Financial Statements

CVS Health Corporation (CVS)


+2.14 (+2.05%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 49,64045,10840,91143,556-
Net Income 7,8987,1796,634-5946,622
Stock Dividends -7-23166-1338,983
Dividend Paid -2,625-2,624-2,603-2,038-2,049
Retained Earnings 54,90649,64045,10840,91143,556

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 33,33532,90411,34910,292-
Annual Depreciation 1,2032,86824,0123,09412,210
Capital Expenditure -2,520-2,437-2,457-2,037-1,918
Net PPE 32,01833,33532,90411,34910,292

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -38,45178,67879,74979,552
New Purchases -86-692-7,534-9,639-9,963
Intangible and Goodwill 38,45178,67879,74979,55279,121

CVS Health Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes CVS Health Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.