Discontinued — last reported Q3 '23

Current Assets

Contract Assets

CVS Health Contract Assets increased by 7.2% to $11.22B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 13.5%, from $9.88B to $11.22B. Over 4 years (FY 2020 to FY 2024), Contract Assets shows an upward trend with a 8.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ3 2023

How to read this metric

An increase suggests strong project progress or service delivery ahead of billing cycles; a decrease may indicate slower project completion or faster billing.

Detailed definition

This represents the entity's right to consideration in exchange for goods or services that the entity has transferred to...

Peer comparison

Standard for companies with long-term service or construction-type contracts.

Metric ID: contract_assets

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
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
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%
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%
Range$7.93B$11.91B
CAGR+8.2%
Avg YoY Growth+7.8%
Median YoY Growth+8.2%
Current Streak3 quarters growth

Frequently Asked Questions

What is CVS Health's contract assets?
CVS Health (CVS) reported contract assets of $11.22B in Q3 2025.
How has CVS Health's contract assets changed year-over-year?
CVS Health's contract assets increased by 13.5% year-over-year, from $9.88B to $11.22B.
What is the long-term trend for CVS Health's contract assets?
Over 4 years (2020 to 2024), CVS Health's contract assets has grown at a 8.6% compound annual growth rate (CAGR), from $7.10B to $9.88B.
What does contract assets mean?
Revenue earned for work performed but not yet billed to the customer.