How does CI's earnings trend compare year-over-year?
4/9/2025 03:36pm
Cigna Group's earnings trend has shown significant year-over-year growth, primarily driven by revenue increases.
1. **Revenue Growth**: The company's revenue for the twelve months ending December 31, 2024, was $247.121 billion, a 26.56% increase year-over-year. This substantial increase is a clear indicator of growing demand for Cigna's services or products.
2. **Net Income Growth**: While specific net income figures for the last year are not available, the overall trend of increasing revenue suggests that net income has also likely been on an upward trajectory. The net income for the full year 2023 was $5.16 billion, which represented a decrease of 23% from the previous year. However, this does not necessarily mean that the net income trend has been consistently downward; it could have fluctuated with revenue growth.
3. **Profit Margin Analysis**: The profit margin for the company has been decreasing, from 3.7% in 2022 to 2.6% in 2023. This decline could be due to various factors, including increased costs or expenses, which might partially offset the revenue growth.
4. **Earnings Per Share (EPS) Analysis**: The EPS for the company has also shown a decrease, from $21.66 in 2022 to $17.57 in 2023. This could be another indication of increased costs or expenses affecting the bottom line, despite revenue growth.
In conclusion, while Cigna Group has experienced significant revenue growth, the trend of net income and profit margin has not been as consistent. The company's earnings trend year-over-year is mixed, with positive revenue growth but some negative indicators in net income and profit margin.