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The Cigna Group
CI · NYSEHealthcare — Managed Care & Pharmacy Benefits
The economic chain
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Raw inputs
Equipment
Foundry
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AI demand
Inputs &supplyDrugmakers, manufacturersNegotiation &accessRebates, formularies, reg…Pharmacy &servicesExpress Scripts, AccredoPlans &benefitsHealth plans, PBM, specia…Employers &sponsorsEmployers, governments, p…Members &patientsMembers, providers, patie…RxPharmaceutical manufacturersPFEPfizerLLYEli LillyWHLDrug wholesalersFTCFTC / CMS / regulatorsREBRebate & formulary engineESIExpress ScriptsACCAccredoCIThe Cigna GroupEVNEvernorth Health ServicesCHCCigna HealthcareEMPEmployers & plan sponsorsPLNHealth plans & governmentsPRVHospitals & providersYOUMembers & patients
Company details
Market cap
$75B
P/E ratio
12×
Div yield
2.2%
Adj. EPS (2025)
~$29.84
Revenue
~$275B
Rev. growth
+11%
Net income
~$6B
Shares out
~265M
In plain English
Cigna is two businesses fused together: Evernorth — anchored by the Express Scripts pharmacy-benefit manager it bought for ~$67B in 2018 — which sits between drugmakers, pharmacies and employers and decides which medicines are covered and at what price; and Cigna Healthcare, the commercial health-insurance arm that covers tens of millions of US workers. After selling its Medicare business to HCSC in 2025, Cigna is now overwhelmingly a pharmacy and employer-health-services company.
In simple terms
What The Cigna Group really sells
Cigna is two businesses fused together: Evernorth — anchored by the Express Scripts pharmacy-benefit manager it bought for ~$67B in 2018 — which sits between drugmakers, pharmacies and employers and decides which medicines are covered and at what price; and Cigna Healthcare, the commercial health-insurance arm that covers tens of millions of US workers. After selling its Medicare business to HCSC in 2025, Cigna is now overwhelmingly a pharmacy and employer-health-services company.
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Risk read
Moderate
SteadierMore speculative
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