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
DateValue
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%