CVS logo

CVS Health Corporation (CVS) Payout Ratio

Annual Payout Ratio:

73.55%+36.12%(+96.50%)
December 31, 2024

Summary

  • As of today, CVS annual payout ratio is 73.55%, with the most recent change of +36.12% (+96.50%) on December 31, 2024.
  • During the last 3 years, CVS annual payout ratio has risen by +40.31% (+121.27%).
  • CVS annual payout ratio is now -63.23% below its all-time high of 200.00%, reached on December 31, 1997.

Performance

1-Year Change

+96.5%

3-Year Change

+121.27%

5-Year Change

+87.25%

15-Year Change

+137.18%

CVS Payout Ratio Chart

Add series to chart
Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Highlights

Sector Percentile

98.56%
CVS annual payout ratio is higher than 98.56% of companies in Healthcare sector

Range

All-Time High

200.00%
CVS annual payout ratio is currently -63.22% below its historical high of 200.00%

3-Year Low

33.24%
CVS annual payout ratio is currently +121.27% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2024
CVS previous annual earnings announcement was published on Dec 31, 2024

Next Annual Earnings Report Date

N/A
CVS next annual earnings announcement has not yet been scheduled

OtherCVSdividend metrics

Annual Dividend Per Share

$2.66
CVS annual dividend per share is $2.66

Annual Dividend Yield

3.20%
CVS annual dividend yield is 3.20%

Annual Dividends Paid

$3.37B
CVS annual dividends paid is $3.37 billion

Annual Net Income

$4.59B
CVS annual net profit is $4.59 billion

TTM Payout Ratio:

74.22%0.00%(0.00%)
October 21, 2025

Summary

  • As of today, CVS TTM payout ratio is 74.22%, unchanged on October 21, 2025.
  • Over the past year, CVS TTM payout ratio has increased by +6.64% (+9.83%).
  • CVS TTM payout ratio is now -66.26% below its all-time high of 220.00%.

Performance

3-Month Change

0%

1-Year Change

+9.83%

3-Year Change

-17.16%

5-Year Change

+79.8%

CVS TTM Payout Ratio Chart

Add series to chart
Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Highlights

Sector Percentile

98.67%
CVS TTM payout ratio is higher than 98.67% of companies in Healthcare sector

Range

All-Time High

220.00%
CVS TTM payout ratio is currently -66.26% below its historical high of 220.00%

3-Year Low

34.43%
CVS TTM payout ratio is currently +115.57% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

N/A
CVS has not yet announced its earnings

Next Quarterly Earnings Report Date

N/A
CVS next earnings announcement has not yet been scheduled

OtherCVSdividend metrics

TTM Dividend Per Share

$2.66
CVS TTM dividend per share is $2.66

TTM Dividend Yield

3.20%
CVS TTM dividend yield is 3.20%

TTM Dividends Paid

$3.38B
CVS TTM dividends paid is $3.38 billion

TTM Net Income

$4.49B
CVS TTM net profit is $4.49 billion

Quarterly Payout Ratio:

85.49%+38.35%(+81.35%)
June 30, 2025

Summary

  • As of today, CVS quarterly payout ratio is 85.49%, with the most recent change of +38.35% (+81.35%) on June 30, 2025.
  • Over the past year, CVS quarterly payout ratio has increased by +36.96% (+76.16%).
  • CVS quarterly payout ratio is now -92.75% below its all-time high of 1178.87%, reached on September 30, 2024.

Performance

3-Month Change

+81.35%

1-Year Change

+76.16%

3-Year Change

+251.09%

5-Year Change

+285.09%

CVS Quarterly Payout Ratio Chart

Add series to chart
Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Highlights

Sector Percentile

98.72%
CVS quarterly payout ratio is higher than 98.72% of companies in Healthcare sector

Range

All-Time High

1178.87%
CVS quarterly payout ratio is currently -92.75% below its historical high of 1178.87%

3-Year Low

-21.36%
CVS quarterly payout ratio is currently +500.23% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Jun 30, 2025
CVS previous earnings announcement was published on Jun 30, 2025

Next Quarterly Earnings Report Date

Oct 29, 2025
CVS next earnings announcement is scheduled for Oct 29, 2025

OtherCVSdividend metrics

Dividend Per Share

$0.67
CVS last dividend was $0.67 per share, with an ex-dividend date of July 22, 2025

