The Cigna GroupWBO:CIGN -2.10%42 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates WBO:CIGN with a GF Score™ of 42/100. The stock has 4 warning signs investors should review. Among 18 Healthcare Plans companies, The Cigna Group ranks better than 94.44% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. The Cigna Group's annualized net income for the quarter that ended in Mar. 2026 was €5,723 Mil. The Cigna Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €-26,819 Mil. Therefore, The Cigna Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for The Cigna Group's Return-on-Tangible-Equity or its related term are showing as below:
WBO:CIGN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 29.25 Med: 30.03 Max: 30.81
Current: Negative Tangible Equity
During the past 13 years, The Cigna Group's highest Return-on-Tangible-Equity was 30.81%. The lowest was 29.25%. And the median was 30.03%.
WBO:CIGN's Return-on-Tangible-Equity is ranked better than 94.44% of 18
companies
in the Healthcare Plans industry
Industry Median: 14.115
vs WBO:CIGN: Negative Tangible Equity
The Cigna Group (WBO:CIGN) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
The Cigna Group Return-on-Tangible-Equity Related Terms
The Cigna Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for The Cigna Group's Return-on-Tangible-Equity 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.
WBO:CIGN vs ELV, HUM, CNC: Return-on-Tangible-Equity Comparison
For the Healthcare Plans subindustry, The Cigna Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, The Cigna Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where The Cigna Group's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
The Cigna Group (WBO:CIGN) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on The Cigna Group and its competitors. Over the past decade, The Cigna Group's Return-on-Tangible-Equity has ranged from 29.25 to 30.81. According to the industry distribution chart, The Cigna Group ranks #1 out of 18 companies in the Healthcare Plans industry, placing it in the top 5.6%.
Is The Cigna Group's Return-on-Tangible-Equity too high?
The Cigna Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 29.25 to a high of 30.81. Based on the distribution chart, The Cigna Group ranks #1 out of 18 companies in the Healthcare Plans industry, which is in the top quartile — a strong position relative to peers. Overall, The Cigna Group has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does The Cigna Group's Return-on-Tangible-Equity compare to ELV and HUM?
According to the Healthcare Plans industry distribution chart, The Cigna Group ranks #1 out of 18 companies for Return-on-Tangible-Equity. This places The Cigna Group in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 14.12. Historically, The Cigna Group's own Return-on-Tangible-Equity has ranged from 29.25 to 30.81 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Healthcare Plans company?
The median Return-on-Tangible-Equity among Healthcare Plans companies is 14.12, based on 18 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on The Cigna Group and its competitors. For the Healthcare Plans industry, the median Return-on-Tangible-Equity is 14.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Cigna Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Cigna Group stock overvalued right now?
The Cigna Group (WBO:CIGN) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The current Return-on-Tangible-Equity is Negative Tangible Equity%. The Cigna Group's overall GF Score™ is 42/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For The Cigna Group (WBO:CIGN), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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.
42GF Score
Get the complete analysis for WBO:CIGN
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WBO:CIGN has been successfully added to your 
