Equity

Retained Earnings

CVS Health Retained Earnings increased by 3.5% to $61.20B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 2.6%, from $62.84B to $61.20B. Over 5 years (FY 2020 to FY 2025), Retained Earnings shows an upward trend with a 4.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionEquity
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2025

How to read this metric

Consistent growth in retained earnings signals a profitable business model that can sustain itself without constant external capital raises.

Detailed definition

The cumulative amount of net income that has been reinvested in the business rather than distributed to shareholders as...

Peer comparison

Mature, highly profitable companies like Apple may actually see this decrease if they return more cash to shareholders via buybacks than they earn in net income.

Metric ID: retained_earnings

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$53.33B$54.26B$54.91B$56.49B$58.71B$54.57B$56.15B$57.75B$58.87B$60.34B$61.60B$61.87B$62.80B$62.04B$62.84B$63.77B$63.94B$59.11B$61.20B
QoQ Change+1.7%+1.2%+2.9%+3.9%-7.0%+2.9%+2.9%+1.9%+2.5%+2.1%+0.4%+1.5%-1.2%+1.3%+1.5%+0.3%-7.6%+3.5%
YoY Change+10.1%+0.6%+2.3%+2.2%+0.3%+10.6%+9.7%+7.1%+6.7%+2.8%+2.0%+3.1%+1.8%-4.7%-2.6%
Range$53.33B$63.94B
CAGR+3.1%
Avg YoY Growth+3.5%
Median YoY Growth+2.3%

Frequently Asked Questions

What is CVS Health's retained earnings?
CVS Health (CVS) reported retained earnings of $61.20B in Q4 2025.
How has CVS Health's retained earnings changed year-over-year?
CVS Health's retained earnings decreased by 2.6% year-over-year, from $62.84B to $61.20B.
What is the long-term trend for CVS Health's retained earnings?
Over 5 years (2020 to 2025), CVS Health's retained earnings has grown at a 4.3% compound annual growth rate (CAGR), from $49.64B to $61.20B.
What does retained earnings mean?
The total profits the company has kept and reinvested since it started, after paying out any dividends.