CVS Health revenue and financials

CVS · NYSE · USD

$86.43Change from previous close: −0.67%Absolute change: −$0.58

Close · October 6, 2026

In the fiscal year ended December 2025, CVS Health reported revenue of $402.07B (+7.85% year over year). Net income was $1.77B, a net margin of 0.4%.

Annual revenue · 2025: $402.07B
  1. $177.55B2016
  2. $184.79B2017
  3. $194.58B2018
  4. $256.78B2019
  5. $268.71B2020
  6. $292.11B2021
  7. $322.47B2022
  8. $357.78B2023
  9. $372.81B2024
  10. $402.07B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+7.85%
2025 vs 2024
Net income growth
−61.68%
2025 vs 2024
Net margin
0.4%
2024: 1.2%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Annual
Item2025202420232022202120202019201820172016
Total assets253,538253,215249,728228,275232,999230,715222,449196,45695,13194,462
Current assets74,71468,64567,85865,68260,00856,36950,30245,24331,22931,042
Cash and equivalents8,4538,5868,19612,9459,4087,8545,6834,0591,6963,371
Short-term investments2,1452,4073,2592,7783,117—————
Receivables39,77936,46935,22727,27624,431—————
Inventory19,24618,10718,02519,09017,760—————
Net property, plant and equipment28,05628,93730,43530,74532,018—————
Goodwill85,47891,27291,27278,15079,12179,55279,74978,67838,45138,249
Other intangible assets25,50827,32329,23424,80329,026—————
Long-term investments32,66928,93423,01921,09623,025—————
Current liabilities88,69284,60979,18969,73667,80762,01753,30344,00930,64826,250
Accounts payable17,64115,89214,89714,83812,544—————
Long-term debt64,57066,27061,61052,25756,17664,64764,69973,42927,00225,700
Total debt79,95082,92079,38570,732——————
Total liabilities178,156177,485173,092156,960157,618161,014158,279137,913——
Total equity (incl. minority)75,38275,73076,63671,76975,381—————
Retained earnings61,19662,83761,60456,39854,906—————
Minority interest168170175300306—————