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CVS Health CVS Net margin

Net margin at other companies

Dollar General logo
Dollar GeneralDG
3.6%+0.8pp
Humana logo
HumanaHUM
3%-0.1pp
Walmart
 logo
Walmart WMT
3.1%+0.4pp
UnitedHealth Group logo
UnitedHealth GroupUNH
2.7%-2.7pp
Amazon logo
AmazonAMZN
10.6%+0.5pp
Centene logo
CenteneCNC
-3.3%-5.3pp

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$126.52B+7.0%
Enterprise value$131.99B+4.3%
P/E43.2×+20.7×
P/S0.3×0.0×

Profitability

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

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

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Questions, answered.

What is CVS Health's net margin?
CVS Health (CVS) reported net margin of 0.7% in Q1 2026.
How has CVS Health's net margin changed year-over-year?
CVS Health's net margin decreased by 48.4% year-over-year, from 1.4% to 0.7%.
What is the long-term trend for CVS Health's net margin?
Over 4 years (2021 to 2025), CVS Health's net margin has grown at a -26.5% compound annual growth rate (CAGR), from 10.7% to 3.1%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.