Cigna (CI) Return on Invested Capital [ROIC] (2019 - 2026)
Cigna's Return on Invested Capital [ROIC] came in at 10.87% for Q2 2026, up 0.87 percentage points from 9.99% a year earlier and up 0.38 percentage points from the prior quarter.
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Analysis
Cigna (CI) Return on Invested Capital [ROIC] (2019 - 2026) Analysis & Trends
For FY2025, Cigna's Return on Invested Capital [ROIC] was 10.15%, up 1.17 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +2.51 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 8.98% in FY2024 (-1.90 pp), 10.88% in FY2023 (+2.15 pp), 8.73% in FY2022 (+0.98 pp) and 7.74% in FY2021 (+0.11 pp).
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since Q3 2024.
- Year-over-year, Return on Invested Capital [ROIC] has increased for three consecutive quarters, with an average year-over-year change of -0.14 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q3 2024 (a gain of 3.46 percentage points), and the weakest in Q3 2025 (a drop of 2.10 percentage points).
- Business Quant data shows CI's Return on Invested Capital [ROIC] at 10.49% (Q1 2026), 9.95% (Q4 2025) and 10.07% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 360.19 Bn | 240.83 Bn | 35.71 Bn | 11.34% |
| 2 | Mckesson | 127.04 Bn | 108.42 Bn | 3.96 Bn | 98.69% |
| 3 | Cvs Health | 112.97 Bn | 61.72 Bn | 47.21 Bn | 9.71% |
| 4 | Elevance Health | 92.11 Bn | -50.47 Bn | 13.65 Bn | 8.29% |
| 5 | Cigna | 76.94 Bn | 45.81 Bn | 15.09 Bn | 10.38% |
| 6 | Cencora | 68.60 Bn | 68.60 Bn | 3.60 Bn | - |
| 7 | Cardinal Health | 65.08 Bn | 48.24 Bn | 2.60 Bn | 36.52% |
| 8 | Humana | 53.29 Bn | -37.50 Bn | 4.83 Bn | 5.50% |
| 9 | Centene | 33.98 Bn | -40.15 Bn | 8.24 Bn | -19.90% |
| 10 | Molina Healthcare | 10.55 Bn | -24.45 Bn | 1.36 Bn | 2.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.38% |
| Jun 30, 2026 | 10.87% |
| Mar 31, 2026 | 10.49% |
| Dec 31, 2025 | 9.95% |
| Sep 30, 2025 | 10.07% |
| Jun 30, 2025 | 9.99% |
| Mar 31, 2025 | 10.01% |
| Dec 31, 2024 | 9.11% |
| Sep 30, 2024 | 12.17% |
| Jun 30, 2024 | 11.79% |
| Mar 31, 2024 | 11.20% |
| Dec 31, 2023 | 10.80% |
| Sep 30, 2023 | 8.71% |
| Jun 30, 2023 | 8.56% |
| Mar 31, 2023 | 8.83% |
| Dec 31, 2022 | 8.97% |
| Sep 30, 2022 | 8.50% |
| Jun 30, 2022 | 8.50% |
| Mar 31, 2022 | 8.15% |
| Dec 31, 2021 | 7.81% |
API Access
Cigna Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=CI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=CI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();