Total Asset Turnover
since 2005
Calculation
CVS Health Corp., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Revenues from customers1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1.43 | = | 356,623) | ÷ | 249,728) |
| Dec 31, 2022 | 1.41 | = | 321,629) | ÷ | 228,275) |
| Dec 31, 2021 | 1.25 | = | 290,912) | ÷ | 232,999) |
| Dec 31, 2020 | 1.16 | = | 267,908) | ÷ | 230,715) |
| Dec 31, 2019 | 1.15 | = | 255,765) | ÷ | 222,449) |
| Dec 31, 2018 | 0.99 | = | 193,919) | ÷ | 196,456) |
| Dec 31, 2017 | 1.94 | = | 184,765) | ÷ | 95,131) |
| Dec 31, 2016 | 1.88 | = | 177,526) | ÷ | 94,462) |
| Dec 31, 2015 | 1.64 | = | 153,290) | ÷ | 93,657) |
| Dec 31, 2014 | 1.88 | = | 139,367) | ÷ | 74,252) |
| Dec 31, 2013 | 1.77 | = | 126,761) | ÷ | 71,526) |
| Dec 31, 2012 | 1.87 | = | 123,133) | ÷ | 65,912) |
| Dec 31, 2011 | 1.66 | = | 107,100) | ÷ | 64,543) |
| Dec 31, 2010 | 1.55 | = | 96,413) | ÷ | 62,169) |
| Dec 31, 2009 | 1.60 | = | 98,729) | ÷ | 61,641) |
| Dec 31, 2008 | 1.43 | = | 87,472) | ÷ | 60,960) |
| Dec 29, 2007 | 1.39 | = | 76,330) | ÷ | 54,722) |
| Dec 30, 2006 | 2.13 | = | 43,814) | ÷ | 20,570) |
| Dec 31, 2005 | 2.42 | = | 37,006) | ÷ | 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., total asset turnover, 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 | 1.43 | 0.55 | 1.27 | 1.56 | 2.24 | 0.46 | 0.34 | 1.34 |
| Dec 31, 2022 | 1.41 | 0.59 | 1.25 | 1.51 | 2.15 | 0.48 | 0.35 | 1.31 |
| Dec 31, 2021 | 1.25 | 0.57 | 1.11 | 1.41 | 1.87 | 0.42 | 0.32 | 1.34 |
| Dec 31, 2020 | 1.16 | 0.48 | 1.02 | 1.39 | 2.17 | 0.39 | 0.32 | 1.30 |
| Dec 31, 2019 | 1.15 | 0.47 | 0.98 | 1.33 | 2.21 | 0.46 | 0.34 | 1.38 |
| Dec 31, 2018 | 0.99 | 0.46 | 0.31 | 1.28 | 2.22 | 0.47 | 0.33 | 1.48 |
| Dec 31, 2017 | 1.94 | 0.36 | 0.66 | 1.26 | 1.96 | 0.54 | 0.30 | 1.44 |
| Dec 31, 2016 | 1.88 | 0.40 | 0.65 | 1.29 | 2.13 | 0.42 | 0.29 | 1.50 |
| Dec 31, 2015 | 1.64 | 0.49 | 0.64 | 1.27 | 2.18 | 0.49 | 0.19 | 1.40 |
| Dec 31, 2014 | 1.88 | 0.49 | 0.60 | 1.18 | 2.05 | 0.54 | 0.45 | 1.50 |
| Dec 31, 2013 | 1.77 | 0.51 | 0.57 | 1.18 | 1.97 | 0.57 | 0.48 | 1.49 |
| Dec 31, 2012 | 1.87 | 0.59 | 0.52 | 1.03 | 1.94 | 0.54 | 0.49 | 1.36 |
| Dec 31, 2011 | 1.66 | 0.64 | 0.41 | 1.15 | 2.06 | 0.57 | 0.52 | 1.49 |
| Dec 31, 2010 | 1.55 | 0.59 | 0.44 | 1.15 | 2.08 | 0.59 | 0.56 | 1.48 |
| Dec 31, 2009 | 1.60 | 0.59 | 0.41 | 1.17 | 2.17 | 0.58 | 0.62 | 1.47 |
| Dec 31, 2008 | 1.43 | 0.70 | 0.44 | 1.27 | 2.20 | 0.59 | 0.61 | 1.44 |
| Dec 29, 2007 | 1.39 | 0.65 | 0.41 | 1.15 | 1.94 | 0.58 | 0.63 | 1.46 |
| Dec 30, 2006 | 2.13 | 0.62 | 0.36 | 1.08 | 2.09 | 0.55 | 0.57 | 1.46 |
| Dec 31, 2005 | 2.42 | 0.77 | 0.34 | 0.87 | 2.08 | 0.45 | 0.61 | 1.08 |
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., total asset turnover, long-term trends, comparison to sector (health care equipment & services)
| CVS Health Corp. | Health Care Equipment & Services | |
|---|---|---|
| Dec 31, 2023 | 1.43 | 1.26 |
| Dec 31, 2022 | 1.41 | 1.22 |
| Dec 31, 2021 | 1.25 | 1.13 |
| Dec 31, 2020 | 1.16 | 1.08 |
| Dec 31, 2019 | 1.15 | 1.07 |
| Dec 31, 2018 | 0.99 | 0.89 |
| Dec 31, 2017 | 1.94 | 1.09 |
| Dec 31, 2016 | 1.88 | 1.12 |
| Dec 31, 2015 | 1.64 | 1.04 |
| Dec 31, 2014 | 1.88 | 1.20 |
| Dec 31, 2013 | 1.77 | 1.17 |
| Dec 31, 2012 | 1.87 | 1.09 |
| Dec 31, 2011 | 1.66 | 1.10 |
| Dec 31, 2010 | 1.55 | 1.08 |
| Dec 31, 2009 | 1.60 | 1.11 |
| Dec 31, 2008 | 1.43 | 1.12 |
| Dec 29, 2007 | 1.39 | 1.07 |
| Dec 30, 2006 | 2.13 | 1.05 |
| Dec 31, 2005 | 2.42 | 0.92 |
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., total asset turnover, long-term trends, comparison to industry (health care)
| CVS Health Corp. | Health Care | |
|---|---|---|
| Dec 31, 2023 | 1.43 | 0.80 |
| Dec 31, 2022 | 1.41 | 0.81 |
| Dec 31, 2021 | 1.25 | 0.76 |
| Dec 31, 2020 | 1.16 | 0.70 |
| Dec 31, 2019 | 1.15 | 0.71 |
| Dec 31, 2018 | 0.99 | 0.67 |
| Dec 31, 2017 | 1.94 | 0.68 |
| Dec 31, 2016 | 1.88 | 0.70 |
| Dec 31, 2015 | 1.64 | 0.67 |
| Dec 31, 2014 | 1.88 | 0.72 |
| Dec 31, 2013 | 1.77 | 0.69 |
| Dec 31, 2012 | 1.87 | 0.69 |
| Dec 31, 2011 | 1.66 | 0.70 |
| Dec 31, 2010 | 1.55 | 0.69 |
| Dec 31, 2009 | 1.60 | 0.64 |
| Dec 31, 2008 | 1.43 | 0.81 |
| Dec 29, 2007 | 1.39 | 0.77 |
| Dec 30, 2006 | 2.13 | 0.74 |
| Dec 31, 2005 | 2.42 | 0.70 |
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).