CVS Health Corp
NYSE:CVS

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CVS Health Corp
NYSE:CVS
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Price: 75.63 USD -1.46% Market Closed
Market Cap: 96B USD

Income Statement

Earnings Waterfall
CVS Health Corp

Revenue
394.1B USD
Cost of Revenue
-339.4B USD
Gross Profit
54.7B USD
Operating Expenses
-43.9B USD
Operating Income
10.8B USD
Other Expenses
-10.3B USD
Net Income
469m USD

Income Statement
CVS Health Corp

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Income Statement
Currency: USD
Dec-2001 Mar-2002 Jun-2002 Sep-2002 Dec-2002 Mar-2003 Jun-2003 Sep-2003 Jan-2004 Apr-2004 Jul-2004 Oct-2004 Jan-2005 Apr-2005 Jul-2005 Oct-2005 Dec-2005 Apr-2006 Jul-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
65
63
61
56
55
54
53
54
54
50
44
47
64
84
106
118
117
111
125
175
232
280
350
406
0
534
539
520
0
537
547
554
530
515
521
535
539
545
559
577
588
586
569
548
561
556
551
541
517
551
585
618
615
591
601
711
859
1 009
1 122
1 112
1 078
1 048
1 015
1 007
1 062
1 327
1 765
2 189
2 619
2 878
2 961
3 034
3 035
2 986
2 979
2 963
2 907
2 831
2 702
2 573
2 503
2 432
2 379
2 343
2 287
2 290
2 393
2 520
2 658
2 785
2 831
2 890
2 958
3 027
3 058
3 090
Revenue
22 241
N/A
22 826
+3%
23 322
+2%
23 787
+2%
24 182
+2%
24 524
+1%
24 979
+2%
25 481
+2%
26 588
+4%
27 094
+2%
27 592
+2%
29 123
+6%
30 594
+5%
32 958
+8%
35 136
+7%
36 197
+3%
37 007
+2%
37 804
+2%
39 247
+4%
41 485
+6%
43 821
+6%
47 030
+7%
57 169
+22%
66 455
+16%
76 078
+14%
84 467
+11%
84 904
+1%
85 272
+0%
87 005
+2%
89 540
+3%
93 271
+4%
97 049
+4%
98 215
+1%
99 095
+1%
97 942
-1%
97 011
-1%
95 778
-1%
97 713
+2%
100 409
+3%
103 372
+3%
107 080
+4%
112 203
+5%
116 503
+4%
120 056
+3%
123 120
+3%
123 073
0%
123 607
+0%
125 312
+1%
126 761
+1%
128 651
+1%
132 005
+3%
135 094
+2%
139 367
+3%
143 010
+3%
145 577
+2%
149 200
+2%
153 290
+3%
160 174
+4%
166 730
+4%
172 701
+4%
177 546
+3%
178 845
+1%
180 805
+1%
182 371
+1%
184 786
+1%
186 015
+1%
187 252
+1%
188 561
+1%
194 579
+3%
210 967
+8%
227 476
+8%
244 796
+8%
256 776
+5%
261 885
+2%
263 795
+1%
266 041
+1%
268 706
+1%
271 048
+1%
278 323
+3%
285 061
+2%
292 111
+2%
299 840
+3%
307 860
+3%
315 225
+2%
322 467
+2%
330 919
+3%
339 204
+3%
347 809
+3%
357 776
+3%
360 935
+1%
363 248
+1%
368 912
+2%
372 809
+1%
378 960
+2%
386 641
+2%
394 084
+2%
Gross Profit
Cost of Revenue
(16 545)
(17 089)
(17 562)
(17 918)
(18 113)
(18 343)
(18 646)
(18 970)
(19 725)
(20 065)
(20 370)
(21 489)
(22 563)
(24 318)
(25 905)
(26 636)
(27 312)
(27 689)
(28 754)
(30 358)
(32 079)
(34 580)
(43 355)
(51 481)
(59 980)
(67 369)
(67 592)
(67 755)
(68 733)
(70 794)
(73 846)
