CVS Health Corporation (CVS)

NYSE: CVS · IEX Real-Time Price · USD
79.79
+0.36 (0.45%)
Mar 28, 2024, 1:03 PM EDT - Market open

Total Valuation

CVS Health has a market cap or net worth of $100.05 billion. The enterprise value is $167.98 billion.

Market Cap 100.05B
Enterprise Value 167.98B

Important Dates

The next estimated earnings date is Wednesday, May 1, 2024, before market open.

Earnings Date May 1, 2024
Ex-Dividend Date Apr 19, 2024

Share Statistics

CVS Health has 1.26 billion shares outstanding. The number of shares has decreased by -2.49% in one year.

Shares Outstanding 1.26B
Shares Change (YoY) -2.49%
Shares Change (QoQ) +0.23%
Owned by Insiders (%) 0.15%
Owned by Institutions (%) 83.10%
Float 1.25B

Valuation Ratios

The trailing PE ratio is 12.42 and the forward PE ratio is 9.59. CVS Health's PEG ratio is 1.15.

PE Ratio 12.42
Forward PE 9.59
PS Ratio 0.28
Forward PS 0.27
PB Ratio 1.31
P/FCF Ratio 9.63
PEG Ratio 1.15
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.17, with an EV/FCF ratio of 16.16.

EV / Earnings 20.13
EV / Sales 0.47
EV / EBITDA 12.17
EV / EBIT 12.17
EV / FCF 16.16

Financial Position

The company has a current ratio of 0.86, with a Debt / Equity ratio of 1.04.

Current Ratio 0.86
Quick Ratio 0.59
Debt / Equity 1.04
Debt / EBITDA 5.75
Debt / FCF 7.64
Interest Coverage 5.19

Financial Efficiency

Return on equity (ROE) is 11.30% and return on invested capital (ROIC) is 6.60%.

Return on Equity (ROE) 11.30%
Return on Assets (ROA) 3.40%
Return on Capital (ROIC) 6.60%
Revenue Per Employee $1.19M
Profits Per Employee $27,813
Employee Count 300,000
Asset Turnover 1.45
Inventory Turnover 16.35

Taxes

In the past 12 months, CVS Health has paid $2.81 billion in taxes.

Income Tax 2.81B
Effective Tax Rate 25.16%

Stock Price Statistics

The stock price has increased by +8.62% in the last 52 weeks. The beta is 0.50, so CVS Health's price volatility has been lower than the market average.

Beta (1Y) 0.50
52-Week Price Change +8.62%
50-Day Moving Average 75.71
200-Day Moving Average 72.52
Relative Strength Index (RSI) 67.09
Average Volume (30 Days) 11,210,260

Short Selling Information

The latest short interest is 24.17 million, so 1.92% of the outstanding shares have been sold short.

Short Interest 24.17M
Short Previous Month 36.79M
Short % of Shares Out 1.92%
Short % of Float 1.93%
Short Ratio (days to cover) 2.34

Income Statement

In the last 12 months, CVS Health had revenue of $357.78 billion and earned $8.34 billion in profits. Earnings per share was $6.47.

Revenue 357.78B
Gross Profit 54.43B
Operating Income 13.74B
Pretax Income 11.15B
Net Income 8.34B
EBITDA 13.81B
EBIT 13.81B
Earnings Per Share (EPS) $6.47
Full Income Statement

Balance Sheet

The company has $11.46 billion in cash and $79.39 billion in debt, giving a net cash position of -$67.93 billion or -$53.98 per share.

Cash & Cash Equivalents 11.46B
Total Debt 79.39B
Net Cash -67.93B
Net Cash Per Share -$53.98
Equity / Book Value 76.46B
Book Value Per Share 60.76
Working Capital -11.33B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $13.43 billion and capital expenditures -$3.03 billion, giving a free cash flow of $10.40 billion.

Operating Cash Flow 13.43B
Capital Expenditures -3.03B
Free Cash Flow 10.40B
FCF Per Share $8.09
Full Cash Flow Statement

Margins

Gross margin is 15.21%, with operating and profit margins of 3.84% and 2.33%.

Gross Margin 15.21%
Operating Margin 3.84%
Pretax Margin 3.12%
Profit Margin 2.33%
EBITDA Margin 3.86%
EBIT Margin 3.86%
FCF Margin 2.91%

Dividends & Yields

This stock pays an annual dividend of $2.66, which amounts to a dividend yield of 3.33%.

Dividend Per Share $2.66
Dividend Yield 3.33%
Dividend Growth (YoY) 9.96%
Years of Dividend Growth 2
Payout Ratio 41.11%
Buyback Yield 2.49%
Shareholder Yield 5.84%
Earnings Yield 8.34%
FCF Yield 10.39%
Dividend Details

Analyst Forecast

The average price target for CVS Health is $90.14, which is 12.97% higher than the current price. The consensus rating is "Buy".

Price Target $90.14
Price Target Difference 12.97%
Analyst Consensus Buy
Analyst Count 23
Revenue Growth Forecast (5Y) 4.84%
EPS Growth Forecast (5Y) 12.61%
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 2.25 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.25
Piotroski F-Score 6