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CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the us. CVS is also a large pharmacy benefit manager (acquired through Caremark), processing about 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 26 million medical members. The company's recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all its existing business lines.
1996
300K+
LTM Revenue $376B
LTM EBITDA $15.0B
$155B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
CVS Health has a last 12-month revenue of $376B and a last 12-month EBITDA of $15.0B.
In the most recent fiscal year, CVS Health achieved revenue of $373B and an EBITDA of $13.7B.
CVS Health expects next 12-month revenue of XXX and NTM EBITDA of XXX
See CVS Health valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $358B | $373B | XXX | XXX | XXX |
| Gross Profit | $54.3B | $54.4B | XXX | XXX | XXX |
| Gross Margin | 15% | 15% | XXX | XXX | XXX |
| EBITDA | $18.2B | $13.7B | XXX | XXX | XXX |
| EBITDA Margin | 5% | 4% | XXX | XXX | XXX |
| Net Profit | $4.1B | $8.3B | XXX | XXX | XXX |
| Net Margin | 1% | 2% | XXX | XXX | XXX |
| Net Debt | $39.3B | $53.4B | XXX | XXX | XXX |
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As of March 17, 2025, CVS Health's stock price is $66.
CVS Health has current market cap of $82.8B, and EV of $155B.
See CVS Health trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $155B | $82.8B | XXX | XXX | XXX | XXX | $5.52 |
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Sign UpAs of March 17, 2025, CVS Health has market cap of $82.8B and EV of $155B.
CVS Health's trades at 0.4x LTM EV/Revenue multiple, and 10.3x LTM EBITDA.
Analysts estimate CVS Health's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for CVS Health and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $155B | XXX | XXX | XXX |
| EV/Revenue | 0.4x | XXX | XXX | XXX |
| EV/EBITDA | 11.3x | XXX | XXX | XXX |
| P/E | 17.9x | XXX | XXX | XXX |
| P/E/Growth | 0.6x | XXX | XXX | XXX |
| EV/FCF | 24.5x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpCVS Health's NTM/LTM revenue growth is 4%
CVS Health's revenue per employee for the last fiscal year averaged $1.2M, while opex per employee averaged $0.1M for the same period.
Over next 12 months, CVS Health's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate CVS Health's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for CVS Health and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 4% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 4% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -25% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 8% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $1.2M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.1M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 11% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| MedPlus India | XXX | XXX | XXX | XXX | XXX | XXX |
| Pague Menos | XXX | XXX | XXX | XXX | XXX | XXX |
| Droga Raia | XXX | XXX | XXX | XXX | XXX | XXX |
| Redcare Pharmacy | XXX | XXX | XXX | XXX | XXX | XXX |
| Oriola | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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CVS Health acquired XXX companies to date.
Last acquisition by CVS Health was XXXXXXXX, XXXXX XXXXX XXXXXX . CVS Health acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was CVS Health founded? | CVS Health was founded in 1996. |
| Where is CVS Health headquartered? | CVS Health is headquartered in United States of America. |
| How many employees does CVS Health have? | As of today, CVS Health has 300K+ employees. |
| Who is the CEO of CVS Health? | CVS Health's CEO is Mr. J. David Joyner. |
| Is CVS Health publicy listed? | Yes, CVS Health is a public company listed on NYS. |
| What is the stock symbol of CVS Health? | CVS Health trades under CVS ticker. |
| When did CVS Health go public? | CVS Health went public in 1952. |
| Who are competitors of CVS Health? | Similar companies to CVS Health include e.g. MedPlus India, Pague Menos, Droga Raia, Redcare Pharmacy. |
| What is the current market cap of CVS Health? | CVS Health's current market cap is $82.8B |
| What is the current revenue of CVS Health? | CVS Health's last 12-month revenue is $376B. |
| What is the current EBITDA of CVS Health? | CVS Health's last 12-month EBITDA is $15.0B. |
| What is the current EV/Revenue multiple of CVS Health? | Current revenue multiple of CVS Health is 0.4x. |
| What is the current EV/EBITDA multiple of CVS Health? | Current EBITDA multiple of CVS Health is 10.3x. |
| What is the current revenue growth of CVS Health? | CVS Health revenue growth between 2023 and 2024 was 4%. |
| Is CVS Health profitable? | Yes, CVS Health is EBITDA-positive (as of the last 12 months). |
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