Cvs Health (CVS) Capital Expenditures (2009 - 2026)
Cvs Health (CVS) reported Capital Expenditures of $691 million for Q2 2026, up 13.8% from $607 million a year earlier but down 18.6% from the prior quarter.
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Analysis
Cvs Health (CVS) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cvs Health's Capital Expenditures came in at $3.02 billion, up 8.4% year-over-year; for FY2025, it was $2.83 billion, up 1.8% from FY2024.
- Capital Expenditures has a five-year compound annual growth rate of 3.0% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $2.78 billion in FY2024 (-8.2%), $3.03 billion in FY2023 (+11.1%), $2.73 billion in FY2022 (+8.2%) and $2.52 billion in FY2021 (+3.4%).
- Five-year quarterly Capital Expenditures spans a low of $408 million in Q2 2022 and a high of $1.05 billion in Q1 2022.
- Year over year, Capital Expenditures has now increased in each of the last four quarters, with growth averaging 5.3% over the last eight quarters.
- The high point for year-over-year Capital Expenditures in five years was Q2 2023 (growth of 44.9%); the low point was Q1 2024 (a decline of 28.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $849 million (Q1 2026), $784 million (Q4 2025) and $698 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 341.92 Bn | 226.55 Bn | 36.67 Bn | 799.00 Mn |
| 2 | Cvs Health | 112.26 Bn | 64.87 Bn | 47.23 Bn | 691.00 Mn |
| 3 | Mckesson | 99.84 Bn | 86.30 Bn | 3.69 Bn | 112.00 Mn |
| 4 | Elevance Health | 85.53 Bn | -56.21 Bn | 13.45 Bn | 287.00 Mn |
| 5 | Cigna | 71.85 Bn | 41.39 Bn | 14.97 Bn | 297.00 Mn |
| 6 | Cencora | 57.95 Bn | 47.04 Bn | 3.61 Bn | 226.04 Mn |
| 7 | Cardinal Health | 51.09 Bn | 35.09 Bn | 2.56 Bn | 264.00 Mn |
| 8 | Humana | 46.78 Bn | -41.02 Bn | 5.50 Bn | 132.00 Mn |
| 9 | Centene | 30.87 Bn | -59.41 Bn | 14.55 Bn | 174.00 Mn |
| 10 | Molina Healthcare | 9.86 Bn | -25.01 Bn | 1.43 Bn | 30.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 691.00 Mn |
| Mar 31, 2026 | 849.00 Mn |
| Dec 31, 2025 | 784.00 Mn |
| Sep 30, 2025 | 698.00 Mn |
| Jun 30, 2025 | 607.00 Mn |
| Mar 31, 2025 | 743.00 Mn |
| Dec 31, 2024 | 768.00 Mn |
| Sep 30, 2024 | 670.00 Mn |
| Jun 30, 2024 | 638.00 Mn |
| Mar 31, 2024 | 705.00 Mn |
| Dec 31, 2023 | 911.00 Mn |
| Sep 30, 2023 | 545.00 Mn |
| Jun 30, 2023 | 591.00 Mn |
| Mar 31, 2023 | 984.00 Mn |
| Dec 31, 2022 | 688.00 Mn |
| Sep 30, 2022 | 580.00 Mn |
| Jun 30, 2022 | 408.00 Mn |
| Mar 31, 2022 | 1.05 Bn |
| Dec 31, 2021 | 597.00 Mn |
| Sep 30, 2021 | 608.00 Mn |
API Access
Cvs Health Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "CVS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();