Revenue segments as reported by the company.

Products

Premiums

Services

Net investment income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Benefit costs

Operating expenses

Goodwill impairment

Store impairments

Opioid litigation charges

Loss on assets held for sale

Restructuring charge

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

CVS Health

Aetna is an American managed health care company, which sells traditional and consumer directed health care insurance plans and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans. Aetna is a member of the Fortune 500.

Aetna

CVS Pharmacy is a subsidiary of the American retail and health care company CVS Health, headquartered in Woonsocket, Rhode Island. It was also known as, and originally named the Consumer Value Store and was founded in Lowell, Massachusetts, in 1963. The chain was owned by its original holding company Melville Corporation since its inception until its current parent company CVS Health was spun off into its own company in 1996. CVS Pharmacy is currently the largest pharmacy chain in the United States by number of locations (over 9,600 as of 2016) and total prescription revenue. As the retail pharmacy division of CVS Health, it ranks as the 7th largest U.S. corporation according to Fortune 500 in 2016. CVS Pharmacy's leading competitor Walgreens Boots Alliance ranked 37th.

CVS Pharmacy

CVS Health Corp. is a health solutions company, which engages in the provision of healthcare services. It operates through the following segments: Health Care Benefits, Health Services, Pharmacy and Consumer Wellness, and Corporate and Other. The Health Care Benefits segment operates as a health care benefits provider. The Health Services segment offers a full range of PBM solutions, delivers health care services in its medical clinics, virtually, and in the home. The Pharmacy & Consumer Wellness segment dispenses prescriptions in its retail pharmacies and through its infusion operations. The Corporate and Other Segment is involved in management and administrative expenses. The company was founded by Stanley P. Goldstein and Ralph Hoagland in 1963 and is headquartered in Woonsocket, RI.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

CVS Health exceeds Q4 expectations, eyes growth with Oak Street

CVS Health's strong financial performance in 2022, driven by revenue growth and exceeding EPS expectations, positions the company well for future growth.
The acquisition of Oak Street Health presents opportunities to expand into primary care and improve long-term earnings growth, despite challenges in maintaining retail performance.

CVS Health excels in Q1, eyes growth through acquisitions and innovation

CVS Health's strong financial performance, strategic acquisitions, and customer-centric initiatives position the company for sustained growth and competitive advantage.
While facing challenges in the evolving healthcare landscape, CVS Health's focus on innovation, affordability, and operational efficiency provides a solid foundation for future success.
By capitalizing on opportunities in growth, synergies, and healthcare services, CVS Health can navigate industry headwinds and drive long-term value creation for stakeholders.

CVS Health reports robust Q2 earnings, eyes growth opportunities

CVS Health's Q2 2023 performance reflects strong financial results and strategic acquisitions driving growth.
Despite challenges like higher costs and restructuring charges, the company remains confident in its ability to deliver outstanding performance.
Opportunities lie in expanding Medicaid contracts, biosimilar market establishment, and clinic openings for at-risk populations.
Overall, CVS Health's focus on cost optimization, digital sales growth, and patient engagement positions it well for future success.

CVS Health reports robust Q3 earnings and strategic growth plans

CVS Health's Q3 performance reflects strong financial results and strategic initiatives across its segments, positioning the company for sustainable growth.
While facing challenges like declining vaccine demand and contract losses, CVS Health is focused on leveraging opportunities in biosimilars and cost-saving solutions.
The company's commitment to operational excellence, innovation, and workforce investment underscores its strategic vision for becoming a leading health solutions provider.
With a clear focus on growth drivers and mitigating challenges, CVS Health is poised to capitalize on market opportunities and deliver value to shareholders.

CVS Health reports robust Q4 earnings, eyes Medicare margin recovery

CVS Health's Q4 2023 earnings call highlighted strong financial performance, a cautious stance on Medicare Advantage utilization, and a focus on transforming healthcare delivery. The company is committed to margin recovery, growth, and enhancing customer experience while addressing challenges in Medicare Advantage trends and cost pressures.