(77 014)
(77 857)
(78 717)
(77 612)
(76 678)
(75 559)
(77 498)
(80 112)
(82 912)
(86 518)
(91 271)
(95 208)
(98 292)
(100 632)
(100 121)
(100 263)
(101 588)
(102 978)
(104 510)
(107 381)
(110 029)
(114 000)
(117 421)
(119 910)
(123 340)
(126 762)
(133 066)
(139 009)
(144 149)
(148 712)
(150 184)
(152 233)
(154 174)
(156 258)
(157 149)
(157 897)
(158 774)
(163 041)
(174 913)
(187 463)
(200 809)
(211 248)
(215 276)
(215 212)
(217 261)
(219 660)
(221 524)
(228 952)
(234 708)
(239 991)
(246 825)
(254 184)
(260 858)
(267 965)
(276 436)
(284 974)
(293 395)
(303 345)
(307 318)
(309 851)
(316 534)
(321 408)
(325 724)
(333 195)
(339 390)
Gross Profit
5 697
N/A
5 737
+1%
5 760
+0%
5 869
+2%
6 069
+3%
6 181
+2%
6 333
+2%
6 511
+3%
6 863
+5%
7 029
+2%
7 222
+3%
7 634
+6%
8 031
+5%
8 640
+8%
9 231
+7%
9 561
+4%
9 695
+1%
10 115
+4%
10 493
+4%
11 127
+6%
11 742
+6%
12 451
+6%
13 814
+11%
14 974
+8%
16 098
+8%
17 098
+6%
17 312
+1%
17 518
+1%
18 272
+4%
18 745
+3%
19 424
+4%
20 036
+3%
20 358
+2%
20 378
+0%
20 330
0%
20 333
+0%
20 219
-1%
20 215
0%
20 297
+0%
20 460
+1%
20 562
+0%
20 932
+2%
21 295
+2%
21 764
+2%
22 488
+3%
22 952
+2%
23 344
+2%
23 724
+2%
23 783
+0%
24 141
+2%
24 624
+2%
25 065
+2%
25 367
+1%
25 589
+1%
25 667
+0%
25 860
+1%
26 528
+3%
27 108
+2%
27 721
+2%
28 552
+3%
28 834
+1%
28 661
-1%
28 572
0%
28 197
-1%
28 528
+1%
28 866
+1%
29 355
+2%
29 787
+1%
31 538
+6%
36 054
+14%
40 013
+11%
43 987
+10%
45 528
+4%
46 609
+2%
48 583
+4%
48 780
+0%
49 046
+1%
49 524
+1%
49 371
0%
50 353
+2%
52 120
+4%
53 015
+2%
53 676
+1%
54 367
+1%
54 502
+0%
54 483
0%
54 230
0%
54 414
+0%
54 431
+0%
53 617
-1%
53 397
0%
52 378
-2%
51 401
-2%
53 236
+4%
53 446
+0%
54 694
+2%
Operating Income
Operating Expenses
(4 574)
(5 051)
(5 118)
(5 171)
(4 863)
(4 940)
(5 054)
(5 191)
(5 439)
(5 531)
(5 674)
(6 087)
(6 577)
(7 091)
(7 592)
(7 799)
(7 675)
(8 035)
(8 295)
(8 832)
(9 301)
(9 833)
(10 482)
(10 907)
(11 309)
(11 671)
(11 717)
(11 727)
(12 237)
(12 692)
(13 249)
(13 761)
(13 933)
(13 907)
(13 971)
(14 062)
(14 082)
(14 183)
(14 269)
(14 326)
(14 231)
(14 503)
(14 642)
(14 881)
(15 278)
(15 799)
(15 927)
(15 619)
(15 746)
(15 782)
(16 029)
(16 378)
(16 568)
(17 203)
(17 227)
(16 814)
(17 074)
(17 601)
(18 677)
(19 015)
(18 448)
(19 326)
(18 683)
(18 633)
(18 809)
(19 125)
(19 137)
(19 494)
(21 368)
(24 597)
(27 705)
(31 280)
(33 061)
(33 413)
(34 036)
(34 171)
(35 072)
(35 459)
(35 690)
(36 195)
(36 889)
(37 332)
(37 690)
(38 112)
(38 212)
(38 468)
(39 154)
(39 418)
(39 345)
(40 055)
(40 520)
(41 201)
(41 363)
(43 126)
(44 000)
(43 943)
Selling, General & Administrative
(4 253)
(4 382)
(4 449)
(4 506)
(4 552)
(4 622)
(4 729)
