SuperworthCVS Health profit margin CVS
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 1.2%
- Operating margin, 12 months
- 2.0%
- Net margin on a year earlier
- +0.0 pts
- Peer median
- 2.3%
Over the twelve months to Jun 30, 2026, CVS Health kept 1.2% of its revenue as net profit, with an operating margin of 2.0%.
Five years earlier its net margin was 2.6%.
The median for 5 health insurers of a similar size is 2.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 0.4% | 1.2% | n/a |
| FY2024 | 1.2% | 2.3% | n/a |
| FY2023 | 2.3% | 3.8% | n/a |
| FY2022 | 1.3% | 2.5% | n/a |
| FY2021 | 2.7% | 4.5% | n/a |
| FY2020 | 2.7% | 5.2% | n/a |
| FY2019 | 2.6% | 4.7% | n/a |
| FY2018 | −0.3% | 2.1% | 21.1% |
| FY2017 | 3.6% | 5.2% | 15.4% |
| FY2016 | 3.0% | 5.8% | 16.3% |
| FY2015 | 3.4% | 6.2% | 17.3% |
| FY2014 | 3.3% | 6.3% | 18.2% |
| FY2013 | 3.6% | 6.3% | 18.8% |
| FY2012 | 3.1% | 5.9% | 18.3% |
| FY2011 | 3.2% | 5.9% | 19.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 1.2% | +0.0 pts | 2.0% | |
| Q1 FY26 | 0.7% | −0.7 pts | 1.5% | |
| Q4 FY25 | 0.4% | −0.8 pts | 1.2% | |
| Q3 FY25 | 0.1% | −1.2 pts | 1.2% | |
| Q2 FY25 | 1.2% | −0.8 pts | 2.3% | |
| Q1 FY25 | 1.4% | −0.6 pts | 2.5% | |
| Q4 FY24 | 1.2% | −1.1 pts | 2.3% | |
| Q3 FY24 | 1.4% | −1.1 pts | 2.6% | |
| Q2 FY24 | 2.0% | +1.1 pts | 3.4% | |
| Q1 FY24 | 2.0% | +0.8 pts | 3.5% | |
| Q4 FY23 | 2.3% | +1.0 pts | 3.8% | |
| Q3 FY23 | 2.5% | +1.4 pts | 4.0% |
Against its peers
Companies in Medical - Healthcare Plans nearest CVS Health's size, closest first, today.
| Company | Profit margin |
|---|---|
| CVSCVS Health | 1.2% |
| ELVElevance Health | 2.5% |
| CICigna | 2.3% |
| HUMHumana | 0.9% |
| UNHUnitedHealth | 3.5% |
| CNCCentene | −2.5% |
| Peer median | 2.3% |
Where CVS Health ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on CVS Health
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.