CVS Health Debt to Equity Ratio 2011-2025 | CVS

Current and historical debt to equity ratio values for CVS Health (CVS) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. CVS Health debt/equity for the three months ending September 30, 2025 was 0.83.
CVS Health Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2025-09-30 $182.22B $73.11B 2.49
2025-06-30 $180.79B $77.55B 2.33
2025-03-31 $178.48B $77.11B 2.32
2024-12-31 $177.49B $75.73B 2.34
2024-09-30 $177.32B $75.11B 2.36
2024-06-30 $177.37B $75.11B 2.36
2024-03-31 $175.59B $74.15B 2.37
2023-12-31 $173.09B $76.64B 2.26
2023-09-30 $176.80B $74.51B 2.37
2023-06-30 $177.07B $73.00B 2.43
2023-03-31 $167.75B $71.58B 2.34
2022-12-31 $156.51B $71.77B 2.18
2022-09-30 $160.20B $71.01B 2.26
2022-06-30 $154.77B $75.51B 2.05
2022-03-31 $158.73B $74.14B 2.14
2021-12-31 $157.62B $75.38B 2.09
2021-09-30 $160.27B $74.62B 2.15
2021-06-30 $157.60B $73.57B 2.14
2021-03-31 $158.44B $71.16B 2.23
2020-12-31 $161.01B $69.70B 2.31
2020-09-30 $163.79B $69.11B 2.37
2020-06-30 $167.14B $68.36B 2.45
2020-03-31 $165.17B $65.47B 2.52
2019-12-31 $158.28B $64.17B 2.47
2019-09-30 $157.18B $62.93B 2.50
2019-06-30 $157.31B $61.60B 2.55
2019-03-31 $159.76B $60.01B 2.66
2018-12-31 $137.91B $58.54B 2.36
2018-09-30 $94.88B $36.62B 2.59
2018-06-30 $97.68B $35.61B 2.74
2018-03-31 $96.46B $38.68B 2.49
2017-12-31 $57.44B $37.70B 1.52
2017-09-30 $57.99B $34.87B 1.66
2017-06-30 $58.38B $34.15B 1.71
2017-03-31 $58.83B $33.84B 1.74
2016-12-31 $57.63B $36.83B 1.57
2016-09-30 $58.20B $35.95B 1.62
2016-06-30 $57.98B $34.77B 1.67
2016-03-31 $56.60B $36.03B 1.57
2015-12-31 $55.23B $37.20B 1.49
2015-09-30 $55.18B $37.18B 1.48
2015-06-30 $37.54B $37.13B 1.01
2015-03-31 $36.94B $37.00B 1.00
2014-12-31 $36.22B $37.96B 0.95
2014-09-30 $35.47B $38.11B 0.93
2014-06-30 $34.46B $38.13B 0.90
2014-03-31 $34.61B $38.21B 0.91
2013-12-31 $33.59B $37.94B 0.89
2013-09-30 $29.27B $38.53B 0.76
2013-06-30 $27.38B $38.91B 0.70
2013-03-31 $27.86B $38.21B 0.73
2012-12-31 $28.57B $37.65B 0.76
2012-09-30 $27.88B $36.92B 0.76
2012-06-30 $27.68B $37.91B 0.73
2012-03-31 $27.95B $38.05B 0.74
2011-12-31 $26.49B $38.05B 0.70
2011-09-30 $27.76B $37.49B 0.74
2011-06-30 $27.24B $38.24B 0.71
2011-03-31 $24.91B $37.92B 0.66
2010-12-31 $24.47B $37.70B 0.65
2010-09-30 $25.08B $36.64B 0.68
2010-06-30 $25.65B $35.87B 0.72
2010-03-31 $25.59B $35.69B 0.72
2009-12-31 $25.87B $35.77B 0.72
2009-09-30 $26.20B $35.68B 0.74
2009-06-30 $24.88B $36.15B 0.69
2009-03-31 $25.37B $35.29B 0.72
2008-12-31 $26.39B $34.57B 0.76
2008-09-30 $22.22B $33.74B 0.66
2008-06-30 $21.46B $33.01B 0.65
2008-03-31 $22.42B $32.15B 0.70
2007-12-31 $23.40B $31.32B 0.75
2007-09-30 $22.11B $32.79B 0.67
2007-06-30 $22.58B $32.03B 0.71
2007-03-31 $17.00B $34.03B 0.50
2006-12-31 $10.66B $9.92B 1.08
2006-09-30 $11.69B $9.43B 1.24
2006-06-30 $11.22B $9.08B 1.24
2006-03-31 $6.73B $8.72B 0.77
2005-12-31 $6.95B $8.33B 0.83
2005-09-30 $7.27B $7.96B 0.91
2005-06-30 $7.08B $7.68B 0.92
2005-03-31 $7.42B $7.40B 1.00