(4 858)
(5 098)
(5 179)
(5 311)
(5 691)
(6 080)
(6 550)
(6 999)
(7 177)
0
(7 584)
(7 991)
(8 676)
0
(9 833)
(10 482)
(10 907)
0
(11 671)
(11 717)
(11 727)
0
(12 692)
(13 249)
(13 761)
0
(13 907)
(13 971)
(14 062)
0
(14 183)
(14 269)
(14 326)
(14 231)
(14 503)
(14 642)
(14 881)
(15 278)
(15 451)
(15 579)
(15 619)
(15 746)
(15 782)
(16 029)
(16 378)
(16 568)
(16 682)
(16 706)
(16 814)
(17 074)
(17 601)
(18 135)
(18 473)
(18 448)
(18 683)
(18 683)
(18 633)
(18 809)
(18 944)
(19 137)
(19 494)
(21 368)
(24 597)
(27 705)
(31 280)
(396)
0
0
0
(461)
0
0
0
(707)
0
0
0
(745)
0
0
0
(985)
0
0
0
(989)
0
0
0
Depreciation & Amortization
(321)
(317)
(316)
(312)
(310)
(318)
(325)
(333)
(342)
(353)
(363)
(396)
(497)
(541)
(593)
(622)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Operating Expenses
0
(353)
(353)
(353)
0
0
0
0
0
0
0
0
0
0
0
0
(7 675)
(451)
(304)
(156)
(9 301)
0
0
0
(11 309)
0
0
0
(12 237)
0
0
0
(13 933)
0
0
0
(14 082)
0
0
0
0
0
0
0
0
(348)
(348)
0
0
0
0
0
0
(521)
(521)
0
0
0
(542)
(542)
0
(643)
0
0
0
(181)
0
0
0
0
0
0
(32 665)
(33 413)
(34 036)
(34 171)
(34 611)
(35 459)
(35 690)
(36 195)
(36 182)
(37 332)
(37 690)
(38 112)
(37 467)
(38 468)
(39 154)
(39 418)
(38 360)
(40 055)
(40 520)
(41 201)
(40 374)
(43 126)
(44 000)
(43 943)
Operating Income
1 123
N/A
686
-39%
642
-6%
698
+9%
1 206
+73%
1 241
+3%
1 280
+3%
1 320
+3%
1 424
+8%
1 498
+5%
1 548
+3%
1 547
0%
1 455
-6%
1 549
+6%
1 639
+6%
1 762
+7%
2 020
+15%
2 080
+3%
2 198
+6%
2 295
+4%
2 442
+6%
2 618
+7%
3 332
+27%
4 067
+22%
4 789
+18%
5 427
+13%
5 595
+3%
5 790
+3%
6 035
+4%
6 053
+0%
6 175
+2%
6 275
+2%
6 425
+2%
6 471
+1%
6 359
-2%
6 271
-1%
6 137
-2%
6 032
-2%
6 028
0%
6 134
+2%
6 331
+3%
6 429
+2%
6 653
+3%
6 883
+3%
7 210
+5%
7 153
-1%
7 417
+4%
8 105
+9%
8 037
-1%
8 359
+4%
8 595
+3%
8 687
+1%
8 799
+1%
8 386
-5%
8 440
+1%
9 046
+7%
9 454
+5%
9 507
+1%
9 044
-5%
9 537
+5%
10 386
+9%
9 335
-10%
9 889
+6%
9 564
-3%
9 719
+2%
9 741
+0%
10 218
+5%
10 293
+1%
10 170
-1%
11 457
+13%
12 308
+7%
12 707
+3%
12 467
-2%
13 196
+6%
14 547
+10%
14 609
+0%
13 974
-4%
14 065
+1%
13 681
-3%
14 158
+3%
15 231
+8%
15 683
+3%
15 986
+2%
16 255
+2%
16 290
+0%
16 015
-2%
15 076
-6%
14 996
-1%
15 086
+1%
13 562
-10%
12 877
-5%
11 177
-13%
10 038
-10%
10 110
+1%
9 446
-7%
10 751
+14%
Pre-Tax Income
Interest Income Expense
(61)
(58)
(57)
(52)
(50)
(50)
(49)
(49)
(48)
(43)
(37)
(41)
(58)
(79)
(101)
(112)
(111)
(104)
(114)
(162)
(216)
(259)
(326)
(378)
(435)
(502)
(510)
(496)
(509)
(521)
(534)
(544)
(525)
(511)
(517)
(531)
(536)
(541)
(555)
(573)
(584)
(582)
(566)
(545)
(557)
(552)
(546)
(534)
(509)
(541)
(573)
(604)
(600)
(576)
(584)
(692)
(838)
(986)
(1 100)
(1 092)
(1 078)
