Cigna Corp vs Paychex, Inc. — how do they compare? Cigna Corp trades at $302.09 (market cap $80.55B), while Paychex, Inc. trades at $109.06 (market cap $39.39B). The key difference: Cigna Corp is far larger — about 2× Paychex, Inc.'s market cap, and Paychex, Inc. pays the higher dividend (4.3%). Which is the better fit depends on your goals.
| CI | PAYX | |
|---|---|---|
Market Cap | $80.55B | $39.39B |
Sector | Health | Industrials |
52-Week High | $311.00 | $147.99 |
52-Week Low | $244.41 | $85.57 |
Enterprise Value | $103.65B | $42.88B |
Dividend Yield | 2.05% | 4.3% |
Trailing returns across standard periods
Latest headlines on both assets
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services were greatly expanded by its 2018 merger with Express Scripts and are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 15 million medical members covered as of the end of 2020, but its services extend internationally, covering another 2 million people.
Read more on CI →Paychex is a leading provider of payroll, human capital management, and insurance solutions servicing small and midsize clients primarily in the United States. The company, established in 1979, services over 730,000 clients and pays over 1 in 12 U.S. private-sector workers. Alongside its traditional payroll services, Paychex offers HCM solutions such as benefits administration and time and attendance software, as well as human resources outsourcing and insurance agency services.
Read more on PAYX →