EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, CVS Health's Enterprise Value is $155,395 Mil.
CVS Health's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $13,831 Mil. Therefore, CVS Health's EV-to-EBIT for today is 11.24.
The historical rank and industry rank for CVS Health's EV-to-EBIT or its related term are showing as below:
CVS'
s EV-to-EBIT Range Over the Past 10 Years
Min: 9.15 Med: 14.03 Max: 36.07
Current: 11.24
During the past 13 years, the highest EV-to-EBIT of CVS Health was 36.07. The lowest was 9.15. And the median was 14.03.
CVS's EV-to-EBIT is ranked worse than 57.14% of 14
companies
in the Healthcare Plans industry
Industry Median: 10.145
vs CVS: 11.24
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. CVS Health's Enterprise Value for the quarter that ended in Dec. 2023 was $169,805 Mil.
CVS Health's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $13,831 Mil. CVS Health's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.15%.
CVS Health EV-to-EBIT Historical Data
The historical data trend for CVS Health's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
CVS Health Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
EV-to-EBIT
14.79
12.93
15.35
21.72
12.28
CVS Health Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
EV-to-EBIT
21.72
19.24
23.54
10.89
12.28
Competitive Comparison
For the Healthcare Plans subindustry, CVS Health's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CVS Health EV-to-EBIT Distribution
For the Healthcare Plans industry and Healthcare sector, CVS Health's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where CVS Health's EV-to-EBIT falls into.
CVS Health EV-to-EBIT Calculation
CVS Health's EV-to-EBIT for today is calculated as:
CVS Health's current Enterprise Value is $155,395 Mil.
CVS Health's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $13,831 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CVS Health (NYSE:CVS) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
CVS Health's Enterprise Value for the quarter that ended in Dec. 2023 was $169,805 Mil.
CVS Health's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $13,831 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CVS Health EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of CVS Health's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the U.S. CVS is also the largest pharmacy benefit manager (acquired through Caremark), processing over 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 26 million medical members. The company's recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all its existing business lines.
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