Cigna (CI) EV to EBITDA (2018 - 2026)
Cigna's (CI) EV to EBITDA came in at 5.20 for Q2 2026, down 27.2% from 7.13 a year earlier but up 1.8% from the prior quarter.
Cigna (CI) EV to EBITDA (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBITDA at Cigna was 3.34, down 34.2% year-over-year; for FY2025, it came in at 5.34, down 3.7% from FY2024.
- Annual EV to EBITDA has declined for three consecutive years.
- In prior years, Cigna's EV to EBITDA was 5.54 in FY2024 (-18.7%), 6.82 in FY2023 (-15.7%), 8.10 in FY2022 (+29.0%) and 6.28 in FY2021 (+10.2%).
- Quarterly EV to EBITDA has run from a low of 5.10 in Q1 2026 to a high of 8.10 in Q4 2022 over five years.
- On a year-over-year basis, EV to EBITDA has declined in each of the last four quarters, with an average decline of 11.9% over the last eight quarters.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was Q1 2024, with growth of 33.7%; the weakest was Q2 2026, with a decline of 27.2%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 5.10 (Q1 2026), 5.34 (Q4 2025) and 5.99 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 341.92 Bn | 226.55 Bn | 36.67 Bn |
| 2 | Cvs Health | 112.26 Bn | 64.87 Bn | 47.23 Bn |
| 3 | Mckesson | 99.84 Bn | 86.30 Bn | 3.69 Bn |
| 4 | Elevance Health | 85.53 Bn | -56.21 Bn | 13.45 Bn |
| 5 | Cigna | 71.85 Bn | 41.39 Bn | 14.97 Bn |
| 6 | Cencora | 57.95 Bn | 47.04 Bn | 3.61 Bn |
| 7 | Cardinal Health | 51.09 Bn | 35.09 Bn | 2.56 Bn |
| 8 | Humana | 46.78 Bn | -41.02 Bn | 5.50 Bn |
| 9 | Centene | 30.87 Bn | -59.41 Bn | 14.55 Bn |
| 10 | Molina Healthcare | 9.86 Bn | -25.01 Bn | 1.43 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.20 |
| Mar 31, 2026 | 5.10 |
| Dec 31, 2025 | 5.34 |
| Sep 30, 2025 | 5.99 |
| Jun 30, 2025 | 7.13 |
| Mar 31, 2025 | 6.67 |
| Dec 31, 2024 | 5.54 |
| Sep 30, 2024 | 7.36 |
| Jun 30, 2024 | 7.08 |
| Mar 31, 2024 | 7.95 |
| Dec 31, 2023 | 6.82 |
| Sep 30, 2023 | 6.61 |
| Jun 30, 2023 | 6.55 |
| Mar 31, 2023 | 5.94 |
| Dec 31, 2022 | 8.10 |
| Sep 30, 2022 | 6.88 |
| Jun 30, 2022 | 6.63 |
| Mar 31, 2022 | 6.39 |
| Dec 31, 2021 | 6.28 |
| Sep 30, 2021 | 5.79 |
Cigna EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=CI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "CI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=CI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();