Health Care Benefits — Net investment income
CVS Health Health Care Benefits — Net investment income decreased by 7.4% to $475.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 19.6%, from $397.00M to $475.00M. Over 4 years (FY 2021 to FY 2025), Health Care Benefits — Net investment income shows an upward trend with a 32.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher income suggests effective asset management or a favorable interest rate environment, contributing to overall profitability.
Detailed definition
Income generated from the investment of premiums collected from policyholders before claims are paid. This reflects the...
Peer comparison
Common across all insurance-based business models; peers typically report this as part of non-operating income.
cvs_segment_health_care_benefits_net_investment_incomeHistorical Data
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $137.00M | $147.00M | $154.00M | $89.00M | $88.00M | $101.00M | $198.00M | $164.00M | $205.00M | $187.00M | $209.00M | $353.00M | $300.00M | $423.00M | $397.00M | $387.00M | $407.00M | $513.00M | $475.00M |
| QoQ Change | — | +7.3% | +4.8% | -42.2% | -1.1% | +14.8% | +96.0% | -17.2% | +25.0% | -8.8% | +11.8% | +68.9% | -15.0% | +41.0% | -6.1% | -2.5% | +5.2% | +26.0% | -7.4% |
| YoY Change | — | — | — | — | -35.8% | -31.3% | +28.6% | +84.3% | +133.0% | +85.1% | +5.6% | +115.2% | +46.3% | +126.2% | +90.0% | +9.6% | +35.7% | +21.3% | +19.6% |
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Frequently Asked Questions
- What is CVS Health's health care benefits — net investment income?
- CVS Health (CVS) reported health care benefits — net investment income of $475.00M in Q4 2025.
- How has CVS Health's health care benefits — net investment income changed year-over-year?
- CVS Health's health care benefits — net investment income increased by 19.6% year-over-year, from $397.00M to $475.00M.
- What is the long-term trend for CVS Health's health care benefits — net investment income?
- Over 4 years (2021 to 2025), CVS Health's health care benefits — net investment income has grown at a 32.1% compound annual growth rate (CAGR), from $586.00M to $1.78B.
- What does health care benefits — net investment income mean?
- Earnings generated from investing the cash held for insurance premiums.