Cvs Health (CVS) Free Cash Flow (2009 - 2026)

Cvs Health (CVS) reported Free Cash Flow of $3.4 billion for Q1 2026, down 10.83% on a YoY basis from $3.8 billion in Q1 2025, and up 30.47% quarter-over-quarter from $2.6 billion in Q4 2025.

Cvs Health (CVS) Free Cash Flow (2009 - 2026) Analysis & Trends

Cvs Health has reported Free Cash Flow for 18 years, with the latest figure 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.
  • The five-year high for Free Cash Flow was $8.5 billion in Q3 2022, with the low at -$3.5 billion in Q4 2023.
  • Historically, Free Cash Flow has averaged $2.4 billion across 5 years, with a median of $2.5 billion in 2022.
  • Annual changes were most pronounced in 2022 — Free Cash Flow plunged 177.46% — and 2023, when it surged 156.93%.
  • Cvs Health's Free Cash Flow stood at -$2.6 billion in 2022, then slumped by 34.36% to -$3.5 billion in 2023, then jumped by 130.79% to $1.1 billion in 2024, then jumped by 138.64% to $2.6 billion in 2025, then surged 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 363.95 Bn 334.15 Bn 98.90 Bn 8.15 Bn
2 Cvs Health 124.98 Bn 113.36 Bn 4.43 Bn 3.40 Bn
3 Elevance Health 85.46 Bn 50.04 Bn 13.88 Bn 4.10 Bn
4 Cigna 73.39 Bn 65.77 Bn -44.29 Bn 864.00 Mn
5 Humana 43.40 Bn 21.50 Bn 4.00 Bn 1.13 Bn
6 Centene 30.02 Bn 6.36 Bn 49.24 Bn 4.17 Bn
7 Molina Healthcare 9.92 Bn 668.90 Mn 1.53 Bn 1.06 Bn
8 Oscar Health 8.44 Bn 1.64 Bn -3.22 Bn 2.61 Bn
9 Alignment Healthcare 4.50 Bn 3.77 Bn 135.85 Mn 121.32 Mn
10 Clover Health Investments 2.61 Bn 2.41 Bn 154.54 Mn 107.04 Mn

Historic Data

Download Data
DateValue
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