What is the current annual gross margin of CVS?

As of today, CVS annual gross margin is 13.76%

What is 1-year change in CVS annual gross margin?

CVS annual gross margin is down -10.24% year-over-year

What is 3-year change in CVS annual gross margin?

CVS annual gross margin is down -22.57% over the past 3 years

How far is CVS annual gross margin from its all-time high?

CVS annual gross margin is currently -65.94% below its historical high of 40.40% set on December 1, 1980

How does CVS annual gross margin rank versus sector peers?

CVS annual gross margin is higher than 23.06% of companies in Healthcare sector

When is CVS next annual earnings release?

The next annual earnings release for CVS is on February 10, 2026

What is the current quarterly gross margin of CVS?

As of today, CVS quarterly gross margin is 13.43%

What is CVS quarterly gross margin most recent change?

CVS quarterly gross margin was down -2.47% on September 30, 2025

What is 1-year change in CVS quarterly gross margin?

CVS quarterly gross margin is up +2.21% year-over-year

How far is CVS quarterly gross margin from its all-time high?

CVS quarterly gross margin is currently -68.01% below its historical high of 41.98% set on December 31, 1989

How does CVS quarterly gross margin rank versus sector peers?

CVS quarterly gross margin is higher than 21.84% of companies in Healthcare sector

When is CVS next earnings release?

The next earnings release for CVS is on February 10, 2026

CVS Gross Margin History & Chart Since 1980

Annual Gross Margin

13.76%1.57%-10.24%

December 31, 2024

Summary

Current Value: As of today, CVS annual gross margin is 13.76%, down -10.24% on December 31, 2024
Historical Performance: CVS annual gross margin is down -22.57% over the past 3 years, and down -22.13% over the past 5 years
All-Time High Comparison: CVS annual gross margin is currently -65.94% below its historical high of 40.40% set on December 1, 1980
3-Year Low Comparison: CVS annual gross margin is at its 3-year low
Sector Comparison: CVS annual gross margin is higher than 23.06% of companies in Healthcare sector

Gross Margin Chart

Add series to chart

Add series to chart1/6

Company, ETF, index, screener or watchlist

Series

Performance

CVS Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 24	13.76%	-10.2%	-22.6%	-22.1%	-33.3%
Quarterly Gross Margin	Sep 30, 25	13.43%	+2.2%	-19.2%	-23.1%	-36.2%
Price	Jan 28, 26	$74.03	+29.1%	-15.7%	+2.0%	+112.7%
PE Ratio	Jan 28, 26	193.49	+1134.0%	+615.3%	+1355.9%	+1284.0%
Annual Revenue	Dec 31, 24	$372.69B	+4.0%	+27.7%	+45.3%	+277.5%
Annual Gross Profit	Dec 31, 24	$51.28B	-6.6%	-1.1%	+13.1%	+151.6%
Annual Operating Margin	Dec 31, 24	-83.58%	-4.1%	-8.4%	-8.0%	-14.7%
Annual Net Margin	Dec 31, 24	1.23%	-47.4%	-54.6%	-52.3%	-67.3%

Gross Margin Highs

CVS Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	16.98%	N/A	-19.0%
5Y	18.24%	N/A	-24.6%
All	40.40%	Dec 1, 80	-65.9%

Gross Margin Lows

CVS Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	13.76%	Dec 31, 24	at low
5Y	13.76%	Dec 31, 24	at low
All	13.76%	Dec 31, 24	at low

Gross Margin History

Year	Value	Change
2024	13.76%	-10.2%
2023	15.33%	-9.7%
2022	16.98%	-4.4%
2021	17.77%	-2.6%
2020	18.24%	+3.2%
2019	17.67%	+9.0%
2018	16.21%	+5.0%
2017	15.44%	-5.2%
2016	16.28%	-6.0%
2015	17.31%	-4.9%
2014	18.20%	-3.0%
2013	18.76%	+2.6%
2012	18.28%	-4.8%
2011	19.20%	-8.6%
2010	21.01%	+1.8%
2009	20.64%	-1.3%
2008	20.91%	-0.9%
2007	21.10%	-17.5%
2006	25.58%	+1.7%
2005	25.16%	+1.4%
2004	24.81%	+1.1%
2003	24.53%	+3.0%
2002	23.81%	-1.5%

