Cvs Health (CVS) Free Cash Flow (2009 - 2026)
Cvs Health posted quarterly Free Cash Flow of $3.4 billion for Q1 2026, down 10.83% year-on-year from $3.8 billion in Q1 2025, and up 30.47% on a QoQ basis from $2.6 billion in Q4 2025.
Cvs Health (CVS) has 18 years of Free Cash Flow data on file, last reported at $3.4 billion in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 10.83% year-over-year to $3.4 billion; the trailing twelve-month figure through Mar 2026 stood at $7.4 billion (up 24.46% YoY), and the FY2025 full-year result was $7.8 billion, up 23.41% from the prior year.
- Free Cash Flow for Q1 2026 stood at $3.4 billion, up from $2.6 billion in the prior quarter.
- Across five years, Free Cash Flow topped out at $8.5 billion in Q3 2022 and bottomed at -$3.5 billion in Q4 2023.
- The 5-year median for Free Cash Flow is $2.5 billion (2022), against an average of $2.4 billion.
- The widest annual swing landed in 2022, when Free Cash Flow slumped 177.46%; it then surged 156.93% in 2023.
- A 5-year view of Free Cash Flow shows it stood at -$2.6 billion in 2022, then sank by 34.36% to -$3.5 billion in 2023, then surged by 130.79% to $1.1 billion in 2024, then surged by 138.64% to $2.6 billion in 2025, then soared by 30.47% to $3.4 billion in 2026.
- The last three Free Cash Flow figures came in at $3.4 billion (Q1 2026), $2.6 billion (Q4 2025), and $98.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 8.15 Bn |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | 3.40 Bn |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | 4.10 Bn |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | 864.00 Mn |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | 1.13 Bn |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | 4.17 Bn |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 1.06 Bn |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | 2.61 Bn |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | 121.32 Mn |
| 10 | Progyny | 2.12 Bn | 1.90 Bn | 83.07 Mn | 39.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.40 Bn |
| Mar 31, 2026 | 3.40 Bn |
| Dec 31, 2025 | 2.61 Bn |
| Dec 31, 2025 | 2.61 Bn |
| Sep 30, 2025 | 98.00 Mn |
| Sep 30, 2025 | 98.00 Mn |
| Jun 30, 2025 | 1.29 Bn |
| Jun 30, 2025 | 1.29 Bn |
| Mar 31, 2025 | 3.81 Bn |
| Mar 31, 2025 | 3.81 Bn |
| Dec 31, 2024 | 1.09 Bn |
| Dec 31, 2024 | 1.09 Bn |
| Sep 30, 2024 | -1.42 Bn |
| Sep 30, 2024 | -1.42 Bn |
| Jun 30, 2024 | 2.45 Bn |
| Jun 30, 2024 | 2.45 Bn |
| Mar 31, 2024 | 4.20 Bn |
| Mar 31, 2024 | 4.20 Bn |
| Dec 31, 2023 | -3.55 Bn |
| Dec 31, 2023 | -3.55 Bn |
| Sep 30, 2023 | 2.17 Bn |
| Sep 30, 2023 | 2.17 Bn |
| Jun 30, 2023 | 5.32 Bn |
| Jun 30, 2023 | 5.32 Bn |
| Mar 31, 2023 | 6.45 Bn |
| Mar 31, 2023 | 6.45 Bn |
| Dec 31, 2022 | -2.64 Bn |
| Dec 31, 2022 | -2.64 Bn |
| Sep 30, 2022 | 8.54 Bn |
| Sep 30, 2022 | 8.54 Bn |
| Jun 30, 2022 | 5.04 Bn |
| Jun 30, 2022 | 5.04 Bn |
