CVS Health (CVS) Stock Analysis
Here is a fundamental analysis of CVS Health (CVS), benchmarking its profitability, financial strength, dividend and valuation against its industry group peers.
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | Current stock: CVS | Industry group median |
|---|---|---|
| 1-Year Return | 59.29% | 6.07% |
Risk
Drawdown
Risk at a Glance
| Metric | Current stock: CVS | Industry group median |
|---|---|---|
| 1-Year Volatility | 31.11% | 49.54% |
| Beta | 0.60 | 0.89 |
Company Profile
| Profile Item | CVS |
|---|---|
| Name | CVS Health Corporation |
| Country/Region | United States |
| GICS Sector | Health Care |
| GICS Industry Group | Health Care Equipment & Services |
| GICS Industry | Health Care Providers & Services |
| GICS Sub-Industry | Health Care Services |
| Market Capitalization | 130.09 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | February 21, 1973 |
| Security Type | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
CVS Health (CVS) trades at P/E ratio of 44.72, in the richer earnings-multiple quartile for its industry. That premium needs support from growth, durable earnings, or stronger business quality.
CVS
Health Care Equipment & Services industry group
44.72
Group distribution
- Max
- 80.40
- CVS
- 44.72
- Q3
- 44.58
- Median
- 28.09
- Q1
- 19.76
- Min
- 0.91
Largest peers
- ISRG
- 50.01
- CVS
- 44.72
- SYK
- 36.09
- UNH
- 30.76
- ABT
- 24.70
- MDT
- 21.50
- MCK
- 20.41
Price-to-Sales Ratio (TTM)
CVS Health (CVS) trades at 0.32 on P/S ratio, in the lower sales-valuation quartile for its industry. That points to a cheaper revenue stream than most peers, with margin quality still doing the heavy lifting.
CVS
Health Care Equipment & Services industry group
0.32
Group distribution
- Max
- 8.62
- Q3
- 4.20
- Median
- 1.94
- Q1
- 1.01
- CVS
- 0.32
- Min
- 0.04
Largest peers
- ISRG
- 13.76
- SYK
- 4.74
- ABT
- 3.40
- MDT
- 2.83
- UNH
- 0.82
- CVS
- 0.32
- MCK
- 0.23
Price-to-Book Ratio (MRQ)
CVS Health (CVS) trades at 1.68 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.
CVS
Health Care Equipment & Services industry group
1.68
Group distribution
- Max
- 11.03
- Q3
- 5.50
- Median
- 2.78
- CVS
- 1.68
- Q1
- 1.47
- Min
- -2.18
Largest peers
- ISRG
- 8.34
- SYK
- 5.33
- UNH
- 3.79
- ABT
- 2.95
- MDT
- 2.10
- CVS
- 1.68
- MCK
- -43.32
Valuation at a Glance
| Metric | Current stock: CVS | Industry group median |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 44.72 | 28.09 |
| Price-to-Sales Ratio (TTM) | 0.32 | 1.94 |
| Price-to-Book Ratio (MRQ) | 1.68 | 2.78 |
| Free Cash Flow Yield | 4.00% | 4.00% |
Profitability
Return on Equity (TTM)
CVS Health (CVS) posts ROE of 3.75%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.
CVS
Health Care Equipment & Services industry group
3.75%
Group distribution
- Max
- 53.65%
- Q3
- 12.73%
- CVS
- 3.75%
- Median
- 3.57%
- Q1
- -17.96%
- Min
- -59.21%
Largest peers
- ISRG
- 17.23%
- SYK
- 15.20%
- ABT
- 12.33%
- UNH
- 12.18%
- MDT
- 9.93%
- CVS
- 3.75%
- MCK
- --
Net Profit Margin (TTM)
CVS Health (CVS) keeps 0.72% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.
