Skip to content
Screener

CVS Health CVS Pharmacy & Consumer Wellness — Adjusted operating income (loss)

Other segment segments

Health Care Benefits
$2.43B+85.5%
Health Services
$1.73B+10.0%
Corporate Other
-$413M

Similar metrics at other companies

Markel logo
MKLConsumer and Other — Adjusted operating income (loss)
$122.15M+20.3%
Science Applications International Corporation logo
SAICCivilian — Adjusted operating income (loss)
$68M+30.8%
Markel logo
MKLFinancial — Adjusted operating income (loss)
-$148.94M-290%
Markel logo
MKLIndustrial — Adjusted operating income (loss)
$75.43M-27.1%
Science Applications International Corporation logo
SAICCorporate Segment — Adjusted operating income (loss)
$7M+178%
Ingredion logo
INGRT&HS — Adjusted operating income (loss)
$100M+1.0%

Other financials

Income statement

See full
Revenue$106.10B+7.3%
Gross profit$47.2B+5.2%
Operating income$4.7B+97.5%
Net income$3.0B+192%
EPS (diluted)$2.31+189%

Balance sheet

See full
Cash & equivalents$11.5B-4.1%
Total debt$74.3B+286%
Total equity$79.7B+3.0%
Total assets$253.77B-1.8%

Cash flow

See full
Operating cash flow$6.3B+234%
CapEx$691.0M+13.8%
Free cash flow$5.7B+338%

Valuation

See full
Market cap$126.47B+57.0%
Enterprise value$189.28B+116%
P/E25.9×+8.1×
P/S0.3×+0.1×

Profitability

See full
Gross margin44.5%-0.3pp
Operating margin2%-0.3pp
Net margin1.2%0.0pp
FCF margin2.8%

Returns & leverage

See full
Return on equity6.2%+0.3pp
Debt / equity0.9×+0.7×
Current ratio0.9×+0.1×

Where this comes from

Reported directly by CVS Health in its filing.

Tagged under the XBRL concept cvs:AdjustedOperatingIncomeLoss.

The source filing: CVS Health’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 6:33 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000064803-26-000098
In millionsHealth Care BenefitsHealth Services (1)Pharmacy &Consumer WellnessCorporate/OtherConsolidated Totals
Cost of products sold47,90827,282
Health care costs30,6921,35044
Operating expenses, excluding other segment items (3)4,4188045,059595
Adjusted operating income (loss)$2,426$1,733$1,475$(477)$5,157
Reconciliation of principal measure of segment performance to consolidated operating income:
Amortization of intangible assets (4)431
Net realized capital losses (5)13
Acquisition-related integration costs (6)10

Item 1.Financial Statements

FAQ

What is CVS Health's pharmacy & consumer wellness — adjusted operating income (loss)?
CVS Health (CVS) reported pharmacy & consumer wellness — adjusted operating income (loss) of $1.48B in Q2 2026.
How has CVS Health's pharmacy & consumer wellness — adjusted operating income (loss) changed year-over-year?
CVS Health's pharmacy & consumer wellness — adjusted operating income (loss) increased by 10.2% year-over-year, from $1.34B to $1.48B.
What is the long-term trend for CVS Health's pharmacy & consumer wellness — adjusted operating income (loss)?
Over 4 years (2021 to 2025), CVS Health's pharmacy & consumer wellness — adjusted operating income (loss) has grown at a -5.7% compound annual growth rate (CAGR), from $7.62B to $6.04B.
What does pharmacy & consumer wellness — adjusted operating income (loss) mean?
This metric measures the profitability of the pharmacy and consumer wellness segment after excluding non-recurring items, restructuring charges, and other adjustments that do not reflect core operational performance. It serves as a primary indicator of the segment's ability to generate sustainable earnings from its retail pharmacy and consumer health activities. Investors use this to evaluate the segment's underlying business health and margin trends over time.

Ask your AI about CVS Health's pharmacy & consumer wellness — adjusted operating income (loss).

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude