CVS Corp Stock Financials

CVS
 Stock
  

USD 93.09  0.26  0.28%   

As of 06/30/2022, 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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With this module, you can analyze CVS Corp financials for your investing period. You should be able to track the changes in CVS Corp individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

CVS Corp Most Recent Estimates

Quarterly Earnings Growth YOY
0.036
Diluted Eps
6.01
EPS Estimate Current Year
8.36
EPS Estimate Next Year
8.98
EPS Estimate Current Quarter
2.15
Earnings Share
6.01

Revenues

260.28 Billion

Share
Understanding current and past CVS Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CVS Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in CVS Corp's assets may result in an increase in income on the income statement.
The fundamental analysis of CVS Corp is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for CVS Corp includes many different criteria found on its balance sheet. For example, investors should never minimize CVS Corp's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor CVS Corp's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in CVS Corp.

CVS Corp Cash

Chance Of Financial Distress
Less than 16
CVS Corp has less than 16 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for CVS Corp stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in CVS Corp's official financial statements usually reflect CVS Corp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of CVS Corp. For example, before you start analyzing numbers published by CVS Corp accountants, it's critical to develop an understanding of what CVS Corp's liquidity, profitability, and earnings quality are in the context of the Healthcare space in which it operates.
Please note, the presentation of CVS Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CVS Corp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in CVS Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CVS Corp. Please utilize our Beneish M Score to check the likelihood of CVS Corp's management to manipulate its earnings.

CVS Corp Company Summary

CVS Corp competes with Alignment Healthcare, Bright Health, Allena Pharmaceuticals, JP Morgan, and Merck. 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.
Foreign Associates
Specialization
Healthcare, Healthcare Plans
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0000064803
ISINUS1266501006
CUSIP585745102
RegionNorth America
LocationRhode Island; U.S.A
Business AddressOne CVS Drive,
SectorHealthcare
IndustryHealthcare Plans
BenchmarkDOW
Websitewww.cvshealth.com
Phone401 762 2137
CurrencyUSD - US Dollar
You should never invest in CVS Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of CVS Corp Stock, because this is throwing your money away. Analyzing the key information contained in CVS Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

CVS Corp Key Financial Ratios

Generally speaking, CVS Corp's financial ratios allow both analysts and investors to convert raw data from CVS Corp's financial statements into concise, actionable information that can be used to evaluate the performance of CVS Corp over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that CVS Corp reports annually and quarterly.

CVS Corp Key Balance Sheet Accounts

201720182019202020212022 (projected)
Inventories15.3 B16.45 B17.52 B18.5 B17.76 B15.27 B
Receivables13.18 B17.63 B19.62 B21.74 B24.43 B26.36 B
Accounts Payable8.86 B8.93 B10.49 B11.14 B12.54 B13.53 B
Total Assets95.13 B196.46 B222.45 B230.72 B233 B198.48 B
Current Assets31.23 B45.24 B50.3 B56.37 B60.01 B52.29 B
Assets Non Current63.9 B151.21 B172.15 B174.35 B172.99 B146.19 B
Cash and Equivalents1.7 B4.06 B5.68 B7.85 B9.41 B10.15 B
Total Debt27 B73.43 B89 B85.04 B76 B63.77 B
Debt Current4.82 B1.99 B5.38 B7.08 B5.85 B4.74 B
Debt Non Current22.18 B71.44 B83.62 B77.96 B70.15 B59.03 B
Shareholders Equity37.69 B58.23 B63.86 B69.39 B75.08 B67.4 B
Inventory15.3 B16.45 B17.52 B18.5 B17.76 B17.68 B
Investments223 M18.25 B19.69 B23.81 B26.14 B28.21 B
Investments Current111 M2.52 B2.37 B3 B3.12 B3.36 B
Total Liabilities57.44 B137.91 B158.28 B161.01 B157.62 B130.85 B
Current Liabilities30.65 B44.01 B53.3 B62.02 B67.81 B55.04 B
Tax Liabilities3 B7.68 B7.29 B6.79 B6.27 B6.2 B

