Cigna EBIT margin
What is the EBIT margin of Cigna?
The EBIT margin of Cigna Group (The) is 2.41%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Health Care sector on NYSE compared to Cigna
What does Cigna do?
The Cigna Group is a global health services company. The Companys portfolio of offerings solves diverse challenges across the healthcare system. The Company offers a differentiated set of pharmacy, medical, behavioral, dental and supplemental products, and services, primarily through two platforms: Evernorth Health Services and Cigna Healthcare.
Companies with ebit margin similar to Cigna
- Nelcast has EBIT margin of 2.39%
- Mawana Sugars has EBIT margin of 2.40%
- Vippy Spinpro has EBIT margin of 2.40%
- Presidio Property Trust has EBIT margin of 2.41%
- Bhartiya International has EBIT margin of 2.41%
- Anjani Portland Cement has EBIT margin of 2.41%
- Cigna has EBIT margin of 2.41%
- Mahalaxmi Rubtech has EBIT margin of 2.42%
- Genus Paper & Boards has EBIT margin of 2.42%
- Abercrombie & Fitch Co has EBIT margin of 2.44%
- FINEOS plc has EBIT margin of 2.44%
- Super Crop Safe has EBIT margin of 2.44%
- Niks Technology Ltd has EBIT margin of 2.44%