TTM Dividend Yield

3.20%
CVS TTM dividend yield is 3.20%

Quarterly Dividends Paid

$866.00M
CVS quarterly dividends paid is $866.00 million

Quarterly Net Income

$1.01B
CVS quarterly net profit is $1.01 billion

Payout Ratio Formula

Payout Ratio =  Dividends Paid
Net Income x 100%

Annual Payout Ratio

73.55%
CVS annual payout ratio is 73.55%

Annual Dividends Paid

$3.37B
CVS annual dividends paid is $3.37 billion

Annual Net Income

$4.59B
CVS annual net profit is $4.59 billion

CVS Payout Ratio Trends

PeriodPeriodAnnualAnnualTTMTTMQuarterlyQuarterly
1Y1 Year+96.5%+9.8%+76.2%
3Y3 Years+121.3%-17.2%+251.1%
5Y5 Years+87.3%+79.8%+285.1%

CVS Payout Ratio Highs & Lows

PeriodPeriodAnnual vs HighAnnual vs HighAnnual vs LowAnnual vs LowTTM vs HighTTM vs HighTTM vs LowTTM vs LowQuarter. vs HighQuarter. vs HighQuarter. vs LowQuarter. vs Low
3Y3-Yearat high+121.3%-41.2%+115.6%-92.8%+500.2%
5Y5-Yearat high+121.3%-41.2%+124.8%-92.8%+500.2%
All-TimeAll-Time-63.2%+121.6%-66.3%+116.3%-92.8%+105.2%

