Cvs Health (CVS) Payables (2009 - 2026)
Cvs Health (CVS) reported Payables of $16.9 billion for Q1 2026, down 4.9% on a YoY basis from $17.8 billion in Q1 2025, and down 4.08% quarter-over-quarter from $17.6 billion in Q4 2025.
Cvs Health (CVS) Payables (2009 - 2026) Analysis & Trends
Cvs Health has reported Payables for 18 years, with the latest figure at $16.9 billion in Q1 2026.
- For the quarter ending Q1 2026, Payables fell 4.9% year-over-year to $16.9 billion; the trailing twelve-month figure through Mar 2026 stood at $16.9 billion (down 4.9% YoY), and the FY2025 full-year result was $17.6 billion, down 2.05% from the prior year.
- Payables for Q1 2026 stood at $16.9 billion, down from $17.6 billion in the prior quarter.
- The five-year high for Payables was $20.3 billion in Q2 2025, with the low at $12.5 billion in Q1 2023.
- Historically, Payables has averaged $15.8 billion across 5 years, with a median of $15.1 billion in 2023.
- Annual changes were most pronounced in 2025 — Payables surged 40.8% — and 2026, when it fell 4.9%.
- Cvs Health's Payables stood at $14.8 billion in 2022, then advanced by 1.75% to $15.1 billion in 2023, then increased by 19.3% to $18.0 billion in 2024, then dropped by 2.05% to $17.6 billion in 2025, then declined by 4.08% to $16.9 billion in 2026.
- The last three Payables figures came in at $16.9 billion (Q1 2026), $17.6 billion (Q4 2025), and $19.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | 38.63 Bn |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 16.92 Bn |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 6.93 Bn |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | 9.88 Bn |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 6.83 Bn |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 16.83 Bn |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 1.16 Bn |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 505.94 Mn |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 34.50 Mn |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 Bn | 154.54 Mn | 39.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.92 Bn |
| Dec 31, 2025 | 17.64 Bn |
| Sep 30, 2025 | 19.01 Bn |
| Jun 30, 2025 | 20.30 Bn |
| Mar 31, 2025 | 17.79 Bn |
| Dec 31, 2024 | 18.01 Bn |
| Sep 30, 2024 | 16.51 Bn |
| Jun 30, 2024 | 14.42 Bn |
| Mar 31, 2024 | 16.44 Bn |
| Dec 31, 2023 | 15.10 Bn |
| Sep 30, 2023 | 14.87 Bn |
| Jun 30, 2023 | 14.37 Bn |
| Mar 31, 2023 | 12.53 Bn |
| Dec 31, 2022 | 14.84 Bn |
| Sep 30, 2022 | 13.93 Bn |
| Jun 30, 2022 | 13.24 Bn |
| Mar 31, 2022 | 12.74 Bn |
| Dec 31, 2021 | 12.54 Bn |
| Sep 30, 2021 | 12.70 Bn |
| Jun 30, 2021 | 11.05 Bn |