Cvs Health (CVS) Tax Rate (2009 - 2026)
Cvs Health's (CVS) quarterly Tax Rate came in at 24.91% in Q1 2026, down 700.0% YoY from 4.15% in Q1 2025, and up 121.5% on a QoQ basis from 115.88% in Q4 2025.
Cvs Health (CVS) Tax Rate (2009 - 2026) Analysis & Trends
Cvs Health (CVS) has 18 years of Tax Rate data on file, last reported at 24.91% in Q1 2026.
- Quarterly Tax Rate fell 700.0% year-over-year to 24.91% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 16.03% (down 1099.0% YoY) and the FY2025 annual result came in at 19.1%, down 631.0% from the prior year.
- Tax Rate improved to 24.91% in Q1 2026, from 115.88% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 38.49% in Q2 2025 to a low of 115.88% in Q4 2025.
- A 5-year average of 16.0% and a median of 24.98% in 2023 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 1415 bps in 2025, down 13954 bps in 2025.
- Tracing CVS's Tax Rate over 5 years: 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 | 346.93 Bn | 315.46 Bn | 36.67 Bn | 18.63% |
| 2 | Cvs Health | 119.91 Bn | 105.95 Bn | 47.23 Bn | 24.69% |
| 3 | Elevance Health | 86.25 Bn | 50.30 Bn | 13.45 Bn | 24.94% |
| 4 | Humana | 45.69 Bn | 21.82 Bn | 5.50 Bn | 25.00% |
| 5 | Centene | 31.66 Bn | 4.60 Bn | 14.55 Bn | 26.85% |
| 6 | Molina Healthcare | 10.12 Bn | 1.21 Bn | 1.43 Bn | 34.07% |
| 7 | Oscar Health | 9.48 Bn | 922.10 Mn | 1.09 Bn | 5.53% |
| 8 | Alignment Healthcare | 2.69 Bn | 1.99 Bn | 180.96 Mn | 3.35% |
| 9 | Clover Health Investments | 2.16 Bn | 1.92 Bn | 153.00 Mn | - |
| 10 | Progyny | 2.03 Bn | 1.79 Bn | 89.30 Mn | 31.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.69% |
| Jun 30, 2026 | 24.69% |
| Jun 30, 2026 | 24.69% |
| Mar 31, 2026 | 24.91% |
| Mar 31, 2026 | 24.91% |
| Mar 31, 2026 | 24.91% |
| Dec 31, 2025 | -115.88% |
| Dec 31, 2025 | -115.88% |
| Dec 31, 2025 | -115.88% |
| Sep 30, 2025 | -14.59% |
| Sep 30, 2025 | -14.59% |
| Sep 30, 2025 | -14.59% |
| Jun 30, 2025 | 38.49% |
| Jun 30, 2025 | 38.49% |
| Jun 30, 2025 | 38.49% |
| Mar 31, 2025 | 31.91% |
| Mar 31, 2025 | 31.91% |
| Mar 31, 2025 | 31.91% |
| Dec 31, 2024 | 23.66% |
| Dec 31, 2024 | 23.66% |