Cvs Health (CVS) Invested Capital (2009 - 2026)
Cvs Health (CVS) posted Invested Capital of $141.31 billion for Q2 2026, down 1.9% from $144.04 billion a year earlier but up 0.4% from the prior quarter.
Cvs Health (CVS) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Cvs Health's Invested Capital came in at $139.95 billion, down 1.4% from FY2024.
- Annual Invested Capital shows a five-year compound annual growth rate of 0.8% (FY2020 to FY2025).
- In prior years, Cvs Health's Invested Capital was $142 billion in FY2024 (+2.7%), $138.25 billion in FY2023 (+11.5%), $124.02 billion in FY2022 (-5.3%) and $131.02 billion in FY2021 (-2.5%).
- Quarterly Invested Capital has run from a low of $123.7 billion in Q3 2022 to a high of $144.04 billion in Q2 2025 over five years.
- On a year-over-year basis, Invested Capital has declined in each of the last four quarters, with growth averaging 0.6% over the last eight quarters.
- The strongest year-over-year quarter for Invested Capital in the past five years was Q4 2023, with growth of 11.5%; the weakest was Q3 2022, with a decline of 7.0%.
- According to Business Quant data, Invested Capital for the three prior quarters was $140.75 billion (Q1 2026), $139.95 billion (Q4 2025) and $138.95 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn | 177.84 Bn |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn | 141.31 Bn |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn | 5.49 Bn |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn | 76.07 Bn |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn | 74.79 Bn |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 Bn | 14.96 Bn |
| 7 | Cardinal Health | 51.76 Bn | 35.76 Bn | 2.56 Bn | 6.00 Bn |
| 8 | Humana | 45.82 Bn | -41.98 Bn | 5.50 Bn | 33.88 Bn |
| 9 | Centene | 30.70 Bn | -59.59 Bn | 14.55 Bn | 38.74 Bn |
| 10 | Molina Healthcare | 9.83 Bn | -25.04 Bn | 1.43 Bn | 7.94 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 141.31 Bn |
| Mar 31, 2026 | 140.75 Bn |
| Dec 31, 2025 | 139.95 Bn |
| Sep 30, 2025 | 138.95 Bn |
| Jun 30, 2025 | 144.04 Bn |
| Mar 31, 2025 | 141.82 Bn |
| Dec 31, 2024 | 142.00 Bn |
| Sep 30, 2024 | 140.64 Bn |
| Jun 30, 2024 | 141.49 Bn |
| Mar 31, 2024 | 138.29 Bn |
| Dec 31, 2023 | 138.25 Bn |
| Sep 30, 2023 | 136.42 Bn |
| Jun 30, 2023 | 136.82 Bn |
| Mar 31, 2023 | 129.81 Bn |
| Dec 31, 2022 | 124.02 Bn |
| Sep 30, 2022 | 123.70 Bn |
| Jun 30, 2022 | 130.55 Bn |
| Mar 31, 2022 | 130.31 Bn |
| Dec 31, 2021 | 131.02 Bn |
| Sep 30, 2021 | 133.01 Bn |
Cvs Health Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=CVS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "CVS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=CVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();