(1 047)
(1 014)
(1 006)
(1 062)
(1 333)
(1 775)
(2 204)
(2 619)
(3 363)
(3 446)
(3 519)
(3 035)
(2 986)
(2 979)
(2 963)
(2 907)
(2 831)
(2 702)
(2 573)
(2 503)
(2 432)
(2 379)
(2 343)
(2 287)
(2 290)
(2 393)
(2 520)
(2 658)
(2 785)
(2 831)
(2 890)
(2 958)
(3 027)
(3 058)
(3 090)
Non-Reccuring Items
(353)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(348)
0
0
(348)
0
0
0
(521)
(521)
0
0
0
0
0
0
(101)
(643)
0
(236)
(135)
(181)
0
(3 967)
(3 967)
(6 149)
(6 257)
(2 403)
(2 527)
(559)
(520)
(523)
(951)
(1 503)
(1 475)
(1 445)
(1 707)
(2 373)
(2 857)
(2 817)
(9 703)
(8 336)
(8 160)
(8 656)
(967)
(1 343)
(994)
(498)
(1 656)
(1 031)
0
0
(4 861)
Total Other Income
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(9)
0
(7)
(28)
(10)
(26)
(211)
(208)
(204)
(200)
(9)
4
38
72
104
124
147
161
184
206
202
202
197
182
174
172
164
169
149
128
109
88
91
93
96
99
102
107
108
Pre-Tax Income
710
N/A
627
-12%
585
-7%
646
+10%
1 156
+79%
1 191
+3%
1 231
+3%
1 271
+3%
1 376
+8%
1 455
+6%
1 512
+4%
1 507
0%
1 396
-7%
1 470
+5%
1 539
+5%
1 650
+7%
1 909
+16%
1 977
+4%
2 084
+5%
2 134
+2%
2 226
+4%
2 359
+6%
3 006
+27%
3 688
+23%
4 354
+18%
4 925
+13%
5 085
+3%
5 295
+4%
5 526
+4%
5 533
+0%
5 641
+2%
5 731
+2%
5 900
+3%
5 960
+1%
5 842
-2%
5 740
-2%
5 601
-2%
5 491
-2%
5 473
0%
5 561
+2%
5 747
+3%
5 847
+2%
6 087
+4%
6 338
+4%
6 305
-1%
6 601
+5%
6 871
+4%
7 223
+5%
7 528
+4%
7 818
+4%
8 022
+3%
7 562
-6%
7 678
+2%
7 810
+2%
7 856
+1%
8 354
+6%
8 616
+3%
8 512
-1%
7 944
-7%
8 337
+5%
8 637
+4%
8 278
-4%
8 613
+4%
8 212
-5%
8 268
+1%
8 204
-1%
4 276
-48%
4 113
-4%
1 406
-66%
1 875
+33%
6 531
+248%
6 765
+4%
8 997
+33%
9 837
+9%
11 206
+14%
10 879
-3%
9 770
-10%
9 961
+2%
9 736
-2%
10 075
+3%
10 537
+5%
10 568
+0%
10 962
+4%
4 373
-60%
5 836
+33%
5 714
-2%
4 155
-27%
11 618
+180%
11 173
-4%
9 874
-12%
9 641
-2%
6 727
-30%
6 148
-9%
7 185
+17%
6 495
-10%
2 908
-55%
Net Income
Tax Provision
(296)
(260)
(239)
(260)
(439)
(454)
(470)
(487)
(528)
(559)
(581)
(580)
(478)
(507)
(533)
(577)
(684)
(712)
(757)
(776)
(857)
(911)
(1 172)
(1 449)
(1 720)
(1 949)
(2 008)
(2 089)
(2 189)
(2 194)
(2 236)
(2 122)
(2 200)
(2 223)
(2 180)
(2 286)
(2 179)
(2 132)
(2 116)
(2 152)
(2 258)
(2 292)
(2 379)
(2 486)
(2 436)
(2 554)
(2 665)
(2 773)
(2 928)
(3 047)
(3 130)
(2 977)
(3 033)
(3 073)
(3 093)
(3 302)
(3 386)
(3 356)
(3 136)
(3 224)
(3 317)
(3 143)
(3 305)
(3 161)
(3 137)
(3 037)
(2 768)
(2 500)
(2 102)
(2 142)
(2 305)
(2 400)
(2 366)
(2 621)
(2 935)
(2 918)
(2 569)
(2 548)
(2 518)
(2 489)
(2 548)
(2 448)
(2 594)
(991)
(1 509)
(1 600)
(1 166)
(2 965)
(2 805)
(2 524)
(2 437)
(1 717)
(1 562)
(1 941)
(2 006)
(2 480)
Income from Continuing Operations
