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.

Revenue
+5.37%
EPS
+154.1%
Free cash flow
+3,886.7%
Total debt
−7.83%

Quarter to September 2026, against a year earlier

83.85 2.52 +3.10%
Market cap
$104.0B
P/E
9.6×
Fwd P/E
11.8×
Dividend yield
3.19%
F-score
7/9
Altman Z
2.26
Beneish M
−2.64
Dividend safety
43/100

CVS Health Corporation (CVS) Price to free cash flow

Alert me on Price to free cash flow

As of 6 November 2026, CVS Health Corporation (CVS) trades at a price to free cash flow of 6.9×. Over the past ten years it has ranged from 4.7× (August 2023) to 50.3× (October 2024); the current reading is higher than 11% of that period. That is below the Healthcare Plans industry median of 14.8× and below the Healthcare sector median of 20.5×.

Price to free cash flow, daily

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Annual newest first

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 newest first

Period Price to free cash flow Change
Sep 2026 7.1× (37.29%)
Jun 2026 11.3× (8.99%)
Mar 2026 12.4× (3.99%)
Dec 2025 12.9× (15.28%)
43 more quarters

Against its own ten years

Low 4.7× High 50.3×
Ten-year median 9.7×
Current reading's percentile 11

Price to free cash flow against peers

Company Price to free cash flow
OSCR Oscar Health, Inc. compare 2.3×
CVS CVS Health Corporation 6.9×
CNC Centene Corporation compare 8.7×
CI Cigna Group compare 9.3×
ELV Elevance Health, Inc. compare 14.2×
PGNY Progyny, Inc. compare 14.8×
UNH UnitedHealth Group Incorporated compare 15.5×
HUM Humana Inc. compare 16.5×
MOH Molina Healthcare, Inc compare 44.8×
Healthcare Plans industry median 14.8×
Healthcare sector median 20.5×
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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