-1.56%
-1.53%
-2.95%
5.47%
7.68%
-4.37%
-9.01%
7.82%
-17.86%
2023
-3.27%
-7.27%
-11.56%
-2.48%
-2.32%
12.75%
5.79%
-6.60%
2.97%
8.22%
-14.58%
13.45%
2022
0.42%
3.63%
1.06%
1.89%
8.53%
-2.86%
4.40%
3.46%
-2.59%
15.07%
1.76%
0.83%
2021
3.78%
-3.76%
13.83%
2.75%
3.33%
-8.84%
-3.71%
-7.98%
-5.97%
6.27%
-10.25%
17.48%
2020
-6.33%
-5.61%
-3.40%
15.35%
2.77%
-4.47%
-8.12%
2.00%
-3.74%
-1.41%
23.10%
-2.51%
2019
6.46%
-10.54%
-8.63%
-2.32%
-6.86%
6.73%
6.92%
-9.45%
-0.67%
16.67%
11.56%
2.29%
2018
2.06%
-5.51%
-14.16%
1.76%
-1.53%
-0.15%
5.87%
4.70%
11.07%
2.19%
2.00%
-15.52%
2017
9.19%
1.29%
-2.34%
6.59%
2.90%
3.46%
3.14%
4.63%
2.33%
5.07%
6.83%
-4.03%
2016
1.33%
-7.99%
0.28%
0.49%
-0.38%
1.35%
-8.45%
12.71%
-0.58%
Performance Indicators
The charts below present risk-adjusted performance metrics for The Cigna Group (CI) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of CI compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current The Cigna Group volatility is 1.73%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses. Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
2025
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2009
Liabilities And Equity (USD)
157.92B
152.76B
143.93B
154.89B
155.45B
155.77B
153.23B
61.75B
59.36B
57.09B
55.90B
54.34B
53.73B
51.05B
43.01B
Temporary Equity (USD)
-
107.00M
66.00M
54.00M
58.00M
35.00M
37.00M
49.00M
58.00M
69.00M
90.00M
96.00M
114.00M
-
-
Equity Attributable To Parent (USD)
41.71B
46.22B
44.87B
47.11B
50.32B
45.34B
41.03B
13.74B
13.72B
12.04B
10.77B
10.57B
9.77B
8.34B
5.42B
Equity Attributable To Noncontrolling Interest (USD)
Boone Capital Management liquidated its entire $13.57 million stake in Cogent Biosciences (945,042 shares) in Q4 2026, despite the stock surging 372% over the past year. The fund reallocated capital to earlier-stage biotech opportunities like TYRA, which has gained 40% in 2026, suggesting a strategic shift toward higher-risk, higher-upside clinical-stage investments.
The Motley Fool•Jonathan Ponciano
AI Insight
Listed as a top holding (8.3% of AUM, $26.55M) in the fund's portfolio.
Ushur announced Voice-Guided Experience, a new capability that enables organizations in regulated industries to guide customers through complex workflows using synchronized voice and mobile interactions. The AI-powered feature keeps voice conversations active while opening a synchronized mobile experience, allowing customers to speak or tap without switching channels. The platform supports 74 languages, maintains enterprise-grade compliance (HITRUST r2, SOC 2, HIPAA), and is designed to improve completion rates and reduce operational burden for healthcare, insurance, and financial services organizations.
GlobeNewswire Inc.•Ushur
AI Insight
Cigna is mentioned as a customer relying on Ushur's platform, but the article provides no specific information about Cigna's performance, strategy, or outcomes related to this technology adoption.
The global dental insurance market is projected to grow from USD 118.77 billion in 2026 to USD 198.31 billion by 2032, with a CAGR of 8.72%. Growth is driven by digital transformation, evolving care models, and regulatory shifts. Key trends include provider consolidation, value-based care models, and increased investment in analytics and digital-first distribution channels.
GlobeNewswire Inc.•Researchandmarkets.Com
AI Insight
As a major dental insurance provider, Cigna stands to benefit from market growth to USD 198.31 billion by 2032 and can leverage digital platforms and analytics investments for competitive advantage.
The FTC finalized a settlement with Cigna's Express Scripts pharmacy benefit manager to reduce anticompetitive practices and lower insulin costs by up to $7 billion over the next decade. Cigna reported strong Q4 2025 earnings, beating revenue and EPS estimates, and increased its quarterly dividend to $1.56 per share. The stock rose 3.53% following the announcement.
