Cvs Health (CVS) EBITDA Margin (2009 - 2026)
Cvs Health (CVS) reported EBITDA Margin of 13.85% for Q1 2026, up 1227.0% on a YoY basis from 1.04% in Q1 2025, and up 7006.2% quarter-over-quarter from 0.19% in Q4 2025.
Cvs Health (CVS) EBITDA Margin (2009 - 2026) Analysis & Trends
Cvs Health has reported EBITDA Margin for 18 years, with the latest figure at 13.85% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin rose 1227.0% year-over-year to 13.85%; the trailing twelve-month figure through Mar 2026 stood at 12.31% (down 1343.0% YoY), and the FY2025 full-year result was 1.66%, up 108.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 13.85%, up from 0.19% in the prior quarter.
- The five-year high for EBITDA Margin was 14.15% in Q1 2023, with the low at 4.83% in Q3 2022.
- Historically, EBITDA Margin has averaged 3.25% across 5 years, with a median of 1.78% in 2024.
- Annual changes were most pronounced in 2022 — EBITDA Margin sank 1865 bps — and 2023, when it surged 1393 bps.
- Cvs Health's EBITDA Margin stood at 2.39% in 2022, then jumped by 251 bps to 3.6% in 2023, then plunged by 93 bps to 0.27% in 2024, then dropped by 28 bps to 0.19% in 2025, then soared by 7006 bps to 13.85% in 2026.
- The last three EBITDA Margin figures came in at 13.85% (Q1 2026), 0.19% (Q4 2025), and 1.87% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | 8.05% |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 13.85% |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 1.55% |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | 2.06% |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 5.14% |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 3.99% |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 0.77% |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 1,060.06% |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 1.90% |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 Bn | 154.54 Mn | 3.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.85% |
| Dec 31, 2025 | 0.19% |
| Sep 30, 2025 | 1.87% |
| Jun 30, 2025 | 6.96% |
| Mar 31, 2025 | 1.58% |
| Dec 31, 2024 | 0.27% |
| Sep 30, 2024 | 1.78% |
| Jun 30, 2024 | 3.34% |
| Mar 31, 2024 | 7.47% |
| Dec 31, 2023 | 3.60% |
| Sep 30, 2023 | 1.12% |
| Jun 30, 2023 | 0.31% |
| Mar 31, 2023 | 14.15% |
| Dec 31, 2022 | -2.39% |
| Sep 30, 2022 | -4.83% |
| Jun 30, 2022 | 5.79% |
| Mar 31, 2022 | 0.22% |
| Dec 31, 2021 | 3.06% |
| Sep 30, 2021 | 1.30% |
| Jun 30, 2021 | 0.40% |