CVS Health Corp Cash Flow Conversion Efficiency
CVS Health Corp cash flow conversion efficiency. Based on the latest financial reports, CVS Health Corp (CVS) has a cash flow conversion efficiency ratio of 0.045x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($3.39 Billion) by net assets ($75.38 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see CVS market cap overview for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of CVS Health Corp (1989–2025)
Cash flow conversion efficiency of CVS Health Corp from 1989 to 2025. This chart illustrates how CVS Health Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View CVS Health Corp (CVS) share price today for real-time trading data and today's change.
CVS Health Corp Cash Flow Conversion Ratio Explained
CVS Health Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
CVS Health Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CVS Health Corp ranked by their cash flow conversion efficiency. Review CVS Health Corp free cash flow efficiency to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Air Liquide SA
PA:AI
|
0.130x |
|
GSK PLC SP. ADR/2 NEW
F:GS70
|
0.157x |
|
McKesson Corporation
NYSE:MCK
|
0.057x |
|
UBS Group AG
SW:UBSG
|
-0.043x |
|
Grupo México S.A.B. de C.V
MX:GMEXICOB
|
0.129x |
|
General Dynamics Corporation
NYSE:GD
|
0.070x |
|
Spotify Technology SA
NYSE:SPOT
|
0.097x |
|
Fortinet Inc
NASDAQ:FTNT
|
0.673x |
Annual Cash Flow Conversion Efficiency for CVS Health Corp (1989–2025)
The table below shows the annual cash flow conversion efficiency of CVS Health Corp from 1989 to 2025. Also see CVS Health Corp assets under control for a full breakdown of the balance sheet.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $75.38 Billion | $10.64 Billion | 0.141x | +17.36% |
| 2024-12-31 | $75.73 Billion | $9.11 Billion | 0.120x | -31.36% |
| 2023-12-31 | $76.64 Billion | $13.43 Billion | 0.175x | -22.28% |
| 2022-12-31 | $71.77 Billion | $16.18 Billion | 0.225x | -6.97% |
| 2021-12-31 | $75.38 Billion | $18.27 Billion | 0.242x | +6.45% |
| 2020-12-31 | $69.70 Billion | $15.87 Billion | 0.228x | +13.68% |
| 2019-12-31 | $64.17 Billion | $12.85 Billion | 0.200x | +32.22% |
| 2018-12-31 | $58.54 Billion | $8.87 Billion | 0.151x | -28.71% |
| 2017-12-31 | $37.70 Billion | $8.01 Billion | 0.212x | -22.85% |
| 2016-12-31 | $36.83 Billion | $10.14 Billion | 0.275x | +19.95% |
| 2015-12-31 | $37.20 Billion | $8.54 Billion | 0.230x | +7.08% |
| 2014-12-31 | $37.96 Billion | $8.14 Billion | 0.214x | +40.61% |
| 2013-12-31 | $37.94 Billion | $5.78 Billion | 0.152x | -13.96% |
| 2012-12-31 | $37.65 Billion | $6.67 Billion | 0.177x | +15.12% |
| 2011-12-31 | $38.05 Billion | $5.86 Billion | 0.154x | +21.52% |
| 2010-12-31 | $37.73 Billion | $4.78 Billion | 0.127x | +12.27% |
| 2009-12-31 | $35.77 Billion | $4.04 Billion | 0.113x | -1.18% |
| 2008-12-31 | $34.57 Billion | $3.95 Billion | 0.114x | +10.71% |
| 2007-12-31 | $31.32 Billion | $3.23 Billion | 0.103x | -41.31% |
| 2006-12-31 | $9.92 Billion | $1.74 Billion | 0.176x | -9.21% |
| 2005-12-31 | $8.33 Billion | $1.61 Billion | 0.194x | +47.89% |
| 2004-12-31 | $6.99 Billion | $914.20 Million | 0.131x | -18.68% |
| 2003-12-31 | $6.02 Billion | $968.90 Million | 0.161x | -30.60% |
| 2002-12-31 | $5.20 Billion | $1.20 Billion | 0.232x | +55.56% |
| 2001-12-31 | $4.57 Billion | $680.60 Million | 0.149x | -17.78% |
| 2000-12-31 | $4.30 Billion | $780.20 Million | 0.181x | -8.17% |
| 1999-12-31 | $3.68 Billion | $726.30 Million | 0.197x | +110.00% |
| 1998-12-31 | $3.11 Billion | $292.40 Million | 0.094x | +332.27% |
| 1997-12-31 | $2.61 Billion | $-105.80 Million | -0.040x | -127.16% |
| 1996-12-31 | $2.20 Billion | $327.20 Million | 0.149x | -46.79% |
| 1995-12-31 | $1.64 Billion | $460.00 Million | 0.280x | +39.97% |
| 1994-12-31 | $2.49 Billion | $498.40 Million | 0.200x | +11.63% |
| 1993-12-31 | $2.34 Billion | $419.70 Million | 0.179x | -36.98% |
| 1992-12-31 | $2.18 Billion | $619.30 Million | 0.284x | +57.34% |
| 1991-12-31 | $2.20 Billion | $397.00 Million | 0.181x | -37.38% |
| 1990-12-31 | $1.96 Billion | $565.30 Million | 0.289x | +1.13% |
| 1989-12-31 | $1.72 Billion | $491.20 Million | 0.285x | -- |
About CVS Health Corp
CVS Health Corporation provides health solutions in the United States. The company operates through Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness segments. The Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services, including medical, pharmacy, dental and behavioral health plans, medical management… Read more