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
DateValue
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%