CVS Corp Financial Statements From 2010 to 2022

CVS
 Stock
  

USD 93.94  1.28  1.38%   

CVS Corp financial statements provide useful quarterly and yearly information to potential CVS Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on CVS Corp financial statements helps investors assess CVS Corp's valuation, profitability, and current liquidity needs.
There are over one hundred seventeen available fundamental signals for CVS Corp, which can be analyzed over time and compared to other ratios. Please make sure to validate CVS Corp's prevailing fundamental performance against the performance between 2010 and 2022 to make sure the trends are evolving in the right direction.
As of 07/03/2022, Net Income Per Employee is likely to drop to about 21.7 K. In addition to that, Revenue Per Employee is likely to drop to about 790.3 K.
  
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Check CVS Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CVS Corp main balance sheet or income statement drivers, such as Direct Expenses of 259 B, Consolidated Income of 7 B or Cost of Revenue of 214.2 B, as well as many exotic indicators such as Interest Coverage of 8.15, Long Term Debt to Equity of 0.61 or Calculated Tax Rate of 30.7. CVS Corp financial statements analysis is a perfect complement when working with CVS Corp Valuation or Volatility modules. It can also supplement various CVS Corp Technical models. Continue to the analysis of CVS Corp Correlation against competitors.

CVS Corp Revenues

260.28 Billion

Share

CVS Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets198.5 B233 B131.1 B
Increasing
Slightly volatile
Cash and Equivalents10.2 B9.4 B4.3 B
Increasing
Slightly volatile
Investments28.2 B26.1 BB
Increasing
Slightly volatile
Investments Current3.4 B3.1 B1.1 B
Increasing
Slightly volatile
Investments Non Current21 B23 B7.6 B
Increasing
Slightly volatile
Deposit Liabilities4.4 B4.3 B3.3 B
Increasing
Slightly volatile
Property Plant and Equipment Net26 B32 B16.1 B
Increasing
Slightly volatile
Inventory17.7 B17.8 B14.3 B
Increasing
Slightly volatile
Tax AssetsB1.1 B897.8 M
Increasing
Slightly volatile
Trade and Non Trade Receivables20.8 B24.4 B13.7 B
Increasing
Slightly volatile
Trade and Non Trade Payables13.1 B12.5 B11.1 B
Increasing
Slightly volatile
Goodwill and Intangible Assets96.4 B108.1 B67.8 B
Increasing
Slightly volatile
Total Liabilities130.9 B157.6 B82.1 B
Increasing
Slightly volatile
Shareholders Equity67.4 B75.1 B48.9 B
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit50.8 B54.9 B37.6 B
Increasing
Slightly volatile
Accumulated Other Comprehensive IncomeB965 M217.1 M
Increasing
Slightly volatile
Current Assets52.3 B60 B35.7 B
Increasing
Slightly volatile
Assets Non Current146.2 B173 B95.4 B
Increasing
Slightly volatile
Current Liabilities55 B67.8 B33.4 B
Increasing
Slightly volatile
Liabilities Non Current75.8 B89.8 B48.7 B
Increasing
Slightly volatile
Tax Liabilities6.2 B6.3 BB
Increasing
Slightly volatile
Total Debt63.8 B76 B40.4 B
Increasing
Slightly volatile
Debt Current4.7 B5.9 B2.9 B
Increasing
Slightly volatile
Debt Non Current59 B70.1 B37.6 B
Increasing
Slightly volatile
Shareholders Equity USD67.4 B75.1 B48.9 B
Increasing
Slightly volatile
Cash and Equivalents USD10.2 B9.4 B4.3 B
Increasing
Slightly volatile
Total Debt USD63.8 B76 B40.4 B
Increasing
Slightly volatile
Accounts Payable13.5 B12.5 B8.2 B
Increasing
Slightly volatile
Receivables26.4 B24.4 B14.1 B
Increasing
Slightly volatile
Inventories15.3 B17.8 B14.2 B
Increasing
Slightly volatile

