The historical rank and industry rank for The Cigna Group's Pretax Margin % or its related term are showing as below:
CI'
s Pretax Margin % Range Over the Past 10 Years
Min: 2.82 Med: 7.07 Max: 9.46
Current: 2.82
CI's Pretax Margin % is ranked better than 52.38% of 21
companies
in the Healthcare Plans industry
Industry Median: 2.55
vs CI: 2.82
The Cigna Group Pretax Margin % Historical Data
The historical data trend for The Cigna Group'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.
Competitive Comparison of The Cigna Group's Pretax Margin %
For the Healthcare Plans subindustry, The Cigna Group'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.
The Cigna Group's Pretax Margin % Distribution in the Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, The Cigna Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where The Cigna Group's Pretax Margin % falls into.
The Cigna Group 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.
The Cigna Group's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
The Cigna Group (NYSE: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.
The Cigna Group Pretax Margin % Related Terms
Thank you for viewing the detailed overview of The Cigna Group's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
The Cigna Group (The Cigna Group) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CI has been successfully added to your 