CVS Tax Provision from 2010 to 2024

CVS Stock  USD 59.96  0.95  1.61%   
CVS Health Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 2 B in 2024. Tax Provision is the amount set aside by CVS Health Corp to cover any estimated taxes for the current period. It reflects CVS Health's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
569 M
Current Value
34 M
Quarterly Volatility
419.9 M
 
Covid
Check CVS Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CVS Health's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.6 B, Interest Expense of 2.8 B or Selling General Administrative of 40.3 B, as well as many indicators such as Price To Sales Ratio of 0.27, Dividend Yield of 0.0243 or PTB Ratio of 1.26. CVS financial statements analysis is a perfect complement when working with CVS Health Valuation or Volatility modules.
  
Check out the analysis of CVS Health Correlation against competitors.

Latest CVS Health's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of CVS Health Corp over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. CVS Health's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CVS Health's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

CVS Tax Provision Regression Statistics

Arithmetic Mean2,730,567,407
Geometric Mean2,632,559,056
Coefficient Of Variation26.00
Mean Deviation612,461,432
Median2,805,000,000
Standard Deviation709,848,240
Sample Variance503884.5T
Range1.9B
R-Value(0.73)
Mean Square Error255415.5T
R-Squared0.53
Significance0
Slope(115,480,079)
Total Sum of Squares7054383.3T

CVS Tax Provision History

2024B
20232.8 B
20221.5 B
20212.5 B
20202.6 B
20192.4 B
2018B

About CVS Health Financial Statements

CVS Health shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although CVS Health investors may analyze each financial statement separately, they are all interrelated. The changes in CVS Health's assets and liabilities, for example, are also reflected in the revenues and expenses on on CVS Health's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision2.8 BB

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Additional Tools for CVS Stock Analysis

When running CVS Health's price analysis, check to measure CVS Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVS Health is operating at the current time. Most of CVS Health's value examination focuses on studying past and present price action to predict the probability of CVS Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVS Health's price. Additionally, you may evaluate how the addition of CVS Health to your portfolios can decrease your overall portfolio volatility.