CVS HEALTH Corp (CVS)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-312013-Dec-31
Fiscal PeriodQ3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014Q4-FY2013
Total Revenue102,871,000,000$98,915,000,000$94,588,000,000$97,710,000,000$95,428,000,000$91,234,000,000$88,437,000,000$93,813,000,000$89,764,000,000$88,921,000,000$85,278,000,000$83,846,000,000$81,159,000,000$80,636,000,000$76,826,000,000$76,604,000,000$73,794,000,000$72,616,000,000$69,097,000,000$69,554,000,000$67,056,000,000$65,341,000,000$66,755,000,000$66,889,000,000$64,810,000,000$63,431,000,000$61,646,000,000$54,424,000,000$47,490,000,000$46,922,000,000$45,743,000,000$48,391,000,000$46,186,000,000$45,689,000,000$44,520,000,000$45,971,000,000$44,615,000,000$43,725,000,000$43,215,000,000$41,145,000,000$38,644,000,000$37,169,000,000$36,332,000,000$37,055,000,000$35,021,000,000$34,602,000,000$32,689,000,000$32,830,000,000$
QoQ%4.00%4.58%(3.20%)2.39%4.60%3.16%(5.73%)4.51%.95%4.27%1.71%3.31%.65%4.96%.29%3.81%1.62%5.09%(.66%)3.73%2.63%(2.12%)(.20%)3.21%2.17%2.90%13.27%14.60%1.21%2.58%(5.47%)4.77%1.09%2.63%(3.16%)3.04%2.04%1.18%5.03%6.47%3.97%2.30%(1.95%)5.81%1.21%5.85%(.43%)2.81%
YoY%7.80%8.42%6.96%4.15%6.31%2.60%3.70%11.89%10.60%10.28%11.00%9.45%9.98%11.04%11.19%10.14%10.05%11.13%3.51%3.98%3.47%3.01%8.29%22.90%36.47%35.18%34.77%12.47%2.82%2.70%2.75%5.26%3.52%4.49%3.02%11.73%15.45%17.64%18.95%11.04%10.35%7.42%11.14%12.87%9.67%10.73%6.30%4.56%
Cost Of Revenue57,045,000,000$54,005,000,000$51,057,000,000$55,268,000,000$52,948,000,000$49,998,000,000$48,073,000,000$57,419,000,000$54,688,000,000$53,536,000,000$51,455,000,000$51,728,000,000$50,365,000,000$49,290,000,000$45,509,000,000$46,378,000,000$45,011,000,000$43,520,000,000$40,894,000,000$42,452,000,000$40,940,000,000$40,242,000,000$40,347,000,000$42,065,000,000$40,437,000,000$38,970,000,000$37,247,000,000$40,564,000,000$40,162,000,000$39,721,000,000$38,884,000,000$40,481,000,000$39,055,000,000$38,750,000,000$37,934,000,000$38,365,000,000$37,123,000,000$36,710,000,000$36,471,000,000$33,845,000,000$31,983,000,000$30,767,000,000$30,168,000,000$30,422,000,000$28,553,000,000$28,278,000,000$26,747,000,000$26,491,000,000$
Gross Profit45,826,000,000$44,910,000,000$43,531,000,000$42,442,000,000$42,480,000,000$41,236,000,000$40,364,000,000$36,394,000,000$35,076,000,000$35,385,000,000$33,823,000,000$32,118,000,000$30,794,000,000$31,346,000,000$31,317,000,000$30,226,000,000$28,783,000,000$29,096,000,000$28,203,000,000$27,102,000,000$26,116,000,000$25,099,000,000$26,408,000,000$24,824,000,000$24,373,000,000$24,461,000,000$24,399,000,000$13,860,000,000$7,328,000,000$7,201,000,000$6,859,000,000$7,904,000,000$7,117,000,000$6,926,000,000$6,571,000,000$7,606,000,000$7,492,000,000$7,015,000,000$6,744,000,000$7,301,000,000$6,661,000,000$6,402,000,000$6,164,000,000$6,633,000,000$6,468,000,000$6,324,000,000$5,942,000,000$6,338,000,000$
