Company / Free Cash Flow
CVS Health Free Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
$7.8B
FY2025
5-year range
$6.3B / $15.7B
FY2021-FY2025
Trend
+23.4%
vs FY2024
Sector context
#2 of 150
Health Care
What the data says
Among 150 Health Care companies, CVS Health is in the top 1% for free cash flow. Free Cash Flow has fluctuated over the past 10 years, ranging from $6.1B in FY2017 to $15.7B in FY2023.
Based on SEC 10-K filings.
$7.8B in FY2025 with a 5-year CAGR of +2.7%. Ranks 2nd among 150 companies in Health Care.
Declined from $15.7B to $7.8B over the past 2 years.
Health Care sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- -16.6%
- 5-Year CAGR
- +2.7%
- 10-Year CAGR
- -
Sector benchmark
Top 1% in Health CareTop 1% of 150This company $7.8B Sector average $782.1M
▼
+898.2% above sector average
Key checks
Key Insights
- 5-year CAGR of +2.7%, indicating consistent growth.
- In FY2025, free cash flow increased 23.4% year-over-year.
- Ranks #2 out of 150 companies in the Health Care sector.
- Peak free cash flow was recorded in FY2023.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $7.8B | +23.4% |
| FY2024 | $6.3B | -59.8% |
| FY2023 | $15.7B | +17.1% |
| FY2022 | $13.4B | +29.4% |
| FY2021 | $10.4B | +52.2% |
| FY2020 | $6.8B | -34.3% |
| FY2019 | $10.4B | +52.2% |
| FY2018 | $6.8B | +12.1% |
| FY2017 | $6.1B | -23.1% |
| FY2016 | $7.9B | +28.3% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026