Cvs Health (CVS) FCF Margin (2009 - 2026)

Cvs Health (CVS) reported FCF Margin of 10.06% for Q1 2026, down 156.0% on a YoY basis from 17.97% in Q1 2025, and up 724.03% quarter-over-quarter from 1.61% in Q4 2025.

Cvs Health (CVS) FCF Margin (2009 - 2026) Analysis & Trends

Cvs Health has reported FCF Margin for 18 years, with the latest figure at 10.06% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 156.0% year-over-year to 10.06%; the trailing twelve-month figure through Mar 2026 stood at 12.34% (down 1370.0% YoY), and the FY2025 full-year result was 5.79%, up 410.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 10.06%, up from 1.61% in the prior quarter.
  • The five-year high for FCF Margin was 26.5% in Q1 2023, with the low at 4.58% in Q3 2024.
  • Historically, FCF Margin has averaged 5.63% across 5 years, with a median of 3.77% in 2025.
  • Annual changes were most pronounced in 2022 — FCF Margin plunged 1535 bps — and 2023, when it surged 2323 bps.
  • Cvs Health's FCF Margin stood at 1.72% in 2022, then slumped by 320 bps to 3.78% in 2023, then jumped by 110 bps to 0.39% in 2024, then slumped by 515 bps to 1.61% in 2025, then soared by 724 bps to 10.06% in 2026.
  • The last three FCF Margin figures came in at 10.06% (Q1 2026), 1.61% (Q4 2025), and 0.29% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Unitedhealth 363.95 Bn 334.15 Bn 98.90 Bn 7.29%
2 Cvs Health 124.98 Bn 113.36 Bn 4.43 Bn 10.06%
3 Elevance Health 85.46 Bn 50.04 Bn 13.88 Bn 8.28%
4 Cigna 73.39 Bn 65.77 Bn -44.29 Bn 8.81%
5 Humana 43.40 Bn 21.50 Bn 4.00 Bn 3.00%
6 Centene 30.02 Bn 6.36 Bn 49.24 Bn 8.34%
7 Molina Healthcare 9.92 Bn 668.90 Mn 1.53 Bn 9.77%
8 Oscar Health 8.44 Bn 1.64 Bn -3.22 Bn 45,648.58%
9 Alignment Healthcare 4.50 Bn 3.77 Bn 135.85 Mn 9.89%
10 Clover Health Investments 2.61 Bn 2.41 Bn 154.54 Mn 14.38%

Historic Data

Download Data
DateValue
Mar 31, 2026 10.06%
Dec 31, 2025 -1.61%
Sep 30, 2025 0.29%
Jun 30, 2025 3.77%
Mar 31, 2025 11.62%
Dec 31, 2024 0.39%
Sep 30, 2024 -4.58%
Jun 30, 2024 2.69%
Mar 31, 2024 13.81%
Dec 31, 2023 -3.78%
Sep 30, 2023 8.80%
Jun 30, 2023 5.98%
Mar 31, 2023 26.50%
Dec 31, 2022 1.72%
Sep 30, 2022 10.53%
Jun 30, 2022 6.24%
Mar 31, 2022 3.27%
Dec 31, 2021 4.45%
Sep 30, 2021 25.88%
Jun 30, 2021 7.38%