Cvs Health (CVS) Gross Margin (2009 - 2026)
Cvs Health posted quarterly Gross Margin of 13.12% for Q1 2026, up 189.0% year-on-year from 4.54% in Q1 2025, and down 92.7% on a QoQ basis from 179.63% in Q4 2025.
Cvs Health (CVS) has 18 years of Gross Margin data on file, last reported at 13.12% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 189.0% year-over-year to 13.12%; the trailing twelve-month figure through Mar 2026 stood at 434.89% (up 36563.0% YoY), and the FY2025 full-year result was 64.13%, down 13325.0% from the prior year.
- Gross Margin for Q1 2026 stood at 13.12%, down from 179.63% in the prior quarter.
- Across five years, Gross Margin topped out at 179.63% in Q4 2025 and bottomed at 121.8% in Q3 2023.
- The 5-year median for Gross Margin is 39.79% (2023), against an average of 40.45%.
- The widest annual swing landed in 2023, when Gross Margin slumped 15974 bps; it then soared 18766 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 111.91% in 2022, then slumped by 65 bps to 39.33% in 2023, then surged by 78 bps to 70.11% in 2024, then surged by 156 bps to 179.63% in 2025, then sank by 93 bps to 13.12% in 2026.
- The last three Gross Margin figures came in at 13.12% (Q1 2026), 179.63% (Q4 2025), and 66.52% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 88.52% |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | 13.12% |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | 28.04% |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | -451.37% |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | 10.61% |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | 98.59% |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 14.13% |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | -56,385.78% |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | 11.08% |
| 10 | Progyny | 2.12 Bn | 1.90 Bn | 83.07 Mn | 25.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.12% |
| Dec 31, 2025 | 179.63% |
| Sep 30, 2025 | 66.52% |
| Jun 30, 2025 | 8.42% |
| Mar 31, 2025 | 11.23% |
| Dec 31, 2024 | 70.11% |
| Sep 30, 2024 | 65.86% |
| Jun 30, 2024 | 88.67% |
| Mar 31, 2024 | -58.18% |
| Dec 31, 2023 | 39.33% |
| Sep 30, 2023 | -121.80% |
| Jun 30, 2023 | 39.79% |
| Mar 31, 2023 | 16.03% |
| Dec 31, 2022 | 111.91% |
| Sep 30, 2022 | 37.94% |
| Jun 30, 2022 | 78.31% |
| Mar 31, 2022 | 40.76% |
| Dec 31, 2021 | -67.25% |
| Sep 30, 2021 | 15.29% |
| Jun 30, 2021 | 40.07% |
| Mar 31, 2021 | -115.69% |
| Dec 31, 2020 | 132.71% |
| Sep 30, 2020 | 38.95% |
| Jun 30, 2020 | -137.74% |
| Mar 31, 2020 | 39.56% |
| Dec 31, 2019 | 80.37% |
| Sep 30, 2019 | -160.23% |
| Jun 30, 2019 | -146.79% |
| Mar 31, 2019 | 17.34% |
| Dec 31, 2018 | 300.81% |
| Sep 30, 2018 | 15.43% |
| Jun 30, 2018 | 15.35% |
| Mar 31, 2018 | 14.99% |
| Dec 31, 2017 | 16.33% |
| Sep 30, 2017 | 15.41% |
| Jun 30, 2017 | 15.16% |
| Mar 31, 2017 | 14.76% |
| Dec 31, 2016 | 16.55% |
| Sep 30, 2016 | 16.79% |
| Jun 30, 2016 | 16.04% |
| Mar 31, 2016 | 15.61% |
| Dec 31, 2015 | 280.81% |
| Sep 30, 2015 | 17.24% |
| Jun 30, 2015 | 17.22% |
| Mar 31, 2015 | 16.97% |
| Dec 31, 2014 | 17.90% |
| Sep 30, 2014 | 18.47% |
| Jun 30, 2014 | 18.28% |
| Mar 31, 2014 | 18.18% |
| Dec 31, 2013 | 19.31% |
| Sep 30, 2013 | 18.87% |
| Jun 30, 2013 | 18.69% |
| Mar 31, 2013 | 18.14% |
| Dec 31, 2012 | 20.05% |
| Sep 30, 2012 | 18.67% |
| Jun 30, 2012 | 17.73% |
| Mar 31, 2012 | 16.58% |
| Dec 31, 2011 | 19.62% |
| Sep 30, 2011 | 19.41% |
| Jun 30, 2011 | 19.25% |
| Mar 31, 2011 | 18.45% |
| Dec 31, 2010 | 22.18% |
| Sep 30, 2010 | 21.15% |
| Jun 30, 2010 | 20.98% |
| Mar 31, 2010 | 20.08% |
| Dec 31, 2009 | 21.56% |
| Sep 30, 2009 | 20.34% |
| Jun 30, 2009 | 20.31% |
| Mar 31, 2009 | 20.30% |