Cvs Health (CVS) Capital Expenditures (2009 - 2026)
Cvs Health (CVS) reported Capital Expenditures of $849.0 million for Q1 2026, up 14.27% on a YoY basis from $743.0 million in Q1 2025, and up 8.29% quarter-over-quarter from $784.0 million in Q4 2025.
Cvs Health (CVS) Capital Expenditures (2009 - 2026) Analysis & Trends
Cvs Health has reported Capital Expenditures for 18 years, with the latest figure at $849.0 million in Q1 2026.
- For the quarter ending Q1 2026, Capital Expenditures rose 14.27% year-over-year to $849.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.9 billion (up 4.22% YoY), and the FY2025 full-year result was $2.8 billion, up 1.83% from the prior year.
- Capital Expenditures for Q1 2026 stood at $849.0 million, up from $784.0 million in the prior quarter.
- The five-year high for Capital Expenditures was $1.1 billion in Q1 2022, with the low at $408.0 million in Q2 2022.
- Historically, Capital Expenditures has averaged $718.8 million across 5 years, with a median of $698.0 million in 2025.
- Annual changes were most pronounced in 2023 — Capital Expenditures surged 44.85% — and 2024, when it declined 28.35%.
- Cvs Health's Capital Expenditures stood at $688.0 million in 2022, then jumped by 32.41% to $911.0 million in 2023, then decreased by 15.7% to $768.0 million in 2024, then grew by 2.08% to $784.0 million in 2025, then increased by 8.29% to $849.0 million in 2026.
- The last three Capital Expenditures figures came in at $849.0 million (Q1 2026), $784.0 million (Q4 2025), and $698.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | 763.00 Mn |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 849.00 Mn |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 235.00 Mn |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | 267.00 Mn |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 121.00 Mn |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 200.00 Mn |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 27.00 Mn |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 8.79 Mn |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 7.36 Mn |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 Bn | 154.54 Mn | 854,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 849.00 Mn |
| Mar 31, 2026 | 849.00 Mn |
| Dec 31, 2025 | 784.00 Mn |
| Dec 31, 2025 | 784.00 Mn |
| Sep 30, 2025 | 698.00 Mn |
| Sep 30, 2025 | 698.00 Mn |
| Jun 30, 2025 | 607.00 Mn |
| Jun 30, 2025 | 607.00 Mn |
| Mar 31, 2025 | 743.00 Mn |
| Mar 31, 2025 | 743.00 Mn |
| Dec 31, 2024 | 768.00 Mn |
| Dec 31, 2024 | 768.00 Mn |
| Sep 30, 2024 | 670.00 Mn |
| Sep 30, 2024 | 670.00 Mn |
| Jun 30, 2024 | 638.00 Mn |
| Jun 30, 2024 | 638.00 Mn |
| Mar 31, 2024 | 705.00 Mn |
| Mar 31, 2024 | 705.00 Mn |
| Dec 31, 2023 | 911.00 Mn |
| Dec 31, 2023 | 911.00 Mn |