CVS Health Corporation (CVS)

CVS Health Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Quarter	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020
Period Ending	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020
Cash & Equivalents	9,098	11,787	10,076	8,586	6,875	12,507	9,801	8,196	13,043	13,807	14,618	12,945	17,197	12,116	8,442	9,408	9,826	7,119	5,598	7,854
Short-Term Investments	2,134	2,386	2,578	2,407	2,805	3,755	3,288	3,259	3,145	3,080	3,102	2,778	2,792	2,877	2,900	3,117	3,015	3,006	3,190	3,000
Cash & Short-Term Investments	11,232	14,173	12,654	10,993	9,680	16,262	13,089	11,455	16,188	16,887	17,720	15,723	19,989	14,993	11,342	12,525	12,841	10,125	8,788	10,854
Cash Growth	16.03%	-12.85%	-3.32%	-4.03%	-40.20%	-3.70%	-26.13%	-27.15%	-19.02%	12.63%	56.23%	25.53%	55.66%	48.08%	29.06%	15.39%	6.24%	-42.03%	-30.87%	34.73%
Accounts Receivable	16,099	16,350	16,660	14,612	13,826	14,223	16,006	15,622	30,324	26,939	26,011	27,276	23,670	24,725	23,921	21,042	22,516	21,918	21,405	19,544
Other Receivables	27,758	24,301	22,965	21,857	22,353	18,162	16,211	19,605	2,603	2,607	2,320	-	2,647	2,508	2,530	3,389	2,767	2,246	2,450	2,198
Receivables	43,857	40,651	39,625	36,469	36,179	32,385	32,217	35,227	32,927	29,546	28,331	27,276	26,317	27,233	26,451	24,431	25,283	24,164	23,855	21,742
Inventory	18,962	17,447	17,385	18,107	17,649	16,068	16,346	18,025	17,954	17,291	18,263	19,090	18,058	17,375	18,160	17,760	17,399	16,979	17,618	18,496
Restricted Cash	57	43	65	95	65	54	51	90	96	87	107	144	151	131	2,913	3,065	-	-	-	2,913
Other Current Assets	3,001	3,335	3,462	2,981	3,770	5,183	5,770	3,061	2,978	3,945	4,285	3,400	3,826	2,410	2,617	2,227	5,319	5,291	5,458	2,364
Total Current Assets	77,109	75,649	73,191	68,645	67,343	69,952	67,473	67,858	70,143	67,756	68,706	65,633	68,341	62,142	61,483	60,008	60,842	56,559	55,719	56,369
Property, Plant & Equipment	28,109	28,337	28,560	28,937	28,959	29,933	30,082	30,435	30,586	30,704	30,532	30,745	30,896	31,326	31,645	32,018	33,233	33,140	33,153	33,335
Long-Term Investments	31,553	29,858	28,906	28,934	28,939	25,028	24,074	23,019	21,667	22,114	21,612	21,096	20,565	21,124	22,595	23,025	22,370	22,136	21,025	20,812
Goodwill	85,478	91,203	91,203	91,272	91,272	91,272	91,272	91,272	91,261	91,260	84,057	78,150	78,086	78,560	79,060	79,121	79,121	79,552	79,552	79,552
Other Intangible Assets	25,984	26,224	26,570	27,323	27,817	28,311	28,770	29,234	29,624	30,118	26,368	24,803	25,157	28,135	28,543	29,026	29,545	30,080	30,639	31,142
Other Long-Term Assets	7,094	7,072	7,155	8,104	8,097	7,985	8,072	7,910	8,025	8,119	8,055	7,848	8,167	8,992	9,547	9,801	9,780	9,697	9,518	9,505
Total Assets	255,327	258,343	255,585	253,215	252,427	252,481	249,743	249,728	251,306	250,071	239,330	228,275	231,212	230,279	232,873	232,999	234,891	231,164	229,606	230,715
Accounts Payable	17,764	17,258	16,534	15,892	15,713	14,416	13,717	14,897	14,874	13,367	12,527	14,838	13,925	13,238	12,738	12,544	12,696	11,052	10,804	11,138
Accrued Expenses	39,455	38,311	37,416	35,730	35,237	34,920	36,601	35,415	34,954	34,668	32,274	28,816	29,700	28,048	26,799	26,391	24,939	23,162	22,504	21,181
Short-Term Debt	1,247	3,040	1,259	2,119	800	-	2,719	200	-	1,000	-	-	-	-	-	-	-	-	252	-
Current Portion of Long-Term Debt	4,081	6,160	4,411	3,559	4,910	3,731	3,731	2,706	2,132	1,402	1,778	1,719	1,363	4,019	4,217	4,155	1,561	60	2,422	5,407
Current Portion of Leases	1,909	1,906	1,909	1,816	1,912	1,911	1,906	1,807	1,741	1,706	1,679	1,737	1,687	1,854	1,849	1,696	1,809	1,791	1,786	1,671
Current Unearned Revenue	58	61	65	144	174	128	117	149	167	161	136	71	74	80	80	87	78	79	80	71
Other Current Liabilities	28,181	27,426	27,367	25,349	25,881	26,280	24,528	24,015	27,685	26,902	26,660	22,240	25,660	21,218	24,097	22,934	23,626	23,167	22,256	22,549
Total Current Liabilities	92,695	94,162	88,961	84,609	84,627	81,386	83,319	79,189	81,553	79,206	75,054	69,421	72,409	68,457	69,780	67,807	64,709	59,311	60,104	62,017
