CVS outpaced analyst expectations for 2021 under the leadership of Karen Lynch, who came aboard as CEO in February. The company reported $292 billion in revenue for the fiscal year that ended in December 2021—an 8.7% increase year over year. In a quest to revolutionize America’s access to health care, Lynch initiated a plan to transform hundreds of CVS stores into super-clinics that provide primary care—creating what will become the nation’s biggest network of urgent care and primary care outlets. CVS also played a major role in fighting COVID-19, administering over 50 million vaccines and 29 million tests through December 2021. In the fight to retain talent, CVS has announced a minimum wage increase to $15 an hour, effective July 2022.
Cloe Poisson—Hartford Courant/Tribune News Service/Getty Images

Company Information

As of 10/10/2022
Country
U.S.
Headquarters
Woonsocket, R.I.
Industry
Health Care: Pharmacy and Other Services
CEO
Karen Lynch
Company Type
Public
Ticker
CVS
Revenues ($M)
$292,111
Profits ($M)
$7,910
Market Value ($M)
$125,204
Employees
258,000
Market value as of Sept. 30, 2022.

Key Financials (Last Fiscal Year)

$ millions
% change
Revenues ($M)
$292,111
8.7%
Profits ($M)
$7,910
10.2%
Assets ($M)
$232,999
-
Total Stockholder Equity ($M)
$75,075
-

Profit Ratios

Profit as % of Revenues
2.7%
Profits as % of Assets
3.4%
Profits as % of Stockholder Equity
10.5%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)
6
EPS % Change (from 2020)
9%
EPS % Change (5 year annual rate)
4%
EPS % Change (10 year annual rate)
8.8%

Total Return

Total Return to Investors (2021)
54.9%
Total Return to Investors (5 year, annualized)
8.6%
Total Return to Investors (10 year, annualized)
12.2%

CVS Health Rank History

Historical Data

YearRevenues ($M)Profits ($M)Assets ($M)Total Stockholder Equity ($M)
2021$268,7064.6%$7,1798.2%$230,715$69,389
2020$256,77632%$6,634$222,449$63,864
2019$194,5795.3%$-594-109.0%$196,456$58,225
2018$184,7654.1%$6,62224.5%$95,131$37,691
2017$177,52615.8%$5,3171.5%$94,462$36,830
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