CVS Health Corporation CVS
- Market cap
- $108.5B
- P/E
- 23.3×
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CVS Health Corporation (CVS) Return on invested capital
CVS Health Corporation's return on invested capital over the twelve months to 30 June 2026 was 4.07%, up 1.8 percentage points from fiscal 2025 (2.25%). Over the past ten years it has ranged from 2.00% (fiscal 2018) to 10.7% (fiscal 2016); the current reading is higher than 18% of that period. That is above the Healthcare Plans industry median of 2.04% and above the Healthcare sector median of 0.00%.
Return on invested capital, annual
Annual
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 2.25% | (1.81) |
| FY2024 | 4.06% | (2.71) |
| FY2023 | 6.77% | 2.18 |
| FY2022 | 4.59% | (2.40) |
| FY2021 | 6.99% | (0.05) |
| FY2020 | 7.04% | 1.03 |
| FY2019 | 6.01% | 4.01 |
| FY2018 | 2.00% | (7.48) |
| FY2017 | 9.48% | (1.18) |
| FY2016 | 10.7% | 1.13 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| HUM Humana Inc. compare | 17.5% |
| ELV Elevance Health, Inc. compare | 11.8% |
| UNH UnitedHealth Group Incorporated compare | 9.50% |
| CI Cigna Group compare | 9.09% |
| CVS CVS Health Corporation | 4.07% |
| OSCR Oscar Health, Inc. compare | 0.00% |
| MOH Molina Healthcare, Inc compare | 0.00% |
| CLOV Clover Health Investments, Corp. compare | −8.62% |
| CNC Centene Corporation compare | −30.2% |
| Healthcare Plans industry median | 2.04% |
| Healthcare sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on CVS
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- 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
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement