Cvs Health (CVS) Tax Rate (2009 - 2026)
Cvs Health's Tax Rate came in at 24.69% for Q2 2026, down 13.80 percentage points from 38.49% a year earlier and down 0.22 percentage points from the prior quarter.
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Analysis
Cvs Health (CVS) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cvs Health reported Tax Rate of 15.59%, down 15.30 percentage points year-over-year; for FY2025, it came in at 19.10%, down 6.31 percentage points from FY2024.
- Tax Rate carries a five-year change of -7.19 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 25.41% in FY2024 (+0.30 pp), 25.11% in FY2023 (-0.75 pp), 25.86% in FY2022 (+1.68 pp) and 24.18% in FY2021 (-2.11 pp).
- The five-year range for quarterly Tax Rate is -115.88% (Q4 2025) to 38.49% (Q2 2025).
- Year-over-year, Tax Rate has declined for four consecutive quarters, with an average year-over-year change of -22.92 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2025 (a gain of 14.15 percentage points), and the weakest in Q4 2025 (a drop of 139.54 percentage points).
- Business Quant data shows CVS's Tax Rate at 24.91% (Q1 2026), -115.88% (Q4 2025) and -14.59% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 359.00 Bn | 239.64 Bn | 35.71 Bn | 22.16% |
| 2 | Mckesson | 123.95 Bn | 105.32 Bn | 3.96 Bn | 17.03% |
| 3 | Cvs Health | 111.19 Bn | 59.95 Bn | 47.21 Bn | 23.80% |
| 4 | Elevance Health | 91.22 Bn | -51.36 Bn | 13.65 Bn | 25.14% |
| 5 | Cigna | 78.47 Bn | 47.34 Bn | 15.09 Bn | 19.10% |
| 6 | Cencora | 66.32 Bn | 55.22 Bn | 3.61 Bn | 22.05% |
| 7 | Cardinal Health | 63.37 Bn | 46.54 Bn | 2.60 Bn | 19.19% |
| 8 | Humana | 51.41 Bn | -36.45 Bn | 5.50 Bn | 25.00% |
| 9 | Centene | 33.72 Bn | -60.99 Bn | 9.52 Bn | - |
| 10 | Molina Healthcare | 10.44 Bn | -24.56 Bn | 1.36 Bn | 28.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.80% |
| Jun 30, 2026 | 24.69% |
| Mar 31, 2026 | 24.91% |
| Jun 30, 2025 | 38.49% |
| Mar 31, 2025 | 31.91% |
| Dec 31, 2024 | 23.66% |
| Sep 30, 2024 | 32.38% |
| Jun 30, 2024 | 24.35% |
| Mar 31, 2024 | 28.86% |
| Dec 31, 2023 | 24.33% |
| Sep 30, 2023 | 24.98% |
| Jun 30, 2023 | 25.53% |
| Mar 31, 2023 | 25.60% |
| Dec 31, 2022 | 25.97% |
| Jun 30, 2022 | 26.40% |
| Mar 31, 2022 | 21.53% |
| Dec 31, 2021 | 17.78% |
| Sep 30, 2021 | 26.01% |
| Jun 30, 2021 | 25.27% |
| Mar 31, 2021 | 25.12% |
API Access
Cvs Health Tax Rate 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=tax-rate&ticker=CVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=CVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();