CVS Health Corporation EV/EBITDA
Data as of June 01, 2026
EV/EBITDA
11.86
Enterprise Value
$182.81B
EBITDA (TTM)
$15.41B
Sector
Healthcare
How It's Calculated
11.86 = $182.81B ÷ $15.41B
What This Means
CVS Health Corporation's EV/EBITDA of 11.9 is in a moderate range for Healthcare.
About CVS Health Corporation
CVS Health Corporation (CVS) operates in the Healthcare sector, specifically in Healthcare Plans. With a market capitalization of about $116.08B, it ranks as a large-cap stock — a major established company.
Shares recently traded near $90.98, within a 52-week range of $58.50 to $98.43 (-7.6% from the high, +55.5% from the low). Beta of 0.59 indicates relatively lower volatility versus the market.
Trailing profit margin is about 0.7%, signaling modest profitability that investors should weigh against growth plans.
Understanding This Metric
EV/EBITDA is widely used when comparing companies with different debt loads because enterprise value includes net debt while EBITDA approximates operating cash earnings power. For CVS Health Corporation, the ratio should be read with growth, capex needs, and cycle position in Healthcare. Pair EV/EBITDA with free cash flow yield and net debt metrics before drawing conclusions — especially when EBITDA is depressed or boosted by one-time items.
Using This Number in Practice
Near 11.86x EV/EBITDA, CVS Health Corporation (CVS) carries a mid-range EV/EBITDA multiple that investors often stack-rank within the sector. Enterprise value of about $182.81B and EBITDA near $15.41B form the ratio — adjust for one-time items before treating the headline multiple as comparable.
Credit and LBO workflows often sort names on EV/EBITDA before drilling into free cash flow and maintenance capex. Pair this view with the EV/EBITDA calculator and the CVS metrics hub for related valuation pages.
Sector Comparison
Among Healthcare names on our S&P 100 coverage, CVS Health Corporation's EV/EBITDA of 11.86 can be compared with peers such as LLY (28.26), JNJ (16.76), UNH (18.61). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Healthcare stocks.
Key Takeaways
- CVS is grouped in the Healthcare sector for peer comparisons.
- Recent beta of 0.59 suggests lower-than-market price sensitivity.
- Trailing profit margin of 0.7% provides context for how much earnings support the headline multiple.
Related Tools & Guides
Explore calculators and guides connected to this metric, or view all metrics for CVS.
Other CVS Metrics
Frequently Asked Questions
What is CVS's EV/EBITDA?
EV/EBITDA compares enterprise value to operating earnings before interest, taxes, depreciation, and amortization. CVS Health Corporation's ratio is about 11.86 — common for comparing leveraged companies in Healthcare.
Is 11.86 high or low vs peers?
Among Healthcare peers (e.g. LLY (28.26), TMO (19.75), UNH (18.61)), CVS's 11.86 should be read with growth, capex, and debt levels.
When is EV/EBITDA misleading?
EBITDA ignores capex, working capital, and stock-based comp; negative or tiny EBITDA makes the ratio meaningless. Cross-check with free cash flow and net debt.
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