Cigna (CI) Shares Outstanding (Diluted) (2017 - 2026)
Cigna's Shares Outstanding (Diluted) was 263.96 million in Q2 2026, down 1.6% from 268.15 million a year earlier and unchanged from the prior quarter.
Cigna (CI) Shares Outstanding (Diluted) (2017 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Diluted) at Cigna came in at 268.56 million, down 5.2% from FY2024.
- Shares Outstanding (Diluted) has now declined for six consecutive years, with a five-year compound annual growth rate of -6.1% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Diluted) was 283.22 million in FY2024 (-4.6%), 296.88 million in FY2023 (-5.2%), 313.07 million in FY2022 (-8.2%) and 340.97 million in FY2021 (-7.4%).
- The Q2 2026 figure marks the lowest quarterly Shares Outstanding (Diluted) since Q4 2018.
- Compared with a year earlier, Shares Outstanding (Diluted) has declined for 26 straight quarters, with an average decline of 4.4% over the last eight quarters.
- Over the past five years, the year-over-year decline in Shares Outstanding (Diluted) ranged from 1.6% (Q2 2026) to 8.9% (Q3 2022).
- Per Business Quant data, CI's Shares Outstanding (Diluted) in the three quarters before Q2 2026 was 264.02 million (Q1 2026), 268.56 million (Q4 2025) and 267.53 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn | 906.00 Mn |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn | 1.29 Bn |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn | 119.20 Mn |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn | 217.90 Mn |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn | 263.96 Mn |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 Bn | 193.94 Mn |
| 7 | Cardinal Health | 51.76 Bn | 35.76 Bn | 2.56 Bn | 237.00 Mn |
| 8 | Humana | 45.82 Bn | -41.98 Bn | 5.50 Bn | 121.14 Mn |
| 9 | Centene | 30.70 Bn | -59.59 Bn | 14.55 Bn | 497.64 Mn |
| 10 | Molina Healthcare | 9.83 Bn | -25.04 Bn | 1.43 Bn | 51.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 263.96 Mn |
| Mar 31, 2026 | 264.02 Mn |
| Dec 31, 2025 | 268.56 Mn |
| Sep 30, 2025 | 267.53 Mn |
| Jun 30, 2025 | 268.15 Mn |
| Mar 31, 2025 | 272.95 Mn |
| Dec 31, 2024 | 283.22 Mn |
| Sep 30, 2024 | 281.40 Mn |
| Jun 30, 2024 | 284.05 Mn |
| Mar 31, 2024 | 286.47 Mn |
| Dec 31, 2023 | 296.88 Mn |
| Sep 30, 2023 | 297.13 Mn |
| Jun 30, 2023 | 296.88 Mn |
| Mar 31, 2023 | 299.00 Mn |
| Dec 31, 2022 | 313.07 Mn |
| Sep 30, 2022 | 307.52 Mn |
| Jun 30, 2022 | 318.30 Mn |
| Mar 31, 2022 | 321.28 Mn |
| Dec 31, 2021 | 340.97 Mn |
| Sep 30, 2021 | 337.58 Mn |
Cigna Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=CI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=CI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();