The Cigna (CI) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 88.4%
EBITDA Margin: 4.4%
Op. Margin: 3.4%
Net Margin: 2.4%

Op. margin of 3.4% is up 0.4% YoY — cost efficiency is improving. Net margin at 2.4% and gross margin of 88.4% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit