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COMPANY BENCHMARKING • UNITED STATES

Cigna Corp - Company Profile

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Cigna Corp - Overview

Description
Cigna is a public company headquartered in Connecticut with an estimated 74,000 employees. In the US, the company has a notable market share in at least four industries: Health & Medical Insurance, Mail Order, Pharmacy Benefit Management, HMO Providers and Mail Order. Their largest market share is in the Pharmacy Benefit Management industry, where they account for an estimated 25.9% of total industry revenue and are considered an All Star because they display stronger market share, profit and revenue growth compared to their peers.
Company Details

Registered Name: Cigna Corp

Company Type: Operating

Exchange: NYSE

Headquarters: 900 Cottage Grove Rd Bloomfield CT 06002

Website: https://www.cigna.com/

Employees: 74000

Cigna Corp - Operating Industries and Main Competitors

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Cigna Corp - Products and Services

  • Health & Medical Insurance in the US

  • Of the 7 core revenue-generating products and services in the Health & Medical Insurance in the US industry, Cigna Corp offers:
    • Fee-for-service (FFS) plans
    • Health maintenance organization (HMO) plans
    • High-deductible health plans (HDHPs)
    • AAAAA AAAAA
  • Pharmacy Benefit Management in the US

  • Of the 3 core revenue-generating products and services in the Pharmacy Benefit Management in the US industry, Cigna Corp offers:
    • Other services
    • Retail pharmacy services
    • Specialty pharmacy services
  • Mail Order in the US

  • Of the 6 core revenue-generating products and services in the Mail Order in the US industry, Cigna Corp offers:
    • Health and beauty products
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Cigna Corp - Analyst Insights

Announcement of new business model that consolidates company's health services

On September 16, 2020, Cigna launched Evernorth, a new platform that combines the company's various health services to provide better health solutions for those who are using or not using Cigna's insurance. The platform will utilize data from Cigna's along with other pharmaceutical groups to provide recommendations for providers that may be looking for solutions to various problems with those needing medical care. As part of the new platform, Evernorth also seeks to utilize more data-driven approaches towards serving health solutions.

New Activity


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Cigna Corp - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Cigna Corp's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Health & Medical Insurance in the US, Pharmacy Benefit Management in the US, and Mail Order in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
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Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Cigna Corp - Financial Statements & Ratios

pie_chartCigna Corp Income Statement

BALANCE DATE12/31/201712/31/201612/31/201512/31/201412/31/201312/31/2012
Revenue41,616.039,668.037,876.034,914.032,380.029,119.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartCigna Corp Balance Sheet

BALANCE DATE12/31/201712/31/201612/31/201512/31/201412/31/201312/31/2012
Cash and Equivalents2,972.03,185.01,968.01,420.02,795.02,978.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
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pie_chartCigna Corp Cash Flow

BALANCE DATE12/31/201712/31/201612/31/201512/31/201412/31/201312/31/2012
Net Income2,232.01,843.02,077.02,094.01,478.01,624.0
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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  • Products and Services
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