CVS Health Corp Capital Reinvestment Ratio
CVS Health Corp capital reinvestment ratio. CVS Health Corp (CVS) has a Capital Reinvestment Ratio of 0.23x as of December 2025, meaning it reinvests 0% of its operating cash flow ($3.39 Billion) in capital expenditures ($784.00 Million). Check cash flow reinvestment rate of CVS Health Corp to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of CVS Health Corp (1989–2025)
Capital reinvestment ratio of CVS Health Corp from 1989 to 2025. This chart tracks CVS Health Corp's Capital Reinvestment Ratio across 36 annual periods. Also explore CVS net assets growth trend to track the company's year-over-year net asset growth rate.
CVS Health Corp Capital Reinvestment Ratio by Year (1989–2025)
CVS Health Corp capital reinvestment ratio by year from 1989 to 2025. For the full cash flow conversion analysis, see CVS Health Corp operating cash flow efficiency.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.27x | $10.64 Billion | $2.83 Billion | ▼ -12.8% |
| 2024 | 0.31x | $9.11 Billion | $2.78 Billion | ▲ +35.3% |
| 2023 | 0.23x | $13.43 Billion | $3.03 Billion | ▲ +33.9% |
| 2022 | 0.17x | $16.18 Billion | $2.73 Billion | ▲ +22.2% |
| 2021 | 0.14x | $18.27 Billion | $2.52 Billion | ▼ -10.2% |
| 2020 | 0.15x | $15.87 Billion | $2.44 Billion | ▼ -19.7% |
| 2019 | 0.19x | $12.85 Billion | $2.46 Billion | ▼ -16.8% |
| 2018 | 0.23x | $8.87 Billion | $2.04 Billion | ▼ -4.1% |
| 2017 | 0.24x | $8.01 Billion | $1.92 Billion | ▲ +9.2% |
| 2016 | 0.22x | $10.14 Billion | $2.22 Billion | ▼ -20.9% |
| 2015 | 0.28x | $8.54 Billion | $2.37 Billion | ▲ +5.6% |
| 2014 | 0.26x | $8.14 Billion | $2.14 Billion | ▼ -23.5% |
| 2013 | 0.34x | $5.78 Billion | $1.98 Billion | ▲ +12.7% |
| 2012 | 0.30x | $6.67 Billion | $2.03 Billion | ▼ -4.8% |
| 2011 | 0.32x | $5.86 Billion | $1.87 Billion | ▼ -23.8% |
| 2010 | 0.42x | $4.78 Billion | $2.00 Billion | ▼ -33.6% |
| 2009 | 0.63x | $4.04 Billion | $2.55 Billion | ▲ +14.3% |
| 2008 | 0.55x | $3.95 Billion | $2.18 Billion | ▼ -1.2% |
| 2007 | 0.56x | $3.23 Billion | $1.81 Billion | ▼ -44.9% |
| 2006 | 1.02x | $1.74 Billion | $1.77 Billion | ▲ +9.4% |
| 2005 | 0.93x | $1.61 Billion | $1.50 Billion | ▼ -37.1% |
| 2004 | 1.47x | $914.20 Million | $1.35 Billion | ▲ +27.3% |
| 2003 | 1.16x | $968.90 Million | $1.12 Billion | ▲ +25.8% |
| 2002 | 0.92x | $1.20 Billion | $1.11 Billion | ▼ -12.2% |
| 2001 | 1.05x | $680.60 Million | $713.60 Million | ▲ +17.7% |
| 2000 | 0.89x | $780.20 Million | $695.30 Million | ▼ -10.4% |
| 1999 | 1.00x | $726.30 Million | $722.70 Million | ▼ -42.1% |
| 1998 | 1.72x | $292.40 Million | $502.30 Million | ▼ -20.0% |
| 1996 | 2.15x | $327.20 Million | $702.80 Million | ▲ +86.8% |
| 1995 | 1.15x | $460.00 Million | $528.90 Million | ▲ +36.0% |
| 1994 | 0.85x | $498.40 Million | $421.40 Million | ▼ -8.2% |
| 1993 | 0.92x | $419.70 Million | $386.70 Million | ▲ +87.5% |
| 1992 | 0.49x | $619.30 Million | $304.30 Million | ▼ -22.9% |
| 1991 | 0.64x | $397.00 Million | $253.10 Million | ▲ +55.9% |
| 1990 | 0.41x | $565.30 Million | $231.10 Million | ▼ -0.9% |
| 1989 | 0.41x | $491.20 Million | $202.60 Million | — |