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CVS Health CVS Liability for Unpaid Claims and Claims Adjustment Expense, Net

Liability for Unpaid Claims and Claims Adjustment Expense, Net at other companies

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Other financials

Income statement

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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

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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

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

Valuation

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

Profitability

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

Returns & leverage

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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 us-gaap:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet.

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 millionsSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Current year48,00748,791
Prior years11,80411,342
Total claims paid59,81160,133
Health care costs payable, end of the period, net16,20314,296
Add: Premium deficiency reserves15902
Add: Reinsurance recoverables112103
Add: Impact of discount rate on long-duration insurance reserves (1)(17)(30)
Health care costs payable, end of the period$16,313$15,271

Item 1.Financial Statements

FAQ

What is CVS Health's liability for unpaid claims and claims adjustment expense, net?
CVS Health (CVS) reported liability for unpaid claims and claims adjustment expense, net of $16.2B in Q2 2026.
How has CVS Health's liability for unpaid claims and claims adjustment expense, net changed year-over-year?
CVS Health's liability for unpaid claims and claims adjustment expense, net increased by 13.3% year-over-year, from $14.3B to $16.2B.
What is the long-term trend for CVS Health's liability for unpaid claims and claims adjustment expense, net?
Over 4 years (2020 to 2025), CVS Health's liability for unpaid claims and claims adjustment expense, net has grown at a 17.9% compound annual growth rate (CAGR), from $7.94B to $15.33B.
What does liability for unpaid claims and claims adjustment expense, net mean?
Liability for Unpaid Claims and Claims Adjustment Expense, Net

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