Cvs Health (CVS) Asset Writedowns and Impairment (2022 - 2024)
Cvs Health's (CVS) quarterly Asset Writedowns and Impairment came in at -$840.0 million in Q4 2024, down 326.4% YoY from $371.0 million in Q1 2024, and down 238.39% on a QoQ basis from $607.0 million in Q3 2024.
Cvs Health (CVS) Asset Writedowns and Impairment (2022 - 2024) Analysis & Trends
Cvs Health (CVS) has 3 years of Asset Writedowns and Impairment data on file, last reported at -$840.0 million in Q4 2024.
- Quarterly Asset Writedowns and Impairment fell 326.4% year-over-year to -$840.0 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was -$430.0 million (down 362.2% YoY) and the FY2023 annual result came in at $152.0 million, down 94.0% from the prior year.
- Asset Writedowns and Impairment slipped to -$840.0 million in Q4 2024, from $607.0 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $2.5 billion in Q3 2022 to a low of -$840.0 million in Q4 2024.
- A 3-year average of $350.3 million and a median of $41.0 million in 2022 frame the typical range for Asset Writedowns and Impairment.
- The widest YoY moves for Asset Writedowns and Impairment: up 751.22% in 2023, down 1741.67% in 2023.
- Tracing CVS's Asset Writedowns and Impairment over 3 years: stood at $12.0 million in 2022, then tumbled by 1741.67% to -$197.0 million in 2023, then plunged by 326.4% to -$840.0 million in 2024.
- The last three Asset Writedowns and Impairment figures came in at -$840.0 million (Q4 2024), $607.0 million (Q3 2024), and -$197.0 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 352.16 Bn | 320.69 Bn | 36.67 Bn |
| 2 | Cvs Health | 118.83 Bn | 104.87 Bn | 47.23 Bn |
| 3 | Elevance Health | 86.85 Bn | 50.89 Bn | 13.45 Bn |
| 4 | Humana | 45.59 Bn | 21.72 Bn | 5.50 Bn |
| 5 | Centene | 31.97 Bn | 4.92 Bn | 14.55 Bn |
| 6 | Molina Healthcare | 10.21 Bn | 1.30 Bn | 1.43 Bn |
| 7 | Oscar Health | 9.60 Bn | 1.05 Bn | 1.09 Bn |
| 8 | Alignment Healthcare | 2.72 Bn | 2.02 Bn | 180.96 Mn |
| 9 | Clover Health Investments | 2.17 Bn | 1.93 Bn | 153.00 Mn |
| 10 | Progyny | 2.01 Bn | 1.77 Bn | 89.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -840.00 Mn |
| Dec 31, 2024 | -840.00 Mn |
| Sep 30, 2024 | 607.00 Mn |
| Sep 30, 2024 | 607.00 Mn |
| Dec 31, 2023 | -197.00 Mn |
| Dec 31, 2023 | -197.00 Mn |
| Mar 31, 2023 | 349.00 Mn |
| Mar 31, 2023 | 349.00 Mn |
| Dec 31, 2022 | 12.00 Mn |
| Dec 31, 2022 | 12.00 Mn |
| Sep 30, 2022 | 2.48 Bn |
| Sep 30, 2022 | 2.48 Bn |
| Mar 31, 2022 | 41.00 Mn |
| Mar 31, 2022 | 41.00 Mn |