CVS Health Corp Financial Flexibility Index
CVS Health Corp financial flexibility index. CVS Health Corp (CVS) has a Financial Flexibility Index of 0.02x as of December 2025. Free cash flow of $4.17 Billion (operating CF $3.39 Billion minus capex $784.00 Million) represents 0% of total liabilities ($185.68 Billion). See CVS free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of CVS Health Corp (1989–2025)
Financial flexibility index of CVS Health Corp from 1989 to 2025. Historical Financial Flexibility Index trend for CVS Health Corp across 37 annual periods. Check CVS cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
CVS Health Corp Financial Flexibility Index by Year (1989–2025)
CVS Health Corp financial flexibility index by year from 1989 to 2025. Year-by-year free cash flow to debt coverage for CVS Health Corp. For the full cash flow conversion analysis, see CVS operating cash flow.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.07x | $13.47 Billion | $10.64 Billion | $185.68 Billion | ▲ +8.3% |
| 2024 | 0.07x | $11.89 Billion | $9.11 Billion | $177.49 Billion | ▼ -29.6% |
| 2023 | 0.10x | $16.46 Billion | $13.43 Billion | $173.09 Billion | ▼ -21.3% |
| 2022 | 0.12x | $18.90 Billion | $16.18 Billion | $156.51 Billion | ▼ -8.4% |
| 2021 | 0.13x | $20.79 Billion | $18.27 Billion | $157.62 Billion | ▲ +16.0% |
| 2020 | 0.11x | $18.30 Billion | $15.87 Billion | $161.01 Billion | ▲ +17.6% |
| 2019 | 0.10x | $15.30 Billion | $12.85 Billion | $158.28 Billion | ▲ +22.3% |
| 2018 | 0.08x | $10.90 Billion | $8.87 Billion | $137.91 Billion | ▼ -54.3% |
| 2017 | 0.17x | $9.93 Billion | $8.01 Billion | $57.44 Billion | ▼ -19.5% |
| 2016 | 0.21x | $12.37 Billion | $10.14 Billion | $57.63 Billion | ▲ +8.7% |
| 2015 | 0.20x | $10.91 Billion | $8.54 Billion | $55.23 Billion | ▼ -30.4% |
| 2014 | 0.28x | $10.27 Billion | $8.14 Billion | $36.22 Billion | ▲ +22.6% |
| 2013 | 0.23x | $7.77 Billion | $5.78 Billion | $33.59 Billion | ▼ -24.1% |
| 2012 | 0.30x | $8.70 Billion | $6.67 Billion | $28.57 Billion | ▲ +4.4% |
| 2011 | 0.29x | $7.73 Billion | $5.86 Billion | $26.49 Billion | ▲ +5.1% |
| 2010 | 0.28x | $6.78 Billion | $4.78 Billion | $24.43 Billion | ▲ +9.1% |
| 2009 | 0.25x | $6.58 Billion | $4.04 Billion | $25.87 Billion | ▲ +9.6% |
| 2008 | 0.23x | $6.13 Billion | $3.95 Billion | $26.39 Billion | ▲ +7.9% |
| 2007 | 0.22x | $5.04 Billion | $3.23 Billion | $23.40 Billion | ▼ -34.7% |
| 2006 | 0.33x | $3.51 Billion | $1.74 Billion | $10.66 Billion | ▼ -26.3% |
| 2005 | 0.45x | $3.11 Billion | $1.61 Billion | $6.95 Billion | ▲ +49.4% |
| 2004 | 0.30x | $2.26 Billion | $914.20 Million | $7.56 Billion | ▼ -35.3% |
| 2003 | 0.46x | $2.09 Billion | $968.90 Million | $4.52 Billion | ▼ -11.1% |
| 2002 | 0.52x | $2.31 Billion | $1.20 Billion | $4.45 Billion | ▲ +51.8% |
| 2001 | 0.34x | $1.39 Billion | $680.60 Million | $4.07 Billion | ▼ -15.4% |
| 2000 | 0.40x | $1.48 Billion | $780.20 Million | $3.64 Billion | ▲ +0.5% |
| 1999 | 0.40x | $1.45 Billion | $726.30 Million | $3.60 Billion | ▲ +81.3% |
| 1998 | 0.22x | $794.70 Million | $292.40 Million | $3.58 Billion | ▲ +217.2% |
| 1997 | 0.07x | $235.80 Million | $-105.80 Million | $3.36 Billion | ▼ -76.2% |
| 1996 | 0.29x | $1.03 Billion | $327.20 Million | $3.50 Billion | ▼ -30.9% |
| 1995 | 0.43x | $988.90 Million | $460.00 Million | $2.32 Billion | ▲ +4.0% |
| 1994 | 0.41x | $919.80 Million | $498.40 Million | $2.24 Billion | ▼ -1.9% |
| 1993 | 0.42x | $806.40 Million | $419.70 Million | $1.93 Billion | ▼ -7.9% |
| 1992 | 0.45x | $923.60 Million | $619.30 Million | $2.04 Billion | ▲ +31.8% |
| 1991 | 0.34x | $650.10 Million | $397.00 Million | $1.89 Billion | ▼ -26.4% |
| 1990 | 0.47x | $796.40 Million | $565.30 Million | $1.70 Billion | ▼ -11.7% |
| 1989 | 0.53x | $693.80 Million | $491.20 Million | $1.31 Billion | — |