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 Services by Year
Health Services — Operating Expense Ratio (% of Revenues) (%)
Cvs Health Health Services: 2.1% in FY2025, up 0.2 pts from a year earlier. That is the highest of the 9 years on record here.
Latest, FY2025
2.1%
Period ended Dec 31, 2025
Change on a year earlier
+0.2 pts
1.9% in FY2024
History
9 years
Since FY2017
Sources
7
Documents cited below
Where the FY2025 figure comes from
“|| Operating expenses as a % of total revenues | 2.1 | % | 1.9 | % | 1.6 | %”
Source: CVS Health 10-K (2026-02-10) ↗
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Health Services — Operating Expense Ratio (% of Revenues) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2.1% | +0.2 pts | CVS Health 10-K (2026-02-10) ↗ |
| FY2024 | Dec 31, 2024 | 1.9% | +0.3 pts | CVS Health 10-K (2026-02-10) ↗ |
| FY2023 | Dec 31, 2023 | 1.6% | +0.3 pts | CVS Health 10-K (2026-02-10) ↗ |
| FY2022 | Dec 31, 2022 | 1.3% | -0.2 pts | CVS Health 10-K (2025-02-12) ↗ |
| FY2021 | Dec 31, 2021 | 1.5% | +0.5 pts | CVS Health 10-K (2024-02-07) ↗ |
| FY2020 | Dec 31, 2020 | 1.0% | -0.1 pts | CVS Health 10-K (2023-02-08) ↗ |
| FY2019 | Dec 31, 2019 | 1.1% | +0.1 pts | CVS Health 10-K (2022-02-09) ↗ |
| FY2018 | Dec 31, 2018 | 1.0% | 0.0 pts | CVS Health 10-K (2021-02-16) ↗ |
| FY2017 | Dec 31, 2017 | 1.0% | – | CVS Health 10-K (2020-02-18) ↗ |
Cite this data
StockData. (2026). Cvs Health Health Services (%), annual FY2017–FY2025 [Data set]. Compiled from Cvs Health SEC filings and investor materials. https://stockdatahq.com/stocks/cvs/kpis/hs-opex-pct
See every metric in the Cvs Health KPI table. Data updated Oct 28, 2026.