CVS HEALTH Corp
CVSNYSERetail-Drug Stores and Proprietary StoresFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026Score 12/3016% above fair value
$88.51−1.74 (-1.93%)
Close on Nov 2, 2026Market cap $113.20BP/E 23.5Yield 3.01%
Cvs Health Health Care Benefits by Year
Health Care Benefits — Medical Benefit Ratio (MBR %) (%)
Cvs Health Health Care Benefits: 91.2% in FY2025, down 1.3 pts from a year earlier.
Latest, FY2025
91.2%
Period ended Dec 31, 2025
Change on a year earlier
-1.3 pts
92.5% in FY2024
History
7 years
Since FY2019
Sources
5
Documents cited below
Where the FY2025 figure comes from
“|| MBR (Health care costs as a % of premium revenues) | 91.2 | % | 92.5 | % | 86.2% | (130) | bps | 630 | bps”
Source: CVS Health 10-K (2026-02-10) ↗
Health care costs divided by premium revenues for insured members.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Health Care Benefits — Medical Benefit Ratio (MBR %) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 91.2% | -1.3 pts | CVS Health 10-K (2026-02-10) ↗ |
| FY2024 | Dec 31, 2024 | 92.5% | +6.3 pts | CVS Health 10-K (2026-02-10) ↗ |
| FY2023 | Dec 31, 2023 | 86.2% | +2.4 pts | CVS Health 10-K (2026-02-10) ↗ |
| FY2022 | Dec 31, 2022 | 83.8% | -1.0 pts | CVS Health 10-K (2025-02-12) ↗ |
| FY2021 | Dec 31, 2021 | 84.8% | +3.9 pts | CVS Health 10-K (2024-02-07) ↗ |
| FY2020 | Dec 31, 2020 | 80.9% | -3.3 pts | CVS Health 10-K (2023-02-08) ↗ |
| FY2019 | Dec 31, 2019 | 84.2% | – | CVS Health 10-K (2022-02-09) ↗ |
Cite this data
StockData. (2026). Cvs Health Health Care Benefits (%), annual FY2019–FY2025 [Data set]. Compiled from Cvs Health SEC filings and investor materials. https://stockdatahq.com/stocks/cvs/kpis/hcb-mbr
See every metric in the Cvs Health KPI table. Data updated Oct 28, 2026.