Cvs Health (CVS) EV to FCF (2009 - 2026)
Cvs Health's (CVS) EV to FCF stood at 10.07 in Q2 2026, down 34.4% from 15.35 a year earlier and down 6.7% from the prior quarter.
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Analysis
Cvs Health (CVS) EV to FCF (2009 - 2026) Analysis & Trends
On a TTM basis, Cvs Health's EV to FCF came in at 7.21 as of Jun 30, 2026, down 13.9% year-over-year; for FY2025, it came in at 11.58, up 60.2% from FY2024.
- Across earlier years, EV to FCF came in at 7.23 in FY2024 (-16.9%), 8.70 in FY2023 (+10.7%), 7.86 in FY2022 (-0.3%) and 7.89 in FY2021 (+34.2%).
- The Q2 2026 figure is the lowest quarterly EV to FCF since Q4 2024.
- On a year-over-year basis, EV to FCF rose in four of the last eight quarters, with growth averaging 64.4%.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 531.3% in Q3 2024, against a decline of 67.4% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.79 (Q1 2026), 11.58 (Q4 2025) and 13.46 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 359.00 Bn | 239.64 Bn | 35.71 Bn |
| 2 | Mckesson | 123.95 Bn | 105.32 Bn | 3.96 Bn |
| 3 | Cvs Health | 111.19 Bn | 59.95 Bn | 47.21 Bn |
| 4 | Elevance Health | 91.22 Bn | -51.36 Bn | 13.65 Bn |
| 5 | Cigna | 78.47 Bn | 47.34 Bn | 15.09 Bn |
| 6 | Cencora | 66.32 Bn | 55.22 Bn | 3.61 Bn |
| 7 | Cardinal Health | 63.37 Bn | 46.54 Bn | 2.60 Bn |
| 8 | Humana | 51.41 Bn | -36.45 Bn | 5.50 Bn |
| 9 | Centene | 33.72 Bn | -60.99 Bn | 9.52 Bn |
| 10 | Molina Healthcare | 10.44 Bn | -24.56 Bn | 1.36 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.10 |
| Jun 30, 2026 | 10.07 |
| Mar 31, 2026 | 10.79 |
| Dec 31, 2025 | 11.58 |
| Sep 30, 2025 | 13.46 |
| Jun 30, 2025 | 15.35 |
| Mar 31, 2025 | 12.29 |
| Dec 31, 2024 | 7.23 |
| Sep 30, 2024 | 41.25 |
| Jun 30, 2024 | 11.02 |
| Mar 31, 2024 | 10.68 |
| Dec 31, 2023 | 8.70 |
| Sep 30, 2023 | 6.53 |
| Jun 30, 2023 | 4.07 |
| Mar 31, 2023 | 4.46 |
| Dec 31, 2022 | 7.86 |
| Sep 30, 2022 | 5.42 |
| Jun 30, 2022 | 6.74 |
| Mar 31, 2022 | 7.48 |
| Dec 31, 2021 | 7.89 |
API Access
Cvs Health EV to FCF 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-fcf&ticker=CVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=CVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();