CVS Health Corp (CVS)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 8,516,000 | 9,521,000 | 12,379,000 | 12,568,000 | 13,743,000 | 13,821,000 | 6,212,000 | 7,647,000 | 7,746,000 | 6,524,000 | 13,504,000 | 13,161,000 | 13,193,000 | 13,488,000 | 13,676,000 | 14,030,000 | 13,911,000 | 14,424,000 | 14,103,000 | 12,755,000 |
| Revenue (ttm) | US$ in thousands | 372,809,000 | 368,912,000 | 363,248,000 | 360,935,000 | 357,776,000 | 347,809,000 | 339,204,000 | 330,919,000 | 322,467,000 | 315,225,000 | 307,860,000 | 299,840,000 | 292,111,000 | 285,061,000 | 278,323,000 | 271,048,000 | 268,706,000 | 266,041,000 | 263,795,000 | 261,885,000 |
| Operating profit margin | 2.28% | 2.58% | 3.41% | 3.48% | 3.84% | 3.97% | 1.83% | 2.31% | 2.40% | 2.07% | 4.39% | 4.39% | 4.52% | 4.73% | 4.91% | 5.18% | 5.18% | 5.42% | 5.35% | 4.87% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $8,516,000K ÷ $372,809,000K
= 2.28%
The operating profit margin of CVS Health Corp has shown fluctuations over the reported periods. It started at 4.87% in March 2020, increased to peak at 5.42% by September 2020, and then slightly declined to 4.52% by December 2021. Subsequently, the margin remained relatively stable around the 4-5% range until September 2022.
However, a sharp decline in the operating profit margin was observed in the following periods, dropping to 1.83% by June 2023, then recovering to 3.84% by December 2023 before declining again to 2.28% by December 2024. This variability in the operating profit margin indicates changes in the efficiency of CVS Health Corp in generating profits from its core operations during the reporting periods. The decreasing trend in the margin towards the end of the data timeline may require further examination to understand the underlying factors impacting CVS Health Corp's profitability.
Peer comparison
Dec 31, 2024