Cvs Health (CVS) Deferred Taxes (2009 - 2024)
Cvs Health posted quarterly Deferred Taxes of -$217.0 million for Q1 2024, down 240.0% year-on-year from $155.0 million in Q2 2023, and up 31.33% on a QoQ basis from -$316.0 million in Q4 2023.
Cvs Health (CVS) has 16 years of Deferred Taxes data on file, last reported at -$217.0 million in Q1 2024.
- For the quarter ending Q1 2024, Deferred Taxes fell 240.0% year-over-year to -$217.0 million; the trailing twelve-month figure through Mar 2024 stood at -$1.0 billion (up 38.32% YoY), and the FY2025 full-year result was $102.0 million, up 117.83% from the prior year.
- Deferred Taxes for Q1 2024 stood at -$217.0 million, up from -$316.0 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $243.0 million in Q4 2021 and bottomed at -$2.0 billion in Q3 2022.
- The 5-year median for Deferred Taxes is -$166.0 million (2021), against an average of -$229.1 million.
- The widest annual swing landed in 2020, when Deferred Taxes surged 1800.0%; it then sank 615.27% in 2022.
- A 5-year view of Deferred Taxes shows it stood at -$545.0 million in 2020, then soared by 144.59% to $243.0 million in 2021, then declined by 24.28% to $184.0 million in 2022, then plunged by 271.74% to -$316.0 million in 2023, then surged by 31.33% to -$217.0 million in 2024.
- The last three Deferred Taxes figures came in at -$217.0 million (Q1 2024), -$316.0 million (Q4 2023), and -$447.0 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 540.00 Mn |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | - |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | -274.00 Mn |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | 60.00 Mn |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | - |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | -53.00 Mn |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 30.00 Mn |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | -6.20 Mn |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | - |
| 10 | Progyny | 2.12 Bn | 1.90 Bn | 83.07 Mn | 10,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -217.00 Mn |
| Dec 31, 2023 | -316.00 Mn |
| Sep 30, 2023 | -447.00 Mn |
| Jun 30, 2023 | -68.00 Mn |
| Mar 31, 2023 | 155.00 Mn |
| Dec 31, 2022 | 184.00 Mn |
| Sep 30, 2022 | -1.97 Bn |
| Jun 30, 2022 | -71.00 Mn |
| Mar 31, 2022 | -175.00 Mn |
| Dec 31, 2021 | 243.00 Mn |
| Sep 30, 2021 | -275.00 Mn |
| Jun 30, 2021 | -204.00 Mn |
| Mar 31, 2021 | -166.00 Mn |
| Dec 31, 2020 | -545.00 Mn |
| Sep 30, 2020 | 76.00 Mn |
| Jun 30, 2020 | -66.00 Mn |
| Mar 31, 2020 | -35.00 Mn |
| Dec 31, 2019 | -616.00 Mn |
| Sep 30, 2019 | 4.00 Mn |
| Jun 30, 2019 | -195.00 Mn |
| Mar 31, 2019 | 153.00 Mn |
| Dec 31, 2018 | -123.00 Mn |
| Sep 30, 2018 | -42.00 Mn |
| Jun 30, 2018 | 190.00 Mn |
| Mar 31, 2018 | 62.00 Mn |
| Dec 31, 2017 | -1.61 Bn |
| Sep 30, 2017 | 250.00 Mn |
| Jun 30, 2017 | 7.00 Mn |
| Mar 31, 2017 | 14.00 Mn |
| Dec 31, 2016 | -101.00 Mn |
| Sep 30, 2016 | 44.00 Mn |
| Jun 30, 2016 | 58.00 Mn |
| Mar 31, 2016 | 17.00 Mn |
| Dec 31, 2015 | 436.00 Mn |
| Sep 30, 2015 | -190.00 Mn |
| Jun 30, 2015 | 37.00 Mn |
| Mar 31, 2015 | -31.00 Mn |
| Dec 31, 2014 | 6.00 Mn |
| Sep 30, 2014 | -108.00 Mn |
| Jun 30, 2014 | 28.00 Mn |
| Mar 31, 2014 | 16.00 Mn |
| Dec 31, 2013 | -261.00 Mn |
| Sep 30, 2013 | 47.00 Mn |
| Jun 30, 2013 | 16.00 Mn |
| Mar 31, 2013 | 66.00 Mn |
| Dec 31, 2012 | -287.00 Mn |
| Sep 30, 2012 | 4.00 Mn |
| Jun 30, 2012 | 62.00 Mn |
| Mar 31, 2012 | 21.00 Mn |
| Dec 31, 2011 | -21.00 Mn |
| Sep 30, 2011 | 5.00 Mn |
| Jun 30, 2011 | 59.00 Mn |
| Mar 31, 2011 | 70.00 Mn |
| Dec 31, 2010 | -13.00 Mn |
| Sep 30, 2010 | 63.00 Mn |
| Jun 30, 2010 | -22.00 Mn |
| Mar 31, 2010 | 2.00 Mn |
| Dec 31, 2009 | -21.00 Mn |
| Sep 30, 2009 | 8.00 Mn |
| Jun 30, 2009 | 27.00 Mn |
| Mar 31, 2009 | 34.00 Mn |