Cvs Health (CVS) EV to EBITDA (2009 - 2026)
Cvs Health's (CVS) EV to EBITDA came in at 9.25 for Q2 2026, up 71.2% from 5.40 a year earlier and up 22.0% from the prior quarter.
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Analysis
Cvs Health (CVS) EV to EBITDA (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBITDA at Cvs Health was 6.62, up 124.5% year-over-year; for FY2025, it was 9.76, up 179.8% from FY2024.
- In prior years, Cvs Health's EV to EBITDA was 3.49 in FY2024 (-30.1%), 4.99 in FY2023 (-42.5%), 8.68 in FY2022 (+24.4%) and 6.98 in FY2021 (+62.2%).
- Quarterly EV to EBITDA has run from a low of 3.43 in Q2 2024 to a high of 9.76 in Q4 2025 over five years.
- On a year-over-year basis, EV to EBITDA has increased in each of the last six quarters, with growth averaging 53.7% over the last eight quarters.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was Q4 2025, with growth of 179.8%; the weakest was Q3 2023, with a decline of 58.4%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 7.58 (Q1 2026), 9.76 (Q4 2025) and 8.89 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 378.93 Bn | 257.50 Bn | 36.67 Bn |
| 2 | Mckesson | 122.09 Bn | 105.99 Bn | 3.69 Bn |
| 3 | Cvs Health | 121.23 Bn | 73.64 Bn | 47.23 Bn |
| 4 | Elevance Health | 95.42 Bn | -46.46 Bn | 13.45 Bn |
| 5 | Cigna | 80.67 Bn | 49.92 Bn | 14.97 Bn |
| 6 | Cencora | 66.34 Bn | 55.24 Bn | 3.61 Bn |
| 7 | Cardinal Health | 60.55 Bn | 44.39 Bn | 2.56 Bn |
| 8 | Humana | 51.50 Bn | -36.36 Bn | 5.50 Bn |
| 9 | Centene | 34.97 Bn | -55.38 Bn | 14.55 Bn |
| 10 | Molina Healthcare | 11.26 Bn | -23.61 Bn | 1.43 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.25 |
| Mar 31, 2026 | 7.58 |
| Dec 31, 2025 | 9.76 |
| Sep 30, 2025 | 8.89 |
| Jun 30, 2025 | 5.40 |
| Mar 31, 2025 | 5.13 |
| Dec 31, 2024 | 3.49 |
| Sep 30, 2024 | 4.93 |
| Jun 30, 2024 | 3.43 |
| Mar 31, 2024 | 5.09 |
| Dec 31, 2023 | 4.99 |
| Sep 30, 2023 | 4.03 |
| Jun 30, 2023 | 6.78 |
| Mar 31, 2023 | 6.44 |
| Dec 31, 2022 | 8.68 |
| Sep 30, 2022 | 9.69 |
| Jun 30, 2022 | 5.95 |
| Mar 31, 2022 | 6.85 |
| Dec 31, 2021 | 6.98 |
| Sep 30, 2021 | 5.52 |
API Access
Cvs Health EV to EBITDA 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=ev-to-ebitda&ticker=CVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=CVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();