CVS Health Corporation (CVS)

CVS Health Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Changes in Other Operating Activities	7,568	9,107	13,426	16,177	18,265	15,865
Operating Cash Flow	7,568	9,107	13,426	16,177	18,265	15,865
Operating Cash Flow Growth	-6.24%	-32.17%	-17.01%	-11.43%	15.13%	23.48%
Capital Expenditures	-2,788	-2,781	-3,031	-2,727	-2,520	-2,437
Sale of Property, Plant & Equipment	-	-	-	-	-	101
Purchases of Investments	-15,596	-15,191	-9,043	-7,746	-9,963	-9,639
Proceeds from Sale of Investments	12,801	10,353	7,729	6,729	7,246	6,467
Payments for Business Acquisitions	-161	-95	-16,612	-139	-146	-866
Proceeds from Business Divestments	-	-	-	-1,249	-	840
Other Investing Activities	64	101	68	85	122	-
Investing Cash Flow	-5,680	-7,613	-20,889	-5,047	-5,261	-5,534
Short-Term Debt Issued	3,040	1,919	5,200	-	-	-
Short-Term Debt Repaid	-	-	-5,000	-	-	-
Net Short-Term Debt Issued (Repaid)	3,040	1,919	200	-	-	-
Long-Term Debt Issued	-	7,913	10,898	-	987	9,958
Long-Term Debt Repaid	-5,498	-4,773	-3,166	-4,211	-10,254	-15,631
Net Long-Term Debt Issued (Repaid)	-5,498	3,140	7,732	-4,211	-9,267	-5,673
Issuance of Common Stock	324	361	277	551	549	264
Repurchase of Common Stock	-134	-3,208	-2,193	-3,870	-168	-88
Net Common Stock Issued (Repurchased)	190	-2,847	-1,916	-3,319	381	176
Common Dividends Paid	-3,381	-3,373	-3,132	-2,907	-2,625	-2,624
Other Financing Activities	11	26	-201	-79	155	425
Financing Cash Flow	-2,683	-1,135	2,683	-10,516	-11,356	-7,696
Net Cash Flow	-795	359	-4,780	614	1,648	2,635
Beginning Cash & Cash Equivalents	12,820	8,525	13,305	12,691	11,043	8,408
Ending Cash & Cash Equivalents	12,025	8,884	8,525	13,305	12,691	11,043
Free Cash Flow	4,780	6,326	10,395	13,450	15,745	13,428
Free Cash Flow Growth	-24.44%	-39.14%	-22.71%	-14.58%	17.26%	29.23%
FCF Margin	1.24%	1.71%	2.91%	4.18%	5.41%	5.01%
Free Cash Flow Per Share	3.78	5.01	8.06	10.17	11.85	10.22
Levered Free Cash Flow	6,853	15,999	26,671	13,550	14,479	14,934
Unlevered Free Cash Flow	10,520	11,072	19,824	18,726	24,927	23,093

Updated Jul 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q