CVS Payout Ratio History

DateAnnualTTMQuarterly
Oct 2025
-
74.22%(0.0%)
-
Jun 2025
-
74.22%(+16.8%)
85.49%(+81.4%)
Mar 2025
-
63.54%(-12.6%)
47.14%(-8.7%)
Dec 2024
73.55%(+96.5%)
72.74%(+10.1%)
51.63%(-95.6%)
Sep 2024
-
66.06%(+46.2%)
1178.87%(+2329.2%)
Jun 2024
-
45.20%(+3.7%)
48.53%(-35.1%)
Mar 2024
-
43.58%(+16.5%)
74.73%(+96.3%)
Dec 2023
37.43%(-44.3%)
37.42%(+5.3%)
38.06%(+10.7%)
Sep 2023
-
35.54%(-64.4%)
34.39%(-17.2%)
Jun 2023
-
99.96%(+38.6%)
41.54%(+14.2%)
Mar 2023
-
72.12%(+6.4%)
36.37%(+18.0%)
Dec 2022
67.18%(+102.1%)
67.80%(-22.6%)
30.83%(+244.3%)
Sep 2022
-
87.56%(+160.5%)
-21.36%(-187.7%)
Jun 2022
-
33.61%(-0.8%)
24.35%(-20.6%)
Mar 2022
-
33.87%(+1.0%)
30.66%(-39.8%)
Dec 2021
33.24%(-8.8%)
33.55%(-4.1%)
50.93%(+22.7%)
Sep 2021
-
34.97%(-4.7%)
41.52%(+78.3%)
Jun 2021
-
36.71%(+3.1%)
23.29%(-21.1%)
Mar 2021
-
35.62%(-2.7%)
29.50%(-54.9%)
Dec 2020
36.44%(-7.2%)
36.61%(+10.9%)
65.45%(+20.0%)
Sep 2020
-
33.02%(+4.0%)
54.55%(+145.7%)
Jun 2020
-
31.75%(-12.3%)
22.20%(-31.5%)
Mar 2020
-
36.20%(-8.0%)
32.41%(-13.3%)
Dec 2019
39.28%(+111.5%)
39.34%(-33.5%)
37.37%(-11.6%)
Sep 2019
-
59.13%(+5.6%)
42.25%(+24.1%)
Jun 2019
-
55.99%(+112.3%)
34.04%(-25.3%)
Mar 2019
-
-456.41%(-25.1%)
45.54%(+137.7%)
Dec 2018
-340.23%(-1197.2%)
-364.83%(-654.9%)
-120.85%(-429.1%)
Sep 2018
-
65.75%(-3.4%)
36.72%(+284.5%)
Jun 2018
-
68.03%(+122.1%)
-19.90%(-139.0%)
Mar 2018
-
30.63%(-0.9%)
51.00%(+227.6%)
Dec 2017
31.01%(-10.8%)
30.91%(-22.3%)
15.57%(-60.9%)
Sep 2017
-
39.77%(+7.7%)
39.86%(-14.8%)
Jun 2017
-
36.93%(-0.1%)
46.80%(-13.1%)
Mar 2017
-
36.98%(+7.0%)
53.86%(+100.5%)
Dec 2016
34.76%(+14.8%)
34.55%(-0.9%)
26.86%(-9.4%)
Sep 2016
-
34.88%(-2.4%)
29.64%(-40.6%)
Jun 2016
-
35.72%(+11.4%)
49.89%(+21.1%)
Mar 2016
-
32.07%(+6.1%)
41.19%(+56.2%)
Dec 2015
30.28%(+8.8%)
30.24%(+1.4%)
26.37%(-17.0%)
Sep 2015
-
29.81%(-1.2%)
31.76%(+1.7%)
Jun 2015
-
30.16%(+4.8%)
31.23%(-4.8%)
Mar 2015
-
28.77%(+3.7%)
32.81%(+36.3%)
Dec 2014
27.84%(+16.7%)
27.75%(+2.3%)
24.07%(-29.9%)
Sep 2014
-
27.13%(+10.9%)
34.32%(+32.8%)
Jun 2014
-
24.46%(+1.4%)
25.84%(-10.2%)
Mar 2014
-
24.13%(+0.7%)
28.79%(+35.5%)
Dec 2013
23.85%(+11.7%)
23.96%(+3.3%)
21.24%(-3.0%)
Sep 2013
-
23.20%(+1.0%)
21.90%(-11.0%)
Jun 2013
-
22.96%(+3.8%)
24.60%(-15.1%)
Mar 2013
-
22.13%(+3.6%)
28.97%(+61.9%)
Dec 2012
21.35%(+10.5%)
21.36%(+3.9%)
17.89%(-12.6%)
Sep 2012
-
20.56%(+1.4%)
20.47%(-5.4%)
Jun 2012
-
20.27%(+1.3%)
21.64%(-20.4%)
Mar 2012
-
20.01%(+4.5%)
27.19%(+80.1%)
Dec 2011
19.32%(+38.7%)
19.14%(+4.3%)
15.10%(-21.6%)
Sep 2011
-
18.35%(+6.2%)
19.26%(-7.5%)
Jun 2011
-
17.28%(+9.7%)
20.83%(-13.1%)
Mar 2011
-
15.75%(+12.0%)
23.98%(+106.7%)
Dec 2010
13.93%(+17.7%)
14.06%(+2.9%)
11.60%(-20.2%)
Sep 2010
-
13.66%(+8.5%)
14.53%(+0.3%)
Jun 2010
-
12.59%(+3.5%)
14.48%(-8.4%)
Mar 2010
-
12.16%(+1.8%)
15.80%(+53.7%)
Dec 2009
11.84%(+3.4%)
11.95%(-1.2%)
10.28%(-4.5%)
Sep 2009
-
12.10%(-6.3%)
10.76%(-13.8%)
Jun 2009
-
12.91%(+2.6%)
12.48%(-15.4%)
Mar 2009
-
12.58%(+6.8%)
14.75%(+25.0%)
Dec 2008
11.45%(-6.4%)
11.78%(-1.1%)
11.80%(-1.8%)
Sep 2008
-
11.91%(+1.3%)
12.02%(+14.8%)
Jun 2008
-
11.76%(-3.0%)
10.47%(-8.8%)
Mar 2008
-
12.12%(+0.7%)
11.48%(-8.1%)
Dec 2007
12.23%(+18.9%)
12.04%(+6.7%)
12.49%(-2.3%)
Sep 2007
-
11.28%(+4.2%)
12.79%(+0.5%)
Jun 2007
-
10.83%(+8.4%)
12.73%(+29.1%)
Mar 2007
-
9.99%(+4.0%)
9.86%(-10.2%)
Dec 2006
10.29%
9.61%(+0.9%)
10.98%(-1.9%)
Sep 2006
-
9.52%(-0.2%)
11.19%(+19.3%)
Jun 2006
-
9.54%(-2.9%)
