CVS Q1 2024 Earnings — CVS Health Corporation Revenue & Financial Results | Market Cap Arena

CVSCVS Health Corporation

$99B

Q1 2024 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$88.4B+3.7% YoY

Gross Profit

$12.6B14.2% margin

Operating Income

$2.3B2.6% margin

Net Income

$1.1B1.3% margin

EPS (Diluted)

$0.88

QoQ Revenue Growth

-5.7%

Cash Flow

Operating Cash Flow

$4.9B

Free Cash Flow

$4.2B

Stock-Based Comp.

$137M

Balance Sheet

Total Assets

$249.7B

Total Liabilities

$175.6B

Stockholders' Equity

$74.0B

Cash & Equivalents

$9.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$88.4B	$85.3B	+3.7%
Gross Profit	$12.6B	$13.4B	-6.1%
Operating Income	$2.3B	$3.4B	-34.1%
Net Income	$1.1B	$2.1B	-47.9%

Revenue Segments

Pharmacy Revenue

$48.4B55%

Premiums

$30.4B35%

Front Store Revenue

$5.4B6%

Product and Service, Other

$3.8B4%