CVS HEALTH CORPORATION (CVS) FY2024 Q3 P&L / Income Statement

Revenue by Business Segment

2024-07-01 to 2024-09-30

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CVS HEALTH CORPORATION (CVS) FY2024 Q3 P&L / Income StatementIncome statement for 2024-07-01 through 2024-09-30. 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)Intersegment EliminationsCorporate/ OtherOperating incomeTotal operating costsCost of products soldHealth care costsOperating expensesRestructuring chargesIncome before income tax provisionOther income (expense), net (calculated)Net incomeIncome tax provisionRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$109.55 BIncome before income tax provisionIncome beforeincome tax provision$105.00 MTotal revenuesTotal revenues$95.43 BOperating incomeOperating income$832.00 MNet incomeNet income$71.00 MHealth ServicesHealth Services$44.13 BTotal operating costsTotal operating costs$94.60 BIncome tax provisionIncome taxes$34.00 MOther income (expense), net (calculated)Other income,net (calculated)−$727.00 MCost of products soldCost of products sold$52.95 BHealth Care BenefitsHealth Care Benefits$33.00 BHealth care costsHealth care costs$29.92 BPharmacy & Consumer WellnessPharmacy & Consumer Wellness$32.42 BOperating expensesOperating expenses$10.56 BIntersegment EliminationsIntersegmentEliminations−$14.26 BCorporate/ OtherCorporate/ Other$142.00 MRestructuring chargesRestructuring charges$1.17 B
Chart details

CVS HEALTH CORPORATION (CVS) FY2024 Q3 P&L / Income Statement

Income statement for 2024-07-01 through 2024-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues
95,428,000,000 US dollars
Total operating costs
94,596,000,000 US dollars
Operating income
832,000,000 US dollars
Other income (expense), net (calculated)
negative 727,000,000 US dollars
Income before income tax provision
105,000,000 US dollars
Income tax provision
34,000,000 US dollars
Net income
71,000,000 US dollars
Health Care Benefits
32,996,000,000 US dollars
Health Services
44,129,000,000 US dollars
Pharmacy & Consumer Wellness
32,423,000,000 US dollars
Cost of products sold
52,948,000,000 US dollars
Health care costs
29,922,000,000 US dollars
Operating expenses
10,557,000,000 US dollars
Restructuring charges
1,169,000,000 US dollars
Loss on assets held for sale
0 US dollars
Revenue before reconciliation (calculated)
109,548,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Intersegment Eliminations
negative 14,262,000,000 US dollars. Reported reconciliation to consolidated revenue.
Corporate/ Other
142,000,000 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: $87.00 M; to noncontrolling interests: −$16.00 M.
CVS HEALTH CORPORATION (CVS) FY2024 Q3 Revenue by Business Segment Sankey chart
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Operating margin

0.9%

Operating profit / revenue

Cash conversion

−1049.3%

Operating cash / net income, same period

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