Cvs Health (CVS) Operating Leases (2019 - 2026)
Cvs Health (CVS) posted Operating Leases of $13.3 billion for Q1 2026, down 2.29% on a QoQ basis from $13.6 billion in Q4 2025, and down 8.66% year-over-year from $14.6 billion in Q1 2025.
Cvs Health (CVS) Operating Leases (2019 - 2026) Analysis & Trends
Cvs Health's Operating Leases history runs 8 years deep, the most recent figure standing at $13.3 billion for 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 was $13.3 billion for Q1 2026 at Cvs Health, down from $13.6 billion in the prior quarter.
- Across five years, Operating Leases topped out at $17.8 billion in Q1 2022 and bottomed at $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 slipped 4.27% — and 2026, when it declined 8.66%.
- Cvs Health's Operating Leases stood at $16.8 billion in 2022, then fell by 4.56% to $16.0 billion in 2023, then retreated by 7.08% to $14.9 billion in 2024, then retreated by 8.43% to $13.6 billion in 2025, then dropped by 2.29% to $13.3 billion in 2026.
- Business Quant data shows CVS's Operating Leases at $13.3 billion in Q1 2026, $13.6 billion in Q4 2025, and $14.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 384.70 Bn | 354.90 Bn | 38.23 Bn |
| 2 | Cvs Health | 136.05 Bn | 124.42 Bn | 22.85 Bn |
| 3 | Elevance Health | 82.25 Bn | 46.44 Bn | 35.79 Bn |
| 4 | Cigna | 75.16 Bn | 67.54 Bn | -44.29 Bn |
| 5 | Humana | 47.47 Bn | 25.57 Bn | 5.94 Bn |
| 6 | Centene | 31.35 Bn | 7.64 Bn | 43.95 Bn |
| 7 | Molina Healthcare | 10.44 Bn | 1.19 Bn | 1.43 Bn |
| 8 | Oscar Health | 8.62 Bn | 1.83 Bn | 1.42 Bn |
| 9 | Alignment Healthcare | 4.13 Bn | 3.41 Bn | 144.48 Mn |
| 10 | Progyny | 2.48 Bn | 2.26 Bn | 83.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 18.51 Bn |