Cigna Corporation (CI) FCF Payout Ratio: 21.32%
Is Cigna Corporation’s FCF payout ratio high or low?
Cigna Corporation's FCF payout ratio of 21.32% is 39% above its 5-year average of 15.34%, near the high end of its 5-year range (0.16%–22.21%).
The FCF payout ratio for Cigna Corporation (CI) is 21.32%. It is above its 12-month average by 16.19% (18.35%).
CI FCF Payout Ratio Chart
CI Average FCF Payout Ratio Chart
CI Current vs Average FCF Payout Ratio Chart
CI FCF Payout Ratio Metrics
FCF PAYOUT RATIO
21.32%
FCF PAYOUT RATIO AVG TTM
18.35%
FCF PAYOUT RATIO AVG 3Y
17.42%
FCF PAYOUT RATIO AVG 5Y
15.34%
FCF PAYOUT RATIO AVG 10Y
13.17%
FCF PAYOUT RATIO AVG 15Y
8.42%
FCF PAYOUT RATIO AVG 20Y
6.46%
CURRENT VS TTM AVG
+16.19%
CURRENT VS 3Y AVG
+22.42%
CURRENT VS 5Y AVG
+38.99%
CURRENT VS 10Y AVG
+61.84%
CURRENT VS 15Y AVG
+153.25%
CURRENT VS 20Y AVG
+229.78%
Payout Ratio Comparison
FCF Payout Ratio
21.3%
Earnings Payout Ratio
27.5%
Dividend Yield
2.08%
FCF Yield
9.80%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $8.39B | $1.61B | 19.2% |
| 2024 | $8.96B | $1.57B | 17.5% |
| 2023 | $10.24B | $1.45B | 14.2% |
| 2022 | $7.36B | $1.38B | 18.8% |
| 2021 | $6.04B | $1.34B | 22.2% |
| 2020 | $9.26B | $15.00M | 0.2% |
| 2019 | $8.44B | $15.00M | 0.2% |
| 2018 | $3.24B | $0 | 0.0% |
| 2017 | $3.62B | $0 | 0.0% |
| 2016 | $3.56B | $0 | 0.0% |
| 2015 | $2.21B | $0 | 0.0% |
| 2014 | $1.52B | $11.00M | 0.7% |
| 2013 | $192.00M | $11.00M | 5.7% |
| 2012 | $1.94B | $11.00M | 0.6% |
| 2011 | $1.07B | $11.00M | 1.0% |
| 2010 | $1.44B | $11.00M | 0.8% |
| 2009 | $438.00M | $11.00M | 2.5% |
| 2008 | $1.40B | $14.00M | 1.0% |
| 2007 | $1.08B | $11.00M | 1.0% |
| 2006 | $506.00M | $12.00M | 2.4% |
| 2005 | $657.00M | $13.00M | 2.0% |
| 2004 | $1.40B | $100.00M | 7.2% |
| 2003 | $2.20B | $185.00M | 8.4% |
| 2002 | $1.07B | $185.00M | 17.2% |
| 2001 | $1.09B | $190.00M | 17.5% |
| 2000 | $1.69B | $200.00M | 11.9% |
| 1999 | ($1.63B) | $238.00M | N/A (Loss) |
| 1998 | $627.00M | $243.00M | 38.8% |
| 1997 | $1.23B | $245.00M | 19.9% |
| 1996 | $700.00M | $242.00M | 34.6% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Cigna Corporation FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Cigna Corporation FCF Payout Ratio FAQ
- What is the FCF payout ratio for Cigna Corporation (CI)?
- The FCF payout ratio for CI stock is 21.32%.
- Is Cigna Corporation's FCF payout ratio high or low?
- Cigna Corporation's FCF payout ratio of 21.32% is 39% above its 5-year average of 15.34%, near the high end of its 5-year range (0.16%–22.21%).
- What is the TTM average FCF payout ratio for Cigna Corporation (CI)?
- The TTM average FCF payout ratio for CI stock is 18.35%.
- What is the 3Y average FCF payout ratio for Cigna Corporation (CI)?
- The 3Y average FCF payout ratio for CI stock is 17.42%.
- What is the 5Y average FCF payout ratio for Cigna Corporation (CI)?
- The 5Y average FCF payout ratio for CI stock is 15.34%.
- What is the 10Y average FCF payout ratio for Cigna Corporation (CI)?
- The 10Y average FCF payout ratio for CI stock is 13.17%.
- What is the 15Y average FCF payout ratio for Cigna Corporation (CI)?
- The 15Y average FCF payout ratio for CI stock is 8.42%.
- What is the 20Y average FCF payout ratio for Cigna Corporation (CI)?
- The 20Y average FCF payout ratio for CI stock is 6.46%.
Cigna Corporation FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 19.20% |
| 2024-12-31 | 17.49% |
| 2023-12-31 | 14.16% |
| 2022-12-31 | 18.80% |
| 2021-12-31 | 22.21% |
| 2020-12-31 | 0.16% |
| 2019-12-31 | 0.18% |
| 2014-12-31 | 0.72% |
| 2013-12-31 | 5.73% |
| 2012-12-31 | 0.57% |
| 2011-12-31 | 1.03% |
| 2010-12-31 | 0.76% |
| 2009-12-31 | 2.51% |
| 2008-12-31 | 1.00% |
| 2007-12-31 | 1.02% |
| 2006-12-31 | 2.37% |
| 2005-12-31 | 1.98% |
| 2004-12-31 | 7.15% |
| 2003-12-31 | 8.41% |
| 2002-12-31 | 17.21% |
| 2001-12-31 | 17.50% |
| 2000-12-31 | 11.87% |
| 1998-12-31 | 38.76% |
| 1997-12-31 | 19.90% |
| 1996-12-31 | 34.57% |
About Cigna Corporation
Cigna Group, established in 1792 and headquartered in Bloomfield, Connecticut, provides insurance products and related services across the United States. The company operates through two primary segments. Its Evernorth division offers a comprehensive array of coordinated and specialized health solutions, including pharmacy services, benefits administration, care management and delivery, and advanced intelligence solutions. These offerings cater to a diverse clientele, such as health plans, employers, government entities, and healthcare providers. Meanwhile, the Cigna Healthcare segment delivers an extensive portfolio of products and services, encompassing medical, pharmaceutical, behavioral health, dental, vision, and health advocacy programs for both insured and self-insured customers. This segment also provides Medicare Advantage, Medicare Supplement, and Medicare Part D plans specifically for seniors, in addition to individual health insurance options available on and off public exchanges. Globally, Cigna Healthcare extends international health coverage and benefits to mobile professionals and employees of multinational organizations. Furthermore, the company issues permanent insurance contracts to corporations, designed to cover the lives of specific employees for funding future benefit obligations. Cigna distributes its various offerings through insurance brokers and consultants, direct sales channels to employers, unions, and individuals, and via both private and public exchanges.
- Sector
- Healthcare
- Industry
- Medical - Healthcare Plans
- CEO
- David Michael Cordani