Year	Value	Change
2001	24.17%	-4.2%
2000	25.22%	-0.4%
1999	25.33%	-0.3%
1998	25.40%	+0.6%
1997	25.26%	-5.3%
1996	26.66%	-11.4%
1995	30.10%	-11.2%
1994	33.91%	-1.1%
1993	34.30%	-3.4%
1992	35.49%	-2.1%
1991	36.25%	-1.6%
1990	36.84%	-3.8%
1989	38.29%	-0.6%
1988	38.53%	-0.2%
1987	38.62%	-2.6%
1986	39.67%	+2.1%
1985	38.84%	+2.3%
1984	37.98%	-5.5%
1983	40.20%	+4.0%
1982	38.67%	-0.7%
1981	38.93%	-3.6%
1980	40.40%	-

FAQ

What is the current annual gross margin of CVS?
As of today, CVS annual gross margin is 13.76%
What is 1-year change in CVS annual gross margin?
CVS annual gross margin is down -10.24% year-over-year
What is 3-year change in CVS annual gross margin?
CVS annual gross margin is down -22.57% over the past 3 years
How far is CVS annual gross margin from its all-time high?
CVS annual gross margin is currently -65.94% below its historical high of 40.40% set on December 1, 1980
How does CVS annual gross margin rank versus sector peers?
CVS annual gross margin is higher than 23.06% of companies in Healthcare sector
When is CVS next annual earnings release?
The next annual earnings release for CVS is on February 10, 2026

Quarterly Gross Margin

13.43%0.34%-2.47%

September 30, 2025

Summary

Current Value: As of today, CVS quarterly gross margin is 13.43%, down -2.47% on September 30, 2025
Historical Performance: CVS quarterly gross margin is up +2.21% year-over-year, and down -19.19% over the past 3 years
All-Time High Comparison: CVS quarterly gross margin is currently -68.01% below its historical high of 41.98% set on December 31, 1989
3-Year Low Comparison: CVS quarterly gross margin is +3.15% above its 3-year low of 13.02% reached on December 31, 2024
Sector Comparison: CVS quarterly gross margin is higher than 21.84% of companies in Healthcare sector

Performance

CVS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 25	13.43%	-2.5%	+2.2%	-19.2%	-23.1%
Annual Gross Margin	Dec 31, 24	13.76%	–	-10.2%	-22.6%	-22.1%
Price	Jan 28, 26	$74.03	-9.9%	+29.1%	-15.7%	+2.0%
PE Ratio	Jan 28, 26	193.49	-9.9%	+1134.0%	+615.3%	+1355.9%
Quarterly Revenue	Sep 30, 25	$102.88B	+4.0%	+7.8%	+26.6%	+53.5%
Quarterly Gross Profit	Sep 30, 25	$13.82B	+1.4%	+10.2%	+2.3%	+18.0%
Quarterly Operating Margin	Sep 30, 25	2.88%	-14.0%	+35.9%	-39.9%	-41.5%
Quarterly Net Margin	Sep 30, 25	-3.88%	-480.4%	-5642.9%	+7.2%	-313.2%

Quarterly Gross Margin Highs

CVS Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	15.24%	Mar 31, 25	-11.9%
3Y	16.57%	N/A	-18.9%
5Y	18.16%	Jun 30, 21	-26.1%
All	41.98%	Dec 31, 89	-68.0%

Quarterly Gross Margin Lows

CVS Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	13.02%	N/A	+3.1%
3Y	13.02%	Dec 31, 24	+3.1%
5Y	13.02%	Dec 31, 24	+3.1%
All	11.99%	Dec 31, 95	+12.0%

