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COVETRUS, INC.

EDGAR

CVET Quarterly report (10-Q) · filed 2022-08-04

22 filing records in this dataset, filed from 2018-12-26 to 2022-08-04. Reported financial figures are available; chart coverage varies by period.

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Watchlist

Latest quarter

Revenue

1.22 billion USD

2022 Q2 · USD

Exact inputs and evidence

Revenue: 1217000000 USD Source

Operating margin

0.33%

2022 Q2 · %

Exact inputs and evidence

Operating Income: 4000000 USD Source
Revenue: 1217000000 USD Source

Operating cash flow

-6 million USD

2022 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: -39000000 USD Source
Operating Cash Flow: -33000000 USD Source

Free cash flow

-21 million USD

2022 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: -39000000 USD Source
Operating Cash Flow: -33000000 USD Source
Capital Expenditure: 26000000 USD Source
Capital Expenditure: 11000000 USD Source

Cash and cash equivalents: 87 million USD 2022-06-30 Source
Exact value

87000000 USD
Long-term debt including current maturities: 1.06 billion USD 2021-12-31 Source
Exact value

1058000000 USD
Shares outstanding: 140 million shares 2022-06-30 Source
Exact value

139839264 shares

Reported share-count change

1.81% · 2.48 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence

137359704 shares · 2021-06-30· Source
139839264 shares · 2022-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

4.65 billion USD

2021-07-01 – 2022-06-30

Exact inputs and evidence

Revenue: 1162000000 USD · 2021-07-01 – 2021-09-30 Source
Revenue: 4575000000 USD · 2021-01-01 – 2021-12-31 Source
Revenue: 3453000000 USD · 2021-01-01 – 2021-09-30 Source
Revenue: 1148000000 USD · 2022-01-01 – 2022-03-31 Source
Revenue: 1217000000 USD · 2022-04-01 – 2022-06-30 Source

Net income

-13 million USD

2021-07-01 – 2022-06-30

Exact inputs and evidence

Net income: -4000000 USD · 2021-07-01 – 2021-09-30 Source
Net income: -54000000 USD · 2021-01-01 – 2021-12-31 Source
Net income: -51000000 USD · 2021-01-01 – 2021-09-30 Source
Net income: -2000000 USD · 2022-01-01 – 2022-03-31 Source
Net income: -4000000 USD · 2022-04-01 – 2022-06-30 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2022-08-04.

Financial data available through: 2021-12-31.

Coverage by financial measure

Revenue: 5 of 11 periods available· newest 2021-12-31
Operating income: 5 of 11 periods available· newest 2021-12-31
Net income: 5 of 11 periods available· newest 2021-12-31
Operating cash flow: 5 of 11 periods available· newest 2021-12-31
Capital expenditure: 5 of 11 periods available· newest 2021-12-31
Total assets: 5 of 11 periods available· newest 2021-12-31
Total liabilities: 4 of 11 periods available· newest 2021-12-31
Current assets: 4 of 11 periods available· newest 2021-12-31
Current liabilities: 4 of 11 periods available· newest 2021-12-31
Cash and cash equivalents: 4 of 11 periods available· newest 2021-12-31
Long-term debt including current maturities: 3 of 11 periods available· newest 2021-12-31
Shares outstanding: 3 of 11 periods available· newest 2021-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+5.4%

Prior period

USD 4.34 billion

2020-01-01 – 2020-12-31
Current period

USD 4.58 billion

2021-01-01 – 2021-12-31

Exact inputs and evidence

4575000000 − 4339000000 = 236000000 USD

4339000000 USD · 2020-01-01 – 2020-12-31
Inspect prior input Prior source
4575000000 USD · 2021-01-01 – 2021-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · COVETRUS, INC. · 2021-12-31 COVETRUS, INC. (edgar:1752836) Year-over-year change in Revenue: 236000000 USD Concept: fundies:Revenue Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 4575000000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1799597 Filing: 000175283622000018 Input fundies:Revenue: 4339000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1831149 Filing: 000175283622000018
The citation records this snapshot. The page link may show a newer release later.
Net income
−USD 35 million

