CVS Health Corp (CVS) — Cash Flow Quality Index
Latest as of December 2025:
1.15x
CVS Health Corp (CVS) has a Cash Flow Quality Index of 1.15x as of December 2025. Operating cash flow of $3.39 Billion exceeds net income of $2.94 Billion, indicating high earnings quality where cash backs reported profits. Explore CVS debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
1.15x
Operating CF / Net Income
Operating Cash Flow
$3.39 Billion
USD
Net Income
$2.94 Billion
USD
Data as of
Dec 2025
Most recent filing
CVS Health Corp Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for CVS Health Corp across 35 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see CVS Health Corp cash flow conversion.
Annual Cash Flow Quality Index for CVS Health Corp (1989–2025)
Year-by-year earnings quality comparison for CVS Health Corp.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 6.02x | $10.64 Billion | $1.77 Billion | ▲ +203.0% |
| 2024 | 1.99x | $9.11 Billion | $4.59 Billion | ▲ +23.8% |
| 2023 | 1.60x | $13.43 Billion | $8.37 Billion | ▼ -58.7% |
| 2022 | 3.88x | $16.18 Billion | $4.17 Billion | ▲ +68.0% |
| 2021 | 2.31x | $18.27 Billion | $7.90 Billion | ▲ +4.8% |
| 2020 | 2.21x | $15.87 Billion | $7.19 Billion | ▲ +13.9% |
| 2019 | 1.94x | $12.85 Billion | $6.63 Billion | ▲ +60.3% |
| 2017 | 1.21x | $8.01 Billion | $6.62 Billion | ▼ -36.6% |
| 2016 | 1.91x | $10.14 Billion | $5.32 Billion | ▲ +17.0% |
| 2015 | 1.63x | $8.54 Billion | $5.24 Billion | ▼ -7.0% |
| 2014 | 1.75x | $8.14 Billion | $4.64 Billion | ▲ +39.1% |
| 2013 | 1.26x | $5.78 Billion | $4.59 Billion | ▼ -27.1% |
| 2012 | 1.73x | $6.67 Billion | $3.86 Billion | ▲ +2.0% |
| 2011 | 1.69x | $5.86 Billion | $3.46 Billion | ▲ +21.3% |
| 2010 | 1.40x | $4.78 Billion | $3.42 Billion | ▲ +27.8% |
| 2009 | 1.09x | $4.04 Billion | $3.70 Billion | ▼ -11.2% |
| 2008 | 1.23x | $3.95 Billion | $3.21 Billion | ▲ +0.3% |
| 2007 | 1.22x | $3.23 Billion | $2.64 Billion | ▼ -3.8% |
| 2006 | 1.27x | $1.74 Billion | $1.37 Billion | ▼ -3.3% |
| 2005 | 1.32x | $1.61 Billion | $1.22 Billion | ▲ +38.1% |
| 2004 | 0.95x | $914.20 Million | $959.30 Million | ▼ -16.7% |
| 2003 | 1.14x | $968.90 Million | $847.30 Million | ▼ -32.0% |
| 2002 | 1.68x | $1.20 Billion | $716.60 Million | ▲ +2.1% |
| 2001 | 1.65x | $680.60 Million | $413.20 Million | ▲ +57.5% |
| 2000 | 1.05x | $780.20 Million | $746.00 Million | ▼ -8.5% |
| 1999 | 1.14x | $726.30 Million | $635.10 Million | ▲ +50.4% |
| 1998 | 0.76x | $292.40 Million | $384.50 Million | ▲ +176.1% |
| 1997 | -1.00x | $-105.80 Million | $105.90 Million | ▼ -163.6% |
| 1996 | 1.57x | $327.20 Million | $208.20 Million | ▼ -3.0% |
| 1994 | 1.62x | $498.40 Million | $307.50 Million | ▲ +28.1% |
| 1993 | 1.26x | $419.70 Million | $331.80 Million | ▼ -68.1% |
| 1992 | 3.97x | $619.30 Million | $156.00 Million | ▲ +246.7% |
| 1991 | 1.15x | $397.00 Million | $346.70 Million | ▼ -22.0% |
| 1990 | 1.47x | $565.30 Million | $385.30 Million | ▲ +18.9% |
| 1989 | 1.23x | $491.20 Million | $398.10 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.