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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) Net margin

Alert me on Net margin

CVS Health Corporation's net margin over the twelve months to 30 June 2026 was 1.18%, up 0.7 percentage points from fiscal 2025 (0.44%). Over the past ten years it has ranged from −0.31% (fiscal 2018) to 3.58% (fiscal 2017); the current reading is higher than 18% of that period. That is above the Healthcare Plans industry median of 1.04% and above the Healthcare sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 0.44% (0.80)
FY2024 1.24% (1.09)
FY2023 2.33% 0.99
FY2022 1.34% (1.40)
FY2021 2.74% 0.07
FY2020 2.67% 0.09
FY2019 2.58% 2.89
FY2018 −0.31% (3.89)
FY2017 3.58% 0.59
FY2016 2.99% (0.43)

Quarterly newest first

Period Net margin Change (points)
Jun 2026 2.81% (0.12)
Mar 2026 2.93% 0.15
Dec 2025 2.78% 6.64
Sep 2025 −3.86% (4.89)
42 more quarters

Against its own ten years

Low −0.31% High 3.58%
Ten-year median 2.58%
Current reading's percentile 21

Net margin against peers

Company Net margin
OSCR Oscar Health, Inc. compare 3.60%
UNH UnitedHealth Group Incorporated compare 3.53%
ELV Elevance Health, Inc. compare 2.47%
CI Cigna Group compare 2.27%
CVS CVS Health Corporation 1.18%
HUM Humana Inc. compare 0.88%
MOH Molina Healthcare, Inc compare −0.02%
CLOV Clover Health Investments, Corp. compare −0.74%
CNC Centene Corporation compare −2.51%
Healthcare Plans industry median 1.04%
Healthcare sector median 0.00%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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