Cigna Ret. on equity

What is the Ret. on equity of Cigna?

The Ret. on equity of Cigna Group (The) is 8.50%

What is the definition of Ret. on equity?

Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.

ttm (trailing twelve months)

The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.

Ret. on equity 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 ret. on equity similar to Cigna

MOIL has Ret. on equity of 8.49%
Air France-KLM SA has Ret. on equity of 8.49%
Air France-KLM SA has Ret. on equity of 8.49%
M&T Bank has Ret. on equity of 8.49%
Chase has Ret. on equity of 8.50%
Xin Yuan Enterprises has Ret. on equity of 8.50%
Cigna has Ret. on equity of 8.50%
Bouygues SA has Ret. on equity of 8.51%
First Merchants has Ret. on equity of 8.51%
Mid-America Apartment Communities has Ret. on equity of 8.51%
The Jammu and Kashmir Bank has Ret. on equity of 8.51%
Fidelity D&D has Ret. on equity of 8.51%
Camlin Fine Sciences has Ret. on equity of 8.52%