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 Health Corp long-term investment intensity to see how much of total assets are deployed in long-term investments.

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. Check CVS goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for CVS Health Corp (1989–2025)

Year-by-year earnings quality comparison for CVS Health Corp. For live market cap and the full company financial profile, see CVS Health Corp (CVS) total market value.

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.