Current Assets
Contract Assets
CVS Health Contract Assets increased by 18.4% to $12.51B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.7%, from $10.45B to $12.51B. Over 5 years (FY 2020 to FY 2025), Contract Assets shows an upward trend with a 8.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026May 6, 2026
How to read this metric
A growing balance may indicate strong project progress, but excessive growth relative to revenue could signal potential billing or collection bottlenecks.
Detailed definition
Contract assets represent the company's right to consideration for work completed under a contract that has not yet been...
Peer comparison
Standard for firms using percentage-of-completion accounting; peers in construction often carry significant contract asset balances.
Metric ID:
contract_assetsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.02B | $8.40B | $7.93B | $8.73B | $9.08B | $8.02B | $8.98B | $9.23B | $9.95B | $10.42B | $11.91B | $10.59B | $9.79B | $9.88B | $9.88B | $10.45B | $10.47B | $11.22B | $10.56B | $12.51B |
| QoQ Change | — | +4.7% | -5.5% | +10.0% | +4.1% | -11.8% | +12.1% | +2.7% | +7.8% | +4.8% | +14.2% | -11.1% | -7.5% | +0.9% | -0.0% | +5.8% | +0.1% | +7.2% | -5.9% | +18.4% |
| YoY Change | — | — | — | — | +13.3% | -4.5% | +13.3% | +5.7% | +9.5% | +30.0% | +32.6% | +14.7% | -1.6% | -5.2% | -17.0% | -1.3% | +6.9% | +13.5% | +6.9% | +19.7% |
Range$7.93B – $12.51B
CAGR+9.8%
Avg YoY Growth+8.5%
Median YoY Growth+8.2%
Contract Assets at Other Companies
Frequently Asked Questions
- What is CVS Health's contract assets?
- CVS Health (CVS) reported contract assets of $12.51B in Q1 2026.
- How has CVS Health's contract assets changed year-over-year?
- CVS Health's contract assets increased by 19.7% year-over-year, from $10.45B to $12.51B.
- What is the long-term trend for CVS Health's contract assets?
- Over 5 years (2020 to 2025), CVS Health's contract assets has grown at a 8.3% compound annual growth rate (CAGR), from $7.10B to $10.56B.
- What does contract assets mean?
- Revenue earned from projects that has not yet been invoiced to the customer.