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Saturday 17 October 2026 Export CVS’s income statement to Excel — free account

CVS Health Corporation

CVS Healthcare Healthcare Plans

CVS Health Corporation’s revenue for fiscal 2025 (year ended December 2025) was $402.1 billion, up 7.85% from fiscal 2024. In the quarter to June 2026, revenue grew 7.26%, EPS grew 187.7%, free cash flow grew 338.3% and total debt fell 7.64%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten.

92.36 0.22 −0.24%
Market cap
$118.4B
P/E
24.1×
Fwd P/E
15.4×
Dividend yield
3.60%
F-score
7/9
Altman Z
2.26
Beneish M
−2.64
Dividend safety
43/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

CVS Health Corporation (CVS) Debt to equity

Alert me on Debt to equity

CVS Health Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.8×, down 0.1× from fiscal 2025 (0.9×). Over the past ten years it has ranged from 0.7× (fiscal 2017) to 1.3× (fiscal 2018); the current reading is higher than 64% of that period. That is above the Healthcare Plans industry median of 0.7× and above the Healthcare sector median of 0.0×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.9× (2.11%)
FY2024 0.9× 8.86%
FY2023 0.8× 10.41%
FY2022 0.7× (2.29%)
FY2021 0.7× (19.65%)
FY2020 0.9× (13.09%)
FY2019 1.1× (14.92%)
FY2018 1.3× 75.11%
FY2017 0.7× (4.16%)
FY2016 0.7× 1.25%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.8× (5.45%)
Mar 2026 0.8× (5.10%)
Dec 2025 0.9× (4.88%)
Sep 2025 0.9× 5.03%
42 more quarters

Against its own ten years

Low 0.7× High 1.3×
Ten-year median 0.8×
Current reading's percentile 64

Debt to equity against peers

Company Debt to equity
CLOV Clover Health Investments, Corp. compare 0.0×
OSCR Oscar Health, Inc. compare 0.2×
UNH UnitedHealth Group Incorporated compare 0.7×
ELV Elevance Health, Inc. compare 0.7×
CNC Centene Corporation compare 0.7×
HUM Humana Inc. compare 0.7×
CI Cigna Group compare 0.7×
CVS CVS Health Corporation 0.8×
MOH Molina Healthcare, Inc compare 0.9×
Healthcare Plans industry median 0.7×
Healthcare sector median 0.0×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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