CVS Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues260.3 B292.1 B184 B
Increasing
Slightly volatile
Cost of Revenue214.2 B240.1 B151.6 B
Increasing
Slightly volatile
Selling General and Administrative Expense32.3 B37.1 B22.3 B
Increasing
Slightly volatile
Operating Expenses33.7 B38.9 B23 B
Increasing
Slightly volatile
Interest Expense2.2 B2.5 B1.5 B
Increasing
Slightly volatile
Income Tax Expense2.4 B2.5 B2.5 B
Decreasing
Very volatile
Net Loss Income from Discontinued Operations7.2 M8.1 M9.3 M
Decreasing
Slightly volatile
Consolidated IncomeB7.9 BB
Increasing
Slightly volatile
Net Income to Non Controlling Interests(12.3 M)(12 M)(1.3 M)
Decreasing
Stable
Net Income7.1 B7.9 BB
Increasing
Slightly volatile
Net Income Common Stock7.1 B7.9 BB
Increasing
Slightly volatile
Weighted Average Shares1.2 B1.3 B1.2 B
Decreasing
Stable
Weighted Average Shares Diluted1.2 B1.3 B1.2 B
Decreasing
Stable
Earning Before Interest and Taxes EBIT12.1 B12.9 B9.1 B
Increasing
Slightly volatile
Revenues USD260.3 B292.1 B184 B
Increasing
Slightly volatile
Net Income Common Stock USD7.1 B7.9 BB
Increasing
Slightly volatile
Earning Before Interest and Taxes USD12.1 B12.9 B9.1 B
Increasing
Slightly volatile
Gross Profit46 B52 B32.4 B
Increasing
Slightly volatile
Operating Income12.4 B13.2 B9.4 B
Increasing
Slightly volatile
Direct Expenses259 B240.1 B154.2 B
Increasing
Slightly volatile

CVS Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Investment Acquisitions and Disposals(2.8 B)(2.7 B)(404.5 M)
Decreasing
Slightly volatile
Net Cash Flow from Financing(11.7 B)(11.4 B)(2.2 B)
Decreasing
Very volatile
Issuance Repayment of Debt Securities (9.5 B)(9.3 B)1.5 B
Decreasing
Stable
Issuance Purchase of Equity Shares592.3 M549 M(2.1 B)
Increasing
Slightly volatile
Net Cash Flow from Operations15.3 B18.3 B10 B
Increasing
Slightly volatile
Effect of Exchange Rate Changes on Cash (5 M)(4.6 M)(2.5 M)
Decreasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents1.3 B1.6 B782.8 M
Increasing
Slightly volatile
Share Based Compensation406.1 M484 M262.9 M
Increasing
Slightly volatile
Depreciation Amortization and AccretionB4.5 B2.7 B
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share5.556.04.1221
Increasing
Slightly volatile
Earnings per Diluted Share5.515.954.0962
Increasing
Slightly volatile
Earnings per Basic Share USD5.556.04.1221
Increasing
Slightly volatile
Dividends per Basic Common Share2.072.31.4706
Increasing
Slightly volatile
Return on Average Equity0.10.1080.1088
Decreasing
Very volatile
Return on Average Assets0.0380.0340.0475
Decreasing
Slightly volatile
Return on Invested Capital0.140.0990.1994
Decreasing
Slightly volatile
Gross Margin0.170.1780.1764
Decreasing
Slightly volatile
Profit Margin0.02460.02430.0279
Decreasing
Slightly volatile
EBITDA Margin0.05940.060.0661
Decreasing
Slightly volatile
Return on Sales0.04470.0440.0513
Decreasing
Slightly volatile
Asset Turnover1.351.2581.6085
Decreasing
Slightly volatile
Payout Ratio0.360.3337.0E-4
Decreasing
Very volatile
Enterprise Value over EBITDA12.0611.7510.1212
Increasing
Slightly volatile
Enterprise Value over EBIT16.2116.013.4008
Increasing
Slightly volatile
Price to Earnings Ratio18.5517.1936.6612
Decreasing
Stable
Sales per Share206221152
Increasing
Slightly volatile
Price to Sales Ratio0.460.4660.5066
Decreasing
Slightly volatile
Price to Book Value1.761.8141.8624
Decreasing
Stable
Debt to Equity Ratio2.012.0991.5262
Increasing
Slightly volatile
Dividend Yield0.02150.0190.0194
Increasing
Slightly volatile
Current Ratio0.970.8851.2108
Decreasing
Slightly volatile
Free Cash Flow per Share10.011.9376.4305
Increasing
Slightly volatile
Book Value per Share53.1856.91840.2215
Increasing
Slightly volatile
Tangible Assets Book Value per Share79.9194.65751.7468
Increasing
Slightly volatile
Total Assets Per Share190176108
Increasing
Slightly volatile
Cash Flow Per Share14.9113.81627.7961
Increasing
Slightly volatile
Return on Investment12.749.946212.9434
Decreasing
Slightly volatile
Operating Margin5.494.51645.3759
Decreasing
Slightly volatile
Calculated Tax Rate30.724.203541.7381
Decreasing
Very volatile
Receivables Turnover15.5912.652915.4346
Decreasing
Slightly volatile
Inventory Turnover11.313.242710.3528
Increasing
Slightly volatile
PPandE Turnover19.322.908917.3594
Increasing
Slightly volatile
Cash and Equivalents Turnover52.4833.844459.3111
Decreasing
Slightly volatile
Accounts Payable Turnover26.8924.669524.2539
Increasing
Very volatile
Accrued Expenses Turnover24.7618.306726.0231
Decreasing
Slightly volatile
Interest Coverage8.155.27099.2047
Decreasing
Slightly volatile
Long Term Debt to Equity0.610.69230.596
Increasing
Slightly volatile
Quick Ratio0.630.5450.594
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets(3.44)(3.3472)4.3688
Decreasing
Slightly volatile
Revenue to Assets1.571.25371.5626
Decreasing
Slightly volatile

