CVS Health Corp
NYSE:CVS
ROIC
Return on Invested Capital
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
ROIC Across Competitors
| Country | Company | Market Cap | ROIC | ||
|---|---|---|---|---|---|
| US |
|
CVS Health Corp
NYSE:CVS
|
80.8B USD |
4%
|
|
| US |
C
|
Cigna Group
XMUN:CGN
|
74.6B EUR |
6%
|
|
| US |
|
Cigna Corp
NYSE:CI
|
85.5B USD |
6%
|
|
| DE |
|
Fresenius Medical Care AG
XMUN:FME
|
29.4B EUR |
3%
|
|
| DE |
|
Fresenius SE & Co KGaA
XETRA:FRE
|
24.3B EUR |
3%
|
|
| US |
|
Laboratory Corporation of America Holdings
NYSE:LH
|
20.9B USD |
6%
|
|
| US |
|
Quest Diagnostics Inc
NYSE:DGX
|
19.4B USD |
9%
|
|
| DE |
F
|
Fresenius Medical Care AG & Co KGaA
XETRA:FME
|
14.7B EUR |
3%
|
|
| US |
|
Hims & Hers Health Inc
NYSE:HIMS
|
12.6B USD |
48%
|
|
| US |
|
DaVita Inc
NYSE:DVA
|
10.5B USD |
10%
|
|
| US |
|
Chemed Corp
NYSE:CHE
|
8.4B USD |
22%
|
CVS Health Corp
Glance View
CVS Health Corporation stands as a pivotal player in the healthcare landscape, tracing its roots back to the early 1960s as a modest chain of health and beauty stores. Evolving through strategic acquisitions and visionary leadership, it burgeoned into one of America’s foremost health solutions providers. The company operates through several segments, each contributing to a comprehensive healthcare ecosystem. Retail/LTC, its retail division, oversees a vast network of pharmacies nationwide, capitalizing on its trusted brand to serve millions of customers with prescriptions, over-the-counter medications, and everyday essentials. Through this extensive reach, CVS leverages its convenience and accessibility, capturing a significant share of consumer healthcare spending. However, CVS's business model doesn't stop at retail. It delves deeper into healthcare through its pharmacy benefits manager, Caremark, which provides employers and insurers with effective cost control for prescription drugs. Additionally, the landmark acquisition of Aetna, a leading health insurer, marked a strategic pivot towards vertically integrated healthcare services. This acquisition has enabled CVS not only to offer insurance products but also to streamline care with initiatives like MinuteClinics and HealthHUBs, aiming to reduce overall healthcare costs while improving patient outcomes. By intertwining its various services, CVS Health positions itself as a pioneer in the industry, standing at the intersection of healthcare delivery, pharmacy services, and insurance management, ultimately crafting synergies that aim to redefine the future of consumer health engagement.
See Also
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
Based on CVS Health Corp's most recent financial statements, the company has ROIC of 4%.
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