US · USD
CVS
CVS Health Corp
- Day's range
- $84.23 – $86.26
- Day's volume
- $267.1M
- 52-week range
- $69.04 – $109.92
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Create a free accountCVS in numbers
- Market cap
- $108.8B
- P/E
- 22.28
- P/B
- 1.37
- Dividend yield (12m)
- 3.12%
The 12-month dividend yield of CVS is 3.12%, below its 5-year average of 3.33%.
CVS price history
CVS risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +11.45% | +37.12% | +11.88% |
| Volatility (annualized) | 31.80% | 36.92% | 31.97% |
| Largest drawdown | -18.56% | -41.89% | -53.90% |
| Positive months | 7/12 | 19/36 | 28/60 |
How much did investing in CVS return?
$1,000.00 invested on 10/01/2021 would be worth $1,119.95 today.
- Value today in CVS
- $1,119.95
- Return over the period
- +11.99%
- Return per year
- +2.29%
- In the S&P 500
- $1,664.67
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
CVS fundamentals
Valuation
- P/E22.28
- P/B1.37
- EV/EBITDA8.49
- EV/EBIT13.12
- EV/Revenue0.26
- P/EBIT13.12
- P/S0.26
- P/OCF7.36
- P/FCF9.25
- Earnings yield7.62%
- PEG ratio—
- Earnings per share$3.82
- Book value per share$62.32
Debt
- Net debt—
- Net debt/EBITDA—
- Net debt/Equity—
- Debt/Equity—
- Current ratio0.87
- Quick ratio0.66
- Cash ratio0.16
Efficiency
- Gross margin44.49%
- EBITDA margin3.09%
- Operating margin2.00%
- Net margin1.18%
- Asset turnover1.64
Profitability
- ROE6.14%
- ROA1.93%
- ROIC8.78%
- Payout69.57%
Growth
- Revenue CAGR (5 years)8.32%
- Earnings CAGR (5 years)-7.45%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is CVS's fair price?
Two classic value formulas, with today's numbers. The current price is $85.20.
- Graham's fair price
- $73.22
- 14.06% below the price
√(22.50 × $3.82 × $62.32)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $39.80
- 53.29% below the price
$2.39 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
CVS's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 57.11 | 12.27 | 11.91 | 27.76 | 16.92 | 12.48 | 14.60 | -143.07 |
| P/B | 1.34 | 0.75 | 1.30 | 1.67 | 1.82 | 1.29 | 1.52 | 1.46 |
| EV/EBITDA | 9.75 | 3.80 | 4.88 | 8.54 | 7.61 | 4.29 | 9.62 | 22.53 |
| Dividend yield | 3.35% | 5.93% | 3.06% | 2.36% | 1.94% | 2.93% | 2.69% | 3.05% |
| Earnings per share | $1.39 | $3.66 | $6.63 | $3.36 | $6.10 | $5.47 | $5.09 | -$0.46 |
| Book value per share | $59.12 | $59.93 | $60.76 | $55.66 | $56.79 | $52.91 | $48.97 | $44.89 |
| ROE | 2.35% | 6.11% | 10.91% | 6.03% | 10.73% | 10.35% | 10.39% | -1.02% |
| ROIC | 5.83% | 9.23% | 15.74% | 10.58% | 13.54% | 17.52% | 7.11% | 0.00% |
| Gross margin | 44.99% | 44.67% | 39.32% | 38.94% | 39.82% | 38.97% | 38.19% | 19.32% |
| EBITDA margin | 2.30% | 3.52% | 5.06% | 3.78% | 6.09% | 6.83% | 6.37% | 3.48% |
| Net margin | 0.44% | 1.24% | 2.33% | 1.34% | 2.74% | 2.67% | 2.58% | -0.31% |
| Net debt/EBITDA | -1.14 | -0.52 | -0.61 | -1.29 | — | -0.59 | 3.69 | 9.92 |
CVS's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $402.1B | $372.8B | $357.8B | $322.5B | $292.1B | $268.7B |
| Cost of revenue | -$221.2B | -$206.3B | -$217.1B | -$196.9B | -$175.8B | -$164B |
| Gross profit | $180.9B | $166.5B | $140.7B | $125.6B | $116.3B | $104.7B |
| EBITDA | $9.3B | $13.1B | $18.1B | $12.2B | $17.8B | $18.4B |
| EBIT | $4.7B | $8.5B | $13.7B | $8B | $13.3B | $13.9B |
| Financial result | — | — | — | — | — | — |
| Income before tax | $2.1B | $6.1B | $11.2B | $5.8B | $10.5B | $9.8B |
| Income tax | -$408M | -$1.6B | -$2.8B | -$1.5B | -$2.5B | -$2.6B |
| Net income | $1.8B | $4.6B | $8.3B | $4.3B | $8B | $7.2B |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does CVS pay dividends?
