Cigna Group Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Cigna Group quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Cigna Group Operating Margin for the quarter ending June 30, 2024 was 4.11 %, a 5.73% decline year-over-year.
  • Cigna Group annual Operating Margin for 2023 was 4.37 %, a 6.62% decline from 2022.
  • Cigna Group annual Operating Margin for 2022 was 4.68 %, a 2.63% increase from 2021.
  • Cigna Group annual Operating Margin for 2021 was 4.56 %, a 10.2% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 4.37 -0.31 -6.62% Jan 1, 2023 Dec 31, 2023
2022 4.68 +0.12 +2.63% Jan 1, 2022 Dec 31, 2022
2021 4.56 -0.52 -10.2% Jan 1, 2021 Dec 31, 2021
2020 5.08 -0.18 -3.42% Jan 1, 2020 Dec 31, 2020
2019 5.26 -3.29 -38.5% Jan 1, 2019 Dec 31, 2019
2018 8.55 -0.88 -9.33% Jan 1, 2018 Dec 31, 2018
2017 9.43 +1.68 +21.7% Jan 1, 2017 Dec 31, 2017
2016 7.75 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.