CVS Income Before Tax from 2010 to 2024

CVS Stock  USD 59.96  0.95  1.61%   
CVS Health Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. From the period from 2010 to 2024, CVS Health Income Before Tax quarterly data regression had r-value of  0.60 and coefficient of variation of  42.96. View All Fundamentals
 
Income Before Tax  
First Reported
1989-03-31
Previous Quarter
2.3 B
Current Value
105 M
Quarterly Volatility
1.1 B
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CVS Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CVS Health's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.6 B, Interest Expense of 2.8 B or Selling General Administrative of 40.3 B, as well as many indicators such as Price To Sales Ratio of 0.27, Dividend Yield of 0.0243 or PTB Ratio of 1.26. CVS financial statements analysis is a perfect complement when working with CVS Health Valuation or Volatility modules.
  
Check out the analysis of CVS Health Correlation against competitors.

Latest CVS Health's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of CVS Health Corp over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on CVS Health income statement and is an important metric when analyzing CVS Health Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is CVS Health's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CVS Health's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

CVS Income Before Tax Regression Statistics

Arithmetic Mean7,501,390,000
Geometric Mean6,022,982,435
Coefficient Of Variation42.96
Mean Deviation2,373,966,667
Median8,268,000,000
Standard Deviation3,222,479,105
Sample Variance10384371.6T
Range11.3B
R-Value0.60
Mean Square Error7168548.7T
R-Squared0.36
Significance0.02
Slope431,732,679
Total Sum of Squares145381202.2T

CVS Income Before Tax History

202411.7 B
202311.2 B
20225.8 B
202110.4 B
20209.8 B
2019B
20181.4 B

About CVS Health Financial Statements

CVS Health shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although CVS Health investors may analyze each financial statement separately, they are all interrelated. The changes in CVS Health's assets and liabilities, for example, are also reflected in the revenues and expenses on on CVS Health's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax11.2 B11.7 B

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Additional Tools for CVS Stock Analysis

When running CVS Health's price analysis, check to measure CVS Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVS Health is operating at the current time. Most of CVS Health's value examination focuses on studying past and present price action to predict the probability of CVS Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVS Health's price. Additionally, you may evaluate how the addition of CVS Health to your portfolios can decrease your overall portfolio volatility.