Operating Profit Margin
since 2005
Calculation
CVS Health Corp., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Operating income1 | ÷ | Revenues from customers1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 3.85% | = | 100 | × | 13,743) | ÷ | 356,623) |
| Dec 31, 2022 | 2.41% | = | 100 | × | 7,746) | ÷ | 321,629) |
| Dec 31, 2021 | 4.54% | = | 100 | × | 13,193) | ÷ | 290,912) |
| Dec 31, 2020 | 5.19% | = | 100 | × | 13,911) | ÷ | 267,908) |
| Dec 31, 2019 | 4.69% | = | 100 | × | 11,987) | ÷ | 255,765) |
| Dec 31, 2018 | 2.07% | = | 100 | × | 4,021) | ÷ | 193,919) |
| Dec 31, 2017 | 5.15% | = | 100 | × | 9,517) | ÷ | 184,765) |
| Dec 31, 2016 | 5.84% | = | 100 | × | 10,366) | ÷ | 177,526) |
| Dec 31, 2015 | 6.18% | = | 100 | × | 9,475) | ÷ | 153,290) |
| Dec 31, 2014 | 6.31% | = | 100 | × | 8,799) | ÷ | 139,367) |
| Dec 31, 2013 | 6.34% | = | 100 | × | 8,037) | ÷ | 126,761) |
| Dec 31, 2012 | 5.87% | = | 100 | × | 7,228) | ÷ | 123,133) |
| Dec 31, 2011 | 5.91% | = | 100 | × | 6,330) | ÷ | 107,100) |
| Dec 31, 2010 | 6.39% | = | 100 | × | 6,165) | ÷ | 96,413) |
| Dec 31, 2009 | 6.52% | = | 100 | × | 6,438) | ÷ | 98,729) |
| Dec 31, 2008 | 6.91% | = | 100 | × | 6,046) | ÷ | 87,472) |
| Dec 29, 2007 | 6.28% | = | 100 | × | 4,793) | ÷ | 76,330) |
| Dec 30, 2006 | 5.57% | = | 100 | × | 2,442) | ÷ | 43,814) |
| Dec 31, 2005 | 5.46% | = | 100 | × | 2,020) | ÷ | 37,006) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
CVS Health Corp., operating profit margin, long-term trends, comparison to competitors
| CVS Health Corp. | Abbott Laboratories | Cigna Group | Humana Inc. | Intuitive Surgical Inc. | Medtronic PLC | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 3.85% | 16.15% | 4.40% | 3.81% | 24.80% | 17.56% | 8.80% |
| Dec 31, 2022 | 2.41% | 19.16% | 4.69% | 4.11% | 25.35% | 18.15% | 8.83% |
| Dec 31, 2021 | 4.54% | 19.56% | 4.60% | 3.80% | 31.89% | 14.89% | 8.40% |
| Dec 31, 2020 | 5.19% | 15.48% | 5.12% | 6.56% | 24.09% | 16.57% | 8.76% |
| Dec 31, 2019 | 4.69% | 14.21% | 5.31% | 4.96% | 30.69% | 20.51% | 8.19% |
| Dec 31, 2018 | 2.07% | 11.94% | 8.82% | 5.50% | 32.21% | 22.20% | 7.71% |
| Dec 31, 2017 | 5.15% | 6.30% | 9.71% | 7.99% | 33.71% | 17.94% | 7.60% |
| Dec 31, 2016 | 5.84% | 15.27% | 0.00% | 3.22% | 34.95% | 18.35% | 7.03% |
| Dec 31, 2015 | 6.18% | 14.05% | 0.00% | 4.36% | 31.04% | 18.59% | 7.05% |
| Dec 31, 2014 | 6.31% | 12.84% | 0.00% | 4.91% | 25.56% | 22.42% | 7.92% |
| Dec 31, 2013 | 6.34% | 12.03% | 0.00% | 5.03% | 37.64% | 26.53% | 7.90% |
| Dec 31, 2012 | 5.87% | 20.28% | 0.00% | 5.20% | 40.30% | 0.00% | 8.42% |
| Dec 31, 2011 | 5.91% | 14.81% | 0.00% | 6.43% | 39.54% | 0.00% | 8.36% |
| Dec 31, 2010 | 6.39% | 17.31% | 0.00% | 5.53% | 39.29% | 0.00% | 8.41% |
| Dec 31, 2009 | 6.52% | 20.27% | 0.00% | 5.57% | 35.87% | 0.00% | 7.35% |
| Dec 31, 2008 | 6.91% | 19.28% | 0.00% | 3.74% | 35.53% | 0.00% | 6.54% |
| Dec 29, 2007 | 6.28% | 17.67% | 0.00% | 5.44% | 34.41% | 0.00% | 10.57% |
| Dec 30, 2006 | 5.57% | 9.09% | 0.00% | 3.91% | 28.81% | 0.00% | 9.88% |
| Dec 31, 2005 | 5.46% | 19.53% | 0.00% | 3.23% | 30.25% | 0.00% | 11.98% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).