Historical analysis of CVS Health income statement accounts such as Cost of Revenue of 145 B, Earning Before Interest and Taxes EBIT of 10.1 B or Gross Profit of 28.6 B can show how well CVS Health Corporation performed in making a profits. Evaluating CVS Health income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CVS Health future profits or losses. Financial Statement Analysis is much more than just reviewing and examining CVS Health latest accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether CVS Health is a good buy for the upcoming year. Check also Trending Equities.
The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of [NetIncNCI].
Cost of Revenue
Cost of Revenue is found on CVS Health income statement and represents the costs associated with goods and services CVS Health provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. The aggregate cost of goods produced and sold and services rendered during the reporting period.
Gross profit is a required income statement account that reflects total revenue of CVS Health Corporation minus its cost of goods sold. It is profit before CVS Health operating expenses, interest payments and taxes. Gross profit is also known as gross margin. Aggregate revenue Revenues less cost of revenue Cost of Revenue directly attributable to the revenue generation activity.
Amount of the cost of borrowed funds accounted for as interest expense.
Net Income Common Stock
The amount of net income (loss) for the period due to common shareholders. Typically differs from [NetInc] to the parent entity due to the deduction of [PrefDivIS].
Amount of loss (income) from a disposal group; net of income tax; reported as a separate component of income.
Net Income to Non Controlling Interests
The portion of income which is attributable to non-controlling interest shareholders; subtracted from [ConsolInc] in order to obtain [NetInc].
Operating expenses represents the total expenditure on [SGnA]; [RnD] and other operating expense items; it excludes [CoR].
Operating Income is the amount of profit realized from CVS Health operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of CVS Health Corporation is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Operating income is a measure of financial performance before the deduction of Interest Expense; Income Tax Expense and other Non-Operating items. It is calculated as Gross Profit minus Operating Expenses.
Preferred Dividends Income Statement Impact
Income statement item reflecting dividend payments to preferred stockholders. Subtracted from Net Income to Parent [NetInc] to obtain Net Income to Common Stockholders [NetIncCmn].
A component of [OpEx] representing the aggregate total costs related to selling a firm's product and services; as well as all other general and administrative expenses. Direct selling expenses (for example; credit; warranty; and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products; for example telephone expenses; Internet; and postal charges. General and administrative expenses include salaries of non-sales personnel; rent; utilities; communication; etc.
Weighted Average Shares
The weighted average number of shares or units issued and outstanding that are used by the company to calculate Earnings per Basic Share; determined based on the timing of issuance of shares or units in the period.
Weighted Average Shares Diluted
The weighted average number of shares or units issued and outstanding that are used by the company to calculate [EPSDil]; determined based on the timing of issuance of shares or units in the period.
Income Tax Expense
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
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