CVS Health (CVS) Revenue & Revenue Breakdown


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CVS Health Revenue Highlights


Latest Revenue (Y)

$357.78B

Latest Revenue (Q)

$87.98B

Main Segment (Y)

Pharmacy Revenue

CVS Health Revenue by Period


CVS Health Revenue by Year

DateRevenueChange
2023-12-31$357.78B10.95%
2022-12-31$322.47B10.39%
2021-12-31$292.11B8.71%
2020-12-31$268.71B4.65%
2019-12-31$256.78B31.96%
2018-12-31$194.58B5.31%
2017-12-31$184.76B4.08%
2016-12-31$177.53B15.81%
2015-12-31$153.29B9.99%
2014-12-31$139.37B9.94%
2013-12-31$126.76B2.95%
2012-12-31$123.13B14.97%
2011-12-31$107.10B11.08%
2010-12-31$96.41B-2.35%
2009-12-31$98.73B12.87%
2008-12-31$87.47B14.60%
2007-12-29$76.33B74.21%
2006-12-30$43.81B18.40%
2005-12-31$37.01B20.96%
2005-01-01$30.59B15.07%
2004-01-03$26.59B9.95%
2002-12-28$24.18B8.72%
2001-12-29$22.24B10.72%
2000-12-30$20.09B10.99%
2000-01-01$18.10B18.49%
1998-12-31$15.27B19.90%
1997-12-31$12.74B130.43%
1996-12-31$5.53B-42.95%
1995-12-31$9.69B-14.15%
1994-12-31$11.29B8.15%
1993-12-31$10.44B-

CVS Health generated $357.78B in revenue during NA 2023, up 10.95% compared to the previous quarter, and up 183.87% compared to the same period a year ago.

CVS Health Revenue by Quarter

DateRevenueChange
2024-03-31$87.98B-5.95%
2023-12-31$93.55B4.53%
2023-09-30$89.49B0.95%
2023-06-30$88.65B4.36%
2023-03-31$84.94B1.70%
2022-12-31$83.52B3.17%
2022-09-30$80.96B0.58%
2022-06-30$80.49B5.00%
2022-03-31$76.66B0.07%
2021-12-31$76.60B3.81%
2021-09-30$73.79B1.62%
2021-06-30$72.62B5.09%
2021-03-31$69.10B-0.66%
2020-12-31$69.55B3.73%
2020-09-30$67.06B2.62%
2020-06-30$65.34B-2.12%
2020-03-31$66.75B-0.20%
2019-12-31$66.89B3.21%
2019-09-30$64.81B2.17%
2019-06-30$63.43B2.90%
2019-03-31$61.65B13.27%
2018-12-31$54.42B15.14%
2018-09-30$47.27B1.20%
2018-06-30$46.71B2.22%
2018-03-31$45.69B-5.56%
2017-12-31$48.38B4.77%
2017-09-30$46.18B1.09%
2017-06-30$45.69B2.63%
2017-03-31$44.51B-3.17%
2016-12-31$45.97B3.04%
2016-09-30$44.62B2.04%
2016-06-30$43.73B1.18%
2016-03-31$43.22B5.03%
2015-12-31$41.15B6.47%
2015-09-30$38.64B3.97%
2015-06-30$37.17B2.30%
2015-03-31$36.33B-1.95%
2014-12-31$37.05B5.81%
2014-09-30$35.02B1.21%
2014-06-30$34.60B5.85%
2014-03-31$32.69B-0.28%
2013-12-31$32.78B2.55%
2013-09-30$31.97B2.30%
2013-06-30$31.25B1.58%
2013-03-31$30.76B-2.01%
2012-12-31$31.39B3.86%
2012-09-30$30.23B-1.59%
2012-06-30$30.71B-0.27%
2012-03-31$30.80B8.76%
2011-12-31$28.32B6.16%
2011-09-30$26.67B0.17%
2011-06-30$26.63B2.89%
2011-03-31$25.88B4.47%
2010-12-31$24.77B4.47%
2010-09-30$23.71B-1.23%
2010-06-30$24.01B1.04%
2010-03-31$23.76B-7.99%
2009-12-31$25.82B4.79%
2009-09-30$24.64B-0.92%
2009-06-30$24.87B6.31%
2009-03-31$23.39B-3.10%
2008-12-31$24.14B15.72%
2008-09-27$20.86B-1.31%
2008-06-28$21.14B-0.87%
2008-03-29$21.33B-

CVS Health generated $87.98B in revenue during Q1 2024, up -5.95% compared to the previous quarter, and up 105.34% compared to the same period a year ago.

