CVS Health is a health solutions company. Co.'s segments include:Health Care Benefits, which provides voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, and dental and behavioral health plans; Pharmacy Services, which provides pharmacy benefit management solutions, including plan design offerings and administration, formulary management, and retail pharmacy network management services; and Retail/Long-Term Care (LTC), which sells prescription drugs and various health and wellness products and general merchandise, provides health care services through its MinuteClinic® walk-in medical clinics and conducts LTC pharmacy operations. We show 59 historical shares outstanding datapoints in our CVS shares outstanding history coverage, used to compute CVS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CVS market cap history over the course of time is important for investors
interested in comparing CVS's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CVS versus a peer is one thing; comparing
CVS market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CVS can fluctuate over the course of history.
With this page we aim to empower investors researching CVS by allowing them to research the CVS market cap history. |
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Video: The Importance of Market Cap
