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Aetna, Inc. – Company Information

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Aetna, Inc. is an American health care company, that focuses on providing a vast range range of traditional, voluntary and consumer-directed health insurance products.

The company is one of the country’s leading provider of health care, pharmacy, dental, group life, and disability insurance, and employee benefits.

It was founded in 1853 in Hartford, Connecticut.

Aetna, Inc. is “dedicated to helping people achieve health and financial security by providing easy access to safe, cost-effective, high-quality health care and protecting their finances against health-related risks.”

The company has approximately:

  • 22.2 million medical members
  • 14.145 million dental members
  • 14.159 million pharmacy members.
  • 13.609 million – group insurance members
  • 1,000,000+ – health-care professionals
  • 597,000+ – primary-care doctors and specialists
  • 5,300+ – hospitals

Overview

aetna inc logo

  • Chairman, President and CEO: Mark T. Bertolini
  • Industry: Health care
  • Type: Public company
  • Listed on the New York Stock Exchange (NYSE)
  • NYSE stock symbol: AET
  • S&P 500 Component
  • Founded: 1853
  • Revenue: $58.003 billion USD (2014)
  • Net income: $2.040 billion USD (2014)
  • Earnings per share: $5.74 USD (2014)
  • Company head office: 151 Farmington Avenue, Hartford, CT, 06156, USA
  • Employees: 48,800 (2014)
  • Website: http://www.aetna.com/
  • Investor relations number: 860-273-2402
  • Investor relations email: [email protected]

Aetna, Inc. Financial Results

Operating data (in $ millions) 2014 2013
Total revenue $58,003.2 $47,294.6
Total operating expenses $10,837.7 $8,645.4
Total benefits and expenses $54,503.3 $44,354.1
Income before income taxes $3,499.9 $2,940.5
Income taxes $1,454.7 $1,028.6
Net income attributable to Aetna, Inc. $2,040.8 $1,913.6
Balance sheet data (in $ millions)
Total assets $53,402,1 $49,764.8
Total liabilities $38,850.3 $35,686.6
Total stockholders’ equity $14,482.6 $14,025.5
Common share data (in $)
Basic earnings (loss) per share $5.74 $5.38
Diluted earnings (loss) per share $5.68 $5.33
Cash flow data (in $ millions)
Net cash provided by operating activities $3,372.8 $2,278.7
Net cash (used for) investing activities $(2,129.7) $(1,919.8)
Net cash (used for) provided by financing activities $(1,235.0) $(1,525.8)
Cash and cash equivalents at end of year $1,420.4 $1,412.3

Source: “Aetna, Inc. Form 10-K 2014”