CVS
Health Care Equipment & Services industry group
0.72%
Group distribution
- Max
- 30.40%
- Q3
- 7.96%
- Median
- 1.27%
- CVS
- 0.72%
- Q1
- -9.77%
- Min
- -34.34%
Largest peers
- ISRG
- 28.15%
- ABT
- 13.91%
- SYK
- 13.21%
- MDT
- 13.20%
- UNH
- 2.68%
- MCK
- 1.18%
- CVS
- 0.72%
Operating Profit Margin (TTM)
CVS Health (CVS) turns 4.12% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.
CVS
Health Care Equipment & Services industry group
4.12%
Group distribution
- Max
- 35.33%
- Q3
- 11.89%
- Median
- 5.44%
- CVS
- 4.12%
- Q1
- -4.59%
- Min
- -25.61%
Largest peers
- ISRG
- 30.87%
- MDT
- 21.30%
- SYK
- 17.82%
- ABT
- 13.47%
- UNH
- 8.05%
- CVS
- 4.12%
- MCK
- 2.21%
Profitability at a Glance
| Metric | Current stock: CVS | Industry group median |
|---|---|---|
| Return on Equity (TTM) | 3.75% | 3.57% |
| Return on Assets (TTM) | 2.67% | 3.10% |
| Net Profit Margin (TTM) | 0.72% | 1.27% |
| Operating Profit Margin (TTM) | 4.12% | 5.44% |
| Gross Profit Margin (TTM) | 13.39% | 52.99% |
Financial Strength
Current Ratio (MRQ)
CVS Health (CVS) has current ratio of 0.87, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.
CVS
Health Care Equipment & Services industry group
0.87
Group distribution
- Max
- 7.79
- Q3
- 4.29
- Median
- 1.95
- Q1
- 1.33
- CVS
- 0.87
- Min
- 0.04
Largest peers
- ISRG
- 4.61
- SYK
- 2.11
- ABT
- 1.39
- CVS
- 0.87
- MCK
- 0.85
- UNH
- 0.80
- MDT
- --
Debt-to-Equity Ratio (MRQ)
CVS Health (CVS) has debt-to-equity ratio of 1.01, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.
CVS
Health Care Equipment & Services industry group
1.01
Group distribution
- Max
- 2.02
- CVS
- 1.01
- Q3
- 1.01
- Median
- 0.60
- Q1
- 0.16
- Min
- 0.00
Largest peers
- CVS
- 1.01
- UNH
- 0.74
- SYK
- 0.66
- ABT
- 0.65
- MDT
- 0.57
- ISRG
- --
- MCK
- --
Financial Strength at a Glance
| Metric | Current stock: CVS | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 0.87 | 1.95 |
| Debt-to-Equity Ratio (MRQ) | 1.01 | 0.60 |
| Net Debt / EBITDA | 4.32 | 2.21 |
Dividends
Dividend Yield (TTM)
CVS Health (CVS) has dividend yield of 2.61%, above the entire industry range. That headline income is large, but yields this far above peers often come from a falling share price or an at-risk payout, so dividend safety matters more than the percentage itself.
CVS
Health Care Equipment & Services industry group
2.61%
Group distribution
- CVS
- 2.61%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- MDT
- 3.59%
- ABT
- 2.86%
- CVS
- 2.61%
- UNH
- 2.27%
- SYK
- 1.13%
- MCK
- 0.42%
- ISRG
- 0.00%
Dividend Payout Ratio (TTM)
CVS Health (CVS) has payout ratio of 116.67%, meaning dividends exceeded current-period earnings. The gap would need to be covered by cash, retained earnings, financing, or other sources, so earnings alone do not support the payout.
CVS
Health Care Equipment & Services industry group
116.67%
Group distribution
- CVS
- 116.67%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- CVS
- 116.67%
- MDT
- 76.14%
- ABT
- 67.23%
- UNH
- 66.57%
- SYK
- 39.81%
- MCK
- 8.26%
- ISRG
- 0.00%
Dividends at a Glance
| Metric | Current stock: CVS | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 2.61% | 0.00% |
| Dividend Payout Ratio (TTM) | 116.67% | 0.00% |