Cvs Health (CVS) FCF Margin (2009 - 2026)
Cvs Health (CVS) posted FCF Margin of 10.06% for Q1 2026, up 724.03% on a QoQ basis from 1.61% in Q4 2025, and up 603.0% year-over-year from 1.43% in Q1 2025.
Cvs Health (CVS) FCF Margin (2009 - 2026) Analysis & Trends
Cvs Health's FCF Margin history runs 18 years deep, the most recent figure standing at 10.06% for Q1 2026.
- Quarterly FCF Margin rose 603.0% year-over-year to 10.06% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 10.0% (up 813.0% YoY) and the FY2025 annual result came in at 5.79%, up 410.0% from the prior year.
- FCF Margin was 10.06% for Q1 2026 at Cvs Health, up from 1.61% in the prior quarter.
- Across five years, FCF Margin topped out at 40.68% in Q3 2022 and bottomed at 12.32% in Q4 2022.
- A 5-year average of 5.55% and a median of 4.03% in 2025 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2022 — FCF Margin surged 3402 bps — and 2023, when it tumbled 3187 bps.
- Cvs Health's FCF Margin stood at 12.32% in 2022, then jumped by 90 bps to 1.25% in 2023, then surged by 189 bps to 1.12% in 2024, then sank by 244 bps to 1.61% in 2025, then surged by 724 bps to 10.06% in 2026.
- Business Quant data shows CVS's FCF Margin at 10.06% in Q1 2026, 1.61% in Q4 2025, and 0.1% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 384.70 Bn | 354.90 Bn | 38.23 Bn | 7.29% |
| 2 | Cvs Health | 136.05 Bn | 124.42 Bn | 22.85 Bn | 10.06% |
| 3 | Elevance Health | 82.25 Bn | 46.44 Bn | 35.79 Bn | 3.94% |
| 4 | Cigna | 75.16 Bn | 67.54 Bn | -44.29 Bn | 8.81% |
| 5 | Humana | 47.47 Bn | 25.57 Bn | 5.94 Bn | 2.86% |
| 6 | Centene | 31.35 Bn | 7.64 Bn | 43.95 Bn | 9.33% |
| 7 | Molina Healthcare | 10.44 Bn | 1.19 Bn | 1.43 Bn | -2.98% |
| 8 | Oscar Health | 8.62 Bn | 1.83 Bn | 1.42 Bn | 56.17% |
| 9 | Alignment Healthcare | 4.13 Bn | 3.41 Bn | 144.48 Mn | 10.41% |
| 10 | Progyny | 2.48 Bn | 2.26 Bn | 83.07 Mn | 13.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.06% |
| Dec 31, 2025 | -1.61% |
| Sep 30, 2025 | 0.10% |
| Jun 30, 2025 | 1.30% |
| Mar 31, 2025 | 4.03% |
| Dec 31, 2024 | 1.12% |
| Sep 30, 2024 | -1.48% |
| Jun 30, 2024 | 7.99% |
| Mar 31, 2024 | 13.81% |
| Dec 31, 2023 | -1.25% |
| Sep 30, 2023 | 8.80% |
| Jun 30, 2023 | 5.98% |
| Mar 31, 2023 | 7.57% |
| Dec 31, 2022 | -12.32% |
| Sep 30, 2022 | 40.68% |
| Jun 30, 2022 | 6.24% |
| Mar 31, 2022 | 3.27% |
| Dec 31, 2021 | 4.45% |
| Sep 30, 2021 | 6.66% |
| Jun 30, 2021 | 28.24% |