CVS Health Revenue Breakdown


CVS Health Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Product and Service, Other$11.52B$8.40B$8.85B$7.60B-
Front Store Revenue$22.46B$22.78B$21.32B$19.66B-
Pharmacy Revenue$223.45B$205.12B$184.62B$171.29B-
Premiums$99.19B$85.33B$76.13B$69.36B-
Product-$226.62B$203.74B$190.69B$185.24B
Service-$9.68B$11.04B$7.86B$7.41B

CVS Health's latest annual revenue breakdown by segment (product or service), as of Dec 23: Pharmacy Revenue (62.66%), Premiums (27.81%), Front Store Revenue (6.30%), and Product and Service, Other (3.23%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Product and Service, Other$3.83B$2.92B$3.26B$2.85B$2.50B$2.01B$2.00B$2.17B$2.22B$2.27B$2.17B$2.16B$2.25B$1.88B$1.84B$1.80B----
Pharmacy Revenue$48.40B$59.69B$56.20B$55.06B$52.50B$53.93B$52.38B$51.33B$47.49B$48.70B$47.03B$45.93B$42.95B$44.16B$42.55B$40.67B----
Front Store Revenue$5.37B$5.86B$5.37B$5.63B$5.60B$6.15B$5.58B$5.74B$5.31B$6.06B$5.36B$5.25B$4.64B$5.13B$4.61B$4.88B----
Premiums$30.39B$25.07B$24.66B$25.11B$24.35B$21.44B$21.00B$21.26B$21.63B$19.20B$18.98B$18.98B$18.96B$15.51B$15.54B$15.79B----
Service---$3.00B$2.44B$2.43B$2.50B$3.06B$2.10B$1.93B$1.88B$1.95B$1.96B-------
Product---$60.54B$58.15B$59.66B$52.52B$53.97B$49.59B$47.74B$46.35B$47.00B$49.21B-------

CVS Health's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Pharmacy Revenue (55.01%), Premiums (34.54%), Front Store Revenue (6.10%), and Product and Service, Other (4.35%).

CVS Health Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
UNHUnitedHealth Group$371.62B$97.86B
CVSCVS Health$357.78B$87.98B
CICigna$195.26B$60.52B
ELVElevance Health$171.34B$43.89B
CNCCentene$154.00B$39.84B
HUMHumana$106.44B$29.54B
MOHMolina Healthcare$34.07B$9.86B
ALHCAlignment Healthcare$1.82B$681.29M

CVS Revenue FAQ


CVS Health's yearly revenue for 2023 was $357.78B, representing an increase of 10.95% compared to 2022. The company's yearly revenue for 2022 was $322.47B, representing an increase of 10.39% compared to 2021. CVS's yearly revenue for 2021 was $292.11B, representing an increase of 8.71% compared to 2020.

CVS Health's quarterly revenue for Q1 2024 was $87.98B, a -5.95% decrease from the previous quarter (Q4 2023), and a 3.58% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $93.54B, a 4.53% increase from the previous quarter (Q3 2023), and a 12.00% increase year-over-year (Q4 2022). CVS's quarterly revenue for Q3 2023 was $89.49B, a 0.95% increase from the previous quarter (Q2 2023), and a 10.54% increase year-over-year (Q3 2022).

CVS Health's revenue growth rate for the last 3 years (2021-2023) was 22.48%, and for the last 5 years (2019-2023) was 39.33%.

CVS Health's revenue streams in c 23 are Product and Service, Other, Front Store Revenue, Pharmacy Revenue, and Premiums. Product and Service, Other generated $11.52B in revenue, accounting 3.23% of the company's total revenue, up 37.19% year-over-year. Front Store Revenue generated $22.46B in revenue, accounting 6.30% of the company's total revenue, down -1.41% year-over-year. Pharmacy Revenue generated $223.45B in revenue, accounting 62.66% of the company's total revenue, up 8.94% year-over-year. Premiums generated $99.19B in revenue, accounting 27.81% of the company's total revenue, up 16.25% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of CVS Health was Pharmacy Revenue. This segment made a revenue of $223.45B, representing 62.66% of the company's total revenue.