CVS Corp Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what CVS Corp's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Direct Expenses156.22 B163.04 B211.25 B219.66 B240.06 B259.02 B
Consolidated Income6.62 B(596 M)6.63 B7.19 B7.9 B7.04 B
Cost of Revenue156.26 B163.04 B211.25 B219.66 B240.06 B214.24 B
Gross Profit28.53 B31.54 B45.53 B49.05 B52.05 B46.04 B
Interest Expense1.06 B2.62 B3.04 B2.91 B2.5 B2.17 B
Net Income6.62 B(594 M)6.63 B7.18 B7.91 B7.05 B
Operating Expenses18.99 B27.52 B33.54 B35.13 B38.85 B33.68 B
Operating Income9.54 B4.02 B11.99 B13.91 B13.19 B12.36 B
Revenues184.79 B194.58 B256.78 B268.71 B292.11 B260.28 B
Income Tax Expense1.64 B2 B2.37 B2.57 B2.52 B2.42 B

CVS Corp Key Cash Accounts

Cash flow analysis captures how much money flows into and out of CVS Corp. It measures of how well CVS Corp is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money CVS Corp brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money CVS Corp had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what CVS Corp has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(1.92 B)(2.04 B)(2.46 B)(2.44 B)(2.52 B)(2.72 B)
Depreciation Amortization and Accretion2.48 B2.72 B4.37 B4.44 B4.51 B3.96 B
Net Cash Flow or Change in Cash and Cash Equivalents(1.62 B)2.4 B1.85 B2.63 B1.65 B1.33 B
Net Cash Flow Business Acquisitions and Disposals(1.18 B)(41.39 B)(444 M)(26 M)(146 M)(157.53 M)
Issuance Purchase of Equity Shares(4.03 B)242 M210 M264 M549 M592.34 M
Issuance Repayment of Debt Securities(598 M)38.27 B(5.32 B)(5.67 B)(9.27 B)(9.51 B)
Payment of Dividends and Other Cash Distributions(2.05 B)(2.04 B)(2.6 B)(2.62 B)(2.62 B)(2.83 B)
Net Cash Flow from Financing(6.75 B)36.82 B(7.65 B)(7.7 B)(11.36 B)(11.65 B)
Net Cash Flow from Investing(2.88 B)(43.28 B)(3.34 B)(5.53 B)(5.26 B)(5.68 B)
Net Cash Flow Investment Acquisitions and Disposals189 M125 M(480 M)(3.07 B)(2.72 B)(2.79 B)
Net Cash Flow from Operations8.01 B8.87 B12.85 B15.87 B18.27 B15.35 B
Effect of Exchange Rate Changes on Cash(20 M)2 M1,000 K(4 M)(4.6 M)(4.96 M)
Share Based Compensation234 M280 M453 M400 M484 M406.11 M

CVS Corp Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining CVS Corp's current stock value. Our valuation model uses many indicators to compare CVS Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CVS Corp competition to find correlations between indicators driving CVS Corp's intrinsic value. More Info.
CVS Corp is number one stock in profit margin category among related companies. It is number one stock in cash and equivalents category among related companies creating about  4,231,343,284  of Cash and Equivalents per Profit Margin. CVS Corp Profit Margin is relatively stable at the moment as compared to the past year. CVS Corp reported last year Profit Margin of 0.0243. Comparative valuation analysis is a catch-all model that can be used if you cannot value CVS Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CVS Corp's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the CVS Corp's earnings, one of the primary drivers of an investment's value.

CVS Corp Systematic Risk

CVS Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CVS Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on CVS Corp correlated with the market. If Beta is less than 0 CVS Corp generally moves in the opposite direction as compared to the market. If CVS Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CVS Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CVS Corp is generally in the same direction as the market. If Beta > 1 CVS Corp moves generally in the same direction as, but more than the movement of the benchmark.
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About CVS Corp Financials

What exactly are CVS Corp Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include CVS Corp's income statement, its balance sheet, and the statement of cash flows. Potential CVS Corp investors and stakeholders use financial statements 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. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as CVS Corp is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of CVS Corp grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

CVS Corp Thematic Clasifications

CVS Corp is part of several thematic ideas from Macroaxis Index to Retail. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Macroaxis Index Idea
Macroaxis IndexView
Retail Idea
RetailView
Health Management Idea
Health ManagementView
Healthcare Idea
HealthcareView

CVS Corp June 30, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of CVS Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CVS Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of CVS Corp based on widely used predictive technical indicators. In general, we focus on analyzing CVS Corp Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CVS Corp's daily price indicators and compare them against related drivers.
Information Ratio(0.021721)
Maximum Drawdown10.18
Value At Risk(3.11)
Potential Upside2.73
Continue to Trending Equities. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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
122.2 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.