Cvs Health (CVS) Operating Leases (2019 - 2026)
Cvs Health's (CVS) quarterly Operating Leases came in at $13.3 billion in Q1 2026, down 8.66% YoY from $14.6 billion in Q1 2025, and down 2.29% on a QoQ basis from $13.6 billion in Q4 2025.
Cvs Health (CVS) Operating Leases (2019 - 2026) Analysis & Trends
Cvs Health (CVS) has 8 years of Operating Leases data on file, last reported at $13.3 billion in Q1 2026.
- Quarterly Operating Leases fell 8.66% year-over-year to $13.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $13.3 billion (down 8.66% YoY) and the FY2025 annual result came in at $13.6 billion, down 8.43% from the prior year.
- Operating Leases retreated to $13.3 billion in Q1 2026, from $13.6 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $17.8 billion in Q1 2022 to a low of $13.3 billion in Q1 2026.
- A 5-year average of $15.7 billion and a median of $15.7 billion in 2024 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2023 — Operating Leases fell 4.27% — and 2026, when it decreased 8.66%.
- Tracing CVS's Operating Leases over 5 years: stood at $16.8 billion in 2022, then dropped by 4.56% to $16.0 billion in 2023, then declined by 7.08% to $14.9 billion in 2024, then declined by 8.43% to $13.6 billion in 2025, then decreased by 2.29% to $13.3 billion in 2026.
- The last three Operating Leases figures came in at $13.3 billion (Q1 2026), $13.6 billion (Q4 2025), and $14.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 346.93 Bn | 315.46 Bn | 36.67 Bn |
| 2 | Cvs Health | 119.91 Bn | 105.95 Bn | 47.23 Bn |
| 3 | Elevance Health | 86.25 Bn | 50.30 Bn | 13.45 Bn |
| 4 | Humana | 45.69 Bn | 21.82 Bn | 5.50 Bn |
| 5 | Centene | 31.66 Bn | 4.60 Bn | 14.55 Bn |
| 6 | Molina Healthcare | 10.12 Bn | 1.21 Bn | 1.43 Bn |
| 7 | Oscar Health | 9.48 Bn | 922.10 Mn | 1.09 Bn |
| 8 | Alignment Healthcare | 2.69 Bn | 1.99 Bn | 180.96 Mn |
| 9 | Clover Health Investments | 2.16 Bn | 1.92 Bn | 153.00 Mn |
| 10 | Progyny | 2.03 Bn | 1.79 Bn | 89.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.98 Bn |
| Mar 31, 2026 | 13.33 Bn |
| Dec 31, 2025 | 13.64 Bn |
| Sep 30, 2025 | 14.01 Bn |
| Jun 30, 2025 | 14.33 Bn |
| Mar 31, 2025 | 14.59 Bn |
| Dec 31, 2024 | 14.90 Bn |
| Sep 30, 2024 | 15.26 Bn |
| Jun 30, 2024 | 15.54 Bn |
| Mar 31, 2024 | 15.74 Bn |
| Dec 31, 2023 | 16.03 Bn |
| Sep 30, 2023 | 16.44 Bn |
| Jun 30, 2023 | 16.61 Bn |
| Mar 31, 2023 | 16.57 Bn |
| Dec 31, 2022 | 16.80 Bn |
| Sep 30, 2022 | 17.17 Bn |
| Jun 30, 2022 | 17.50 Bn |
| Mar 31, 2022 | 17.79 Bn |
| Dec 31, 2021 | 18.18 Bn |
| Sep 30, 2021 | 18.46 Bn |