Discontinued — last reported Q3 '23
Business Segments · Operating Expenses
Pharmacy Services — Operating Expenses
CVS Health Pharmacy Services — Operating Expenses decreased by 7.1% to $9.17B in Q2 2022 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ3 2023
Rolls up toTotal Operating Expenses
How to read this metric
An increase may signal investment in growth or technology, but sustained growth above revenue levels suggests declining operational efficiency.
Detailed definition
This encompasses the administrative, selling, and general overhead costs required to operate the pharmacy services busin...
Peer comparison
Comparable to Selling, General, and Administrative (SG&A) expenses across the healthcare services and PBM industry.
Metric ID:
cvs_segment_pharmacy_services_operating_expensesHistorical Data
3 periods
| Q2 '21 | Q1 '22 | Q2 '22 | |
|---|---|---|---|
| Value | $8.87B | $9.88B | $9.17B |
| QoQ Change | — | +11.4% | -7.1% |
| YoY Change | — | — | +3.4% |
Range$8.87B – $9.88B
Avg YoY Growth+3.4%
Median YoY Growth+3.4%
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Frequently Asked Questions
- What is CVS Health's pharmacy services — operating expenses?
- CVS Health (CVS) reported pharmacy services — operating expenses of $9.17B in Q2 2022.
- What does pharmacy services — operating expenses mean?
- The overhead and administrative costs required to run the pharmacy services business.