10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
CVS Health's 10-Year ROIIC % for the quarter that ended in Dec. 2025 was 2.25%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for CVS Health's 10-Year ROIIC % or its related term are showing as below:
XSWX:CVS's 10-Year ROIIC % is ranked worse than 56.25% of 16
companies
in the Healthcare Plans industry
Industry Median: 2.275
vs XSWX:CVS: 2.25
CVS Health (XSWX:CVS) 10-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
CVS Health 10-Year ROIIC % Related Terms
CVS Health 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for CVS Health's 10-Year ROIIC % 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.
XSWX:CVS vs ELV, CI, HUM: 10-Year ROIIC % Comparison
For the Healthcare Plans subindustry, CVS Health's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % vs Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, CVS Health's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where CVS Health's 10-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
CVS Health (XSWX:CVS) has a 10-Year ROIIC % of 2.25 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on CVS Health and its competitors. According to the industry distribution chart, CVS Health ranks #9 out of 16 companies in the Healthcare Plans industry, placing it in the top 56.2%.
Is CVS Health's 10-Year ROIIC % too high?
CVS Health's current 10-Year ROIIC % is 2.25. The Healthcare Plans industry median 10-Year ROIIC % is 2.28. CVS Health's value of 2.25 is 1.1% below this industry median. Based on the distribution chart, CVS Health ranks #9 out of 16 companies in the Healthcare Plans industry, which is below the industry midpoint. Overall, CVS Health has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does CVS Health's 10-Year ROIIC % compare to ELV and CI?
According to the Healthcare Plans industry distribution chart, CVS Health ranks #9 out of 16 companies for 10-Year ROIIC %. This places CVS Health in the lower half of its industry. The industry median 10-Year ROIIC % is 2.28. CVS Health's value of 2.25 is 1.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a Healthcare Plans company?
The median 10-Year ROIIC % among Healthcare Plans companies is 2.28, based on 16 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CVS Health's current 10-Year ROIIC % of 2.25 is 1.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on CVS Health and its competitors. For the Healthcare Plans industry, the median 10-Year ROIIC % is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CVS Health's current 10-Year ROIIC % is 2.25. 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?
CVS Health (XSWX:CVS) has a current 10-Year ROIIC % of 2.25. The stock's GF Value™ is CHF63.19, compared to a current price of CHF83.03 — trading 31.4% above its estimated fair value. The current 10-Year ROIIC % is 2.25 and 1.1% below the Healthcare Plans industry median of 2.28. CVS Health's overall GF Score™ is 77/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For CVS Health (XSWX:CVS), the current 10-Year ROIIC % is 2.25 as of Dec. 2025. 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 (XSWX:CVS) Overvalued in 2026?
Based on GuruFocus' analysis, CVS Health stock appears to be overvalued.
The current stock price of CHF83.03 is trading 31.4% above its estimated GF Value™ of CHF63.19.
Key valuation signals for XSWX:CVS:
10-Year ROIIC %: 2.25
GF Value™: CHF63.19 vs. price of CHF83.03 (31.4% above fair value)
Industry Position: 1.1% below the Healthcare Plans median (#9 of 16)
No single metric tells the full story. See the XSWX: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.
77GF Score
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