2004-12-31 $7.56B $6.99B 1.08
2004-09-30 $7.63B $6.71B 1.14
2004-06-30 $3.99B $6.53B 0.61
2004-03-31 $4.08B $6.28B 0.65
2003-12-31 $4.52B $6.02B 0.75
2003-09-30 $4.41B $5.74B 0.77
2003-06-30 $4.06B $5.56B 0.73
2003-03-31 $4.29B $5.38B 0.80
2002-12-31 $4.45B $5.20B 0.86
2002-09-30 $4.00B $5.05B 0.79
2002-06-30 $4.10B $4.89B 0.84
2002-03-31 $4.48B $4.74B 0.95
2001-12-31 $4.07B $4.57B 0.89
2001-09-30 $4.23B $4.71B 0.90
2001-06-30 $3.85B $4.73B 0.81
2001-03-31 $3.84B $4.54B 0.85
2000-12-31 $3.65B $4.31B 0.85
2000-09-30 $4.04B $4.08B 0.99
2000-06-30 $3.74B $3.93B 0.95
2000-03-31 $3.94B $3.75B 1.05
1999-12-31 $3.60B $3.68B 0.98
1999-09-30 $3.66B $3.51B 1.04
1999-06-30 $3.48B $3.41B 1.02
1999-03-31 $3.58B $3.26B 1.10
1998-12-31 $3.63B $3.11B 1.17
1998-09-30 $3.54B $2.97B 1.19
1998-06-30 $3.21B $2.86B 1.12
1998-03-31 $3.32B $2.48B 1.34
1997-12-31 $3.28B $2.36B 1.39
1997-09-30 $3.12B $2.24B 1.40
1997-06-30 $3.16B $2.15B 1.47
1997-03-31 $1.45B $1.31B 1.10
1996-12-31 $1.59B $1.25B 1.27
1996-09-30 $1.94B $1.56B 1.24
1996-06-30 $1.89B $1.51B 1.25
1996-03-31 $2.48B $1.57B 1.58
1995-12-31 $2.41B $1.55B 1.56
1995-09-30 $3.00B $2.25B 1.33
1995-06-30 $2.56B $2.29B 1.12
1995-03-31 $2.62B $2.29B 1.14
1994-12-31 $2.35B $2.38B 0.99
1994-09-30 $2.71B $2.23B 1.22
1994-06-30 $2.19B $2.21B 0.99
1994-03-31 $2.16B $2.21B 0.98
1993-12-31 $2.02B $2.25B 0.90
1993-09-30 $2.41B $2.06B 1.17
1993-06-30 $2.07B $2.06B 1.01
1993-03-31 $2.16B $2.02B 1.07
1992-12-31 $2.04B $2.08B 0.98
1992-09-30 $2.44B $2.11B 1.16
1992-06-30 $2.18B $2.09B 1.05
1992-03-31 $2.23B $2.04B 1.09
1991-12-31 $1.89B $2.09B 0.90
1991-09-30 $2.28B $1.87B 1.22
1991-06-30 $2.06B $1.85B 1.12
1991-03-31 $2.08B $1.82B 1.15
1990-12-31 $1.70B $1.85B 0.92
1990-09-30 $2.32B $1.67B 1.39
1990-06-30 $1.45B $1.64B 0.88
1990-03-31 $1.51B $1.60B 0.94
1989-12-31 $1.41B $1.62B 0.87
1989-09-30 $1.56B $1.56B 1.00
1989-06-30 $1.19B $1.72B 0.69
1989-03-31 $0.98B $1.71B 0.58
1988-12-31 $0.93B $1.71B 0.55
1988-09-30 $0.92B $1.53B 0.60
1988-06-30 $0.68B $1.49B 0.46
1988-03-31 $0.73B $1.46B 0.50
1987-12-31 $0.68B $1.46B 0.47
1987-09-30 $0.81B $1.32B 0.61
1987-06-30 $0.62B $1.29B 0.48
1987-03-31 $0.66B $1.25B 0.53
1986-12-31 $0.65B $1.27B 0.51
1985-12-31 $0.62B $1.11B 0.56
Sector Industry Market Cap Revenue
Medical Medical Services $100.272B $372.809B
CVS Health Corporation is a pharmacy innovation company. Its offerings include pharmacy benefit management services, mail order, retail and specialty pharmacy, disease management programs, and retail clinics. The Company serves employers, insurance companies, unions, government employee groups, managed care organizations and other sponsors of health benefit plans, and individuals under the CVS Caremark Pharmacy Services, Caremark, CVS Caremark, CarePlus CVS/pharmacy, RxAmerica, Accordant, SilverScript, and Novologix names. CVS Health Corporation, formerly known as CVS Caremark Corporation, is headquartered in Woonsocket, Rhode Island.
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