Gross Margin44.55%45.40%46.02%43.44%44.52%45.20%45.64%38.79%39.08%39.79%39.66%38.31%37.94%38.87%40.76%39.46%39.01%40.07%40.82%38.97%38.95%38.41%39.56%37.11%37.61%38.56%39.58%25.47%15.43%15.35%15.00%16.33%15.41%15.16%14.76%16.55%16.79%16.04%15.61%17.75%17.24%17.22%16.97%17.90%18.47%18.28%18.18%19.31%
Operating Expenses49,033,000,000$42,529,000,000$40,157,000,000$40,074,000,000$41,648,000,000$38,191,000,000$38,093,000,000$33,021,000,000$31,386,000,000$32,151,000,000$30,377,000,000$28,459,000,000$34,713,000,000$9,171,000,000$9,876,000,000$27,880,000,000$25,722,000,000$8,869,000,000$8,922,000,000$24,578,000,000$8,471,000,000$8,668,000,000$8,563,000,000$8,654,000,000$8,595,000,000$8,042,000,000$8,250,000,000$6,613,000,000$4,975,000,000$4,867,000,000$4,913,000,000$4,604,000,000$4,618,000,000$4,809,000,000$4,778,000,000$4,563,000,000$4,668,000,000$4,658,000,000$4,559,000,000$4,551,000,000$4,330,000,000$4,140,000,000$4,032,000,000$4,312,000,000$4,222,000,000$4,116,000,000$3,918,000,000$4,122,000,000$
Operating Income(3,207,000,000$)2,381,000,000$3,374,000,000$2,368,000,000$832,000,000$3,045,000,000$2,271,000,000$3,373,000,000$3,690,000,000$3,234,000,000$3,446,000,000$3,659,000,000$(3,919,000,000$)4,669,000,000$3,545,000,000$2,346,000,000$3,061,000,000$4,326,000,000$3,577,000,000$2,524,000,000$3,249,000,000$4,680,000,000$3,458,000,000$3,037,000,000$2,928,000,000$3,332,000,000$2,690,000,000$824,000,000$2,574,000,000$(1,373,000,000$)1,996,000,000$3,114,000,000$2,504,000,000$2,121,000,000$1,799,000,000$3,000,000,000$2,824,000,000$2,357,000,000$2,185,000,000$2,729,000,000$2,331,000,000$2,262,000,000$2,132,000,000$2,321,000,000$2,246,000,000$2,208,000,000$2,024,000,000$2,217,000,000$
Operating Margin(3.12%)2.41%3.57%2.42%.87%3.34%2.57%3.60%4.11%3.64%4.04%4.36%(4.83%)5.79%4.61%3.06%4.15%5.96%5.18%3.63%4.85%7.16%5.18%4.54%4.52%5.25%4.36%1.51%5.42%(2.93%)4.36%6.44%5.42%4.64%4.04%6.53%6.33%5.39%5.06%6.63%6.03%6.09%5.87%6.26%6.41%6.38%6.19%6.75%
Interest Income6,000,000$5,000,000$4,000,000$5,000,000$6,000,000$7,000,000$5,000,000$3,000,000$4,000,000$5,000,000$3,000,000$3,000,000$3,000,000$
Interest Expenses716,000,000$690,000,000$693,000,000$686,000,000$589,000,000$552,000,000$566,000,000$583,000,000$586,000,000$608,000,000$602,000,000$636,000,000$657,000,000$678,000,000$731,000,000$765,000,000$733,000,000$734,000,000$747,000,000$772,000,000$782,000,000$733,000,000$674,000,000$689,000,000$523,000,000$297,000,000$245,000,000$247,000,000$252,000,000$248,000,000$258,000,000$284,000,000$288,000,000$282,000,000$268,000,000$171,000,000$137,000,000$135,000,000$158,000,000$161,000,000$161,000,000$138,000,000$
