CVS Health Corporation CVS

89.13 4.08 4.80% as of 25 Sep
Market cap
$108.5B
P/E
23.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

CVS Health Corporation (CVS) Price to free cash flow

As of 25 September 2026, CVS Health Corporation (CVS) trades at a price to free cash flow of 9.7×. Over the past ten years it has ranged from 4.7× (August 2023) to 50.3× (October 2024); the current reading is higher than 50% of that period. That is below the Healthcare Plans industry median of 11.1× and below the Healthcare sector median of 19.5×.

Price to free cash flow, daily

Annual

Period Price to free cash flow Change
FY2025 12.9× 44.16%
FY2024 8.9× (10.61%)
FY2023 10.0× 10.28%
FY2022 9.1× 4.87%
FY2021 8.6× 29.80%
FY2020 6.7× (28.42%)
FY2019 9.3× (7.15%)
FY2018 10.0× (18.66%)
FY2017 12.3× 13.09%
FY2016 10.9× (38.16%)

Quarterly

Period Price to free cash flow Change
Jun 2026 11.3× (8.99%)
Mar 2026 12.4× (3.99%)
Dec 2025 12.9× (15.28%)
Sep 2025 15.2× (16.79%)
42 more quarters

Against its own ten years

Low 4.7× High 50.3×
Ten-year median 9.7×
Current reading's percentile 50

Price to free cash flow against peers

Company Price to free cash flow
OSCR Oscar Health, Inc. compare 2.0×
CNC Centene Corporation compare 3.4×
CI Cigna Group compare 7.8×
CVS CVS Health Corporation 9.7×
ELV Elevance Health, Inc. compare 13.7×
UNH UnitedHealth Group Incorporated compare 14.4×
HUM Humana Inc. compare 24.2×
CLOV Clover Health Investments, Corp. compare 31.7×
MOH Molina Healthcare, Inc compare 36.0×
Healthcare Plans industry median 11.1×
Healthcare sector median 19.5×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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