CVS Pretax Profit Margin from 2010 to 2024

CVS Stock  USD 44.04  2.56  5.49%   
CVS Health Pretax Profit Margin yearly trend continues to be comparatively stable with very little volatility. Pretax Profit Margin is likely to outpace its year average in 2024. From the period from 2010 to 2024, CVS Health Pretax Profit Margin quarterly data regression had r-value of (0.57) and coefficient of variation of  36.20. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.03122904
Current Value
0.0553
Quarterly Volatility
0.01563314
 
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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 0.0244 or PTB Ratio of 2.61. 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 Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of CVS Health Corp over the last few years. It is CVS Health's Pretax Profit Margin 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.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

CVS Pretax Profit Margin Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.04
Coefficient Of Variation36.20
Mean Deviation0.01
Median0.05
Standard Deviation0.02
Sample Variance0.0002
Range0.0522
R-Value(0.57)
Mean Square Error0.0002
R-Squared0.33
Significance0.02
Slope(0)
Total Sum of Squares0

CVS Pretax Profit Margin History

2024 0.0553
2023 0.0312
2022 0.0181
2021 0.0361
2020 0.0364
2019 0.035
2018 0.007226

About CVS Health Financial Statements

CVS Health shareholders use historical fundamental indicators, such as Pretax Profit Margin, 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
Pretax Profit Margin 0.03  0.06 

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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.