Cvs Health (CVS) Tax Rate (2009 - 2026)
Cvs Health's (CVS) quarterly Tax Rate came in at 24.69% in Q2 2026, down 1380.0% on a YoY basis from 1.93% in Q2 2025, and down 0.88% quarter-over-quarter from 24.91% in Q1 2026.
Analysis
Cvs Health (CVS) Tax Rate (2009 - 2026) Analysis & Trends
Cvs Health (CVS) has reported Tax Rate for 18 consecutive years, with 24.69% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 1380.0% year-over-year to 24.69%; the trailing twelve-month figure through Jun 2026 stood at 15.59% (down 1530.0% YoY), and the FY2025 full-year result was 19.1%, down 631.0% from the prior year.
- Tax Rate fell to 24.69% in Q2 2026 per CVS's latest filing, from 24.91% in the prior quarter.
- Across five years, Tax Rate topped out at 38.49% in Q2 2025 and bottomed at 115.88% in Q4 2025.
- Historically, Tax Rate has averaged 16.48% across 5 years, with a median of 24.94% in 2023.
- The widest YoY moves for Tax Rate: up 1415 bps in 2025, down 13954 bps in 2025.
- Over 5 years, Tax Rate stood at 25.97% in 2022, then fell by 6 bps to 24.33% in 2023, then declined by 3 bps to 23.66% in 2024, then sank by 590 bps to 115.88% in 2025, then soared by 121 bps to 24.69% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 24.69%, 24.91%, and 115.88% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 354.24 Bn | 322.77 Bn | 36.67 Bn | 18.63% |
| 2 | Cvs Health | 122.38 Bn | 108.42 Bn | 47.23 Bn | 24.69% |
| 3 | Elevance Health | 86.47 Bn | 50.52 Bn | 13.45 Bn | 24.94% |
| 4 | Cigna | 73.02 Bn | 65.76 Bn | 14.97 Bn | 16.93% |
| 5 | Humana | 48.22 Bn | 24.35 Bn | 5.50 Bn | 25.00% |
| 6 | Centene | 31.79 Bn | 4.73 Bn | 14.55 Bn | 26.85% |
| 7 | Molina Healthcare | 9.95 Bn | 1.03 Bn | 1.43 Bn | 34.07% |
| 8 | Oscar Health | 9.53 Bn | 976.50 Mn | 1.09 Bn | 5.53% |
| 9 | Corvel | 3.41 Bn | 3.06 Bn | - | - |
| 10 | Alignment Healthcare | 2.70 Bn | 2.00 Bn | 180.96 Mn | 3.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.69% |
| Mar 31, 2026 | 24.91% |
| Dec 31, 2025 | -115.88% |
| Sep 30, 2025 | -14.59% |
| 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% |
| Sep 30, 2022 | 23.51% |
| Jun 30, 2022 | 26.40% |
| Mar 31, 2022 | 21.53% |
| Dec 31, 2021 | 17.78% |
| Sep 30, 2021 | 26.01% |