Prior period

−USD 19 million

2020-01-01 – 2020-12-31
Current period

−USD 54 million

2021-01-01 – 2021-12-31

Exact inputs and evidence

-54000000 − -19000000 = -35000000 USD

-19000000 USD · 2020-01-01 – 2020-12-31
Inspect prior input Prior source
-54000000 USD · 2021-01-01 – 2021-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · COVETRUS, INC. · 2021-12-31 COVETRUS, INC. (edgar:1752836) Year-over-year change in Net income: -35000000 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -54000000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#2678887 Filing: 000175283622000018 Input fundies:NetIncome: -19000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#2680030 Filing: 000175283622000018
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+92.5%

Prior period

USD 53 million

2020-01-01 – 2020-12-31
Current period

USD 102 million

2021-01-01 – 2021-12-31

Exact inputs and evidence

102000000 − 53000000 = 49000000 USD

53000000 USD · 2020-01-01 – 2020-12-31
Inspect prior input Prior source
102000000 USD · 2021-01-01 – 2021-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · COVETRUS, INC. · 2021-12-31 COVETRUS, INC. (edgar:1752836) Year-over-year change in Operating cash flow: 49000000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 102000000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1339638 Filing: 000175283622000018 Input fundies:OperatingCashFlow: 53000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1340721 Filing: 000175283622000018
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
+3.4%

Prior period

USD 58 million

2020-01-01 – 2020-12-31
Current period

USD 60 million

2021-01-01 – 2021-12-31

Exact inputs and evidence

60000000 − 58000000 = 2000000 USD

58000000 USD · 2020-01-01 – 2020-12-31
Inspect prior input Prior source
60000000 USD · 2021-01-01 – 2021-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · COVETRUS, INC. · 2021-12-31 COVETRUS, INC. (edgar:1752836) Year-over-year change in Capital expenditure: 2000000 USD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 60000000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1644785 Filing: 000175283622000018 Input fundies:CapitalExpenditure: 58000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1646133 Filing: 000175283622000018
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2021 2021-01-01 – 2021-12-31

Revenue USD 4.58 billion 100% of revenue
Operating costs Derived USD 4.6 billion 101% of revenue
Operating income −USD 23 million −0.5% of revenue
Tax, interest and other Derived USD 31 million 0.7% of revenue
Net income −USD 54 million −1.2% of revenue

