Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. CVS Health's shares outstanding for the quarter that ended in Mar. 2026 was 1,273 Mil.
CVS Health's quarterly shares outstanding
increased
from Dec. 2025 (1,271 Mil) to Mar. 2026 (1,273 Mil).
It means CVS Healthissued new shares from Dec. 2025 to Mar. 2026 .
CVS Health's annual shares outstanding
increased
from Dec. 2024 (1,260 Mil) to Dec. 2025 (1,271 Mil).
It means CVS Healthissued new shares from Dec. 2024 to Dec. 2025 .
CVS Health (MEX:CVS) Shares Outstanding (EOP) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
CVS Health Shares Outstanding (EOP) Related Terms
CVS Health Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for CVS Health's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:CVS vs ELV, CI, HUM: Shares Outstanding (EOP) Comparison
For the Healthcare Plans subindustry, CVS Health's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CVS Health Shares Outstanding (EOP) vs Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, CVS Health's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where CVS Health's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 1,273 Mil mean?
CVS Health (MEX:CVS) has a Shares Outstanding (EOP) of 1,273 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on CVS Health and its competitors.
Is CVS Health's Shares Outstanding (EOP) too high?
CVS Health's current Shares Outstanding (EOP) is 1,273 Mil. Overall, CVS Health has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CVS Health's Shares Outstanding (EOP) compare to ELV and CI?
CVS Health's Shares Outstanding (EOP) of 1,273 Mil can be compared against companies in the Healthcare Plans industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Healthcare Plans company?
A good Shares Outstanding (EOP) depends on the Healthcare Plans industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on CVS Health and its competitors. CVS Health's current Shares Outstanding (EOP) is 1,273 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVS Health stock overvalued right now?
Based on GuruFocus' analysis, CVS Health (MEX:CVS) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,357.59, compared to a current price of MXN1,810.00 — trading 33.3% above its estimated fair value. The current Shares Outstanding (EOP) is 1,273 Mil. CVS Health's overall GF Score™ is 70/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For CVS Health (MEX:CVS), the current Shares Outstanding (EOP) is 1,273 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CVS Health (MEX:CVS) Overvalued in 2026?
Based on GuruFocus' analysis, CVS Health stock appears to be overvalued.
The current stock price of MXN1,810.00 is trading 33.3% above its estimated GF Value™ of MXN1,357.59.
GuruFocus considers CVS Health to be Significantly Overvalued.
Key valuation signals for MEX:CVS:
Shares Outstanding (EOP): 1,273 Mil
GF Value™: MXN1,357.59 vs. price of MXN1,810.00 (33.3% above fair value)
No single metric tells the full story. See the MEX:CVS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates around 9,000 stores primarily in the US. CVS is also a large pharmacy benefit manager (acquired through Caremark), processing about 2 billion adjusted claims annually. It operates a top-tier health insurer (acquired through Aetna) through which it serves about 27 million medical members. The acquisition of Oak Street Health added primary care services to the mix, which could have significant synergies with all existing business lines.
70GF Score
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