CVS HEALTH Corp Interest Expense 2008-2024 | CVS
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What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is CVS HEALTH Corp's current interest expense?
CVS HEALTH Corp (CVS) annual interest expense for 2023 was $2.66B, a 16.22% increase from 2022. CVS HEALTH Corp interest expense for the quarter ending March 31, 2024 was $716.0M.
What was CVS HEALTH Corp's interest expense in 2022?
CVS HEALTH Corp annual interest expense for 2022 was $2.29B, a 8.63% decline from 2021.
What was CVS HEALTH Corp's interest expense in 2021?
CVS HEALTH Corp annual interest expense for 2021 was $2.50B, a 13.90% decline from 2020.
What is CVS HEALTH Corp's 5-year interest expense CAGR?
CVS HEALTH Corp interest expense grew at a compound annual growth rate (CAGR) of 0.30% from FY2018 to FY2023, going from $2.62B to $2.66B over 5 years.
Interest Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR+0.3%
FY2018
$2.62B
→
FY2023
$2.66B
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5 years selected
Interest Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2023 | $2.66B | +16.2% | 10-K |
| FY2022 | $2.29B | -8.6% | 10-K |
| FY2021 | $2.50B | -13.9% | 10-K |
| FY2020 | $2.91B | -4.2% | 10-K |
| FY2019 | $3.04B | +15.9% | 10-K |
| FY2018 | $2.62B | +146.6% | 10-K |
| FY2017 | $1.06B | -1.5% | 10-K |
| FY2016 | $1.08B | +25.5% | 10-K |
| FY2015 | $859.0M | +39.7% | 10-K |
| FY2014 | $615.0M | +19.0% | 10-K |
| FY2013 | $517.0M | -7.8% | 10-K |
| FY2012 | $561.0M | -4.6% | 10-K |
| FY2011 | $588.0M | +9.1% | 10-K |
| FY2010 | $539.0M | +1.7% | 10-K |
| FY2009 | $530.0M | +0.0% | 10-K |
| FY2008 | $530.0M | - | 10-K |
Company: CVS HEALTH CorpTicker: CVSSector: HealthcareIndustry: Retail-Drug Stores and Proprietary StoresView company profile →