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CVS Health CVS Free cash flow margin

Free cash flow margin at other companies

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5.1%+0.4pp
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1.7%-0.2pp
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4.4%-1.7pp
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LifeMD, Inc.LFMD
10.4%+1.7pp
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0.2%-1.8pp
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4.4%+3.8pp

Other financials

Income statement

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Revenue$100.43B+6.2%
Gross profit$45.0B+3.3%
Operating income$4.7B+38.7%
Net income$2.9B+65.4%
EPS (diluted)$2.30+63.1%

Balance sheet

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Cash & equivalents$9.8B-5.6%
Total debt$15.2B-14.2%
Total equity$77.5B+0.7%
Total assets$252.97B-1.0%

Cash flow

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Operating cash flow$4.2B-6.7%
CapEx$849.0M+14.3%
Free cash flow$3.4B-10.8%

Valuation

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Market cap$133.25B+71.0%
Enterprise value$138.71B+62.8%
P/E45.5×+28.2×
P/S0.3×+0.1×

Profitability

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Gross margin44.7%-0.1pp
Operating margin1.5%-1.1pp
Net margin0.7%-0.7pp

Returns & leverage

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Return on equity3.8%-3.2pp
Debt / equity0.2×0.0×
Current ratio0.9×0.0×

Where this comes from

Calculated from CVS Health’s reported figures.

Based on trailing twelve months.

The source filing: CVS Health’s 10-Q, filed May 6, 2026. Open the filing →

Filed
May 6, 2026, 6:33 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000064803-26-000052

FAQ

What is CVS Health's free cash flow margin?
CVS Health (CVS) reported free cash flow margin of 1.8% in Q1 2026.
What is the long-term trend for CVS Health's free cash flow margin?
Over 2 years (2020 to 2025), CVS Health's free cash flow margin has grown at a -37.7% compound annual growth rate (CAGR), from 5% to 1.9%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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