Cigna Corporation

CINYSEHealthcare● Active

$289.48

+$8.80(+3.14%)

Market Cap$76.6B

P/E Ratio—

52W High$338.89

52W Low$239.51

Avg Volume1.7M

Open$283.00

Beta0.30

Overview

Cigna Corporation (CI) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CI · free cash flow · updated Jun 8, 2026

Core FCF metrics

CI · FCF · TTM · margin & CAGR

Free cash flow was $8.39B for FY2025 (fiscal year ending 2025-12-31), down 6.3% year-over-year The FCF margin was 3.0%. Five-year CAGR stands at -1.9%.

FY2025 Free Cash Flow$8.39B▼ -6.3% YoY

Trailing 12M (TTM)$7.66Btrailing 4 quarters sum

FCF Margin3.0%$8.39B ÷ revenue

3-Year CAGR+4.5%FY2022 → FY2025

5-Year CAGR-1.9%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

CI · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$9.60B(1.21B)$8.39B▼ 6.3%3.0%

FY2024$10.36B(1.41B)$8.96B▼ 12.5%3.6%

FY2023$11.81B(1.57B)$10.24B▲ +39.1%5.2%

FY2022$8.66B(1.29B)$7.36B▲ +21.9%4.1%

FY2021$7.19B(1.15B)$6.04B▼ 34.8%3.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

CI · P/FCF · FCF yield · FCF per share

Cigna Corporation (CI) trades at a FCF yield of 10.00% and a price-to-free-cash-flow ratio of 10.1x. FCF per share stands at $28.80, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

10.00%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$28.80

TTM FCF ÷ Shares Outstanding

Price / FCF

x10.1

Share Price ÷ FCF per Share

EV / FCF (TTM)

x13.1

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

CI · cash flow statement · operating / investing / financing

For FY2025, Cigna Corporation generated $9.60B in operating cash flow and spent 1.21B in capital expenditures, yielding $8.39B in free cash flow.

Operating Activities

+$9.60B

Cash from core business operations

2025-12-31

Investing Activities

−$4.41B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$6.42B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($9.60B) − |CapEx| (1.21B) = FCF ($8.39B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Healthcare)

CI vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Cigna CorporationYOU

$8.39B-6.3%3.1%

43%

UnitedHealth Group Incorporated

UNH

$16.07B-22.4%3.6%

82%

Eli Lilly and Company

LLY

$8.97B+2065.6%13.8%

46%

Healthcare · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Cigna Corporation (CI) reported free cash flow of $8.39B for FY2025 (fiscal year ending 2025-12-31), down 6.3% year-over-year. The FCF margin was 3.0%.

Based on available data, Cigna Corporation has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $10.24B in FY2023. The 5-year CAGR stands at -1.9%.

Cigna Corporation's FCF yield is 10.00% and price-to-FCF ratio is 10.1x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

CI free cash flow · 8 questions

Cigna Corporation free cash flow was $8.39B for FY2025, down 6.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $7.66B.

CI free cash flowCI FCFCI FCF 2025CI free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Cigna Corporation · Cigna Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026