Long-Term Debt	60,508	57,290	59,040	59,232	58,451	61,264	57,694	57,313	58,289	59,920	54,967	49,070	49,411	49,390	52,063	50,721	55,625	59,294	59,270	58,157
Long-Term Leases	14,007	14,328	14,594	16,194	16,631	16,916	15,742	17,359	17,934	18,108	18,054	18,206	18,611	18,909	17,786	19,427	19,663	18,509	18,587	19,807
Pension & Post-Retirement Benefits	-	-	-	169	-	-	-	189	-	-	-	197	-	-	-	250	-	-	-	285
Long-Term Deferred Tax Liabilities	3,547	3,603	3,664	3,806	3,632	4,052	4,184	4,311	4,250	4,588	4,095	4,016	3,508	5,450	5,829	6,270	6,329	6,557	6,610	6,794
Other Long-Term Liabilities	11,460	11,409	12,216	13,475	13,980	13,752	14,654	14,731	14,770	15,247	15,580	15,596	16,262	12,567	13,275	13,143	13,947	13,928	13,871	13,954
Total Liabilities	182,217	180,792	178,475	177,485	177,321	177,370	175,593	173,092	176,796	177,069	167,750	156,506	160,201	154,773	158,733	157,618	160,273	157,599	158,442	161,014
Common Stock	18	18	18	18	18	18	18	18	18	18	18	18	18	18	17	17	17	17	17	17
Additional Paid-In Capital	50,163	50,002	49,819	49,643	49,492	49,353	49,191	48,974	48,811	48,631	48,288	48,175	48,029	47,856	47,660	47,360	47,116	46,978	46,710	46,496
Retained Earnings	59,107	63,936	63,768	62,837	62,038	62,797	61,873	61,604	60,343	58,868	57,753	56,398	54,571	58,710	56,488	54,906	54,264	53,331	51,203	49,640
Treasury Stock	-36,776	-36,849	-36,706	-36,818	-36,784	-36,890	-36,744	-33,838	-33,802	-33,904	-33,773	-31,829	-30,325	-30,383	-30,116	-28,144	-28,137	-28,223	-28,073	-28,149
Comprehensive Income & Other	416	272	30	-120	180	-348	-370	-297	-1,033	-887	-904	-1,293	-1,610	-1,017	-219	936	1,048	1,141	993	1,385
Total Common Equity	72,928	77,379	76,929	75,560	74,944	74,930	73,968	76,461	74,337	72,726	71,382	71,469	70,683	75,184	73,830	75,075	74,308	73,244	70,850	69,389
Minority Interest	182	172	181	170	162	181	182	175	173	276	198	300	328	322	310	306	310	321	314	312
Shareholders' Equity	73,110	77,551	77,110	75,730	75,106	75,111	74,150	76,636	74,510	73,002	71,580	71,769	71,011	75,506	74,140	75,381	74,618	73,565	71,164	69,701
Total Liabilities & Equity	255,327	258,343	255,585	253,215	252,427	252,481	249,743	249,728	251,306	250,071	239,330	228,275	231,212	230,279	232,873	232,999	234,891	231,164	229,606	230,715
Total Debt	81,752	82,724	81,213	82,920	82,704	83,822	81,792	79,385	80,096	82,136	76,478	70,732	71,072	74,172	75,915	75,999	78,658	79,654	82,317	85,042
Net Cash (Debt)	-70,520	-68,551	-68,559	-71,927	-73,024	-67,560	-68,703	-67,930	-63,908	-65,249	-58,758	-55,009	-51,083	-59,179	-64,573	-63,474	-65,817	-69,529	-73,529	-74,188
Net Cash Per Share	-55.57	-53.98	-54.24	-57.04	-58.00	-53.66	-54.22	-52.54	-49.54	-50.70	-45.51	-41.71	-38.85	-44.80	-48.62	-47.51	-49.52	-52.40	-55.62	-
Filing Date Shares Outstanding	1,269	1,268	1,265	1,261	1,258	1,258	1,255	1,258	1,287	1,284	1,282	1,284	1,314	1,313	1,311	1,313	1,321	1,320	1,317	1,311
Total Common Shares Outstanding	1,270	1,267	1,262	1,260	1,258	1,256	1,252	1,288	1,287	1,282	1,279	1,300	1,315	1,312	1,306	1,322	1,321	1,318	1,313	1,310
Working Capital	-15,586	-18,513	-15,770	-15,964	-17,284	-11,434	-15,846	-11,331	-11,410	-11,450	-6,348	-3,788	-4,068	-6,315	-8,297	-7,799	-3,867	-2,752	-4,385	-5,648
Book Value Per Share	57.42	61.07	60.96	59.97	59.57	59.66	59.08	59.36	57.76	56.73	55.81	54.98	53.75	57.30	56.53	56.79	56.25	55.57	53.96	52.97
Tangible Book Value	-38,534	-40,048	-40,844	-43,035	-44,145	-44,653	-46,074	-44,045	-46,548	-48,652	-39,043	-31,484	-32,560	-31,511	-33,773	-33,072	-34,358	-36,388	-39,341	-41,305
Tangible Book Value Per Share	-30.34	-31.61	-32.36	-34.15	-35.09	-35.55	-36.80	-34.20	-36.17	-37.95	-30.53	-24.22	-24.76	-24.02	-25.86	-25.02	-26.01	-27.61	-29.96	-31.53
Land	-	-	-	1,847	-	-	-	1,958	-	-	-	1,996	-	-	-	2,038	-	-	-	2,134
Buildings	-	-	-	4,632	-	-	-	4,571	-	-	-	4,545	-	-	-	4,225	-	-	-	3,950
Machinery	-	-	-	11,716	-	-	-	11,024	-	-	-	12,734	-	-	-	13,619	-	-	-	13,125
Leasehold Improvements	-	-	-	6,725	-	-	-	6,511	-	-	-	6,238	-	-	-	6,242	-	-	-	6,077

Updated Oct 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q