CVS Health faces Medicare Advantage challenges, focuses on margin improvement

CVS Health's Q1 2024 earnings call highlighted strong financial performance, challenges in the Medicare Advantage business, and a focus on improving margins. The company showcased strengths in the biosimilar market and Pharmacy & Consumer Wellness segment while addressing issues impacting Health Care Benefits and Services segments.

CVS Health's Q2 2024 performance reflects strong financial results, cost savings, and innovative initiatives in pharmacy services.
The company faces challenges in the Health Care Benefits segment but is actively addressing them through leadership changes and operational improvements.
Opportunities for growth include driving margin improvements, expanding digital reach, and educating stakeholders on the value delivery of PBMs.
Expectation of margin recovery in Medicare Advantage and double-digit EPS growth in 2025 highlight CVS Health's strategic focus on operational efficiencies and cost savings.

CVS Health reports robust Q3 earnings, focuses on growth strategies

CVS Health's Q3 2024 performance was marked by strong financial results, leadership changes, and segment-specific challenges and successes. The company is focused on leveraging opportunities in strategic initiatives and addressing areas for improvement to drive future growth.

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Cost of revenue

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SG&A

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EBITDA

Net income

Earnings per share

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Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

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Minority interest

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Book value per share

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Cash from investing

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Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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The Summer 2023 edition of Fortune Magazine revealed 500 biggest U.S. companies by-revenue. Dogcatcher's quest to sniff-out the best-dividend buys focused on 68 industry-leaders using YCharts 1/12/24 data. Those 68 industry-leaders were segmented into 21 business-sectors, ranging (alphabetically) from apparel to wholesalers. 3 of the 68 were private or foreign-exchange listed firms are not tracked-by YCharts, leaving 65 listed. 58 dividend yielding stocks led those 68 industry leaders and ranged 0.18% to 8.92% in annual yield and ranged -10.48% to 38.16% in broker estimated one-year price target upsides.

Buy 4 January Dividend Fortune 500 Industry Leaders (Of 68), Watch 4 More

After CVS Health Corp. NYSE: CVS said it would shutter dozens of pharmacies in Target Corp. NYSE: TGT stores, the stock immediately declined by 3%, but in the January 16 session was bucking the broad market downturn with a gain of 0.71%.

Are CVS store closures prescription for better financial health?

CVS Health/Harris Poll survey reveals 84% of consumers say pharmacists play a critical role in providing health care services to patients Many pharmacists want to do more for their communities, but need more support to do so Expanded omnichannel services, digital innovations and a strong workforce pipeline are vital to the future of pharmacy care WOONSOCKET, R.I. , Jan. 17, 2024 /PRNewswire/ -- CVS Health® (NYSE: CVS) today released The Rx Report: The future of community pharmacy opens doors to healthier communities , which outlines the evolution of consumers' expectations of community pharmacy and how local pharmacies continue to add value to the health care system, especially for vulnerable populations, to help close gaps in care.

New report from CVS Health® highlights opportunities for the future of community pharmacy

Rite Aid Corp

Walgreens

A spate of pharmacy closings in Boston have drawn protests as more than 1,000 drug store chain locations across the country have closed, reigniting long standing concerns that low-income, Black and Latino Americans are bearing the brunt as pharmacies continue to disappear amid increased competition and other factors.

Here's Why Drug Stores Are Closing In Minority Neighborhoods: Walgreens, CVS And Rite Aid Shutter More Than 1,000

Hims & Hers Health

Talkspace

Telehealth stocks fell off the collective radar somewhat post-pandemic. But betting against the sector isn't smart because healthcare's future is undoubtedly anchored in virtual offerings for routine and non-emergent care.

3 Stocks to Profit from the Telehealth Transformation

WOONSOCKET, R.I. , Jan. 12, 2024 /PRNewswire/ -- CVS Health® (NYSE: CVS) will hold a conference call with analysts and investors on Wednesday, February 7, 2024, at 8:00 a.m.