Cash

Operating cash flow USD 102 million 2.2% of revenue
Capital expenditure USD 60 million 1.3% of revenue
Free cash flow Derived USD 42 million 0.9% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2017 96%
2018 96%
2019 Operating loss: operating costs were 125% of revenue.
2020 Operating loss: operating costs were 102% of revenue.
2021 Operating loss: operating costs were 101% of revenue.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2017 2017-01-01 – 2017-12-30	3580000000	3445000000 Derived	135000000	71000000 Derived	64000000	87000000 Derived	Source 2017-01-01 – 2017-12-30: 3580000000 USD Inspect Revenue Open source 2017-01-01 – 2017-12-30: 135000000 USD Inspect Operating Income Open source 2017-01-01 – 2017-12-30: 64000000 USD Inspect Net Income Open source 2017-01-01 – 2017-12-30: 108000000 USD Inspect Operating Cash Flow Open source 2017-01-01 – 2017-12-30: 21000000 USD Inspect Capital Expenditure Open source
2018 2017-12-31 – 2018-12-29	3778000000	3641000000 Derived	137000000	36000000 Derived	101000000	136000000 Derived	Source 2017-12-31 – 2018-12-29: 3778000000 USD Inspect Revenue Open source 2017-12-31 – 2018-12-29: 137000000 USD Inspect Operating Income Open source 2017-12-31 – 2018-12-29: 101000000 USD Inspect Net Income Open source 2017-12-31 – 2018-12-29: 158000000 USD Inspect Operating Cash Flow Open source 2017-12-31 – 2018-12-29: 22000000 USD Inspect Capital Expenditure Open source
2019 2018-12-30 – 2019-12-31	3976000000	4973000000 Derived	-997000000	-17000000 Derived	-980000000	64000000 Derived	Source 2018-12-30 – 2019-12-31: 3976000000 USD Inspect Revenue Open source 2018-12-30 – 2019-12-31: -997000000 USD Inspect Operating Income Open source 2018-12-30 – 2019-12-31: -980000000 USD Inspect Net Income Open source 2018-12-30 – 2019-12-31: 103000000 USD Inspect Operating Cash Flow Open source 2018-12-30 – 2019-12-31: 39000000 USD Inspect Capital Expenditure Open source
2020 2020-01-01 – 2020-12-31	4339000000	4408000000 Derived	-69000000	-50000000 Derived	-19000000	-5000000 Derived	Source 2020-01-01 – 2020-12-31: 4339000000 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: -69000000 USD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: -19000000 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: 53000000 USD Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 58000000 USD Inspect Capital Expenditure Open source
2021 2021-01-01 – 2021-12-31	4575000000	4598000000 Derived	-23000000	31000000 Derived	-54000000	42000000 Derived	Source 2021-01-01 – 2021-12-31: 4575000000 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: -23000000 USD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: -54000000 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: 102000000 USD Inspect Operating Cash Flow Open source 2021-01-01 – 2021-12-31: 60000000 USD Inspect Capital Expenditure Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 4.6B 2021

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20172017-12-30	Revenue	3580000000	Revenue: 3580000000 Open source
20182018-12-29	Revenue	3778000000	Revenue: 3778000000 Open source
20192019-12-31	Revenue	3976000000	Revenue: 3976000000 Open source
20202020-12-31	Revenue	4339000000	Revenue: 4339000000 Open source
20212021-12-31	Revenue	4575000000	Revenue: 4575000000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

5.4% 2021

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20172017-12-30	Year over year	No prior comparable period	Revenue: 3580000000 Open source
20182018-12-29	Year over year	5.5%	Revenue: 3778000000 Open source Revenue: 3580000000 Open source
20192019-12-31	Year over year	5.2%	Revenue: 3976000000 Open source Revenue: 3778000000 Open source
20202020-12-31	Year over year	9.1%	Revenue: 4339000000 Open source Revenue: 3976000000 Open source
20212021-12-31	Year over year	5.4%	Revenue: 4575000000 Open source Revenue: 4339000000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -0.5% 2021

Net margin -1.2% 2021

Free cash flow margin 0.9% 2021

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20172017-12-30	Operating margin	3.8%	Operating Income: 135000000 Open source Revenue: 3580000000 Open source
20182018-12-29	Operating margin	3.6%	Operating Income: 137000000 Open source Revenue: 3778000000 Open source
20192019-12-31	Operating margin	-25.1%	Operating Income: -997000000 Open source Revenue: 3976000000 Open source
20202020-12-31	Operating margin	-1.6%	Operating Income: -69000000 Open source Revenue: 4339000000 Open source
20212021-12-31	Operating margin	-0.5%	Operating Income: -23000000 Open source Revenue: 4575000000 Open source
20172017-12-30	Net margin	1.8%	Net Income: 64000000 Open source Revenue: 3580000000 Open source
20182018-12-29	Net margin	2.7%	Net Income: 101000000 Open source Revenue: 3778000000 Open source
20192019-12-31	Net margin	-24.6%	Net Income: -980000000 Open source Revenue: 3976000000 Open source
20202020-12-31	Net margin	-0.4%	Net Income: -19000000 Open source Revenue: 4339000000 Open source
20212021-12-31	Net margin	-1.2%	Net Income: -54000000 Open source Revenue: 4575000000 Open source
20172017-12-30	Free cash flow margin	2.4%	Revenue: 3580000000 Open source Operating Cash Flow: 108000000 Open source Capital Expenditure: 21000000 Open source
20182018-12-29	Free cash flow margin	3.6%	Revenue: 3778000000 Open source Operating Cash Flow: 158000000 Open source Capital Expenditure: 22000000 Open source
20192019-12-31	Free cash flow margin	1.6%	Revenue: 3976000000 Open source Operating Cash Flow: 103000000 Open source Capital Expenditure: 39000000 Open source
20202020-12-31	Free cash flow margin	-0.1%	Revenue: 4339000000 Open source Operating Cash Flow: 53000000 Open source Capital Expenditure: 58000000 Open source
20212021-12-31	Free cash flow margin	0.9%	Revenue: 4575000000 Open source Operating Cash Flow: 102000000 Open source Capital Expenditure: 60000000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD 102M 2021

