Cvs Health (CVS) FCF Margin (2009 - 2026)
Cvs Health's (CVS) quarterly FCF Margin came in at 5.33% in Q2 2026, up 402.0% on a YoY basis from 1.06% in Q2 2025, and up 57.41% quarter-over-quarter from 3.39% in Q1 2026.
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Cvs Health (CVS) FCF Margin (2009 - 2026) Analysis & Trends
Cvs Health (CVS) has reported FCF Margin for 18 consecutive years, with 5.33% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin rose 402.0% year-over-year to 5.33%; the trailing twelve-month figure through Jun 2026 stood at 2.83% (up 160.0% YoY), and the FY2025 full-year result was 1.94%, up 24.0% from the prior year.
- FCF Margin rose to 5.33% in Q2 2026 per CVS's latest filing, from 3.39% in the prior quarter.
- Across five years, FCF Margin topped out at 10.53% in Q3 2022 and bottomed at 3.78% in Q4 2023.
- Historically, FCF Margin has averaged 2.93% across 5 years, with a median of 2.98% in 2024.
- The sharpest annual moves came in 2023 and 2024: FCF Margin tumbled 811 bps in 2023, then jumped 490 bps in 2024.
- Over 5 years, FCF Margin stood at 3.15% in 2022, then declined by 20 bps to 3.78% in 2023, then jumped by 130 bps to 1.12% in 2024, then jumped by 121 bps to 2.47% in 2025, then jumped by 116 bps to 5.33% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 5.33%, 3.39%, and 2.47% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 359.38 Bn | 333.97 Bn | 36.67 Bn | 9.15% |
| 2 | Cvs Health | 123.65 Bn | 109.89 Bn | 47.23 Bn | 5.33% |
| 3 | Elevance Health | 88.36 Bn | 52.55 Bn | 13.45 Bn | 3.22% |
| 4 | Cigna | 74.65 Bn | 67.69 Bn | 14.97 Bn | -1.00% |
| 5 | Humana | 48.21 Bn | 24.40 Bn | 5.50 Bn | 4.49% |
| 6 | Centene | 33.12 Bn | 6.13 Bn | 14.55 Bn | 6.38% |
| 7 | Molina Healthcare | 10.45 Bn | 1.53 Bn | 1.43 Bn | -2.98% |
| 8 | Oscar Health | 8.81 Bn | 262.35 Mn | 1.09 Bn | 42.63% |
| 9 | Corvel | 3.47 Bn | 3.12 Bn | - | - |
| 10 | Alignment Healthcare | 2.81 Bn | 2.10 Bn | 180.96 Mn | -2.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.33% |
| Mar 31, 2026 | 3.39% |
| Dec 31, 2025 | 2.47% |
| 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 | 2.69% |
| Mar 31, 2024 | 4.75% |
| Dec 31, 2023 | -3.78% |
| Sep 30, 2023 | 2.42% |
| Jun 30, 2023 | 5.98% |
| Mar 31, 2023 | 7.57% |
| Dec 31, 2022 | -3.15% |
| Sep 30, 2022 | 10.53% |
| Jun 30, 2022 | 6.24% |
| Mar 31, 2022 | 3.27% |
| Dec 31, 2021 | 4.45% |
| Sep 30, 2021 | 6.66% |