CVS logo CVS Health Corporation +
Ticker
CVS
UNH
Headquarter
Woonsocket ,RI
US
Eden Prairie ,MN
US
CEO
J. David Joyner CEBS
Stephen J. Hemsley
Industry
Medical - Healthcare Plans
Medical - Healthcare Plans
Stock Price
Stock Price
Market Cap
Market Cap
$77.94 B
$218.60 B
Employees
Years
  • 2022
  • 2023
  • 2024
  • 2021
  • 2022
  • 2024
Employees
  • 300.00 K
  • 300.00 K
  • 300.00 K
  • 350.00 K
  • 400.00 K
  • 400.00 K
Y/Y
0%
0%
0%
6.06%
14.29%
0%

Income Statement

Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue
  • $322.47 B
  • $357.78 B
  • $372.81 B
  • $324.16 B
  • $371.62 B
  • $400.28 B
Y/Y
10.39%
10.95%
4.2%
12.71%
14.64%
7.71%
Revenue by Products / Services
Revenue by Geography
Research and Development
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Research and Development
  • -
  • -
  • -
  • -
  • -
  • -
Y/Y
0%
0%
0%
0%
0%
0%
Operating Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income
  • $7.95 B
  • $13.74 B
  • $8.52 B
  • $28.44 B
  • $32.36 B
  • $32.29 B
Y/Y
40.24%
72.78%
38.03%
18.63%
13.8%
0.22%
Tax Rate (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Tax Rate (%)
  • 26.00%
  • 25.00%
  • 25.00%
  • 22.00%
  • 21.00%
  • 24.00%
Y/Y
6.95%
2.9%
1.19%
5.51%
5.31%
17.37%
Net Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income
  • $4.31 B
  • $8.34 B
  • $4.61 B
  • $20.12 B
  • $22.38 B
  • $14.41 B
Y/Y
46.12%
93.55%
44.7%
16.4%
11.24%
35.64%
Revenue Per Employee
Years
  • 2022
  • 2023
  • 2024
  • 2021
  • 2022
  • 2024
Revenue Per Employee
  • $1.07 M
  • $1.19 M
  • $1.24 M
  • $821.71 K
  • $810.41 K
  • $1.00 M
Y/Y
10.39%
10.95%
4.2%
5.45%
1.38%
23.48%
Net Income Per Employee
Years
  • 2022
  • 2023
  • 2024
  • 2021
  • 2022
  • 2024
Net Income Per Employee
  • $14.37 K
  • $27.81 K
  • $15.38 K
  • $49.39 K
  • $50.30 K
  • $36.01 K
Y/Y
46.12%
93.55%
44.7%
5.81%
1.85%
28.4%

Assets & Liabilities | Cash Flow

Total Assets
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Assets
  • $228.28 B
  • $249.73 B
  • $253.22 B
  • $245.71 B
  • $273.72 B
  • $298.28 B
Y/Y
2.03%
9.4%
1.4%
15.79%
11.4%
8.97%
Total Liabilities
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Liabilities
  • $156.51 B
  • $173.09 B
  • $177.49 B
  • $159.36 B
  • $174.80 B
  • $195.69 B
Y/Y
0.71%
10.6%
2.54%
17.41%
9.69%
11.95%
Capital Expenditures (Capex)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Capital Expenditures (Capex)
  • -$2.73 B
  • -$3.03 B
  • -$2.78 B
  • -$2.80 B
  • -$3.39 B
  • -$3.50 B
Y/Y
8.21%
11.15%
8.25%
14.18%
20.84%
3.34%

Profitability

Operating Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income Margin (%)
  • 2.47%
  • 3.84%
  • 2.28%
  • 8.77%
  • 8.71%
  • 8.07%
Y/Y
45.83%
55.47%
40.63%
5.28%
0.68%
7.35%
Net Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income Margin (%)
  • 1.34%
  • 2.33%
  • 1.24%
  • 6.21%
  • 6.02%
  • 3.60%
Y/Y
51.09%
73.88%
46.78%
3.33%
3.06%
40.2%
EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
EBITDA
  • $12.35 B
  • $18.20 B
  • $13.68 B
  • $31.84 B
  • $32.52 B
  • $28.08 B
Y/Y
29.55%
47.38%
24.81%
17.59%
2.14%
13.66%
Free Cash Flow (FCF)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Free Cash Flow (FCF)
  • $13.45 B
  • $10.40 B
  • $6.33 B
  • $23.40 B
  • $25.68 B
  • $20.71 B
Y/Y
14.58%
22.71%
39.14%
17.67%
9.73%
19.38%

Ratios

Return on Equity (ROE)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Equity (ROE)
  • 6.03%
  • 10.91%
  • 6.11%
  • 25.87%
  • 25.22%
  • 15.55%
Y/Y
43.43%
80.93%
44%
7.39%
2.51%
38.34%
Return on Assets (ROA)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Assets (ROA)
  • 1.89%
  • 3.34%
  • 1.82%
  • 8.19%
  • 8.18%
  • 4.83%
Y/Y
44.9%
76.72%
45.51%
0.49%
0.12%
40.95%
Debt to Equity
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Debt to Equity
  • 98.97%
  • 103.82%
  • 109.74%
  • 74.09%
  • 75.98%
  • 83.00%
Y/Y
2.23%
4.9%
5.7%
15.57%
2.55%
9.24%

Valuation

Enterprise Value
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value
  • $180.05 B
  • $172.65 B
  • $130.85 B
  • $529.45 B
  • $530.57 B
  • $521.54 B
Y/Y
11.16%
4.11%
24.21%
6.28%
0.21%
1.7%
Enterprise value to Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to Revenue
  • 0.56
  • 0.48
  • 0.35
  • 1.63
  • 1.43
  • 1.30
Y/Y
19.52%
13.57%
27.27%
5.7%
12.59%
8.74%
Enterprise value to EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to EBITDA
  • 14.58
  • 9.49
  • 9.56
  • 16.63
  • 16.32
  • 18.58
Y/Y
26.11%
34.94%
0.79%
9.62%
1.89%
13.85%