Return on Assets (ROA)
since 2005
Calculation
CVS Health Corp., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income (loss) attributable to CVS Health1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 3.34% | = | 100 | × | 8,344) | ÷ | 249,728) |
| Dec 31, 2022 | 1.82% | = | 100 | × | 4,149) | ÷ | 228,275) |
| Dec 31, 2021 | 3.39% | = | 100 | × | 7,910) | ÷ | 232,999) |
| Dec 31, 2020 | 3.11% | = | 100 | × | 7,179) | ÷ | 230,715) |
| Dec 31, 2019 | 2.98% | = | 100 | × | 6,634) | ÷ | 222,449) |
| Dec 31, 2018 | -0.30% | = | 100 | × | (594) | ÷ | 196,456) |
| Dec 31, 2017 | 6.96% | = | 100 | × | 6,622) | ÷ | 95,131) |
| Dec 31, 2016 | 5.63% | = | 100 | × | 5,317) | ÷ | 94,462) |
| Dec 31, 2015 | 5.59% | = | 100 | × | 5,237) | ÷ | 93,657) |
| Dec 31, 2014 | 6.25% | = | 100 | × | 4,644) | ÷ | 74,252) |
| Dec 31, 2013 | 6.42% | = | 100 | × | 4,592) | ÷ | 71,526) |
| Dec 31, 2012 | 5.88% | = | 100 | × | 3,877) | ÷ | 65,912) |
| Dec 31, 2011 | 5.36% | = | 100 | × | 3,461) | ÷ | 64,543) |
| Dec 31, 2010 | 5.51% | = | 100 | × | 3,427) | ÷ | 62,169) |
| Dec 31, 2009 | 6.00% | = | 100 | × | 3,696) | ÷ | 61,641) |
| Dec 31, 2008 | 5.27% | = | 100 | × | 3,212) | ÷ | 60,960) |
| Dec 29, 2007 | 4.82% | = | 100 | × | 2,637) | ÷ | 54,722) |
| Dec 30, 2006 | 6.65% | = | 100 | × | 1,369) | ÷ | 20,570) |
| Dec 31, 2005 | 8.01% | = | 100 | × | 1,225) | ÷ | 15,283) |
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., ROA, long-term trends, comparison to competitors
| CVS Health Corp. | Abbott Laboratories | Cigna Group | Elevance Health Inc. | Humana Inc. | Intuitive Surgical Inc. | Medtronic PLC | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 3.34% | 7.82% | 3.38% | 5.50% | 5.29% | 11.64% | 4.13% | 8.18% |
| Dec 31, 2022 | 1.82% | 9.31% | 4.63% | 5.86% | 6.52% | 10.19% | 5.54% | 8.19% |
| Dec 31, 2021 | 3.39% | 9.40% | 3.46% | 6.26% | 6.61% | 12.58% | 3.87% | 8.15% |
| Dec 31, 2020 | 3.11% | 6.20% | 5.44% | 5.28% | 9.63% | 9.50% | 5.28% | 7.81% |
| Dec 31, 2019 | 2.98% | 5.43% | 3.28% | 6.21% | 9.31% | 14.17% | 5.16% | 7.96% |
| Dec 31, 2018 | -0.30% | 3.53% | 1.72% | 5.24% | 6.62% | 14.37% | 3.40% | 7.87% |
| Dec 31, 2017 | 6.96% | 0.63% | 3.62% | 5.45% | 9.01% | 11.46% | 4.04% | 7.59% |
| Dec 31, 2016 | 5.63% | 2.66% | 3.15% | 3.79% | 2.42% | 11.34% | 3.55% | 5.71% |
| Dec 31, 2015 | 5.59% | 10.72% | 3.67% | 4.15% | 5.16% | 12.00% | 2.51% | 5.22% |
| Dec 31, 2014 | 6.25% | 5.53% | 3.76% | 4.14% | 4.89% | 10.58% | 8.08% | 6.50% |
| Dec 31, 2013 | 6.42% | 6.00% | 2.72% | 4.18% | 5.94% | 16.99% | 9.95% | 6.87% |