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20172017-12-30	Operating cash flow	108000000	Operating Cash Flow: 108000000 Open source
20182018-12-29	Operating cash flow	158000000	Operating Cash Flow: 158000000 Open source
20192019-12-31	Operating cash flow	103000000	Operating Cash Flow: 103000000 Open source
20202020-12-31	Operating cash flow	53000000	Operating Cash Flow: 53000000 Open source
20212021-12-31	Operating cash flow	102000000	Operating Cash Flow: 102000000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 42M 2021

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20172017-12-30	Free cash flow	87000000	Operating Cash Flow: 108000000 Open source Capital Expenditure: 21000000 Open source
20182018-12-29	Free cash flow	136000000	Operating Cash Flow: 158000000 Open source Capital Expenditure: 22000000 Open source
20192019-12-31	Free cash flow	64000000	Operating Cash Flow: 103000000 Open source Capital Expenditure: 39000000 Open source
20202020-12-31	Free cash flow	-5000000	Operating Cash Flow: 53000000 Open source Capital Expenditure: 58000000 Open source
20212021-12-31	Free cash flow	42000000	Operating Cash Flow: 102000000 Open source Capital Expenditure: 60000000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

55% 2021

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2017-12-30	Liabilities / assets	Not reported	Total Assets: 2217000000 Open source
20182018-12-29	Liabilities / assets	29.5%	Total Liabilities: 647000000 Open source Total Assets: 2192000000 Open source
20192019-12-31	Liabilities / assets	62.4%	Total Liabilities: 2096000000 Open source Total Assets: 3359000000 Open source
20202020-12-31	Liabilities / assets	55%	Total Liabilities: 1923000000 Open source Total Assets: 3496000000 Open source
20212021-12-31	Liabilities / assets	55%	Total Liabilities: 1876000000 Open source Total Assets: 3410000000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

