What is CVS Health's income tax?

CVS Health (CVS) reported income tax of $981M in Q1 2026.

How has CVS Health's income tax changed year-over-year?

CVS Health's income tax increased by 17.5% year-over-year, from $835M to $981M.

What is the long-term trend for CVS Health's income tax?

Over 3 years (2021 to 2024), CVS Health's income tax has grown at a -15.1% compound annual growth rate (CAGR), from $2.55B to $1.56B.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

CVS Health CVS Income Tax

Income Tax at other companies

Dollar GeneralDG

$147.15M+23.1%

HumanaHUM

$395M-2.7%

Walmart WMT

$1.66B+22.4%

UnitedHealth GroupUNH

$1.48B-9.2%

Option Care Health, Inc.OPCH

$15.66M-6.9%

AmazonAMZN

$9.56B+110%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$4.2B-6.7%

CapEx$849.0M+14.3%

Free cash flow$3.4B-10.8%

Valuation

See full

Market cap$133.54B+58.6%

Enterprise value$139B+51.7%

P/E45.6×+29.6×

P/S0.3×+0.1×

Profitability

See full

Gross margin44.7%-0.1pp

Operating margin1.5%-1.1pp

Net margin0.7%-0.7pp

FCF margin1.8%—

Returns & leverage

See full

Return on equity3.8%-3.2pp

Debt / equity0.2×0.0×

Current ratio0.9×0.0×

Where this comes from

Reported directly by CVS Health in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: CVS Health’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about CVS Health's income tax.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is CVS Health's income tax?: CVS Health (CVS) reported income tax of $981M in Q1 2026.
How has CVS Health's income tax changed year-over-year?: CVS Health's income tax increased by 17.5% year-over-year, from $835M to $981M.
What is the long-term trend for CVS Health's income tax?: Over 3 years (2021 to 2024), CVS Health's income tax has grown at a -15.1% compound annual growth rate (CAGR), from $2.55B to $1.56B.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.