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Share Turnover Ratio for CVS Health Corp

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CVS: CVS Health Corp

CVS Health Corporation provides health solutions in the United States. It operates through Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness segments. The Health Care Benefits se...

67.59 USD
Price
USD
Fair Value
Upside
43.56 - 80.75
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on CVS Health Corp's Share Turnover Ratio:

Dec 2016Dec 2018Dec 2020Dec 2022Dec 20240.0%0.5%1.0%1.5%2.0%

Performance Summary
  • CVS Health's latest twelve months share turnover ratio is 1.1%
  • CVS Health's share turnover ratio for fiscal years ending December 2020 to 2024 averaged 0.6%.
  • CVS Health's operated at median share turnover ratio of 0.6% from fiscal years ending December 2020 to 2024.
  • Looking back at the last 5 years, CVS Health's share turnover ratio peaked in December 2024 at 1.1%.
  • CVS Health's share turnover ratio hit its 5-year low in December 2021 of 0.4%.
  • CVS Health's share turnover ratio decreased in 2021 (0.4%, -33.6%) and increased in 2020 (0.6%, +25.3%), 2022 (0.5%, +10.3%), 2023 (0.6%, +23.1%), and 2024 (1.1%, +90.9%).

How does CVS Health Corp's Share Turnover Ratio benchmark against competitors?

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We've identified the following companies as similar to CVS Health Corp because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Share Turnover Ratio

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share_turnover_ratio
Slug
number
Datatype
text
Format
current
Default Period
FY, LTM
Periods Supported
Free
Plan

To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to Share Turnover Ratio in the valuation category include:

  • Daily Low (Trading Days Only) - The lowest trading price reached during a trading day. Only returns data for trading days.
  • Price / FCF Growth Ratio - A heuristic used to measure the level of revenue growth relative to the Price / FCF multiple.
  • Shareholder Yield - A ratio that measures the total amount of money the company is returning back to shareholders in the form of cash dividends, net stock repurchases, and debt paydown.
  • Market Cap / LTM AFFO - Indicates the multiple of adjusted funds from operations (AFFO) that stock investors are willing to pay for one share of the firm.
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Share Turnover Ratio

This item represents three-month average volume divided by the shares outstanding for a company

Definition of Share Turnover Ratio

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This item represents three-month average volume divided by the shares outstanding for a company

Sector Benchmark Analysis

Sector
Industry Group
Industry
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0.0%4.5%9.0%16.7%04008001,200

The chart above depicts the distribution of share turnover ratio for companies operating in the Healthcare sector in the Developed economic region. Over 2,450 companies were considered in this analysis, and 2,410 had meaningful values. The average share turnover ratio of companies in the sector is 0.8% with a standard deviation of 1.8%.

CVS Health Corp's Share Turnover Ratio of 1.1% ranks in the 82.2% percentile for the sector. The following table provides additional summary stats:

Share Turnover Ratio In The Healthcare Sector
Economic Risk RegionDeveloped
Total Constituents2,459
Included Constituents2,410
Min0.0%
Max16.6%
Median0.3%
Mean0.8%
Standard Deviation1.8%

You can find companies with similar share turnover ratio using this stock screener.

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