Cvs Health CVS
NYSE CVS
$95.38 -0.69 (-0.72%)
As of: Sep 9, 2026 · 3:59 PM EDT

Cvs Health (CVS) Net Margin (2009 - 2026)

Cvs Health's (CVS) quarterly Net Margin came in at 2.82% in Q2 2026, up 180.0% on a YoY basis from 1.01% in Q2 2025, and down 4.13% quarter-over-quarter from 2.94% in Q1 2026.

Analysis

Cvs Health (CVS) Net Margin (2009 - 2026) Analysis & Trends

Cvs Health (CVS) has reported Net Margin for 18 consecutive years, with 2.82% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Net Margin rose 180.0% year-over-year to 2.82%; the trailing twelve-month figure through Jun 2026 stood at 1.18% (up 2.0% YoY), and the FY2025 full-year result was 0.43%, down 80.0% from the prior year.
  • Net Margin fell to 2.82% in Q2 2026 per CVS's latest filing, from 2.94% in the prior quarter.
  • Across five years, Net Margin topped out at 3.77% in Q2 2022 and bottomed at 4.19% in Q3 2022.
  • Historically, Net Margin has averaged 1.52% across 5 years, with a median of 2.17% in 2023.
  • The sharpest annual moves came in 2022 and 2023: Net Margin tumbled 634 bps in 2022, then jumped 671 bps in 2023.
  • Over 5 years, Net Margin stood at 2.78% in 2022, then dropped by 22 bps to 2.18% in 2023, then dropped by 24 bps to 1.66% in 2024, then soared by 66 bps to 2.77% in 2025, then advanced by 2 bps to 2.82% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 2.82%, 2.94%, and 2.77% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Unitedhealth 354.24 Bn 322.77 Bn 36.67 Bn 5.06%
2 Cvs Health 122.38 Bn 108.42 Bn 47.23 Bn 2.82%
3 Elevance Health 86.47 Bn 50.52 Bn 13.45 Bn 2.88%
4 Cigna 73.02 Bn 65.76 Bn 14.97 Bn 2.62%
5 Humana 48.22 Bn 24.35 Bn 5.50 Bn 1.75%
6 Centene 31.79 Bn 4.73 Bn 14.55 Bn 2.03%
7 Molina Healthcare 9.95 Bn 1.03 Bn 1.43 Bn 0.55%
8 Oscar Health 9.53 Bn 976.50 Mn 1.09 Bn 7.41%
9 Corvel 3.41 Bn 3.06 Bn - -
10 Alignment Healthcare 2.70 Bn 2.00 Bn 180.96 Mn 2.74%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.82%
Mar 31, 2026 2.94%
Dec 31, 2025 2.77%
Sep 30, 2025 -3.88%
Jun 30, 2025 1.02%
Mar 31, 2025 1.88%
Dec 31, 2024 1.66%
Sep 30, 2024 0.07%
Jun 30, 2024 1.94%
Mar 31, 2024 1.27%
Dec 31, 2023 2.18%
Sep 30, 2023 2.52%
Jun 30, 2023 2.15%
Mar 31, 2023 2.51%
Dec 31, 2022 2.78%
Sep 30, 2022 -4.19%
Jun 30, 2022 3.77%
Mar 31, 2022 3.07%
Dec 31, 2021 1.81%
Sep 30, 2021 2.15%