CVS HEALTH CORPORATION — Cash Flow Charts
8 quarters of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Net Debt Issuance
Cash Flow
Cash Flow by Activity
Operating Cash Flow↑+82.3% +$1.53B
$3.39B
Free Cash Flow↑+138.6% +$1.51B
$2.61B
Investing Cash Flow↑+63.6% +$1.33B
$-762M
Financing Cash Flow↓-35.5% -$443M
$806M
Capex↑+2.1% +$16M
$784M
Acquisitions↓-30.0% -$3M
$7M
Stock Buybacks
$0
Dividends Paid↑+0.8% +$7M
$845M
Stock-Based Comp↓-1.5% -$2M
$135M
Debt Issued↓-100.0% -$2.95B
$0
Debt Repaid↓-99.3% -$3.05B
$20M
D&A↑+0.0% +$0
$1.15B
SBC Allocated Expense↓-1.4% -$5M
$363M