Cvs Health (CVS) Tax Rate (2009 - 2026)
Cvs Health (CVS) reported Tax Rate of 24.91% for Q1 2026, down 700.0% on a YoY basis from 4.15% in Q1 2025, and up 121.5% quarter-over-quarter from 115.88% in Q4 2025.
Cvs Health (CVS) Tax Rate (2009 - 2026) Analysis & Trends
Cvs Health has reported Tax Rate for 18 years, with the latest figure at 24.91% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 700.0% year-over-year to 24.91%; the trailing twelve-month figure through Mar 2026 stood at 16.03% (down 1099.0% YoY), and the FY2025 full-year result was 19.1%, down 631.0% from the prior year.
- Tax Rate for Q1 2026 stood at 24.91%, up from 115.88% in the prior quarter.
- The five-year high for Tax Rate was 38.49% in Q2 2025, with the low at 115.88% in Q4 2025.
- Historically, Tax Rate has averaged 16.0% across 5 years, with a median of 24.98% in 2023.
- The largest YoY upside for Tax Rate was 1415 bps in 2025 against a maximum downside of 13954 bps in 2025.
- Cvs Health's Tax Rate stood at 25.97% in 2022, then dropped by 6 bps to 24.33% in 2023, then slipped by 3 bps to 23.66% in 2024, then tumbled by 590 bps to 115.88% in 2025, then surged by 121 bps to 24.91% in 2026.
- The last three Tax Rate figures came in at 24.91% (Q1 2026), 115.88% (Q4 2025), and 14.59% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | 18.61 |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 24.91 |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 23.61 |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | 18.02 |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 24.76 |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 26.68 |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 51.72 |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 2.83 |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 0.22 |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 Bn | 154.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.91% |
| Mar 31, 2026 | 24.91% |
| Dec 31, 2025 | -115.88% |
| Dec 31, 2025 | -115.88% |
| Sep 30, 2025 | -14.59% |
| Sep 30, 2025 | -14.59% |
| Jun 30, 2025 | 38.49% |
| Jun 30, 2025 | 38.49% |
| Mar 31, 2025 | 31.91% |
| Mar 31, 2025 | 31.91% |
| Dec 31, 2024 | 23.66% |
| Dec 31, 2024 | 23.66% |
| Sep 30, 2024 | 32.38% |
| Sep 30, 2024 | 32.38% |
| Jun 30, 2024 | 24.35% |
| Jun 30, 2024 | 24.35% |
| Mar 31, 2024 | 28.86% |
| Mar 31, 2024 | 28.86% |
| Dec 31, 2023 | 24.33% |
| Dec 31, 2023 | 24.33% |