Quarterly Gross Margin History

Month	Value	Change
Sep 2025	13.43%	-2.5%
Jun 2025	13.77%	-9.6%
Mar 2025	15.24%	+17.1%
Dec 2024	13.02%	-0.9%
Sep 2024	13.14%	-10.9%
Jun 2024	14.75%	+3.7%
Mar 2024	14.22%	-4.8%
Dec 2023	14.93%	-2.2%
Sep 2023	15.26%	-0.8%
Jun 2023	15.39%	-2.5%
Mar 2023	15.79%	-4.7%
Dec 2022	16.57%	-0.3%
Sep 2022	16.62%	-3.8%
Jun 2022	17.28%	-0.9%
Mar 2022	17.43%	-1.4%
Dec 2021	17.67%	+2.5%
Sep 2021	17.24%	-5.1%
Jun 2021	18.16%	+0.4%
Mar 2021	18.09%	+5.4%
Dec 2020	17.16%	-1.8%
Sep 2020	17.47%	-14.2%
Jun 2020	20.36%	+12.8%
Mar 2020	18.05%	+3.4%
Dec 2019	17.45%	-1.9%
Sep 2019	17.78%	-0.8%
Jun 2019	17.93%	+1.0%
Mar 2019	17.75%	-30.3%
Dec 2018	25.47%	+60.2%
Sep 2018	15.90%	+0.6%
Jun 2018	15.80%	+4.6%
Mar 2018	15.10%	-11.9%
Dec 2017	17.14%	+11.2%
Sep 2017	15.42%	+1.6%
Jun 2017	15.17%	+2.6%
Mar 2017	14.78%	-11.0%
Dec 2016	16.61%	-1.1%
Sep 2016	16.80%	+4.6%
Jun 2016	16.06%	+2.9%
Mar 2016	15.61%	-12.0%
Dec 2015	17.74%	+2.9%
Sep 2015	17.24%	+0.1%
Jun 2015	17.22%	+1.5%
Mar 2015	16.97%	-5.2%
Dec 2014	17.90%	-3.1%
Sep 2014	18.47%	+1.0%
Jun 2014	18.28%	+0.6%
Mar 2014	18.18%	-5.9%
Dec 2013	19.31%	+2.3%
Sep 2013	18.88%	+1.1%
Jun 2013	18.68%	+2.9%
Mar 2013	18.15%	-9.5%
Dec 2012	20.06%	+7.4%
Sep 2012	18.68%	+5.3%
Jun 2012	17.74%	+6.9%
Mar 2012	16.60%	-15.4%
Dec 2011	19.62%	+1.1%
Sep 2011	19.41%	+1.5%
Jun 2011	19.13%	+4.2%
Mar 2011	18.36%	-16.8%
Dec 2010	22.07%	+4.9%
Sep 2010	21.04%	+0.6%
Jun 2010	20.91%	+4.7%
Mar 2010	19.97%	-7.4%
Dec 2009	21.56%	+6.0%
Sep 2009	20.34%	+0.1%
Jun 2009	20.31%	+0.0%
Mar 2009	20.30%	-6.2%
Dec 2008	21.64%	+2.6%
Sep 2008	21.09%	+1.9%
Jun 2008	20.69%	+2.8%
Mar 2008	20.13%	-0.7%
Dec 2007	20.28%	-0.9%
Sep 2007	20.47%	+1.9%
Jun 2007	20.09%	-15.7%

