Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $230,715 | $232,999 | $228,275 | $249,728 | $253,215 |
Liabilities | $161,014 | $157,618 | $156,960 | $173,092 | $177,485 |
Equity | $69,389 | $75,075 | $71,015 | $76,461 | $75,560 |
Edwyn
Over the past five years, CVS Health Corporation has shown a consistent growth trend in its total assets, increasing from $230.7 billion in 2020 to $253.2 billion in 2024. This steady growth indicates the company's expansion and investment in its operations and assets. On the other hand, total liabilities have also increased over the period, from $161.0 billion in 2020 to $177.5 billion in 2024. This rise in liabilities suggests that CVS Health has taken on more debt or financial obligations to support its growth initiatives. Despite the increase in liabilities, the company's stockholders' equity has fluctuated during the period, reaching a peak of $76.5 billion in 2023 before dropping to $75.6 billion in 2024. This fluctuation may be attributed to various factors such as share buybacks, dividend payouts, or changes in the company's profitability. Overall, CVS Health Corporation appears to be in a healthy financial position with a strong asset base, but stakeholders should monitor the increasing liabilities and equity fluctuations to ensure sustainable growth and profitability, especially in the competitive healthcare industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.