profit from every $100 of sales.

CVS Health
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $64.66 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What CVS Health sold, what it kept, and what it did with the cash.
Sales went from $322 billion in 2022 to $402 billion in 2025, with $1.77 billion of profit last year.
CVS Health handed back 44% of the cash it generated last year.
CVS Health vs. similar companies
CVS Health grows the slowest of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
CVS Health | 64.7× · Very expensive | ||
UnitedHealth | 30.3× · Expensive | ||
Elevance Health | 16.4× · Fair price | ||
The Cigna Group | 13.1× · Cheap | ||
Humana | 45.5× · Expensive |
Compare CVS Health with Guardian Pharmacy Services
AI analysis
An AI analyst reads CVS Health's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 268,706 | 292,111 | 322,467 | 357,776 | 372,809 | 402,067 | |
| – | – | 54,502 | 54,431 | 51,401 | 55,362 | |
| – | – | 16,290 | 14,599 | 9,695 | 10,385 | |
| 17,118 | 17,526 | 12,347 | 18,197 | 13,703 | 9,861 | |
| 7,179 | 8,001 | 4,311 | 8,344 | 4,614 | 1,768 | |
| 5.46 | 6.02 | 3.26 | 6.47 | 3.66 | 1.39 | |
| – | – | 16.9% | 15.2% | 13.8% | 13.8% | |
| – | – | 5.1% | 4.1% | 2.6% | 2.6% | |
| 2.7% | 2.7% | 1.3% | 2.3% | 1.2% | 0.4% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 230,715 | 232,999 | 228,275 | 249,728 | 253,215 | 253,538 |
| Cash | 7,854 | 9,408 | 12,945 | 8,196 | 8,586 | 8,453 |
| Total debt | 85,042 | 75,999 | 70,732 | 79,385 | 82,920 | 79,950 |
| Total liabilities | 161,014 | 157,618 | 156,506 | 173,092 | 177,485 | 178,156 |
| 69,389 | 75,075 | 71,469 | 76,461 | 75,560 | 75,214 | |
| 1,314 | 1,329 | 1,323 | 1,290 | 1,262 | 1,271 | |
| 6.5% | 6.8% | 4.5% | 7.0% | 4.5% | 2.7% | |
| 10.3% | 10.7% | 6.0% | 10.9% | 6.1% | 2.4% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 15,865 | 18,265 | 16,177 | 13,426 | 9,107 | 10,639 | |
| 2,437 | 2,520 | 2,727 | 3,031 | 2,781 | 2,832 | |
| 13,428 | 15,745 | 13,450 | 10,395 | 6,326 | 7,807 | |
| Dividends paid | 2,624 | 2,625 | 2,907 | 3,132 | 3,373 | 3,397 |
| 0 | 0 | 3,500 | 2,012 | 3,023 | 0 | |
| 400 | 484 | 447 | 588 | 540 | 535 |
Valuation
- 64.7×
- 12.5×
- –
- 1.4×
- 0.3×
- 14.6×
- 18.8×
- 6.8%
- 1.5%
- 2.9%
Profitability
- 13.8%
- 2.6%
- 0.4%
- 2.7%
- 2.7%
- 4.8%
- 3.9%
- 1.2%
- 3.6%
- –
Growth
- +8.4%
- −23.9%
- +23.4%
- +5.9%
- −1.3%
Financial health
- 7.3×
- 1.06
- 31.0%
- 1.7×
- 0.84
- 0.66
- 1.61
How it ranks in Healthcare
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $95.20
- Range
- $90.00 – $101.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | 2.57 | 2.18 | +17.9% |
| Feb 10, 2026 | 1.09 | 1.00 | +9.0% |
| Oct 29, 2025 | 1.60 | 1.37 | +16.8% |
| Jul 31, 2025 | 1.81 | 1.46 | +24.0% |
| May 1, 2025 | 2.25 | 1.70 | +32.4% |
| Feb 12, 2025 | 1.19 | 0.91 | +30.2% |
| Nov 6, 2024 | 1.09 | 1.44 | −24.3% |
| Aug 7, 2024 | 1.83 | 1.73 | +5.8% |
Paid per share, each year
$1.40 in 2015 → $2.66 in 2025
How safe it looks
192.1% of its profit
Room to growStretchedMore than it earns: 43.5%
News
GLP-1s can save health system money if priced below $350 a month: analysisSeeking Alpha · Nov 14, 2026How to figure out a key question this open-enrollment season: Are you overpaying for health insurance?MarketWatch · Nov 13, 2026Obamacare Subsidies Lapsed. Here's Why Health Insurer Stocks Are Watching the New Congress.Yahoo Finance · Nov 8, 2026Notable healthcare headlines for the week: Moderna, Pfizer, and CVS Health in focusSeeking Alpha · Nov 8, 2026The Healthcare ETF Showdown: Broad Global Health or Targeted Pharma Power?Yahoo Finance · Nov 7, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about CVS Health
Is CVS Health a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the CVS Health AI analysis
What does CVS Health do?
CVS Health Corporation provides health solutions in the United States. It is in Healthcare Plans, based in Woonsocket, RI, United States, with 219,000 employees.
Does CVS Health pay a dividend?
Yes. At today's price the dividend is 2.9% a year, about 192% of its yearly profit. In 2025 it paid out $3.40 billion in dividends.
Is CVS Health stock halal?
No. CVS Health does not pass our halal screen: its main business, conventional insurance, is not permitted. How we check
How has CVS Health stock done over the past year?
Up 12.8% over the past twelve months, to $89.35. It traded between $70.08 and $110.60 and is 19.2% below its high.
Who are CVS Health's competitors?
The largest listed companies in the same industry are UnitedHealth, Elevance Health, The Cigna Group and Humana. The peers table on this page compares their profit, growth and price with CVS Health's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