Month	Value	Change
Mar 2007	23.82%	-9.2%
Dec 2006	26.22%	+1.8%
Sep 2006	25.76%	+2.2%
Jun 2006	25.20%	+0.8%
Mar 2006	24.99%	-4.5%
Dec 2005	26.16%	+4.1%
Sep 2005	25.12%	+1.0%
Jun 2005	24.88%	+1.8%
Mar 2005	24.43%	-2.3%
Dec 2004	25.00%	+1.3%
Sep 2004	24.68%	-1.0%
Jun 2004	24.92%	+1.3%
Mar 2004	24.61%	-2.3%
Dec 2003	25.19%	+2.1%
Sep 2003	24.66%	+2.6%
Jun 2003	24.03%	-0.4%
Mar 2003	24.12%	-0.2%
Dec 2002	24.17%	+1.1%
Sep 2002	23.90%	+2.1%
Jun 2002	23.41%	-1.5%
Mar 2002	23.76%	+6.2%
Dec 2001	22.38%	-6.2%
Sep 2001	23.86%	-4.9%
Jun 2001	25.08%	-1.8%
Mar 2001	25.53%	+3.7%
Dec 2000	24.63%	-0.9%
Sep 2000	24.86%	-2.7%
Jun 2000	25.54%	-1.4%
Mar 2000	25.91%	+4.2%
Dec 1999	24.87%	+0.1%
Sep 1999	24.84%	-3.4%
Jun 1999	25.71%	-1.0%
Mar 1999	25.97%	+4.3%
Dec 1998	24.90%	-0.8%
Sep 1998	25.09%	-1.8%
Jun 1998	25.54%	-2.4%
Mar 1998	26.16%	-3.1%
Dec 1997	26.99%	-0.8%
Sep 1997	27.21%	+6.7%
Jun 1997	25.51%	-10.4%
Mar 1997	28.48%	+0.1%
Dec 1996	28.44%	+3.1%
Sep 1996	27.58%	-2.3%
Jun 1996	28.23%	-9.5%
Mar 1996	31.21%	+160.3%
Dec 1995	11.99%	-64.2%
Sep 1995	33.50%	-2.8%
Jun 1995	34.45%	+6.7%
Mar 1995	32.29%	-13.2%
Dec 1994	37.22%	+5.4%
Sep 1994	35.32%	-1.8%
Jun 1994	35.98%	+7.2%
Mar 1994	33.55%	-9.2%
Dec 1993	36.93%	+2.0%
Sep 1993	36.22%	-0.8%
Jun 1993	36.53%	+6.9%
Mar 1993	34.17%	-10.5%
Dec 1992	38.16%	+2.2%
Sep 1992	37.33%	-1.8%
Jun 1992	38.03%	+7.1%
Mar 1992	35.52%	-9.4%
Dec 1991	39.20%	+5.0%
Sep 1991	37.33%	-2.8%
Jun 1991	38.41%	+10.7%
Mar 1991	34.71%	-11.1%
Dec 1990	39.04%	+5.0%
Sep 1990	37.18%	-4.9%
Jun 1990	39.11%	+7.1%
Mar 1990	36.51%	-13.0%
Dec 1989	41.98%	+9.1%
Sep 1989	38.47%	-2.1%
Jun 1989	39.31%	+5.5%
Mar 1989	37.26%	-

FAQ

What is the current quarterly gross margin of CVS?
As of today, CVS quarterly gross margin is 13.43%
What is CVS quarterly gross margin most recent change?
CVS quarterly gross margin was down -2.47% on September 30, 2025
What is 1-year change in CVS quarterly gross margin?
CVS quarterly gross margin is up +2.21% year-over-year
How far is CVS quarterly gross margin from its all-time high?
CVS quarterly gross margin is currently -68.01% below its historical high of 41.98% set on December 31, 1989
How does CVS quarterly gross margin rank versus sector peers?
CVS quarterly gross margin is higher than 21.84% of companies in Healthcare sector
When is CVS next earnings release?
The next earnings release for CVS is on February 10, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

CVS Official Website www.cvshealth.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/64803/000006480325000037/0000064803-25-000037-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/64803/000006480325000007/0000064803-25-000007-index.htm
CVS Profile on Yahoo Finance finance.yahoo.com/quote/CVS
CVS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/cvs