Cvs Health (CVS) Dividend Coverage Ratio (2009 - 2026)
Cvs Health's (CVS) quarterly Dividend Coverage Ratio came in at 3.41 in Q2 2026, up 191.62% on a YoY basis from 1.17 in Q2 2025, and down 2.29% quarter-over-quarter from 3.49 in Q1 2026.
Analysis
Cvs Health (CVS) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Cvs Health (CVS) has reported Dividend Coverage Ratio for 18 consecutive years, with 3.41 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio rose 191.62% year-over-year to 3.41; the trailing twelve-month figure through Jun 2026 stood at 1.43 (up 7.71% YoY), and the FY2025 full-year result was 0.51, down 62.59% from the prior year.
- Dividend Coverage Ratio slipped to 3.41 in Q2 2026 per CVS's latest filing, from 3.49 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 4.11 in Q2 2022 and bottomed at 4.72 in Q3 2025.
- Historically, Dividend Coverage Ratio has averaged 1.72 across 5 years, with a median of 2.52 in 2023.
- The sharpest annual moves came in 2025 and 2026: Dividend Coverage Ratio sank 5659.93% in 2025, then soared 191.62% in 2026.
- Over 5 years, Dividend Coverage Ratio stood at 3.24 in 2022, then retreated by 18.98% to 2.63 in 2023, then slipped by 26.3% to 1.94 in 2024, then jumped by 78.61% to 3.46 in 2025, then dropped by 1.39% to 3.41 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 3.41, 3.49, and 3.46 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 354.24 Bn | 322.77 Bn | 36.67 Bn | 2.72 |
| 2 | Cvs Health | 122.38 Bn | 108.42 Bn | 47.23 Bn | 3.41 |
| 3 | Elevance Health | 86.47 Bn | 50.52 Bn | 13.45 Bn | 3.90 |
| 4 | Cigna | 73.02 Bn | 65.76 Bn | 14.97 Bn | 4.58 |
| 5 | Humana | 48.22 Bn | 24.35 Bn | 5.50 Bn | 6.74 |
| 6 | Centene | 31.79 Bn | 4.73 Bn | 14.55 Bn | - |
| 7 | Molina Healthcare | 9.95 Bn | 1.03 Bn | 1.43 Bn | - |
| 8 | Oscar Health | 9.53 Bn | 976.50 Mn | 1.09 Bn | - |
| 9 | Corvel | 3.41 Bn | 3.06 Bn | - | - |
| 10 | Alignment Healthcare | 2.70 Bn | 2.00 Bn | 180.96 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.41 |
| Mar 31, 2026 | 3.49 |
| Dec 31, 2025 | 3.46 |
| Sep 30, 2025 | -4.72 |
| Jun 30, 2025 | 1.17 |
| Mar 31, 2025 | 2.12 |
| Dec 31, 2024 | 1.94 |
| Sep 30, 2024 | 0.08 |
| Jun 30, 2024 | 2.06 |
| Mar 31, 2024 | 1.34 |
| Dec 31, 2023 | 2.63 |
| Sep 30, 2023 | 2.91 |
| Jun 30, 2023 | 2.41 |
| Mar 31, 2023 | 2.75 |
| Dec 31, 2022 | 3.24 |
| Sep 30, 2022 | -4.68 |
| Jun 30, 2022 | 4.11 |
| Mar 31, 2022 | 3.26 |
| Dec 31, 2021 | 2.10 |
| Sep 30, 2021 | 2.41 |