CVS Health Corp (CVS) — Cash Flow Reinvestment Rate
CVS Health Corp (CVS) has a Cash Flow Reinvestment Rate of 0.59x as of December 2025, reinvesting $2.01 Billion (capex $784.00 Million plus investments $-1.22 Billion) from operating cash flow of $3.39 Billion. Explore CVS Health Corp capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
CVS Health Corp Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for CVS Health Corp across 36 annual periods. Also explore CVS current and non-current assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for CVS Health Corp (1989–2025)
Year-by-year capital reinvestment analysis for CVS Health Corp. For live market cap and broader valuation context, see CVS market cap.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.51x | $5.46 Billion | $10.64 Billion | $2.83 Billion | ▼ -55.0% |
| 2024 | 1.14x | $10.39 Billion | $9.11 Billion | $2.78 Billion | ▼ -32.8% |
| 2023 | 1.70x | $22.80 Billion | $13.43 Billion | $3.03 Billion | ▲ +633.7% |
| 2022 | 0.23x | $3.74 Billion | $16.18 Billion | $2.73 Billion | ▼ -19.3% |
| 2021 | 0.29x | $5.24 Billion | $18.27 Billion | $2.52 Billion | ▼ -18.9% |
| 2020 | 0.35x | $5.61 Billion | $15.87 Billion | $2.44 Billion | ▲ +54.4% |
| 2019 | 0.23x | $2.94 Billion | $12.85 Billion | $2.46 Billion | ▼ -6.1% |
| 2018 | 0.24x | $2.16 Billion | $8.87 Billion | $2.04 Billion | ▼ -9.5% |
| 2017 | 0.27x | $2.16 Billion | $8.01 Billion | $1.92 Billion | ▲ +10.2% |
| 2016 | 0.24x | $2.48 Billion | $10.14 Billion | $2.22 Billion | ▼ -24.2% |
| 2015 | 0.32x | $2.75 Billion | $8.54 Billion | $2.37 Billion | ▲ +22.6% |
| 2014 | 0.26x | $2.14 Billion | $8.14 Billion | $2.14 Billion | ▼ -26.7% |
| 2013 | 0.36x | $2.07 Billion | $5.78 Billion | $1.98 Billion | ▲ +17.9% |
| 2012 | 0.30x | $2.03 Billion | $6.67 Billion | $2.03 Billion | ▼ -7.6% |
| 2011 | 0.33x | $1.93 Billion | $5.86 Billion | $1.87 Billion | ▼ -21.5% |
| 2010 | 0.42x | $2.01 Billion | $4.78 Billion | $2.00 Billion | ▼ -58.7% |
| 2009 | 1.02x | $4.11 Billion | $4.04 Billion | $2.55 Billion | ▲ +84.2% |
| 2008 | 0.55x | $2.18 Billion | $3.95 Billion | $2.18 Billion | ▼ -1.2% |
| 2007 | 0.56x | $1.81 Billion | $3.23 Billion | $1.81 Billion | ▼ -44.9% |
| 2006 | 1.02x | $1.77 Billion | $1.74 Billion | $1.77 Billion | ▲ +9.4% |
| 2005 | 0.93x | $1.50 Billion | $1.61 Billion | $1.50 Billion | ▼ -37.1% |
| 2004 | 1.47x | $1.35 Billion | $914.20 Million | $1.35 Billion | ▲ +27.3% |
| 2003 | 1.16x | $1.12 Billion | $968.90 Million | $1.12 Billion | ▲ +25.8% |
| 2002 | 0.92x | $1.11 Billion | $1.20 Billion | $1.11 Billion | ▼ -12.2% |
| 2001 | 1.05x | $713.60 Million | $680.60 Million | $713.60 Million | ▲ +17.7% |
| 2000 | 0.89x | $695.30 Million | $780.20 Million | $695.30 Million | ▼ -10.4% |
| 1999 | 1.00x | $722.70 Million | $726.30 Million | $722.70 Million | ▼ -42.1% |
| 1998 | 1.72x | $502.30 Million | $292.40 Million | $502.30 Million | ▼ -20.0% |
| 1996 | 2.15x | $702.80 Million | $327.20 Million | $702.80 Million | ▲ +86.8% |
| 1995 | 1.15x | $528.90 Million | $460.00 Million | $528.90 Million | ▲ +36.0% |
| 1994 | 0.85x | $421.40 Million | $498.40 Million | $421.40 Million | ▼ -8.2% |
| 1993 | 0.92x | $386.70 Million | $419.70 Million | $386.70 Million | ▲ +87.5% |
| 1992 | 0.49x | $304.30 Million | $619.30 Million | $304.30 Million | ▼ -22.9% |
| 1991 | 0.64x | $253.10 Million | $397.00 Million | $253.10 Million | ▲ +55.9% |
| 1990 | 0.41x | $231.10 Million | $565.30 Million | $231.10 Million | ▼ -0.9% |
| 1989 | 0.41x | $202.60 Million | $491.20 Million | $202.60 Million | — |