Dividend yield per year
- 2.76%2017
- 3.05%2018
- 2.69%2019
- 2.93%2020
- 1.94%2021
- 2.36%2022
- 3.06%2023
- 5.93%2024
- 3.35%2025
- 2.35%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 07/22/2026 | 08/03/2026 | $0.67 |
| Dividend | 04/22/2026 | 05/04/2026 | $0.67 |
| Dividend | 01/21/2026 | 02/02/2026 | $0.67 |
| Dividend | 10/22/2025 | 11/03/2025 | $0.67 |
| Dividend | 07/21/2025 | 08/01/2025 | $0.67 |
| Dividend | 04/21/2025 | 05/01/2025 | $0.67 |
| Dividend | 01/22/2025 | 02/03/2025 | $0.67 |
| Dividend | 10/18/2024 | 11/01/2024 | $0.67 |
| Dividend | 07/19/2024 | 08/01/2024 | $0.67 |
| Dividend | 04/18/2024 | 05/01/2024 | $0.67 |
| Dividend | 01/18/2024 | 02/01/2024 | $0.67 |
| Dividend | 10/18/2023 | 11/01/2023 | $0.61 |
See all 40 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 07/19/2023 | 08/01/2023 | $0.61 |
| Dividend | 04/19/2023 | 05/01/2023 | $0.61 |
| Dividend | 01/18/2023 | 02/01/2023 | $0.61 |
| Dividend | 10/19/2022 | 11/01/2022 | $0.55 |
| Dividend | 07/20/2022 | 08/01/2022 | $0.55 |
| Dividend | 04/20/2022 | 05/02/2022 | $0.55 |
| Dividend | 01/19/2022 | 02/01/2022 | $0.55 |
| Dividend | 10/20/2021 | 11/01/2021 | $0.50 |
| Dividend | 07/21/2021 | 08/02/2021 | $0.50 |
| Dividend | 04/21/2021 | 05/03/2021 | $0.50 |
| Dividend | 01/20/2021 | 02/01/2021 | $0.50 |
| Dividend | 10/20/2020 | 11/02/2020 | $0.50 |
| Dividend | 07/21/2020 | 08/03/2020 | $0.50 |
| Dividend | 04/21/2020 | 05/04/2020 | $0.50 |
| Dividend | 01/21/2020 | 02/03/2020 | $0.50 |
| Dividend | 10/22/2019 | 11/04/2019 | $0.50 |
| Dividend | 07/23/2019 | 08/02/2019 | $0.50 |
| Dividend | 04/19/2019 | 05/03/2019 | $0.50 |
| Dividend | 01/23/2019 | 02/04/2019 | $0.50 |
| Dividend | 10/22/2018 | 11/01/2018 | $0.50 |
| Dividend | 07/23/2018 | 08/01/2018 | $0.50 |
| Dividend | 04/19/2018 | 05/03/2018 | $0.50 |
| Dividend | 01/22/2018 | 02/02/2018 | $0.50 |
| Dividend | 10/20/2017 | 11/03/2017 | $0.50 |
| Dividend | 07/19/2017 | 08/03/2017 | $0.50 |
| Dividend | 04/18/2017 | 05/01/2017 | $0.50 |
| Dividend | 01/19/2017 | 02/02/2017 | $0.50 |
| Dividend | 10/19/2016 | 11/03/2016 | $0.43 |
About Cvs Health
- Sector
- Retail
Questions about CVS
How much is CVS today?
CVS is at $85.20 (-0.57% on the day), last traded on 10/01/2026.
How much did CVS pay in dividends in 2025?
CVS paid $2.66 per share in 2025, a dividend yield of 3.35%.
What are the P/E and P/B of CVS?
CVS trades at a P/E of 22.28 and a P/B of 1.37.
How much did CVS return in 12 months?
CVS returned 11.45% in 12 months, with annualized volatility of 31.80% and a largest drawdown of -18.56%.