CVS Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax9.9 B10.4 B7.6 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA16 B17.4 B11.8 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD16 B17.4 B11.8 B
Increasing
Slightly volatile
Market Capitalization122.4 B136.2 B87.6 B
Increasing
Slightly volatile
Enterprise Value177.7 B205 B120.5 B
Increasing
Slightly volatile
Invested Capital103.6 B123.6 B66.2 B
Increasing
Slightly volatile
Average Equity65.2 B73.4 B46.8 B
Increasing
Slightly volatile
Average Assets194.6 B232.2 B125.7 B
Increasing
Slightly volatile
Invested Capital Average106.5 B131.2 B64.9 B
Increasing
Slightly volatile
Tangible Asset Value102.1 B124.9 B63.3 B
Increasing
Slightly volatile
Free Cash Flow12.8 B15.7 B7.8 B
Increasing
Slightly volatile
Working Capital(8 B)(7.8 B)1.9 B
Decreasing
Slightly volatile
Revenue Per Employee790.3 K973.7 K669.8 K
Increasing
Slightly volatile
Net Income Per Employee21.7 K26.4 K18.8 K
Increasing
Slightly volatile

CVS Corp Fundamental Market Drivers

Forward Price Earnings10.40
Short Percent Of Float1.12%
Average Daily Volume Last 10 Day5.33M
Shares Short Prior Month13.95M
Average Daily Volume In Three Month5.53M
Date Short Interest31st of May 2022
Fifty Day Average96.69
Two Hundred Day Average97.41

CVS Corp Upcoming Events

Upcoming Quarterly Report9th of February 2022
Next Financial Report3rd of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End9th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About CVS Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include CVS Corp income statement, its balance sheet, and the statement of cash flows. CVS Corp investors use historical funamental indicators, such as CVS Corp's revenue or net income, to determine how well the company is positioned to perform in the future. Although CVS Corp investors may use each financial statement separately, they are all related. The changes in CVS Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CVS Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CVS Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CVS Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Cost of Revenue240.1 B214.2 B
Revenues292.1 B260.3 B
Revenue to Assets 1.25  1.57 
Revenue Per Employee973.7 K790.3 K
CVS Health Corporation provides health services in the United States. CVS Health Corporation was founded in 1963 and is headquartered in Woonsocket, Rhode Island. CVS Corp operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. It employs 216000 people.

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Pair Trading with CVS Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CVS Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CVS Corp will appreciate offsetting losses from the drop in the long position's value.

CVS Corp Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to CVS Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CVS Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CVS Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CVS Corp to buy it.
The correlation of CVS Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CVS Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CVS Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CVS Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of CVS Corp Correlation against competitors. Note that the CVS Corp information on this page should be used as a complementary analysis to other CVS Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running CVS Corp price analysis, check to measure CVS Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVS Corp is operating at the current time. Most of CVS Corp's value examination focuses on studying past and present price action to predict the probability of CVS Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CVS Corp's price. Additionally, you may evaluate how the addition of CVS Corp to your portfolios can decrease your overall portfolio volatility.
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Is CVS Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CVS Corp. If investors know CVS Corp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CVS Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.036
Market Capitalization
123.2 B
Quarterly Revenue Growth YOY
0.11
Return On Assets
0.0386
Return On Equity
0.11
The market value of CVS Corp is measured differently than its book value, which is the value of CVS Corp that is recorded on the company's balance sheet. Investors also form their own opinion of CVS Corp's value that differs from its market value or its book value, called intrinsic value, which is CVS Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CVS Corp's market value can be influenced by many factors that don't directly affect CVS Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CVS Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine CVS Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVS Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.