Cigna (CI) Operating Margin (2018 - 2026)
Cigna (CI) reported Operating Margin of 2.06% for Q1 2026, up 170.0% on a YoY basis from 0.76% in Q1 2025, and down 82.43% sequentially from 11.72% in Q4 2025.
Cigna (CI) Operating Margin (2018 - 2026) Analysis & Trends
Cigna (CI) has 9 years of Operating Margin data on file, last reported at 2.06% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 170.0% year-over-year to 2.06%; the trailing twelve-month figure through Mar 2026 stood at 11.18% (up 1310.0% YoY), and the FY2025 full-year result was 3.35%, up 123.0% from the prior year.
- Operating Margin slipped to 2.06% in Q1 2026, from 11.72% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 25.19% in Q2 2025 to a low of 7.91% in Q4 2022.
- A 5-year average of 4.76% and a median of 3.12% in 2022 frame the typical range for Operating Margin.
- Peak annual rise in Operating Margin reached 2120 bps in 2025, while the deepest fall reached 1908 bps in 2025.
- Tracing CI's Operating Margin over 5 years: stood at 7.91% in 2022, then soared by 107 bps to 0.57% in 2023, then jumped by 716 bps to 4.63% in 2024, then surged by 153 bps to 11.72% in 2025, then plunged by 82 bps to 2.06% in 2026.
- Business Quant data shows CI's Operating Margin at 2.06% in Q1 2026, 11.72% in Q4 2025, and 2.57% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 378.05 Bn | 346.83 Bn | 38.23 Bn | 8.05% |
| 2 | Cvs Health | 136.47 Bn | 124.66 Bn | 22.85 Bn | 13.85% |
| 3 | Elevance Health | 81.93 Bn | 45.98 Bn | 35.79 Bn | 1.71% |
| 4 | Cigna | 76.59 Bn | 68.73 Bn | -44.29 Bn | 2.06% |
| 5 | Humana | 45.95 Bn | 23.98 Bn | 5.94 Bn | 4.42% |
| 6 | Centene | 31.19 Bn | 7.45 Bn | 43.95 Bn | 4.17% |
| 7 | Molina Healthcare | 10.26 Bn | 1.34 Bn | 1.43 Bn | 1.33% |
| 8 | Oscar Health | 8.47 Bn | 1.67 Bn | 1.42 Bn | 1.30% |
| 9 | Alignment Healthcare | 3.84 Bn | 3.11 Bn | 144.48 Mn | 1.26% |
| 10 | Progyny | 2.56 Bn | 2.34 Bn | 83.07 Mn | 10.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.06% |
| Dec 31, 2025 | 11.72% |
| Sep 30, 2025 | 2.57% |
| Jun 30, 2025 | 25.19% |
| Mar 31, 2025 | 0.36% |
| Dec 31, 2024 | 4.63% |
| Sep 30, 2024 | 4.04% |
| Jun 30, 2024 | 3.99% |
| Mar 31, 2024 | 19.44% |
| Dec 31, 2023 | 0.57% |
| Sep 30, 2023 | 4.57% |
| Jun 30, 2023 | 0.57% |
| Mar 31, 2023 | 0.60% |
| Dec 31, 2022 | -7.91% |
| Sep 30, 2022 | 0.45% |
| Jun 30, 2022 | 3.12% |
| Mar 31, 2022 | 4.97% |
| Dec 31, 2021 | 3.67% |
| Sep 30, 2021 | 4.55% |
| Jun 30, 2021 | 0.72% |