The Filing Desk

Cigna vs Labcorp

Cigna CI · Labcorp LH · Health Care Services

Cigna reported revenue of $274.9 billion in fiscal 2025, 19.7 times Labcorp's $14.0 billion in fiscal 2025. Cigna's revenue grew 11.2% in its latest year, and Labcorp's grew 7.2%. Cigna had an operating margin of 3.4%, against 9.9% at Labcorp.

Side by side

CignaLabcorp
Latest fiscal yearFY2025, Dec 31, 2025FY2025, Dec 31, 2025
Revenue$274.9B$14.0B
Revenue growth11.2%7.2%
Revenue growth a year, last 5 years11.4%−0.0%
Gross margin—28.8%
Operating margin3.4%9.9%
Net margin2.2%6.3%
Free cash flow—$1.2B
Free cash flow margin—8.6%
Return on capital11.7%8.2%
Net debt to EBITDA1.9x2.5x
Dividends and buybacks$5.2B$691M
Change in diluted share count−5.2%−0.7%
Last close$305.78$329.90
P/E at the last close12.6×27.3×
Insider trades, last 12 monthsbought $999,932, sold $66.8 millionsold $13.7 million
Piotroski F-score7 of 87 of 9
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
US$ billions, fiscal years
CignaLabcorp
Operating margin
Percent of revenue
CignaLabcorp
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
CignaLabcorp

Start a new comparison

Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Cigna and Labcorp pages.