stockrowCVS 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.
- Revenue
- +5.37%
- EPS
- +154.1%
- Free cash flow
- +3,886.7%
- Total debt
- −7.83%
Quarter to September 2026, against a year earlier
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CVS Health Corporation (CVS) Gross margin
CVS Health Corporation's gross margin over the twelve months to 30 September 2026 was 44.2%, down 0.8 percentage points from fiscal 2025 (45.0%). Over the past ten years it has ranged from 17.0% (fiscal 2017) to 45.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Healthcare Plans industry median of 19.4% and below the Healthcare sector median of 54.5%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 45.0% | 0.32 |
| FY2024 | 44.7% | 5.35 |
| FY2023 | 39.3% | 0.38 |
| FY2022 | 38.9% | (0.88) |
| FY2021 | 39.8% | 0.85 |
| FY2020 | 39.0% | 0.78 |
| FY2019 | 38.2% | 18.59 |
| FY2018 | 19.6% | 2.64 |
| FY2017 | 17.0% | (0.51) |
| FY2016 | 17.5% | 0.16 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 43.6% | (0.96) |
| Jun 2026 | 44.5% | (0.27) |
| Mar 2026 | 44.8% | 0.67 |
| Dec 2025 | 44.1% | (0.43) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| CI Cigna Group compare | 88.4% |
| CVS CVS Health Corporation | 44.2% |
| PGNY Progyny, Inc. compare | 24.9% |
| OSCR Oscar Health, Inc. compare | 20.6% |
| UNH UnitedHealth Group Incorporated compare | 19.8% |
| ELV Elevance Health, Inc. compare | 15.5% |
| HUM Humana Inc. compare | 13.0% |
| MOH Molina Healthcare, Inc compare | 12.6% |
| CNC Centene Corporation compare | 7.78% |
| Healthcare Plans industry median | 19.4% |
| Healthcare sector median | 54.5% |
| Market median | 46.0% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement