>

CVS Health Calculated Tax Rate Trend from 2010 to 2020

<div class='circular--portrait' style='background:#2A0CD0;color: white;font-size:3em;padding-top: 40px;;'>CVS</div>
CVS -- USA Stock  

Fiscal Quarter End: March 31, 2020  

CVS Health Calculated Tax Rate yearly trend continues to be relatively stable with very little volatility. Calculated Tax Rate is likely to grow to 138.27 this year. During the period from 2010 to 2020, CVS Health Calculated Tax Rate destribution of quarterly values had range of  122.59 from its regression line and mean deviation of  39.54. CVS Health Income Tax Expense is relatively stable at the moment as compared to the last year. CVS Health reported last year Income Tax Expense of 2.3 Billion. Check CVS Health fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 124.1 B, Cost of Revenue of 165.4 B or Earning Before Interest and Taxes EBIT of 6.8 B, as well as many exotic indicators such as Interest Coverage of 1.82, Long Term Debt to Equity of 1.19 or Calculated Tax Rate of 138. This can be a perfect complement to check CVS Health Valuation or Volatility. It can also complement various CVS Health Technical models. Continue to the analysis of CVS Health Correlation with competitors.

CVS Health Calculated Tax Rate Marginal Breakdown

Showing smoothed Calculated Tax Rate of CVS Health Corporation with missing and latest data points interpolated.
Calculated Tax Rate10 Years Trend
Increasing
Slightly volatile
 Calculated Tax Rate 
    
  Timeline 

CVS Health Regression Statistics

Arithmetic Mean 63.77
Geometric Mean 51.55
Coefficient Of Variation 73.73
Mean Deviation 39.54
Median 39.30
Standard Deviation 47.02
Sample Variance 2,211
Range 122.59
R-Value 0.72
Mean Square Error 1,180
R-Squared 0.52
Significance 0.012302
Slope 10.22
Total Sum of Squares 22,110

CVS Health Calculated Tax Rate Over Time

2018  142.39 
2019  128.15 
2020  138.27