Cvs Health (CVS) Debt to Equity (2009 - 2026)
Cvs Health (CVS) reported Debt to Equity of $0.81 for Q1 2026, down 1.21% on a YoY basis from $0.82 in Q1 2025, and down 5.31% quarter-over-quarter from $0.86 in Q4 2025.
Cvs Health (CVS) Debt to Equity (2009 - 2026) Analysis & Trends
Cvs Health has reported Debt to Equity for 18 years, with the latest figure at $0.81 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 1.21% year-over-year to $0.81; the trailing twelve-month figure through Mar 2026 stood at $0.81 (down 1.21% YoY), and the FY2025 full-year result was $0.86, up 1.34% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.81, down from $0.86 in the prior quarter.
- The five-year high for Debt to Equity was $0.86 in Q4 2025, with the low at $0.72 in Q2 2022.
- Historically, Debt to Equity has averaged $0.8 across 5 years, with a median of $0.81 in 2024.
- Annual changes were most pronounced in 2022 — Debt to Equity decreased 10.29% — and 2023, when it climbed 18.13%.
- Cvs Health's Debt to Equity stood at $0.73 in 2022, then climbed by 5.45% to $0.77 in 2023, then climbed by 10.33% to $0.85 in 2024, then increased by 1.34% to $0.86 in 2025, then decreased by 5.31% to $0.81 in 2026.
- The last three Debt to Equity figures came in at $0.81 (Q1 2026), $0.86 (Q4 2025), and $0.85 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | 0.75 |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 0.81 |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 0.72 |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | 0.73 |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 0.75 |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 0.76 |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 0.92 |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 0.26 |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 1.56 |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 Bn | 154.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.81 |
| Dec 31, 2025 | 0.86 |
| Sep 30, 2025 | 0.85 |
| Jun 30, 2025 | 0.82 |
| Mar 31, 2025 | 0.82 |
| Dec 31, 2024 | 0.85 |
| Sep 30, 2024 | 0.81 |
| Jun 30, 2024 | 0.83 |
| Mar 31, 2024 | 0.81 |
| Dec 31, 2023 | 0.77 |
| Sep 30, 2023 | 0.83 |
| Jun 30, 2023 | 0.86 |
| Mar 31, 2023 | 0.81 |
| Dec 31, 2022 | 0.73 |
| Sep 30, 2022 | 0.73 |
| Jun 30, 2022 | 0.72 |
| Mar 31, 2022 | 0.76 |
| Dec 31, 2021 | 0.75 |
| Sep 30, 2021 | 0.78 |
| Jun 30, 2021 | 0.81 |