Income Before Tax(3,482,000,000$)1,647,000,000$2,617,000,000$2,126,000,000$105,000,000$2,337,000,000$1,580,000,000$2,705,000,000$3,019,000,000$2,570,000,000$2,879,000,000$3,150,000,000$(4,444,000,000$)4,129,000,000$3,001,000,000$1,687,000,000$2,145,000,000$3,735,000,000$2,970,000,000$1,225,000,000$1,806,000,000$3,960,000,000$2,779,000,000$2,334,000,000$2,133,000,000$2,591,000,000$1,939,000,000$102,000,000$1,899,000,000$(2,065,000,000$)1,470,000,000$2,809,000,000$2,062,000,000$1,863,000,000$1,534,000,000$2,753,000,000$2,463,000,000$1,528,000,000$1,893,000,000$2,453,000,000$2,070,000,000$2,096,000,000$1,998,000,000$2,190,000,000$1,572,000,000$2,050,000,000$1,866,000,000$2,082,000,000$
Tax Expenses508,000,000$634,000,000$835,000,000$503,000,000$34,000,000$569,000,000$456,000,000$658,000,000$754,000,000$656,000,000$737,000,000$818,000,000$(1,045,000,000$)1,090,000,000$646,000,000$300,000,000$558,000,000$944,000,000$746,000,000$241,000,000$587,000,000$974,000,000$767,000,000$590,000,000$604,000,000$660,000,000$512,000,000$524,000,000$509,000,000$497,000,000$472,000,000$(478,000,000$)777,000,000$766,000,000$572,000,000$1,046,000,000$921,000,000$604,000,000$746,000,000$953,000,000$833,000,000$824,000,000$777,000,000$868,000,000$624,000,000$804,000,000$737,000,000$816,000,000$
Net Income(3,990,000,000$)1,013,000,000$1,782,000,000$1,623,000,000$71,000,000$1,768,000,000$1,124,000,000$2,047,000,000$2,265,000,000$1,914,000,000$2,142,000,000$2,332,000,000$(3,399,000,000$)3,039,000,000$2,355,000,000$1,387,000,000$1,587,000,000$2,791,000,000$2,224,000,000$975,000,000$1,219,000,000$2,986,000,000$2,012,000,000$1,744,000,000$1,529,000,000$1,931,000,000$1,427,000,000$(421,000,000$)1,390,000,000$(2,563,000,000$)998,000,000$3,287,000,000$1,285,000,000$1,098,000,000$953,000,000$1,707,000,000$1,541,000,000$924,000,000$1,147,000,000$1,499,000,000$1,247,000,000$1,272,000,000$1,221,000,000$1,321,000,000$948,000,000$1,246,000,000$1,129,000,000$1,265,000,000$
Profit Margin(3.88%)1.02%1.88%1.66%.07%1.94%1.27%2.18%2.52%2.15%2.51%2.78%(4.19%)3.77%3.07%1.81%2.15%3.84%3.22%1.40%1.82%4.57%3.01%2.61%2.36%3.04%2.32%(.77%)2.93%(5.46%)2.18%6.79%2.78%2.40%2.14%3.71%3.45%2.11%2.65%3.64%3.23%3.42%3.36%3.57%2.71%3.60%3.45%3.85%
TTM.11%1.16%1.38%1.23%1.36%1.98%2.04%2.34%2.49%.88%1.24%1.34%1.07%2.72%2.71%2.74%2.66%2.59%2.73%2.68%2.99%3.14%2.76%2.58%1.83%1.91%(.08%)(.31%)1.65%1.61%3.59%3.58%2.77%2.93%2.87%3.00%2.96%2.89%3.23%3.42%3.39%3.27%3.31%3.33%3.40%3.70%3.70%3.62%