9.38%(-2.2%)
DateAnnualTTMQuarterly
Mar 2006
-
9.82%(-1.3%)
9.59%(-10.8%)
Dec 2005
10.75%(-17.6%)
9.95%(-6.9%)
10.75%(-7.6%)
Sep 2005
-
10.69%(-4.0%)
11.63%(+9.1%)
Jun 2005
-
11.13%(-1.9%)
10.66%(+6.2%)
Mar 2005
-
11.34%(-1.9%)
10.04%(-27.2%)
Dec 2004
13.04%(+5.0%)
11.56%(+0.6%)
13.80%(-3.9%)
Sep 2004
-
11.49%(+4.5%)
14.36%(+28.0%)
Jun 2004
-
11.00%(+0.4%)
11.22%(+4.8%)
Mar 2004
-
10.96%(-1.5%)
10.71%(-24.2%)
Dec 2003
12.42%(-15.2%)
11.13%(-7.2%)
14.12%(+16.8%)
Sep 2003
-
12.00%(-3.1%)
12.09%(+6.4%)
Jun 2003
-
12.39%(-3.2%)
11.36%(-1.3%)
Mar 2003
-
12.80%(-2.8%)
11.51%(-38.3%)
Dec 2002
14.64%(-42.5%)
13.17%(-47.4%)
18.64%(+35.6%)
Sep 2002
-
25.04%(-10.9%)
13.75%(+7.8%)
Jun 2002
-
28.10%(+6.1%)
12.76%(-0.4%)
Mar 2002
-
26.48%(+12.6%)
12.81%(+144.6%)
Dec 2001
25.46%(+81.2%)
23.51%(+86.7%)
-28.73%(-257.3%)
Sep 2001
-
12.59%(+4.9%)
18.27%(+60.1%)
Jun 2001
-
12.00%(-1.1%)
11.41%(+12.0%)
Mar 2001
-
12.13%(-3.7%)
10.19%(-42.8%)
Dec 2000
14.05%(-14.8%)
12.59%(-2.7%)
17.80%(+25.5%)
Sep 2000
-
12.94%(-5.1%)
14.18%(+17.6%)
Jun 2000
-
13.63%(-3.5%)
12.06%(+2.6%)
Mar 2000
-
14.13%(-4.3%)
11.76%(-41.3%)
Dec 1999
16.49%(-36.2%)
14.77%(-6.4%)
20.02%(+8.2%)
Sep 1999
-
15.78%(-3.4%)
18.50%(+34.3%)
Jun 1999
-
16.34%(-25.4%)
13.78%(+0.8%)
Mar 1999
-
21.90%(+25.4%)
13.67%(-45.4%)
Dec 1998
25.86%(-87.1%)
17.46%(+0.4%)
25.03%(+14.4%)
Sep 1998
-
17.39%(-2.0%)
21.88%(-85.6%)
Jun 1998
-
17.74%(-58.9%)
151.85%(+869.7%)
Mar 1998
-
43.14%(-80.4%)
15.66%(-40.7%)
Dec 1997
200.00%(+262.5%)
220.00%(+537.9%)
26.42%(-23.0%)
Sep 1997
-
34.49%(+12.5%)
34.31%(+764.9%)
Jun 1997
-
30.65%(+79.4%)
-5.16%(-136.5%)
Mar 1997
-
17.08%(-43.8%)
14.15%(-28.9%)
Dec 1996
55.18%(+292.1%)
30.40%(+191.2%)
19.91%(+5.7%)
Sep 1996
-
-33.33%(+4.6%)
18.84%(+109.8%)
Jun 1996
-
-34.92%(+29.7%)
-192.11%(-335.2%)
Mar 1996
-
-49.67%(-17.6%)
81.69%(+792.9%)
Dec 1995
-28.73%(-158.2%)
-42.22%(-151.9%)
-11.79%(+99.3%)
Sep 1995
-
81.28%(+27.8%)
-1636.00%(-657.9%)
Jun 1995
-
63.60%(+5.9%)
293.25%(+293.1%)
Mar 1995
-
60.08%(+9.5%)
-151.89%(-582.2%)
Dec 1994
49.37%(+6.0%)
54.87%(+8.5%)
31.50%(-59.3%)
Sep 1994
-
50.57%(-3.3%)
77.37%(-55.0%)
Jun 1994
-
52.31%(+9.6%)
171.93%(+110.7%)
Mar 1994
-
47.71%(-5.7%)
-1604.00%(-7025.7%)
Dec 1993
46.56%(-59.2%)
50.57%(-71.2%)
23.16%(-81.4%)
Sep 1993
-
175.58%(+17.1%)
124.82%(+12.4%)
Jun 1993
-
150.00%(+4.7%)
111.01%(+160.4%)
Mar 1993
-
143.27%(+8.4%)
-183.87%(-134.8%)
Dec 1992
114.14%(+159.7%)
132.14%(+194.8%)
528.69%(+668.3%)
Sep 1992
-
44.82%(+0.7%)
68.81%(-45.2%)
Jun 1992
-
44.51%(-4.8%)
125.55%(+141.6%)
Mar 1992
-
46.77%(+3.9%)
-301.56%(-1215.2%)
Dec 1991
43.95%(+13.0%)
45.00%(+1.0%)
27.04%(-59.6%)
Sep 1991
-
44.57%(+3.5%)
66.91%(-54.4%)
Jun 1991
-
43.08%(+5.8%)
146.82%(+109.5%)
Mar 1991
-
40.73%(+3.2%)
-1545.83%(-6340.7%)
Dec 1990
38.90%(+4.0%)
39.47%(-0.1%)
24.77%(-56.5%)
Sep 1990
-
39.51%(+2.8%)
56.92%(-44.4%)
Jun 1990
-
38.44%(-2.4%)
102.30%(-78.1%)
Mar 1990
-
39.37%(+7.7%)
467.95%(+1807.7%)
Dec 1989
37.39%(+30.0%)
36.54%(-58.7%)
24.53%(-48.8%)
Sep 1989
-
88.46%(+5.3%)
47.91%(-60.4%)
Jun 1989
-
84.00%(+5.6%)
120.94%(-17.6%)
Mar 1989
-
79.54%(>+9900.0%)
146.69%
Dec 1988
28.76%(-1.4%)
0.00%(0.0%)
-
Dec 1987
29.18%(-1.3%)
0.00%(0.0%)
-
Dec 1986
29.57%(-37.5%)
0.00%(0.0%)
-
Dec 1985
47.28%(+0.6%)
0.00%(0.0%)
-
Dec 1984
47.01%(+12.5%)
0.00%(0.0%)
-
Dec 1983
41.78%(-8.8%)
0.00%(0.0%)
-
Dec 1982
45.79%(+4.8%)
0.00%(0.0%)
-
Dec 1981
43.71%(+2.0%)
0.00%(0.0%)
-
Dec 1980
42.84%
0.00%
-