1.94× 2021

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
2017-12-30	Current assets / current liabilities	Not reported	No source recorded
20182018-12-29	Current assets / current liabilities	1.9×	Current Assets: 1086000000 Open source Current Liabilities: 572000000 Open source
20192019-12-31	Current assets / current liabilities	1.62×	Current Assets: 1340000000 Open source Current Liabilities: 829000000 Open source
20202020-12-31	Current assets / current liabilities	2.05×	Current Assets: 1420000000 Open source Current Liabilities: 691000000 Open source
20212021-12-31	Current assets / current liabilities	1.94×	Current Assets: 1351000000 Open source Current Liabilities: 698000000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2017 2017-01-01 – 2017-12-30	USD 64 million Exact value Exact value: 64000000 USD 2017-01-01 – 2017-12-30: 64000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · COVETRUS, INC. · 2017-12-30 COVETRUS, INC. (edgar:1752836) Net Income: 64000000 USD Concept: fundies:NetIncome Period: 2017-01-01 to 2017-12-30 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836/explain?concept=fundies%3ANetIncome&period=2017-12-30&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:NetIncome: 64000000 USD (2017-01-01 to 2017-12-30) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283620000060/cvet-20191231.xml#383005 Filing: 000175283620000060 The citation records this snapshot. The page link may show a newer release later.	USD 108 million Exact value Exact value: 108000000 USD 2017-01-01 – 2017-12-30: 108000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · COVETRUS, INC. · 2017-12-30 COVETRUS, INC. (edgar:1752836) Operating Cash Flow: 108000000 USD Concept: fundies:OperatingCashFlow Period: 2017-01-01 to 2017-12-30 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836/explain?concept=fundies%3AOperatingCashFlow&period=2017-12-30&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 108000000 USD (2017-01-01 to 2017-12-30) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283620000060/cvet-20191231.xml#382369 Filing: 000175283620000060 The citation records this snapshot. The page link may show a newer release later.	USD 21 million Exact value Exact value: 21000000 USD 2017-01-01 – 2017-12-30: 21000000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · COVETRUS, INC. · 2017-12-30 COVETRUS, INC. (edgar:1752836) Capital Expenditure: 21000000 USD Concept: fundies:CapitalExpenditure Period: 2017-01-01 to 2017-12-30 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836/explain?concept=fundies%3ACapitalExpenditure&period=2017-12-30&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 21000000 USD (2017-01-01 to 2017-12-30) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283620000060/cvet-20191231.xml#409103 Filing: 000175283620000060 The citation records this snapshot. The page link may show a newer release later.	USD 87 million Calculation and evidence 108000000 − 21000000 USD Exact free cash flow: 87000000 USD 2017-01-01 – 2017-12-30: 108000000 USD · Inspect Operating Cash Flow · Source 2017-01-01 – 2017-12-30: 21000000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · COVETRUS, INC. · 2017-12-30 COVETRUS, INC. (edgar:1752836) Free cash flow: 87000000 USD Concept: free-cash-flow Period: 2017-01-01 to 2017-12-30 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 108000000 USD (2017-01-01 to 2017-12-30) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283620000060/cvet-20191231.xml#382369 Filing: 000175283620000060 Input fundies:CapitalExpenditure: 21000000 USD (2017-01-01 to 2017-12-30) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283620000060/cvet-20191231.xml#409103 Filing: 000175283620000060 The citation records this snapshot. The page link may show a newer release later.
2018 2017-12-31 – 2018-12-29	USD 101 million Exact value Exact value: 101000000 USD 2017-12-31 – 2018-12-29: 101000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · COVETRUS, INC. · 2018-12-29 COVETRUS, INC. (edgar:1752836) Net Income: 101000000 USD Concept: fundies:NetIncome Period: 2017-12-31 to 2018-12-29 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836/explain?concept=fundies%3ANetIncome&period=2018-12-29&surface=latest&period_type=duration&start=2017-12-31&unit=USD&dimensions= Input fundies:NetIncome: 101000000 USD (2017-12-31 to 2018-12-29) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283621000041/cvet-20201231.htm#3028637 Filing: 000175283621000041 The citation records this snapshot. The page link may show a newer release later.	USD 158 million Exact value Exact value: 158000000 USD 2017-12-31 – 2018-12-29: 158000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · COVETRUS, INC. · 2018-12-29 COVETRUS, INC. (edgar:1752836) Operating Cash Flow: 158000000 USD Concept: fundies:OperatingCashFlow Period: 2017-12-31 to 2018-12-29 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-29&surface=latest&period_type=duration&start=2017-12-31&unit=USD&dimensions= Input fundies:OperatingCashFlow: 158000000 USD (2017-12-31 to 2018-12-29) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283621000041/cvet-20201231.htm#1411864 Filing: 000175283621000041 The citation records this snapshot. The page link may show a newer release later.	