Benzinga•Vandana Singh
AI Insight
Strong Q4 earnings beat (revenue $72.49B vs $69.83B estimate; EPS $8.08 vs $7.88 estimate), 10% YoY revenue growth, 16% increase in operating income, dividend increase to $1.56/share, and stock up 3.53%. FTC settlement provides regulatory clarity and positions the company favorably for future operations.
In Q4 2025 earnings, KKR exceeded revenue expectations at $5.74B but missed on EPS. Cummins beat revenue at $8.5B but fell short on EPS due to Electrolyzer business charges, though it projects 3-8% revenue growth for 2026. Cigna Group outperformed on both revenue ($72.47B) and EPS ($8.08), reflecting strong operational performance.
Investing.com•Timothy Fries
AI Insight
Strong financial performance with both revenue and EPS exceeding expectations. Total revenues reached $274.9B (11% increase), adjusted operating income hit $8.0B, and increased quarterly dividend to $1.56 per share demonstrates confidence.
The FTC has secured a landmark settlement with Cigna's Express Scripts requiring elimination of spread pricing, decoupling rebates from drug list prices, relocating its GPO from Switzerland to the U.S., and adopting a cost-plus reimbursement model for independent pharmacies starting in 2027. The NCPA views this as a major victory against anticompetitive PBM practices that have artificially inflated drug prices and harmed independent pharmacies.
GlobeNewswire Inc.•National Community Pharmacists Association
AI Insight
Cigna and its Express Scripts subsidiary face significant regulatory penalties including elimination of spread pricing, decoupling of rebates from list prices, relocation of its GPO, and mandatory cost-plus reimbursement model adoption. These concessions represent substantial business practice restrictions and 10 years of FTC monitoring, indicating regulatory pressure and potential financial impact.
The FTC has paused its administrative case against major pharmacy benefit managers (PBMs) including Cigna, CVS Health, and UnitedHealth Group, suggesting settlement negotiations may be underway. The 14-day suspension delays the evidentiary hearing to July 1. The case, filed in September 2024, accuses PBMs of unfair practices that inflated insulin prices. Recent investigations and political pressure from the Trump administration have intensified scrutiny on PBM practices, particularly regarding markups on specialty drugs and alleged use of shell companies to obscure profits.
Benzinga•Vandana Singh
AI Insight
Company is a defendant in the FTC case alleging unfair pricing practices and is under investigation for using shell companies to obscure profits. The case pause suggests potential settlement negotiations, which could result in penalties or operational changes.
UnitedHealth Group CEO Stephen Hemsley testified before House panels that rising hospital prices, consolidation, and prescription drug costs—not insurers—are the primary drivers of U.S. health care spending. He pledged to voluntarily eliminate and rebate profits on ACA exchange coverage this year and urged policy reforms including site-neutral payments and patent reform. UnitedHealth also announced a pilot program to accelerate Medicare Advantage payments for rural hospitals.
Benzinga•Vandana Singh
AI Insight
Mentioned as appearing before House panels alongside other insurers but no specific company actions or statements reported in the article.
A new report from Hunterbrook Media alleges that CVS Health, UnitedHealth Group, and Cigna are using shell subsidiary companies called GPOs (Group Purchasing Organizations) to hide billions of dollars in drug rebates that should be passed to patients. The report claims these companies collect massive fees through their GPOs while telling customers they've passed on 100% of rebates, effectively siphoning off drug discounts meant for patients. Hunterbrook visited the GPO headquarters in Ireland, Switzerland, and Minnesota, finding mostly empty offices despite handling tens of billions in revenue.
Benzinga•Erica Kollmann
AI Insight
Implicated in the scheme to hide billions in rebates through GPO subsidiaries, with reports of uncooperative behavior when questioned.
BofA Securities highlighted Cigna's strong potential in commercial health insurance, noting its pharmacy benefit management platform and ability to deliver 10-15% annual EPS growth, while also discussing challenges and opportunities in the healthcare insurance market.
Benzinga•Vandana Singh
AI Insight
Offers clean exposure to commercial health insurance, positioned for 10-15% EPS growth, trades at attractive valuation, and has less government exposure compared to peers