How Large Is Cost of Goods Sold Expense For CVS Health?

CVS Health (NYSE: CVS) spent $146 billion in cost of goods sold expenses in 2016, and the figure increased to $156 billion in 2018, driven by growth in revenues. As a percentage of revenue, COGS declined from 83% in 2016 to 80% in 2018. It is expected to decline to 61% in 2019, reflecting...