Earnings to Minority(15,000,000$)(8,000,000$)3,000,000$(21,000,000$)(16,000,000$)(2,000,000$)11,000,000$1,000,000$4,000,000$13,000,000$6,000,000$(2,000,000$)7,000,000$10,000,000$1,000,000$(10,000,000$)(11,000,000$)8,000,000$1,000,000$2,000,000$(5,000,000$)11,000,000$5,000,000$(3,000,000$)(1,000,000$)(5,000,000$)6,000,000$(2,000,000$)0$0$0$0$1,000,000$0$1,000,000$0$1,000,000$1,000,000$1,000,000$0$0$0$0$0$
Earnings to Common Shareholders(3,975,000,000$)1,021,000,000$1,779,000,000$1,644,000,000$87,000,000$1,770,000,000$1,113,000,000$2,046,000,000$2,261,000,000$1,901,000,000$2,136,000,000$2,334,000,000$(3,406,000,000$)3,029,000,000$2,354,000,000$1,397,000,000$1,598,000,000$2,783,000,000$2,223,000,000$973,000,000$1,224,000,000$2,975,000,000$2,007,000,000$1,747,000,000$1,530,000,000$1,935,000,000$1,419,000,000$(419,000,000$)1,390,000,000$(2,563,000,000$)998,000,000$3,287,000,000$1,285,000,000$1,098,000,000$952,000,000$1,707,000,000$1,540,000,000$924,000,000$1,146,000,000$1,498,000,000$1,246,000,000$1,272,000,000$1,221,000,000$1,321,000,000$948,000,000$1,246,000,000$1,129,000,000$1,265,000,000$
QoQ%(489.32%)(42.61%)8.21%1,789.66%(95.09%)59.03%(45.60%)(9.51%)18.94%(11.00%)(8.48%)168.53%(212.45%)28.68%68.50%(12.58%)(42.58%)25.19%128.47%(20.51%)(58.86%)48.23%14.88%14.18%(20.93%)36.36%438.66%(130.14%)154.23%(356.81%)(69.64%)155.80%17.03%15.34%(44.23%)10.84%66.67%(19.37%)(23.50%)20.23%(2.04%)4.18%(7.57%)39.35%(23.92%)10.36%(10.75%)1.28%
YoY%(4,668.97%)(42.32%)59.84%(19.65%)(96.15%)(6.89%)(47.89%)(12.34%)166.38%(37.24%)(9.26%)67.07%(313.14%)8.84%5.89%43.58%30.56%(6.45%)10.76%(44.31%)(20.00%)53.75%41.44%516.95%10.07%175.50%42.18%(112.75%)8.17%(333.42%)4.83%92.56%(16.56%)18.83%(16.93%)13.95%23.60%(27.36%)(6.14%)13.40%31.44%2.09%8.15%4.43%(24.10%)10.85%18.34%12.44%
Earnings Per Share, Basic(3.13$)0.81$1.41$1.30$0.07$1.41$0.88$1.59$1.76$1.48$1.66$1.78$(2.59$)2.31$1.79$1.06$1.21$2.11$1.69$0.74$0.93$2.27$1.54$1.34$1.18$1.49$1.09$(0.37$)1.36$(2.52$)0.98$3.24$1.26$1.08$0.92$1.61$1.44$0.86$1.05$1.35$1.12$1.13$1.08$1.16$0.82$1.07$0.96$1.06$
Earnings Per Share, Diluted(3.13$)0.80$1.41$1.30$0.07$1.41$0.88$1.58$1.75$1.48$1.65$1.76$(2.59$)2.29$1.77$1.04$1.20$2.10$1.68$0.74$0.93$2.26$1.53$1.33$1.17$1.49$1.09$(0.38$)1.36$(2.52$)0.98$3.23$1.26$1.07$0.92$1.60$1.44$0.86$1.04$1.34$1.11$1.12$1.07$1.15$0.81$1.06$0.95$1.05$
Unlevered FCF Per Share, Basic0.08$1.02$3.02$0.87$(1.12$)1.95$3.33$(2.76$)1.69$4.14$5.03$(2.02$)6.50$3.83$1.91$2.58$3.72$4.06$1.57$2.18$1.02$5.10$1.96$1.59$1.79$3.66$0.95$1.69$0.55$2.46$1.84$(0.63$)2.05$1.54$2.99$1.42$3.21$1.07$1.69$2.55$1.14$0.46$1.39$2.38$0.95$0.34$1.51$0.74$
Unlevered FCF Per Share, Diluted0.08$1.02$3.02$0.86$(1.12$)1.95$3.31$(2.75$)1.68$4.13$5.00$(1.99$)6.50$3.81$1.89$2.55$3.70$4.04$1.56$2.17$1.02$5.08$1.95$1.58$1.78$3.66$0.95$1.70$0.55$2.46$1.84$(0.63$)2.05$1.53$2.97$1.41$3.20$1.06$1.68$2.53$1.13$0.45$1.38$2.37$0.95$0.34$1.50$0.74$