CVS Health to Hold Fourth Quarter and Full Year 2023 Earnings Conference Call

CVS Health Corp (NYSE:CVS) plans to shut some of the pharmacies located at American retailer Target Corporation (NYSE:TGT)'s department stores from next month, according to reports.   The move forms part of efforts by CVS, which trades shares on the London and New York stock exchanges, to reduce the number of stores on the ground as it shifts its strategy towards being a health service provider.

CVS Health to close raft of pharmacies

CVS Health, which paid nearly $2 billion to buy the pharmacy and clinic business of retail giant Target eight years ago, is shuttering “select CVS Pharmacy in Target locations in early 2024,” the drugstore giant said Thursday.

CVS Health To Close Pharmacies Inside ‘Select' Target Locations

Target

The pharmacy closures will begin in February and be completed by the end of April, CVS said.

CVS closing dozens of Target pharmacies in latest cost-cutting move

CVS Health Corp. on Thursday said it would close “select” pharmacies set up in Target Corp. stores starting next month, as it tries to shrink its store counts and become more of a health-services provider amid thinner profits for drugstores.

CVS closing some pharmacies in Target stores, in the latest industry pullback

CVS Health said on Thursday it will close some pharmacies that operate inside Target stores during the first several months of the year.

CVS to close some pharmacies within Target stores

The CVS pharmacy closures in Target stores will begin in February and finish by the end of April, the spokesperson said.

CVS to close 'select' pharmacies in Target stores in the coming months

The closures are part of CVS's efforts to pare down its retail footprint.

CVS is Closing Pharmacies Inside Some Target Stores

The latest trading day saw CVS Health (CVS) settling at $79.24, representing a -1.39% change from its previous close.

CVS Health (CVS) Stock Slides as Market Rises: Facts to Know Before You Trade

CVS is an interesting looking opportunity due to its strong financial results, impressive scale, and attractive valuation. The company is still well priced, despite the recent run-up, and new investors shouldn't be dissuaded from wading in. We re-iterate our "Buy" rating on CVS.

CVS: Don't Forget About This Deep Value Gem

In a Tuesday interview with CNBC's Jim Cramer, CVS CEO Karen Lynch discussed her company's expansion into primary care.

CVS CEO touts expanding primary care health services after major acquisitions

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In December, we (my wife and I) received a dividend income total of $10,193.04. Crossed the $10k threshold, again. Vanguard's High Dividend Yield ETF, which we have been buying for 3.5 years, literally has paid immense dividends.

Dividend Income Summary: Lanny's December 2023 Summary

Doximity

DexCom

The COVID-19 pandemic highlighted the sometimes fragile nature of the American healthcare system. Many people had to delay elective surgeries and forego other treatments for an extended period.

3 Stocks to Capitalize on the Telehealth Explosion

CVS Health Corporation (CVS) 42nd Annual J.P. Morgan Healthcare Conference (Transcript)

Apple

NVIDIA

Tyson Foods

It's not Apple AAPL, +1.34%, the Wall Street perennial favorite that nearly doubled the market's total return in 2023, gaining 49.0% to the S&P 500's 26.3%. Nor is it Nvidia NVDA, +4.43%, whose stock gained 239% in 2023 as Wall Street became enamored of AI.

The surprising stocks that are top picks for market-watchers

Bristol-Myers

Eli Lilly

The U.S. healthcare sector is showing signs of life after lagging in 2023 as investors bet cheap valuations will offset a tendency to underperform during presidential election years.

Unloved healthcare stocks draw investors despite US election risks

The Health Care sector underperformed in 2023, but defensive Health Care equities are now performing well amid a tone shift on Wall Street. CVS Health appears undervalued and has positive technical indicators along with favorable free cash flow trends. Following a guidance reiteration, CVS Health has strong earnings, valuation, dividend, and free cash flow forecasts, with upside risks to valuation if earnings continue to be healthy.

CVS Health: Shares Remain Modestly Undervalued, Robust Free Cash Flow, Technical Strength

AbbVie

Ares Capital

Broadcom

Stocks from multiple sectors, including consumer goods, energy, and healthcare, made the list. Their dividend yields range from a low of 2% to a high of 9.7%.

24 Top Dividend Stocks to Buy and Hold in 2024

News for CVS Health Stock (CVS)