Tax

Income Tax

CVS Health Income Tax decreased by 19.9% to $508.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 1394.1%, from $34.00M to $508.00M. Over 3 years (FY 2021 to FY 2024), Income Tax shows a downward trend with a -14.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

Changes may reflect shifts in corporate tax law, geographic earnings mix, or the expiration of tax incentives.

Detailed definition

The total amount of income tax a company expects to pay to federal, state, and foreign governments based on its earnings...

Peer comparison

Global companies often have complex tax expenses due to earnings in multiple international jurisdictions.

Metric ID: is_income_tax_expense

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$944.00M$558.00M$274.00M$633.00M$1.07B-$1.05B$809.00M$737.00M$656.00M$754.00M$658.00M$456.00M$569.00M$34.00M$503.00M$835.00M$634.00M$508.00M
QoQ Change-40.9%-50.9%+131.0%+68.7%-198.0%+177.3%-8.9%-11.0%+14.9%-12.7%-30.7%+24.8%-94.0%>999%+66.0%-24.1%-19.9%
YoY Change+13.1%-287.6%+195.3%+16.4%-38.6%+172.0%-18.7%-38.1%-13.3%-95.5%-23.6%+83.1%+11.4%>999%
Range-$1.05B$1.07B
CAGR-13.6%
Avg YoY Growth+97.9%
Median YoY Growth-0.9%
Current Streak2 quarters decline

Frequently Asked Questions

What is CVS Health's income tax?
CVS Health (CVS) reported income tax of $508.00M in Q3 2025.
How has CVS Health's income tax changed year-over-year?
CVS Health's income tax increased by 1394.1% year-over-year, from $34.00M to $508.00M.
What is the long-term trend for CVS Health's income tax?
Over 3 years (2021 to 2024), CVS Health's income tax has grown at a -14.8% compound annual growth rate (CAGR), from $2.52B to $1.56B.
What does income tax mean?
The amount of money a company sets aside to pay its corporate income taxes.