Cvs Health (CVS) Return on Capital Employed [ROCE] (2009 - 2026)
Cvs Health (CVS) reported Return on Capital Employed [ROCE] of 4.98% for Q2 2026, down 0.52 percentage points from 5.50% a year earlier but up 1.41 percentage points from the prior quarter.
Cvs Health (CVS) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Cvs Health posted Return on Capital Employed [ROCE] of 2.83%, down 2.27 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of -5.62 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 5.10% in FY2024 (-3.50 pp), 8.60% in FY2023 (+3.67 pp), 4.93% in FY2022 (-3.18 pp) and 8.11% in FY2021 (-0.34 pp).
- Five-year quarterly Return on Capital Employed [ROCE] spans a low of 2.81% in Q4 2025 and a high of 8.35% in Q2 2022.
- Year over year, Return on Capital Employed [ROCE] has now declined in each of the last eight quarters, with an average year-over-year change of -2.10 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q3 2023 (a gain of 4.10 percentage points); the low point was Q2 2023 (a drop of 4.47 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 3.58% (Q1 2026), 2.81% (Q4 2025) and 3.00% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 330.47 Bn | 215.10 Bn | 36.67 Bn | 10.87% |
| 2 | Cvs Health | 108.89 Bn | 61.49 Bn | 47.23 Bn | 4.98% |
| 3 | Mckesson | 104.86 Bn | 91.32 Bn | 3.69 Bn | 43.39% |
| 4 | Elevance Health | 82.79 Bn | -58.96 Bn | 13.45 Bn | -174.63% |
| 5 | Cigna | 70.83 Bn | 40.37 Bn | 14.97 Bn | 10.00% |
| 6 | Cencora | 59.11 Bn | 48.20 Bn | 3.61 Bn | 12.93% |
| 7 | Cardinal Health | 53.53 Bn | 37.53 Bn | 2.56 Bn | 19.96% |
| 8 | Humana | 45.57 Bn | -42.23 Bn | 5.50 Bn | 8.14% |
| 9 | Centene | 30.12 Bn | -60.16 Bn | 14.55 Bn | -13.64% |
| 10 | Henry Schein | 9.51 Bn | 10.25 Bn | 1.10 Bn | 8.66% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.98% |
| Mar 31, 2026 | 3.58% |
| Dec 31, 2025 | 2.81% |
| Sep 30, 2025 | 3.00% |
| Jun 30, 2025 | 5.50% |
| Mar 31, 2025 | 5.81% |
| Dec 31, 2024 | 5.06% |
| Sep 30, 2024 | 5.67% |
| Jun 30, 2024 | 7.29% |
| Mar 31, 2024 | 7.55% |
| Dec 31, 2023 | 8.02% |
| Sep 30, 2023 | 8.29% |
| Jun 30, 2023 | 3.88% |
| Mar 31, 2023 | 4.95% |
| Dec 31, 2022 | 4.96% |
| Sep 30, 2022 | 4.19% |
| Jun 30, 2022 | 8.35% |
| Mar 31, 2022 | 8.14% |
| Dec 31, 2021 | 8.01% |
| Sep 30, 2021 | 8.01% |
Cvs Health Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=CVS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=CVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();