| Dec 31, 2012 | 5.88% | 8.87% | 3.02% | 4.50% | 6.12% | 16.18% | 10.93% | 6.83% |
| Dec 31, 2011 | 5.36% | 7.84% | 2.60% | 5.09% | 8.01% | 16.16% | 10.18% | 7.57% |
| Dec 31, 2010 | 5.51% | 7.78% | 2.94% | 5.75% | 6.83% | 15.97% | 11.03% | 7.35% |
| Dec 31, 2009 | 6.00% | 10.96% | 3.03% | 9.10% | 7.35% | 12.85% | 9.17% | 6.47% |
| Dec 31, 2008 | 5.27% | 11.51% | 0.71% | 5.15% | 4.96% | 13.86% | 10.05% | 5.33% |
| Dec 29, 2007 | 4.82% | 9.08% | 2.78% | 6.43% | 6.47% | 13.90% | 14.36% | 9.14% |
| Dec 30, 2006 | 6.65% | 4.75% | 2.72% | 5.98% | 4.81% | 10.72% | 12.95% | 8.61% |
| Dec 31, 2005 | 8.01% | 11.57% | 3.62% | 4.79% | 4.49% | 18.77% | 10.86% | 7.98% |
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).
Comparison to Sector (Health Care Equipment & Services)
CVS Health Corp., ROA, long-term trends, comparison to sector (health care equipment & services)
| CVS Health Corp. | Health Care Equipment & Services | |
|---|---|---|
| Dec 31, 2023 | 3.34% | 5.50% |
| Dec 31, 2022 | 1.82% | 5.63% |
| Dec 31, 2021 | 3.39% | 5.63% |
| Dec 31, 2020 | 3.11% | 5.61% |
| Dec 31, 2019 | 2.98% | 5.18% |
| Dec 31, 2018 | -0.30% | 3.41% |
| Dec 31, 2017 | 6.96% | 5.36% |
| Dec 31, 2016 | 5.63% | 4.36% |
| Dec 31, 2015 | 5.59% | 4.92% |
| Dec 31, 2014 | 6.25% | 5.67% |
| Dec 31, 2013 | 6.42% | 5.98% |
| Dec 31, 2012 | 5.88% | 6.55% |
| Dec 31, 2011 | 5.36% | 6.43% |
| Dec 31, 2010 | 5.51% | 6.57% |
| Dec 31, 2009 | 6.00% | 7.39% |
| Dec 31, 2008 | 5.27% | 5.93% |
| Dec 29, 2007 | 4.82% | 7.06% |
| Dec 30, 2006 | 6.65% | 6.36% |
| Dec 31, 2005 | 8.01% | 6.89% |
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).
Comparison to Industry (Health Care)
CVS Health Corp., ROA, long-term trends, comparison to industry (health care)
| CVS Health Corp. | Health Care | |
|---|---|---|
| Dec 31, 2023 | 3.34% | 6.08% |
| Dec 31, 2022 | 1.82% | 8.60% |
| Dec 31, 2021 | 3.39% | 8.69% |
| Dec 31, 2020 | 3.11% | 5.36% |
| Dec 31, 2019 | 2.98% | 7.15% |
| Dec 31, 2018 | -0.30% | 6.08% |
| Dec 31, 2017 | 6.96% | 5.31% |
| Dec 31, 2016 | 5.63% | 6.93% |
| Dec 31, 2015 | 5.59% | 7.37% |
| Dec 31, 2014 | 6.25% | 8.18% |
| Dec 31, 2013 | 6.42% | 8.29% |
| Dec 31, 2012 | 5.88% | 7.68% |
| Dec 31, 2011 | 5.36% | 7.00% |
| Dec 31, 2010 | 5.51% | 6.99% |
| Dec 31, 2009 | 6.00% | 9.19% |
| Dec 31, 2008 | 5.27% | 8.56% |
| Dec 29, 2007 | 4.82% | 8.18% |
| Dec 30, 2006 | 6.65% | 9.77% |
| Dec 31, 2005 | 8.01% | 9.09% |
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).