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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 Pharmacy & Consumer Wellness by Year

Pharmacy & Consumer Wellness — Operating Expense Ratio (% of Revenues) (%)

QuarterlyAnnual

Cvs Health Pharmacy & Consumer Wellness: 15.0% in FY2025, down 0.8 pts from a year earlier. That is the lowest of the 9 years on record here.

Latest, FY2025
15.0%
Period ended Dec 31, 2025
Change on a year earlier
-0.8 pts
15.8% 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 | 15.0 | % | 15.8 | % | 16.8 | %”

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

PeriodEndedPharmacy & Consumer Wellness — Operating Expense Ratio (% of Revenues) (%)Year on yearSource
FY2025Dec 31, 202515.0%-0.8 ptsCVS Health 10-K (2026-02-10) ↗
FY2024Dec 31, 202415.8%-1.0 ptsCVS Health 10-K (2026-02-10) ↗
FY2023Dec 31, 202316.8%-2.1 ptsCVS Health 10-K (2026-02-10) ↗
FY2022Dec 31, 202218.9%-0.5 ptsCVS Health 10-K (2025-02-12) ↗
FY2021Dec 31, 202119.4%-0.6 ptsCVS Health 10-K (2024-02-07) ↗
FY2020Dec 31, 202020.0%-0.7 ptsCVS Health 10-K (2023-02-08) ↗
FY2019Dec 31, 201920.7%+0.1 ptsCVS Health 10-K (2022-02-09) ↗
FY2018Dec 31, 201820.6%-0.3 ptsCVS Health 10-K (2021-02-16) ↗
FY2017Dec 31, 201720.9%–CVS Health 10-K (2020-02-18) ↗

Cite this data

StockData. (2026). Cvs Health Pharmacy & Consumer Wellness (%), annual FY2017–FY2025 [Data set]. Compiled from Cvs Health SEC filings and investor materials. https://stockdatahq.com/stocks/cvs/kpis/pcw-opex-pct

See every metric in the Cvs Health KPI table. Data updated Oct 28, 2026.