CVS Health Income Statement

CVS / Health Care|15 years of annual SEC 10-K data (FY2011-FY2025)

Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.

CVS Health reported $402.1B in revenue and $1.8B in net income for FY2025. Revenue has grown at a 9.9% compound annual rate over the past 14 years.

Based on SEC 10-K filings.

Key Data Points

High earnings quality (cash-backed earnings)

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	$402.1B	$372.8B	$292.1B	$322.5B	$256.8B	$194.6B	$256.8B	$194.6B	$184.8B	$177.5B	$153.3B	$139.4B	$126.8B	$123.1B	$107.1B
Cost of Revenue	$221.2B	$206.3B	$175.8B	$196.9B	$158.7B	$156.4B	$158.7B	$156.4B	$153.4B	$146.5B	$126.8B	$114.0B	$103.0B	$100.6B	$86.5B
Gross Profit	-	-	-	-	-	-	-	-	$6.6B	$28.9B	$26.5B	$25.4B	$23.8B	$22.5B	$20.6B
Operating Income	$4.7B	$8.5B	$13.3B	$8.0B	$12.0B	$4.0B	$12.0B	$4.0B	$9.5B	$10.4B	$9.5B	$8.8B	$8.0B	$7.2B	$6.3B
Interest Expense	-	-	$2.5B	$2.3B	$3.0B	$2.6B	$3.0B	$2.6B	$1.1B	$1.1B	$859.0M	$615.0M	$517.0M	$561.0M	$588.0M
Income Tax	$408.0M	$1.6B	$2.5B	$1.5B	$2.4B	$2.0B	$2.4B	$2.0B	$1.6B	$3.3B	$3.4B	$3.0B	$2.9B	$2.4B	$2.3B
Net Income	$1.8B	$4.6B	$8.0B	$4.3B	$6.6B	-$594.0M	$6.6B	-$594.0M	$6.6B	$5.3B	$5.2B	$4.6B	$4.6B	$3.9B	$3.5B
EPS (Basic)	$1.40	$3.29	$6.07	$5.48	$5.10	-$0.57	$6.47	$4.93	$4.66	$3.98	$3.77	$3.04	$2.59	$2.59	$2.58
EPS (Diluted)	$1.39	$3.26	$6.02	$5.46	$5.08	-$0.57	$6.44	$4.90	$4.63	$3.96	$3.74	$3.02	$2.57	$2.57	$2.55
Shares Outstanding	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.0B	1.1B	1.1B	1.1B	1.2B	1.2B	1.3B	1.4B
Gross Margin	-	-	-	-	-	-	-	-	3.6%	16.3%	17.3%	18.2%	18.8%	18.3%	19.2%
Operating Margin	1.2%	2.3%	4.6%	2.5%	4.7%	2.1%	4.7%	2.1%	5.2%	5.9%	6.2%	6.3%	6.3%	5.9%	5.9%
Profit Margin	0.4%	1.2%	2.7%	1.3%	2.6%	-0.3%	2.6%	-0.3%	3.6%	3.0%	3.4%	3.3%	3.6%	3.1%	3.2%

Other Financial Statements

Balance Sheet Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

CVS Health Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Revenue

$402.1B

$372.8B

$292.1B

$322.5B

$256.8B

$194.6B

$256.8B

$194.6B

$184.8B

$177.5B

$153.3B

$139.4B

$126.8B

$123.1B

$107.1B

Cost of Revenue

$221.2B

$206.3B

$175.8B

$196.9B

$158.7B

$156.4B

$158.7B

$156.4B

$153.4B

$146.5B

$126.8B

$114.0B

$103.0B

$100.6B

$86.5B

Gross Profit

$6.6B

$28.9B

$26.5B

$25.4B

$23.8B

$22.5B

$20.6B

Operating Income

$4.7B

$8.5B

$13.3B

$8.0B

$12.0B

$4.0B

$12.0B

$4.0B

$9.5B

$10.4B

$9.5B

$8.8B

$8.0B

$7.2B

$6.3B

Interest Expense

$2.5B

$2.3B

$3.0B

$2.6B

$3.0B

$2.6B

$1.1B

$859.0M

$615.0M

$517.0M

$561.0M

$588.0M

Income Tax

$408.0M

$1.6B

$2.5B

$1.5B

$2.4B

$2.0B

$2.4B

$2.0B

$1.6B

$3.3B

$3.4B

$3.0B

$2.9B

$2.4B

$2.3B

Net Income

$1.8B

$4.6B

$8.0B

$4.3B

$6.6B

-$594.0M

$6.6B

-$594.0M

$6.6B

$5.3B

$5.2B

$4.6B

$3.9B

$3.5B

EPS (Basic)

$1.40

$3.29

$6.07

$5.48

$5.10

-$0.57

$6.47

$4.93

$4.66

$3.98

$3.77

$3.04

$2.59

$2.58

EPS (Diluted)

$1.39

$3.26

$6.02

$5.46

$5.08

-$0.57

$6.44

$4.90

$4.63

$3.96

$3.74

$3.02

$2.57

$2.55

Shares Outstanding

1.3B

1.0B

1.1B

1.2B

1.3B

1.4B

Gross Margin

3.6%

16.3%

17.3%

18.2%

18.8%

18.3%

19.2%

Operating Margin

1.2%

2.3%

4.6%

2.5%

4.7%

2.1%

4.7%

2.1%

5.2%

5.9%

6.2%

6.3%

5.9%

Profit Margin

0.4%

1.2%

2.7%

1.3%

2.6%

-0.3%

2.6%

-0.3%

3.6%

3.0%

3.4%

3.3%

3.6%

3.1%

3.2%