TTM
13.9%
YoY change
−0.02pp
Trough year (2025)
13.8%
Peak year (1986)
40.3%
Latest annual
13.8%
Gross Margin history chart for CVS Health (CVS) from 1985 to 2025
Latest: 13.8%
Gross Margin change chart for CVS Health (CVS) from 1985 to 2025
Latest: −0.02pp
Gross Margin history table for CVS Health (CVS) from 1985 to 2025
| 2025 | 13.8% | -0.02pp | ||
| 2024 | 13.8% | -1.43pp | ||
| 2023 | 15.2% | -1.69pp | ||
| 2022 | 16.9% | -0.94pp | ||
| 2021 | 17.8% | -0.41pp | ||
| 2020 | 18.3% | +0.52pp | ||
| 2019 | 17.7% | +1.52pp | ||
| 2018 | 16.2% | +0.77pp | ||
| 2017 | 15.4% | -0.80pp | ||
| 2016 | 16.2% | -1.07pp | ||
| 2015 | 17.3% | -0.90pp | ||
| 2014 | 18.2% | -0.56pp | ||
| 2013 | 18.8% | +0.50pp | ||
| 2012 | 18.3% | -0.94pp | ||
| 2011 | 19.2% | -1.91pp | ||
| 2010 | 21.1% | +0.38pp | ||
| 2009 | 20.7% | -0.18pp | ||
| 2008 | 20.9% | -0.19pp | ||
| 2007 | 21.1% | -5.69pp | ||
| 2006 | 26.8% | +0.60pp | ||
| 2005 | 26.2% | -0.05pp | ||
| 2004 | 26.3% | +0.44pp | ||
| 2003 | 25.8% | +0.72pp | ||
| 2002 | 25.1% | -0.49pp | ||
| 2001 | 25.6% | -1.10pp | ||
| 2000 | 26.7% | -0.17pp | ||
| 1999 | 26.9% | -0.17pp | ||
| 1998 | 27.0% | -0.04pp | ||
| 1997 | 27.1% | -1.31pp | ||
| 1996 | 28.4% | -1.36pp | ||
| 1995 | 29.7% | -5.99pp | ||
| 1994 | 35.7% | -0.40pp | ||
| 1993 | 36.1% | -1.28pp | ||
| 1992 | 37.4% | -0.23pp | ||
| 1991 | 37.7% | -0.50pp | ||
| 1990 | 38.2% | -1.43pp | ||
| 1989 | 39.6% | -0.16pp | ||
| 1988 | 39.7% | -0.09pp | ||
| 1987 | 39.8% | -0.47pp | ||
| 1986 | 40.3% | +0.08pp | ||
| 1985 | 40.2% | — |
- 202513.8%-0.02pp
- 202413.8%-1.43pp
- 202315.2%-1.69pp
- 202216.9%-0.94pp
- 202117.8%-0.41pp
- 202018.3%+0.52pp
- 201917.7%+1.52pp
- 201816.2%+0.77pp
- 201715.4%-0.80pp
- 201616.2%-1.07pp
- 201517.3%-0.90pp
- 201418.2%-0.56pp
- 201318.8%+0.50pp
- 201218.3%-0.94pp
- 201119.2%-1.91pp
- 201021.1%+0.38pp
- 200920.7%-0.18pp
- 200820.9%-0.19pp
- 200721.1%-5.69pp
- 200626.8%+0.60pp
- 200526.2%-0.05pp
- 200426.3%+0.44pp
- 200325.8%+0.72pp
- 200225.1%-0.49pp
- 200125.6%-1.10pp
- 200026.7%-0.17pp
- 199926.9%-0.17pp
- 199827.0%-0.04pp
- 199727.1%-1.31pp
- 199628.4%-1.36pp
- 199529.7%-5.99pp
- 199435.7%-0.40pp
- 199336.1%-1.28pp
- 199237.4%-0.23pp
- 199137.7%-0.50pp
- 199038.2%-1.43pp
- 198939.6%-0.16pp
- 198839.7%-0.09pp
- 198739.8%-0.47pp
- 198640.3%+0.08pp
- 198540.2%—
Gross Margin values are taken from CVS Health's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at CVS Health (CVS)
According to CVS Health's latest reported financial statements, the company's latest reported gross margin is 13.9%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual gross margin for CVS Health (CVS) came in at 13.77% – contracted 0.0 percentage points year-over-year.
40.31% stands as the all-time-high annual gross margin, posted in 1986, against a low of 13.77% during 2025.
CVS Health Gross Margin by Year
CVS Health Gross Margin 2025: 13.8%
CVS Health gross margin in 2025 was 13.77%, contracted 0.0 percentage points from 2024. This figure represents the lowest annual value in the available history.
CVS Health Gross Margin 2024: 13.8%
2024's gross margin for CVS Health came in at 13.79%, contracted 1.4 percentage points from 2023.
CVS Health Gross Margin 2023: 15.2%
CVS Health posted gross margin of 15.21% in 2023, contracted 1.7 percentage points from 2022.
CVS Health Gross Margin 2022: 16.9%
In 2022, CVS Health reported gross margin of 16.90%, contracted 0.9 percentage points from 2021.
CVS Health Gross Margin 2021: 17.8%
CVS Health gross margin in 2021 was 17.84%.
See more financial history for CVS Health (CVS).
Sector peers by Gross Margin
Healthcare peers of CVS Health (CVS), ranked by their latest gross margin
| 83.5% | |
| 81.8% | |
| 81.7% | |
| 75.9% | |
| 71.5% | |
| 70.7% | |
| 70.0% | |
| 18.8% |
- 83.5%
- 81.8%
- 81.7%
- 75.9%
- 71.5%
- 70.7%
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CVS Health (CVS) Key Financials
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