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Current Assets

Inventories

CVS Health Inventories decreased by 7.7% to $17.77B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $17.39B to $17.77B. Over 5 years (FY 2020 to FY 2025), Inventories shows relatively stable performance with a 0.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 6, 2026

How to read this metric

Increasing inventory may signal expected growth or supply chain bottlenecks, while decreasing inventory may indicate strong sales or supply shortages.

Detailed definition

This includes the value of raw materials, work-in-progress, and finished goods held by the company for sale in the ordin...

Peer comparison

Highly comparable across retail and pharmacy sectors; inventory turnover ratios are the standard benchmark.

Metric ID: inventories

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$16.98B$17.4B$17.76B$18.16B$17.38B$18.06B$19.09B$18.26B$17.29B$17.95B$18.03B$16.35B$16.07B$17.65B$18.11B$17.39B$17.45B$18.96B$19.25B$17.77B
QoQ Change+2.5%+2.1%+2.3%-4.3%+3.9%+5.7%-4.3%-5.3%+3.8%+0.4%-9.3%-1.7%+9.8%+2.6%-4.0%+0.4%+8.7%+1.5%-7.7%
YoY Change+2.3%+3.8%+7.5%+0.6%-0.5%-0.6%-5.6%-10.5%-7.1%-1.7%+0.5%+6.4%+8.6%+7.4%+6.3%+2.2%
Range$16.07B$19.25B
CAGR+1.0%
Avg YoY Growth+1.2%
Median YoY Growth+1.4%

Frequently Asked Questions

What is CVS Health's inventories?
CVS Health (CVS) reported inventories of $17.77B in Q1 2026.
How has CVS Health's inventories changed year-over-year?
CVS Health's inventories increased by 2.2% year-over-year, from $17.39B to $17.77B.
What is the long-term trend for CVS Health's inventories?
Over 5 years (2020 to 2025), CVS Health's inventories has grown at a 0.8% compound annual growth rate (CAGR), from $18.5B to $19.25B.
What does inventories mean?
The total value of all products and materials the company currently has in stock.