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 — GAAP Operating Margin by Quarter
Health Services — GAAP Operating Margin (%) (%)
Cvs Health Health Services — GAAP Operating Margin: 3.1% in Q2 2026, up 0.7 pts from a year earlier.
Latest, Q2 2026
3.1%
Period ended Jun 30, 2026
Change on a year earlier
+0.7 pts
2.4% in Q2 2025
History
32 quarters
Since Q3 2018
Sources
28
Documents cited below
Where the Q2 2026 figure comes from
“|| Operating income as a % of total revenues | 3.1 | % | 2.4 | % | 2.9 | % | 2.6 | %”
Source: CVS Health 10-Q (2026-08-05) ↗
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Health Services — GAAP Operating Margin (%) (%) | Year on year | Source |
|---|---|---|---|---|
| Q2 2026 | Jun 30, 2026 | 3.1% | +0.7 pts | CVS Health 10-Q (2026-08-05) ↗ |
| Q1 2026 | Mar 31, 2026 | 2.8% | 0.0 pts | CVS Health 10-Q (2026-05-06) ↗ |
| Q4 2025 | Dec 31, 2025 | 3.5% | -0.5 pts | CVS Health 8-K (2026-02-10) ↗ |
| Q3 2025 | Sep 30, 2025 | -7.9% | -12.6 pts | CVS Health 10-Q (2025-10-29) ↗ |
| Q2 2025 | Jun 30, 2025 | 2.4% | -1.8 pts | CVS Health 10-Q (2026-08-05) ↗ |
| Q1 2025 | Mar 31, 2025 | 2.8% | -0.2 pts | CVS Health 10-Q (2026-05-06) ↗ |
| Q4 2024 | Dec 31, 2024 | 4.0% | +0.5 pts | CVS Health 8-K (2026-02-10) ↗ |
| Q3 2024 | Sep 30, 2024 | 4.7% | +1.0 pts | CVS Health 10-Q (2025-10-29) ↗ |
| Q2 2024 | Jun 30, 2024 | 4.2% | +0.4 pts | CVS Health 10-Q (2025-07-31) ↗ |
| Q1 2024 | Mar 31, 2024 | 3.0% | -0.7 pts | CVS Health 10-Q (2025-05-01) ↗ |
| Q4 2023 | Dec 31, 2023 | 3.5% | -0.5 pts | CVS Health 8-K (2025-02-12) ↗ |
| Q3 2023 | Sep 30, 2023 | 3.7% | -0.1 pts | CVS Health 10-Q (2024-11-06) ↗ |
| Q2 2023 | Jun 30, 2023 | 3.8% | -0.4 pts | CVS Health 10-Q (2024-08-07) ↗ |
| Q1 2023 | Mar 31, 2023 | 3.7% | +0.1 pts | CVS Health 10-Q (2024-05-01) ↗ |
| Q4 2022 | Dec 31, 2022 | 4.0% | -0.5 pts | CVS Health 8-K (2024-02-07) ↗ |
| Q3 2022 | Sep 30, 2022 | 3.8% | -0.6 pts | CVS Health 10-Q (2023-11-01) ↗ |
| Q2 2022 | Jun 30, 2022 | 4.2% | -0.3 pts | CVS Health 10-Q (2023-08-02) ↗ |
| Q1 2022 | Mar 31, 2022 | 3.6% | -0.4 pts | CVS Health 10-Q (2023-05-03) ↗ |
| Q4 2021 | Dec 31, 2021 | 4.5% | +0.4 pts | CVS Health 8-K (2023-02-08) ↗ |
| Q3 2021 | Sep 30, 2021 | 4.4% | 0.0 pts | CVS Health 10-Q (2022-11-02) ↗ |
| Q2 2021 | Jun 30, 2021 | 4.5% | +0.9 pts | CVS Health 10-Q (2022-08-03) ↗ |
| Q1 2021 | Mar 31, 2021 | 4.0% | +0.8 pts | CVS Health 10-Q (2022-05-04) ↗ |
| Q4 2020 | Dec 31, 2020 | 4.1% | +0.5 pts | CVS Health 8-K (2022-02-09) ↗ |
| Q3 2020 | Sep 30, 2020 | 4.4% | +0.7 pts | CVS Health 10-Q (2021-11-03) ↗ |
| Q2 2020 | Jun 30, 2020 | 3.6% | +0.2 pts | CVS Health 10-Q (2021-08-04) ↗ |
| Q1 2020 | Mar 31, 2020 | 3.2% | +0.7 pts | CVS Health 10-Q (2021-05-04) ↗ |
| Q4 2019 | Dec 31, 2019 | 3.6% | -0.2 pts | CVS Health 8-K (2021-02-16) ↗ |
| Q3 2019 | Sep 30, 2019 | 3.7% | -0.1 pts | CVS Health 10-Q (2020-11-06) ↗ |
| Q2 2019 | Jun 30, 2019 | 3.4% | – | CVS Health 10-Q (2020-08-05) ↗ |
| Q1 2019 | Mar 31, 2019 | 2.5% | – | CVS Health 10-Q (2020-05-06) ↗ |
| Q4 2018 | Dec 31, 2018 | 3.8% | – | CVS Health 8-K (2020-02-12) ↗ |
| Q3 2018 | Sep 30, 2018 | 3.8% | – | CVS Health 8-K (2019-11-06) ↗ |
Cite this data
StockData. (2026). Cvs Health Health Services — GAAP Operating Margin (%), quarterly Q3 2018–Q2 2026 [Data set]. Compiled from Cvs Health SEC filings and investor materials. https://stockdatahq.com/stocks/cvs/kpis/hs-opinc-pct
See every metric in the Cvs Health KPI table. Data updated Oct 28, 2026.