FAQ

  • What is CVS Health Corporation annual payout ratio?
  • What is the all-time high annual payout ratio for CVS Health Corporation?
  • What is CVS Health Corporation annual payout ratio year-on-year change?
  • What is CVS Health Corporation TTM payout ratio?
  • What is the all-time high TTM payout ratio for CVS Health Corporation?
  • What is CVS TTM payout ratio year-to-date change?
  • What is CVS Health Corporation TTM payout ratio year-on-year change?
  • What is CVS Health Corporation quarterly payout ratio?
  • What is the all-time high quarterly payout ratio for CVS Health Corporation?
  • What is CVS Health Corporation quarterly payout ratio year-on-year change?

What is CVS Health Corporation annual payout ratio?

The current annual payout ratio of CVS is 73.55%

What is the all-time high annual payout ratio for CVS Health Corporation?

CVS Health Corporation all-time high annual payout ratio is 200.00%

What is CVS Health Corporation annual payout ratio year-on-year change?

Over the past year, CVS annual payout ratio has changed by +36.12% (+96.50%)

What is CVS Health Corporation TTM payout ratio?

The current TTM payout ratio of CVS is 74.22%

What is the all-time high TTM payout ratio for CVS Health Corporation?

CVS Health Corporation all-time high TTM payout ratio is 220.00%

What is CVS TTM payout ratio year-to-date change?

CVS Health Corporation TTM payout ratio has changed by +1.48% (+2.03%) since the beginning of the year

What is CVS Health Corporation TTM payout ratio year-on-year change?

Over the past year, CVS TTM payout ratio has changed by +6.64% (+9.83%)

What is CVS Health Corporation quarterly payout ratio?

The current quarterly payout ratio of CVS is 85.49%

What is the all-time high quarterly payout ratio for CVS Health Corporation?

CVS Health Corporation all-time high quarterly payout ratio is 1178.87%

What is CVS Health Corporation quarterly payout ratio year-on-year change?

Over the past year, CVS quarterly payout ratio has changed by +36.96% (+76.16%)
On this page