CVS HEALTH CORPORATION (CVS) FY2024 Annual P&L / Income Statement

Revenue by Business Segment

2024-01-01 to 2024-12-31

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CVS HEALTH CORPORATION (CVS) FY2024 Annual P&L / Income StatementIncome statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEOPERATINGPRE-TAXNETHealth ServicesHealth Care BenefitsPharmacy & Consumer WellnessTotal revenuesRevenue before reconciliation (calculated)Health Care BenefitsHealth ServicesPharmacy & Consumer WellnessCorporate/ OtherOperating incomeTotal operating costsCost of products soldHealth care costsOperating expensesRestructuring chargesOpioid litigation chargesIncome before income tax provisionOther income (expense), net (calculated)Net incomeIncome tax provisionRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$428.77 BIncome before income tax provisionIncome beforeincome tax provision$6.15 BTotal revenuesTotal revenues$372.81 BOperating incomeOperating income$8.52 BNet incomeNet income$4.59 BHealth ServicesHealth Services$173.61 BTotal operating costsTotal operating costs$364.29 BIncome tax provisionIncome taxes$1.56 BOther income (expense), net (calculated)Other income,net (calculated)−$2.37 BCost of products soldCost of products sold$206.29 BHealth Care BenefitsHealth Care Benefits$130.67 BHealth care costsHealth care costs$115.12 BPharmacy & Consumer WellnessPharmacy & Consumer Wellness$124.50 BOperating expensesOperating expenses$41.61 BHealth Care BenefitsHealth Care Benefits−$72.00 MCorporate/ OtherCorporate/ Other$451.00 MRestructuring chargesRestructuring charges$1.18 BHealth ServicesHealth Services−$15.30 BOpioid litigation chargesOpioid litigation charges$100.00 MPharmacy & Consumer WellnessPharmacy &Consumer Wellness−$41.04 B
Chart details

CVS HEALTH CORPORATION (CVS) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues
372,809,000,000 US dollars
Total operating costs
364,293,000,000 US dollars
Operating income
8,516,000,000 US dollars
Other income (expense), net (calculated)
negative 2,368,000,000 US dollars
Income before income tax provision
6,148,000,000 US dollars
Income tax provision
1,562,000,000 US dollars
Net income
4,586,000,000 US dollars
Health Care Benefits
130,665,000,000 US dollars
Health Services
173,605,000,000 US dollars
Pharmacy & Consumer Wellness
124,500,000,000 US dollars
Cost of products sold
206,287,000,000 US dollars
Health care costs
115,121,000,000 US dollars
Operating expenses
41,606,000,000 US dollars
Restructuring charges
1,179,000,000 US dollars
Opioid litigation charges
100,000,000 US dollars
Loss on assets held for sale
0 US dollars
Revenue before reconciliation (calculated)
428,770,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Health Care Benefits
negative 72,000,000 US dollars. Reported reconciliation to consolidated revenue.
Health Services
negative 15,304,000,000 US dollars. Reported reconciliation to consolidated revenue.
Pharmacy & Consumer Wellness
negative 41,036,000,000 US dollars. Reported reconciliation to consolidated revenue.
Corporate/ Other
451,000,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

  • Revenue minus operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
  • Of which attributable to CVS HEALTH CORPORATION: $4.61 B; to noncontrolling interests: −$28.00 M.
CVS HEALTH CORPORATION (CVS) FY2024 Annual Revenue by Business Segment Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Operating margin

2.3%

Operating profit / revenue

Cash conversion

198.6%

Operating cash / net income, same period

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