CVS Health (CVS) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

CVS Health Revenue Highlights

Latest Revenue (Y)

$357.78B

Latest Revenue (Q)

$91.32B

Main Segment (Y)

Pharmacy Revenue

CVS Health Revenue by Period

CVS Health Revenue by Year

Date	Revenue	Change
2023-12-31	$357.78B	10.95%
2022-12-31	$322.47B	10.39%
2021-12-31	$292.11B	8.71%
2020-12-31	$268.71B	4.65%
2019-12-31	$256.78B	31.96%
2018-12-31	$194.58B	5.31%
2017-12-31	$184.76B	4.08%
2016-12-31	$177.53B	15.81%
2015-12-31	$153.29B	9.99%
2014-12-31	$139.37B	9.94%
2013-12-31	$126.76B	2.95%
2012-12-31	$123.13B	14.97%
2011-12-31	$107.10B	11.08%
2010-12-31	$96.41B	-2.35%
2009-12-31	$98.73B	12.87%
2008-12-31	$87.47B	14.60%
2007-12-29	$76.33B	74.21%
2006-12-30	$43.81B	18.40%
2005-12-31	$37.01B	20.96%
2005-01-01	$30.59B	15.07%
2004-01-03	$26.59B	9.95%
2002-12-28	$24.18B	8.72%
2001-12-29	$22.24B	10.72%
2000-12-30	$20.09B	10.99%
2000-01-01	$18.10B	18.49%
1998-12-31	$15.27B	19.90%
1997-12-31	$12.74B	130.43%
1996-12-31	$5.53B	-42.95%
1995-12-31	$9.69B	-14.15%
1994-12-31	$11.29B	8.15%
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

Date	Revenue	Change
2024-06-30	$91.32B	3.80%
2024-03-31	$87.98B	-5.95%
2023-12-31	$93.55B	4.53%
2023-09-30	$89.49B	0.95%
2023-06-30	$88.65B	4.36%
2023-03-31	$84.94B	1.70%
2022-12-31	$83.52B	3.17%
2022-09-30	$80.96B	0.58%
2022-06-30	$80.49B	5.00%
2022-03-31	$76.66B	0.07%
2021-12-31	$76.60B	3.81%
2021-09-30	$73.79B	1.62%
2021-06-30	$72.62B	5.09%
2021-03-31	$69.10B	-0.66%
2020-12-31	$69.55B	3.73%
2020-09-30	$67.06B	2.62%
2020-06-30	$65.34B	-2.12%
2020-03-31	$66.75B	-0.20%
2019-12-31	$66.89B	3.21%
2019-09-30	$64.81B	2.17%
2019-06-30	$63.43B	2.90%
2019-03-31	$61.65B	13.27%
2018-12-31	$54.42B	15.14%
2018-09-30	$47.27B	1.20%
2018-06-30	$46.71B	2.22%
2018-03-31	$45.69B	-5.56%
2017-12-31	$48.38B	4.77%
2017-09-30	$46.18B	1.09%
2017-06-30	$45.69B	2.63%
2017-03-31	$44.51B	-3.17%
2016-12-31	$45.97B	3.04%
2016-09-30	$44.62B	2.04%
2016-06-30	$43.73B	1.18%
2016-03-31	$43.22B	5.03%
2015-12-31	$41.15B	6.47%
2015-09-30	$38.64B	3.97%
2015-06-30	$37.17B	2.30%
2015-03-31	$36.33B	-1.95%
2014-12-31	$37.05B	5.81%
2014-09-30	$35.02B	1.21%
2014-06-30	$34.60B	5.85%
2014-03-31	$32.69B	-0.28%
2013-12-31	$32.78B	2.55%
2013-09-30	$31.97B	2.30%
2013-06-30	$31.25B	1.58%
2013-03-31	$30.76B	-2.01%
2012-12-31	$31.39B	3.86%
2012-09-30	$30.23B	-1.59%
2012-06-30	$30.71B	-0.27%
2012-03-31	$30.80B	8.76%
2011-12-31	$28.32B	6.16%
2011-09-30	$26.67B	0.17%
2011-06-30	$26.63B	2.89%
2011-03-31	$25.88B	4.47%
2010-12-31	$24.77B	4.47%
2010-09-30	$23.71B	-1.23%
2010-06-30	$24.01B	1.04%
2010-03-31	$23.76B	-7.99%
2009-12-31	$25.82B	4.79%
2009-09-30	$24.64B	-0.92%
2009-06-30	$24.87B	6.31%
2009-03-31	$23.39B	-3.10%
2008-12-31	$24.14B	15.72%
2008-09-27	$20.86B	-1.31%
2008-06-28	$21.14B	-0.87%
2008-03-29	$21.33B	-

CVS Health generated $91.32B in revenue during Q2 2024, up 3.80% compared to the previous quarter, and up 107.51% compared to the same period a year ago.

CVS Health Revenue Breakdown

CVS Health Revenue Breakdown by Product

Annual Revenue by Product

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

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/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Health Care Benefits Segment	$33.00B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Health Services Segment	$44.13B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pharmacy And Consumer Health Segment	$32.42B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	-	-	-	-
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	-	-	-	-
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	-	-	-	-
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	-	-	-	-
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 Sep 24: Health Services Segment (40.28%), Health Care Benefits Segment (30.12%), and Pharmacy And Consumer Health Segment (29.60%).

CVS Health Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
UNH	UnitedHealth Group	$371.62B	$102.83B
CVS	CVS Health	$357.78B	$91.32B
CI	Cigna	$195.26B	$63.69B
ELV	Elevance Health	$171.34B	$53.49B
CNC	Centene	$154.00B	$42.02B
HUM	Humana	$106.44B	$29.40B
MOH	Molina Healthcare	$34.07B	$10.36B
ALHC	Alignment Healthcare	$1.82B	$692.43M

CVS Revenue FAQ

What is CVS Health’s yearly revenue?

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.

What is CVS Health’s quarterly revenue?

CVS Health's quarterly revenue for Q2 2024 was $91.32B, a 3.80% increase from the previous quarter (Q1 2024), and a 3.02% increase year-over-year (Q2 2023). The company'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). CVS'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).

What is CVS Health’s revenue growth rate?

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%.

What are CVS Health’s revenue streams?

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

What is CVS Health’s main source of revenue?

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.