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
CVS Health Corp (CVS) - Total Assets
Latest total assets as of December 2025: $261.06 Billion USD
Based on the latest financial reports, CVS Health Corp (CVS) holds total assets worth $261.06 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
CVS Health Corp - Total Assets Trend (1985–2025)
This chart illustrates how CVS Health Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
CVS Health Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
CVS Health Corp's total assets of $261.06 Billion consist of 28.6% current assets and 71.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $8.45 Billion | 3.3% |
| Accounts Receivable | $39.78 Billion | 15.2% |
| Inventory | $19.25 Billion | 7.4% |
| Property, Plant & Equipment | $28.06 Billion | 10.8% |
| Intangible Assets | $25.51 Billion | 9.8% |
| Goodwill | $85.48 Billion | 32.7% |
Asset Composition Trend (1985–2025)
This chart illustrates how CVS Health Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: CVS Health Corp's current assets represent 28.6% of total assets in 2025, a decrease from 66.7% in 1985.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2025, down from 16.9% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 41.0% of total assets, an increase from 7.0% in 1985.
- Asset Diversification: The largest asset category is goodwill at 32.7% of total assets.
CVS Health Corp Competitors by Total Assets
Key competitors of CVS Health Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Healthconn Corp.
TWO:6665
|
Taiwan | NT$1.54 Billion |
|
Alignment Healthcare LLC
NASDAQ:ALHC
|
USA | $1.07 Billion |
|
Cigna Corp
NYSE:CI
|
USA | $157.92 Billion |
|
Clover Health Investments Corp
NASDAQ:CLOV
|
USA | $541.01 Million |
|
Centene Corp
NYSE:CNC
|
USA | $76.75 Billion |
|
CarePayment Technologies Inc
PINK:CPYT
|
USA | $10.24 Million |
|
Elevance Health Inc
NYSE:ELV
|
USA | $121.49 Billion |
|
Humana Inc
NYSE:HUM
|
USA | $49.72 Billion |
CVS Health Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - CVS Health Corp generates 1.54x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, CVS Health Corp generates $ 0.68 in net profit.
CVS Health Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.84 | 0.81 | 0.93 |
| Quick Ratio | 0.63 | 0.60 | 0.63 |
| Cash Ratio | 0.10 | 0.10 | 0.00 |
| Working Capital | $-13.98 Billion | $ -15.96 Billion | $ -4.38 Billion |
CVS Health Corp - Advanced Valuation Insights
This section examines the relationship between CVS Health Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.28 |
| Latest Market Cap to Assets Ratio | 0.37 |
| Asset Growth Rate (YoY) | 3.1% |
| Total Assets | $261.06 Billion |
| Market Capitalization | $96.29 Billion USD |
Valuation Analysis
Below Book Valuation: The market values CVS Health Corp's assets below their book value (0.37 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: CVS Health Corp's assets grew by 3.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for CVS Health Corp (1985–2025)
The table below shows the annual total assets of CVS Health Corp from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $261.06 Billion | +3.10% |
| 2024-12-31 | $253.22 Billion | +1.40% |
| 2023-12-31 | $249.73 Billion | +9.40% |
| 2022-12-31 | $228.28 Billion | -2.03% |
| 2021-12-31 | $233.00 Billion | +0.99% |
| 2020-12-31 | $230.72 Billion | +3.72% |
| 2019-12-31 | $222.45 Billion | +13.23% |
| 2018-12-31 | $196.46 Billion | +106.51% |
| 2017-12-31 | $95.13 Billion | +0.71% |
| 2016-12-31 | $94.46 Billion | +2.19% |
| 2015-12-31 | $92.44 Billion | +24.60% |
| 2014-12-31 | $74.19 Billion | +3.72% |
| 2013-12-31 | $71.53 Billion | +8.01% |
| 2012-12-31 | $66.22 Billion | +2.60% |
| 2011-12-31 | $64.54 Billion | +3.82% |
| 2010-12-31 | $62.17 Billion | +0.86% |
| 2009-12-31 | $61.64 Billion | +1.12% |
| 2008-12-31 | $60.96 Billion | +11.40% |
| 2007-12-31 | $54.72 Billion | +165.97% |
| 2006-12-31 | $20.57 Billion | +34.62% |
| 2005-12-31 | $15.28 Billion | +5.06% |
| 2004-12-31 | $14.55 Billion | +37.97% |
| 2003-12-31 | $10.54 Billion | +9.31% |
| 2002-12-31 | $9.65 Billion | +11.68% |
| 2001-12-31 | $8.64 Billion | +8.64% |
| 2000-12-31 | $7.95 Billion | +9.27% |
| 1999-12-31 | $7.28 Billion | +8.82% |
| 1998-12-31 | $6.69 Billion | +11.83% |
| 1997-12-31 | $5.98 Billion | +5.01% |
| 1996-12-31 | $5.69 Billion | +43.72% |
| 1995-12-31 | $3.96 Billion | -16.34% |
| 1994-12-31 | $4.74 Billion | +10.84% |
| 1993-12-31 | $4.27 Billion | +1.38% |
| 1992-12-31 | $4.21 Billion | +3.16% |
| 1991-12-31 | $4.09 Billion | +11.55% |
| 1990-12-31 | $3.66 Billion | +20.79% |
| 1989-12-31 | $3.03 Billion | +10.80% |
| 1988-12-31 | $2.74 Billion | +22.64% |
| 1987-12-31 | $2.23 Billion | +11.62% |
| 1986-12-31 | $2.00 Billion | +10.63% |
| 1985-12-31 | $1.81 Billion | -- |