Average Shares, Basic1,269,000,0001,266,000,0001,261,000,0001,261,000,0001,259,000,0001,256,000,0001,260,000,0001,287,000,0001,287,000,0001,283,000,0001,283,000,0001,308,000,0001,315,000,0001,313,000,0001,312,000,0001,323,000,0001,321,000,0001,319,000,0001,313,000,0001,311,000,0001,310,000,0001,309,000,0001,306,000,0001,303,000,0001,302,000,0001,301,000,0001,298,000,0001,122,000,0001,020,000,0001,018,000,0001,016,000,0001,015,000,0001,016,000,0001,019,000,0001,030,000,0001,062,000,0001,068,000,0001,070,000,0001,092,000,0001,106,000,0001,114,000,0001,124,000,0001,128,000,0001,142,000,0001,157,000,0001,165,000,0001,180,000,0001,191,000,000
Average Shares, Diluted1,269,000,0001,270,000,0001,264,000,0001,263,000,0001,259,000,0001,259,000,0001,267,000,0001,292,000,0001,290,000,0001,287,000,0001,291,000,0001,328,000,0001,315,000,0001,321,000,0001,328,000,0001,338,000,0001,329,000,0001,327,000,0001,322,000,0001,315,000,0001,315,000,0001,314,000,0001,312,000,0001,311,000,0001,305,000,0001,302,000,0001,302,000,0001,117,000,0001,022,000,0001,018,000,0001,019,000,0001,017,000,0001,020,000,0001,024,000,0001,035,000,0001,069,000,0001,073,000,0001,075,000,0001,099,000,0001,115,000,0001,121,000,0001,132,000,0001,136,000,0001,148,000,0001,164,000,0001,174,000,0001,190,000,0001,201,000,000
EBIT(3,482,000,000$)1,647,000,000$2,617,000,000$2,126,000,000$105,000,000$2,337,000,000$2,296,000,000$3,395,000,000$3,712,000,000$3,256,000,000$3,468,000,000$3,702,000,000$(3,878,000,000$)4,712,000,000$3,587,000,000$2,295,000,000$2,747,000,000$4,371,000,000$3,627,000,000$1,903,000,000$2,537,000,000$4,725,000,000$3,512,000,000$3,068,000,000$2,880,000,000$3,363,000,000$2,721,000,000$835,000,000$2,573,000,000$(1,376,000,000$)1,993,000,000$3,106,000,000$2,307,000,000$2,110,000,000$1,786,000,000$3,001,000,000$2,721,000,000$1,812,000,000$2,181,000,000$2,735,000,000$2,338,000,000$2,267,000,000$2,135,000,000$2,325,000,000$1,730,000,000$2,211,000,000$2,027,000,000$2,220,000,000$
EBITDA(2,348,000,000$)2,818,000,000$3,771,000,000$3,273,000,000$1,266,000,000$3,488,000,000$3,434,000,000$4,529,000,000$4,839,000,000$4,360,000,000$4,469,000,000$4,745,000,000$(2,828,000,000$)5,794,000,000$4,636,000,000$3,384,000,000$3,881,000,000$5,508,000,000$4,753,000,000$3,042,000,000$3,651,000,000$5,827,000,000$4,598,000,000$4,164,000,000$3,972,000,000$4,435,000,000$3,832,000,000$1,642,000,000$3,193,000,000$(729,000,000$)2,637,000,000$3,728,000,000$2,922,000,000$2,110,000,000$2,405,000,000$3,629,000,000$3,332,000,000$2,431,000,000$2,798,000,000$3,317,000,000$2,870,000,000$2,755,000,000$2,625,000,000$2,814,000,000$2,207,000,000$2,699,000,000$2,504,000,000$2,678,000,000$