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| Date | Value |
|---|---|
| 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% |