413
367
346
386
717
737
761
784
847
896
930
927
919
964
1 005
1 073
1 225
1 265
1 327
1 358
1 369
1 448
1 834
2 239
2 634
2 977
3 077
3 206
3 337
3 339
3 405
3 609
3 700
3 737
3 662
3 454
3 422
3 359
3 357
3 409
3 489
3 555
3 708
3 852
3 869
4 047
4 206
4 450
4 600
4 771
4 892
4 585
4 645
4 737
4 763
5 052
5 230
5 156
4 808
5 113
5 320
5 135
5 308
5 051
5 131
5 167
1 508
1 613
(696)
(267)
4 226
4 365
6 631
7 216
8 271
7 961
7 201
7 413
7 218
7 586
7 989
8 120
8 368
3 382
4 327
4 114
2 989
8 653
8 368
7 350
7 204
5 010
4 586
5 244
4 489
428
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
2
3
3
4
4
4
4
4
3
2
0
0
0
0
0
0
0
0
0
0
(1)
(2)
(3)
(3)
(3)
(2)
(2)
(2)
(1)
(1)
(2)
(2)
0
2
(4)
1
0
3
3
(13)
(8)
(13)
(9)
(6)
0
12
12
10
(8)
(16)
(21)
(24)
(21)
(24)
(29)
(14)
6
28
36
42
41
Net Income (Common)
399
N/A
353
-12%
331
-6%
372
+12%
702
+89%
723
+3%
746
+3%
769
+3%
833
+8%
881
+6%
916
+4%
913
0%
905
-1%
950
+5%
991
+4%
1 060
+7%
1 211
+14%
1 251
+3%
1 313
+5%
1 344
+2%
1 355
+1%
1 434
+6%
1 820
+27%
2 225
+22%
2 623
+18%
2 962
+13%
3 014
+2%
3 060
+2%
3 198
+5%
3 191
0%
3 307
+4%
3 596
+9%
3 696
+3%
3 729
+1%
3 663
-2%
3 451
-6%
3 427
-1%
3 369
-2%
3 364
0%
3 423
+2%
3 462
+1%
3 524
+2%
3 674
+4%
3 812
+4%
3 864
+1%
4 042
+5%
4 200
+4%
4 443
+6%
4 592
+3%
4 763
+4%
4 885
+3%
4 584
-6%
4 644
+1%
4 736
+2%
4 762
+1%
5 060
+6%
5 237
+3%
5 156
-2%
4 803
-7%
5 091
+6%
5 291
+4%
5 108
-3%
5 283
+3%
5 031
-5%
6 606
+31%
6 647
+1%
2 990
-55%
3 097
+4%
(597)
N/A
(175)
+71%
4 323
N/A
4 464
+3%
6 634
+49%
7 222
+9%
8 262
+14%
7 956
-4%
7 179
-10%
7 395
+3%
7 203
-3%
7 577
+5%
8 001
+6%
8 132
+2%
8 378
+3%
3 374
-60%
4 311
+28%
4 093
-5%
2 965
-28%
8 632
+191%
8 344
-3%
7 321
-12%
7 190
-2%
5 016
-30%
4 614
-8%
5 280
+14%
4 531
-14%
469
-90%
EPS (Diluted)
0.5
N/A
0.43
-14%
0.41
-5%
0.46
+12%
0.88
+91%
0.91
+3%
0.93
+2%
0.96
+3%
1.03
+7%
1.06
+3%
1.1
+4%
1.09
-1%
1.1
+1%
1.14
+4%
1.19
+4%
1.27
+7%
1.45
+14%
1.47
+1%
1.54
+5%
1.57
+2%
1.6
+2%
1.52
-5%
1.17
-23%
1.46
+25%
1.92
+32%
2.01
+5%
2.07
+3%
2.08
+0%
2.18
+5%
2.17
0%
2.24
+3%
2.47
+10%
2.55
+3%
2.67
+5%
2.65
-1%
2.52
-5%
2.49
-1%
2.45
-2%
2.46
+0%
2.55
+4%
2.59
+2%
2.68
+3%
2.85
+6%
2.99
+5%
3.02
+1%
3.25
+8%
3.39
+4%
3.62
+7%
3.75
+4%
4
+7%
4.16
+4%
3.93
-6%
3.97
+1%
4.16
+5%
4.2
+1%
4.51
+7%
4.64
+3%
4.69
+1%
4.49
-4%
4.74
+6%
4.9
+3%
4.93
+1%
5.15
+4%
4.93
-4%
6.45
+31%
6.52
+1%
2.93
-55%
3.03
+3%
-0.57
N/A
-0.13
+77%
3.32
N/A
3.42
+3%
5.08
+49%
5.52
+9%
6.29
+14%
6.05
-4%
5.47
-10%
5.59
+2%
5.42
-3%
5.7
+5%
6.02
+6%
6.11
+1%
6.34
+4%
2.56
-60%
3.26
+27%
3.17
-3%
2.31
-27%
6.69
+190%
6.47
-3%
5.77
-11%
5.71
-1%
3.98
-30%
3.66
-8%
4.19
+14%
3.58
-15%
0.38
-89%