CVS Health Corporation (CVS)
NYSE: CVS · IEX Real-Time Price · USD
59.33
+1.12 (1.92%)
Jul 12, 2024, 2:47 PM EDT - Market open

CVS Health Statistics

Total Valuation

CVS Health has a market cap or net worth of $73.13 billion. The enterprise value is $141.83 billion.

Market Cap 73.13B
Enterprise Value 141.83B

Important Dates

The next confirmed earnings date is Wednesday, August 7, 2024, before market open.

Earnings Date Aug 7, 2024
Ex-Dividend Date Jul 22, 2024

Share Statistics

CVS Health has 1.26 billion shares outstanding. The number of shares has decreased by -1.86% in one year.

Shares Outstanding 1.26B
Shares Change (YoY) -1.86%
Shares Change (QoQ) -2.01%
Owned by Insiders (%) 0.11%
Owned by Institutions (%) 82.12%
Float 1.25B

Valuation Ratios

The trailing PE ratio is 10.34 and the forward PE ratio is 8.04. CVS Health's PEG ratio is 1.00.

PE Ratio 10.34
Forward PE 8.04
PS Ratio 0.20
Forward PS 0.19
PB Ratio 0.99
P/FCF Ratio 8.99
PEG Ratio 1.00
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.23, with an EV/FCF ratio of 17.43.

EV / Earnings 19.37
EV / Sales 0.39
EV / EBITDA 11.23
EV / EBIT 11.23
EV / FCF 17.43

Financial Position

The company has a current ratio of 0.81, with a Debt / Equity ratio of 1.11.

Current Ratio 0.81
Quick Ratio 0.54
Debt / Equity 1.11
Debt / EBITDA 6.48
Debt / FCF 10.05
Interest Coverage 4.54

Financial Efficiency

Return on equity (ROE) is 9.80% and return on invested capital (ROIC) is 6.00%.

Return on Equity (ROE) 9.80%
Return on Assets (ROA) 2.90%
Return on Capital (ROIC) 6.00%
Revenue Per Employee $1.20M
Profits Per Employee $24,403
Employee Count 300,000
Asset Turnover 1.44
Inventory Turnover 17.76

Taxes

In the past 12 months, CVS Health has paid $2.52 billion in taxes.

Income Tax 2.52B
Effective Tax Rate 25.64%

Stock Price Statistics

The stock price has decreased by -15.64% in the last 52 weeks. The beta is 0.51, so CVS Health's price volatility has been lower than the market average.

Beta (5Y) 0.51
52-Week Price Change -15.64%
50-Day Moving Average 58.09
200-Day Moving Average 69.42
Relative Strength Index (RSI) 52.73
Average Volume (20 Days) 9,542,196

Short Selling Information

The latest short interest is 20.64 million, so 1.64% of the outstanding shares have been sold short.

Short Interest 20.64M
Short Previous Month 11.37M
Short % of Shares Out 1.64%
Short % of Float 1.65%
Short Ratio (days to cover) 1.53

Income Statement

In the last 12 months, CVS Health had revenue of $360.94 billion and earned $7.32 billion in profits. Earnings per share was $5.70.

Revenue 360.94B
Gross Profit 53.62B
Operating Income 12.57B
Pretax Income 9.85B
Net Income 7.32B
EBITDA 12.63B
EBIT 12.63B
Earnings Per Share (EPS) $5.70
Full Income Statement

Balance Sheet

The company has $13.09 billion in cash and $81.79 billion in debt, giving a net cash position of -$68.70 billion or -$54.73 per share.

Cash & Cash Equivalents 13.09B
Total Debt 81.79B
Net Cash -68.70B
Net Cash Per Share -$54.73
Equity (Book Value) 73.97B
Book Value Per Share 58.92
Working Capital -15.85B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $10.89 billion and capital expenditures -$2.75 billion, giving a free cash flow of $8.14 billion.

Operating Cash Flow 10.89B
Capital Expenditures -2.75B
Free Cash Flow 8.14B
FCF Per Share $6.46
Full Cash Flow Statement

Margins

Gross margin is 14.86%, with operating and profit margins of 3.48% and 2.03%.

Gross Margin 14.86%
Operating Margin 3.48%
Pretax Margin 2.73%
Profit Margin 2.03%
EBITDA Margin 3.50%
EBIT Margin 3.50%
FCF Margin 2.25%

Dividends & Yields

This stock pays an annual dividend of $2.66, which amounts to a dividend yield of 4.48%.

Dividend Per Share $2.66
Dividend Yield 4.48%
Dividend Growth (YoY) 9.94%
Years of Dividend Growth 2
Payout Ratio 46.67%
Buyback Yield 1.86%
Shareholder Yield 6.37%
Earnings Yield 10.01%
FCF Yield 11.13%
Dividend Details

Analyst Forecast

The average price target for CVS Health is $76.10, which is 28.18% higher than the current price. The consensus rating is "Buy".

Price Target $76.10
Price Target Difference 28.18%
Analyst Consensus Buy
Analyst Count 21
Revenue Growth Forecast (5Y) 4.99%
EPS Growth Forecast (5Y) 10.38%
Stock Forecasts

Stock Splits

The last stock split was on June 7, 2005. It was a forward split with a ratio of 2:1.

Last Split Date Jun 7, 2005
Split Type Forward
Split Ratio 2:1

Scores

CVS Health has an Altman Z-Score of 2.13 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.13
Piotroski F-Score 6