USD 22 million Exact value Exact value: 22000000 USD 2017-12-31 – 2018-12-29: 22000000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · COVETRUS, INC. · 2018-12-29 COVETRUS, INC. (edgar:1752836) Capital Expenditure: 22000000 USD Concept: fundies:CapitalExpenditure Period: 2017-12-31 to 2018-12-29 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836/explain?concept=fundies%3ACapitalExpenditure&period=2018-12-29&surface=latest&period_type=duration&start=2017-12-31&unit=USD&dimensions= Input fundies:CapitalExpenditure: 22000000 USD (2017-12-31 to 2018-12-29) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283621000041/cvet-20201231.htm#3025887 Filing: 000175283621000041 The citation records this snapshot. The page link may show a newer release later.	USD 136 million Calculation and evidence 158000000 − 22000000 USD Exact free cash flow: 136000000 USD 2017-12-31 – 2018-12-29: 158000000 USD · Inspect Operating Cash Flow · Source 2017-12-31 – 2018-12-29: 22000000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · COVETRUS, INC. · 2018-12-29 COVETRUS, INC. (edgar:1752836) Free cash flow: 136000000 USD Concept: free-cash-flow Period: 2017-12-31 to 2018-12-29 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 158000000 USD (2017-12-31 to 2018-12-29) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283621000041/cvet-20201231.htm#1411864 Filing: 000175283621000041 Input fundies:CapitalExpenditure: 22000000 USD (2017-12-31 to 2018-12-29) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283621000041/cvet-20201231.htm#3025887 Filing: 000175283621000041 The citation records this snapshot. The page link may show a newer release later.
2019 2018-12-30 – 2019-12-31	−USD 980 million Exact value Exact value: -980000000 USD 2018-12-30 – 2019-12-31: -980000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · COVETRUS, INC. · 2019-12-31 COVETRUS, INC. (edgar:1752836) Net Income: -980000000 USD Concept: fundies:NetIncome Period: 2018-12-30 to 2019-12-31 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2018-12-30&unit=USD&dimensions= Input fundies:NetIncome: -980000000 USD (2018-12-30 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#2681173 Filing: 000175283622000018 The citation records this snapshot. The page link may show a newer release later.	USD 103 million Exact value Exact value: 103000000 USD 2018-12-30 – 2019-12-31: 103000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · COVETRUS, INC. · 2019-12-31 COVETRUS, INC. (edgar:1752836) Operating Cash Flow: 103000000 USD Concept: fundies:OperatingCashFlow Period: 2018-12-30 to 2019-12-31 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2018-12-30&unit=USD&dimensions= Input fundies:OperatingCashFlow: 103000000 USD (2018-12-30 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1341803 Filing: 000175283622000018 The citation records this snapshot. The page link may show a newer release later.	USD 39 million Exact value Exact value: 39000000 USD 2018-12-30 – 2019-12-31: 39000000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · COVETRUS, INC. · 2019-12-31 COVETRUS, INC. (edgar:1752836) Capital Expenditure: 39000000 USD Concept: fundies:CapitalExpenditure Period: 2018-12-30 to 2019-12-31 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836/explain?concept=fundies%3ACapitalExpenditure&period=2019-12-31&surface=latest&period_type=duration&start=2018-12-30&unit=USD&dimensions= Input fundies:CapitalExpenditure: 39000000 USD (2018-12-30 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1647481 Filing: 000175283622000018 The citation records this snapshot. The page link may show a newer release later.	USD 64 million Calculation and evidence 103000000 − 39000000 USD Exact free cash flow: 64000000 USD 2018-12-30 – 2019-12-31: 103000000 USD · Inspect Operating Cash Flow · Source 2018-12-30 – 2019-12-31: 39000000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · COVETRUS, INC. · 2019-12-31 COVETRUS, INC. (edgar:1752836) Free cash flow: 64000000 USD Concept: free-cash-flow Period: 2018-12-30 to 2019-12-31 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 103000000 USD (2018-12-30 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1341803 Filing: 000175283622000018 Input fundies:CapitalExpenditure: 39000000 USD (2018-12-30 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1647481 Filing: 000175283622000018 The citation records this snapshot. The page link may show a newer release later.