| Mar 31, 2022 | 2.51 Bn |
| Mar 31, 2022 | 2.51 Bn |
| Dec 31, 2021 | 3.41 Bn |
| Dec 31, 2021 | 3.41 Bn |
| Sep 30, 2021 | 4.91 Bn |
| Sep 30, 2021 | 4.91 Bn |
| Jun 30, 2021 | 5.36 Bn |
| Jun 30, 2021 | 5.36 Bn |
| Mar 31, 2021 | 2.06 Bn |
| Mar 31, 2021 | 2.06 Bn |
| Dec 31, 2020 | 2.85 Bn |
| Dec 31, 2020 | 2.85 Bn |
| Sep 30, 2020 | 1.34 Bn |
| Sep 30, 2020 | 1.34 Bn |
| Jun 30, 2020 | 6.67 Bn |
| Jun 30, 2020 | 6.67 Bn |
| Mar 31, 2020 | 2.56 Bn |
| Mar 31, 2020 | 2.56 Bn |
| Dec 31, 2019 | 2.07 Bn |
| Dec 31, 2019 | 2.07 Bn |
| Sep 30, 2019 | 2.33 Bn |
| Sep 30, 2019 | 2.33 Bn |
| Jun 30, 2019 | 4.77 Bn |
| Jun 30, 2019 | 4.77 Bn |
| Mar 31, 2019 | 1.23 Bn |
| Mar 31, 2019 | 1.23 Bn |
| Dec 31, 2018 | 1.89 Bn |
| Dec 31, 2018 | 1.89 Bn |
| Sep 30, 2018 | 557.00 Mn |
| Sep 30, 2018 | 557.00 Mn |
| Jun 30, 2018 | 2.50 Bn |
| Jun 30, 2018 | 2.50 Bn |
| Mar 31, 2018 | 1.87 Bn |
| Mar 31, 2018 | 1.87 Bn |
| Dec 31, 2017 | -642.00 Mn |
| Dec 31, 2017 | -642.00 Mn |
| Sep 30, 2017 | 2.09 Bn |
| Sep 30, 2017 | 2.09 Bn |
| Jun 30, 2017 | 1.57 Bn |
| Jun 30, 2017 | 1.57 Bn |
| Mar 31, 2017 | 3.08 Bn |
| Mar 31, 2017 | 3.08 Bn |
| Dec 31, 2016 | 1.50 Bn |
| Dec 31, 2016 | 1.50 Bn |
| Sep 30, 2016 | 3.43 Bn |
| Sep 30, 2016 | 3.43 Bn |
| Jun 30, 2016 | 1.14 Bn |
| Jun 30, 2016 | 1.14 Bn |
| Mar 31, 2016 | 1.84 Bn |
| Mar 31, 2016 | 1.84 Bn |
| Dec 31, 2015 | 2.82 Bn |
| Dec 31, 2015 | 2.82 Bn |
| Sep 30, 2015 | 1.27 Bn |
| Sep 30, 2015 | 1.27 Bn |
| Jun 30, 2015 | 514.00 Mn |
| Jun 30, 2015 | 514.00 Mn |
| Mar 31, 2015 | 1.57 Bn |
| Mar 31, 2015 | 1.57 Bn |
| Dec 31, 2014 | 2.72 Bn |
| Dec 31, 2014 | 2.72 Bn |
| Sep 30, 2014 | 1.10 Bn |
| Sep 30, 2014 | 1.10 Bn |
| Jun 30, 2014 | 394.00 Mn |
| Jun 30, 2014 | 394.00 Mn |
| Mar 31, 2014 | 1.78 Bn |
| Mar 31, 2014 | 1.78 Bn |
| Dec 31, 2013 | 884.00 Mn |
| Dec 31, 2013 | 884.00 Mn |
| Sep 30, 2013 | 1.18 Bn |
| Sep 30, 2013 | 1.18 Bn |
| Jun 30, 2013 | 416.00 Mn |
| Jun 30, 2013 | 416.00 Mn |
| Mar 31, 2013 | 1.32 Bn |
| Mar 31, 2013 | 1.32 Bn |
| Dec 31, 2012 | 1.02 Bn |
| Dec 31, 2012 | 1.02 Bn |
| Sep 30, 2012 | 427.00 Mn |
| Sep 30, 2012 | 427.00 Mn |
| Jun 30, 2012 | 789.00 Mn |
| Jun 30, 2012 | 789.00 Mn |
| Mar 31, 2012 | 2.41 Bn |
| Mar 31, 2012 | 2.41 Bn |
| Dec 31, 2011 | 117.00 Mn |
| Dec 31, 2011 | 117.00 Mn |
| Sep 30, 2011 | 1.50 Bn |
| Sep 30, 2011 | 1.50 Bn |
| Jun 30, 2011 | 806.00 Mn |
| Jun 30, 2011 | 806.00 Mn |
| Mar 31, 2011 | 1.56 Bn |
| Mar 31, 2011 | 1.56 Bn |
| Dec 31, 2010 | 1.15 Bn |
| Dec 31, 2010 | 1.15 Bn |
| Sep 30, 2010 | 779.00 Mn |
| Sep 30, 2010 | 779.00 Mn |
| Jun 30, 2010 | 187.00 Mn |
| Jun 30, 2010 | 187.00 Mn |
| Mar 31, 2010 | 659.00 Mn |
| Mar 31, 2010 | 659.00 Mn |
| Dec 31, 2009 | 1.01 Bn |
| Dec 31, 2009 | 1.01 Bn |
| Sep 30, 2009 | 246.00 Mn |
| Sep 30, 2009 | 246.00 Mn |
| Jun 30, 2009 | -73.00 Mn |
| Jun 30, 2009 | -73.00 Mn |
| Mar 31, 2009 | 305.00 Mn |
| Mar 31, 2009 | 305.00 Mn |