Cvs Health (CVS) Free Cash Flow (2009 - 2026)
Cvs Health (CVS) posted Free Cash Flow of $3.4 billion for Q1 2026, up 30.47% on a QoQ basis from $2.6 billion in Q4 2025, and down 10.83% year-over-year from $3.8 billion in Q1 2025.
Cvs Health (CVS) Free Cash Flow (2009 - 2026) Analysis & Trends
Cvs Health's Free Cash Flow history runs 18 years deep, the most recent figure standing at $3.4 billion for Q1 2026.
- Quarterly Free Cash Flow fell 10.83% year-over-year to $3.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.4 billion (up 24.46% YoY) and the FY2025 annual result came in at $7.8 billion, up 23.41% from the prior year.
- Free Cash Flow was $3.4 billion for Q1 2026 at Cvs Health, 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.
- A 5-year average of $2.4 billion and a median of $2.5 billion in 2022 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow tumbled 177.46% — and 2023, when it surged 156.93%.
- Cvs Health's Free Cash Flow stood at -$2.6 billion in 2022, then plunged by 34.36% to -$3.5 billion in 2023, then soared by 130.79% to $1.1 billion in 2024, then soared by 138.64% to $2.6 billion in 2025, then jumped by 30.47% to $3.4 billion in 2026.
- Business Quant data shows CVS's Free Cash Flow at $3.4 billion in Q1 2026, $2.6 billion in Q4 2025, and $98.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 384.70 Bn | 354.90 Bn | 38.23 Bn | 8.15 Bn |
| 2 | Cvs Health | 136.05 Bn | 124.42 Bn | 22.85 Bn | 3.40 Bn |
| 3 | Elevance Health | 82.25 Bn | 46.44 Bn | 35.79 Bn | 1.63 Bn |
| 4 | Cigna | 75.16 Bn | 67.54 Bn | -44.29 Bn | 864.00 Mn |
| 5 | Humana | 47.47 Bn | 25.57 Bn | 5.94 Bn | 1.13 Bn |
| 6 | Centene | 31.35 Bn | 7.64 Bn | 43.95 Bn | 4.17 Bn |
| 7 | Molina Healthcare | 10.44 Bn | 1.19 Bn | 1.43 Bn | -324.00 Mn |
| 8 | Oscar Health | 8.62 Bn | 1.83 Bn | 1.42 Bn | 2.61 Bn |
| 9 | Alignment Healthcare | 4.13 Bn | 3.41 Bn | 144.48 Mn | 128.59 Mn |
| 10 | Progyny | 2.48 Bn | 2.26 Bn | 83.07 Mn | 45.14 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 |