2020 2020-01-01 – 2020-12-31	−USD 19 million Exact value Exact value: -19000000 USD 2020-01-01 – 2020-12-31: -19000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · COVETRUS, INC. · 2020-12-31 COVETRUS, INC. (edgar:1752836) Net Income: -19000000 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: -19000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#2680030 Filing: 000175283622000018 The citation records this snapshot. The page link may show a newer release later.	USD 53 million Exact value Exact value: 53000000 USD 2020-01-01 – 2020-12-31: 53000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · COVETRUS, INC. · 2020-12-31 COVETRUS, INC. (edgar:1752836) Operating Cash Flow: 53000000 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 53000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1340721 Filing: 000175283622000018 The citation records this snapshot. The page link may show a newer release later.	USD 58 million Exact value Exact value: 58000000 USD 2020-01-01 – 2020-12-31: 58000000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · COVETRUS, INC. · 2020-12-31 COVETRUS, INC. (edgar:1752836) Capital Expenditure: 58000000 USD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 58000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1646133 Filing: 000175283622000018 The citation records this snapshot. The page link may show a newer release later.	−USD 5 million Calculation and evidence 53000000 − 58000000 USD Exact free cash flow: -5000000 USD 2020-01-01 – 2020-12-31: 53000000 USD · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 58000000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · COVETRUS, INC. · 2020-12-31 COVETRUS, INC. (edgar:1752836) Free cash flow: -5000000 USD Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 53000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1340721 Filing: 000175283622000018 Input fundies:CapitalExpenditure: 58000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1646133 Filing: 000175283622000018 The citation records this snapshot. The page link may show a newer release later.
2021 2021-01-01 – 2021-12-31	−USD 54 million Exact value Exact value: -54000000 USD 2021-01-01 – 2021-12-31: -54000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · COVETRUS, INC. · 2021-12-31 COVETRUS, INC. (edgar:1752836) Net Income: -54000000 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: -54000000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#2678887 Filing: 000175283622000018 The citation records this snapshot. The page link may show a newer release later.	USD 102 million Exact value Exact value: 102000000 USD 2021-01-01 – 2021-12-31: 102000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · COVETRUS, INC. · 2021-12-31 COVETRUS, INC. (edgar:1752836) Operating Cash Flow: 102000000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 102000000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1339638 Filing: 000175283622000018 The citation records this snapshot. The page link may show a newer release later.	USD 60 million Exact value Exact value: 60000000 USD 2021-01-01 – 2021-12-31: 60000000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · COVETRUS, INC. · 2021-12-31 COVETRUS, INC. (edgar:1752836) Capital Expenditure: 60000000 USD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836/explain?concept=fundies%3ACapitalExpenditure&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 60000000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1644785 Filing: 000175283622000018 The citation records this snapshot. The page link may show a newer release later.	USD 42 million Calculation and evidence 102000000 − 60000000 USD Exact free cash flow: 42000000 USD 2021-01-01 – 2021-12-31: 102000000 USD · Inspect Operating Cash Flow · Source 2021-01-01 – 2021-12-31: 60000000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · COVETRUS, INC. · 2021-12-31 COVETRUS, INC. (edgar:1752836) Free cash flow: 42000000 USD Concept: free-cash-flow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T12:24:02Z Snapshot: 1c81be68235ea596f12022c6c06f574268a7bfaf26168d5852e9804015f1684a Dimensions: Consolidated View: https://fundies.io/companies/edgar/1752836?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 102000000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1339638 Filing: 000175283622000018 Input fundies:CapitalExpenditure: 60000000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1752836/000175283622000018/cvet-20211231.htm#1644785 Filing: 000175283622000018 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

22 filings · 3,583 latest values · 3,583 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001752836, 1752836, CVET, edgar:1752836

Also known as COVETRUS, INC., COVETRUS, INC., HS Spinco, Inc.

COVETRUS, INC.

Latest quarter

Revenue

Operating margin

Operating cash flow

Free cash flow

Reported share-count change

Trailing twelve months

Revenue

Net income

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2021 2021-01-01 – 2021-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation