Income Before Tax

Pre-Tax Income

CVS Health Pre-Tax Income increased by 138.9% to $1.35B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 36.3%, from $2.13B to $1.35B. Over 4 years (FY 2021 to FY 2025), Pre-Tax Income shows a downward trend with a -32.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

This provides a view of profitability that is not skewed by varying tax rates or one-time tax credits.

Detailed definition

A company's profits before the deduction of corporate income tax. It combines operating performance with non-operating f...

Peer comparison

Used to compare companies across different tax jurisdictions to see who generates more raw profit.

Metric ID: is_income_before_tax

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$3.74B$2.15B$1.57B$2.95B$4.03B-$4.46B$3.11B$2.88B$2.57B$3.02B$2.71B$1.58B$2.34B$105.00M$2.13B$2.62B$1.65B-$3.48B$1.35B
QoQ Change-42.6%-26.8%+87.6%+36.8%-210.6%+169.8%-7.4%-10.7%+17.5%-10.4%-41.6%+47.9%-95.5%>999%+23.1%-37.1%-311.4%+138.9%
YoY Change+7.9%-307.7%+98.0%-2.3%-36.2%+167.8%-13.0%-45.1%-9.1%-96.5%-21.4%+65.6%-29.5%<-999%-36.3%
Range-$4.46B$4.03B
CAGR-20.2%
Avg YoY Growth-244.9%
Median YoY Growth-21.4%

Frequently Asked Questions

What is CVS Health's pre-tax income?
CVS Health (CVS) reported pre-tax income of $1.35B in Q4 2025.
How has CVS Health's pre-tax income changed year-over-year?
CVS Health's pre-tax income decreased by 36.3% year-over-year, from $2.13B to $1.35B.
What is the long-term trend for CVS Health's pre-tax income?
Over 4 years (2021 to 2025), CVS Health's pre-tax income has grown at a -32.7% compound annual growth rate (CAGR), from $10.42B to $2.14B.
What does pre-tax income mean?
The total profit a company made before paying its income taxes.