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CVS HEALTH vs Kroger: revenue, profit, margins and growth compared

CVS HEALTH brought in $402.1B of revenue in fiscal 2025, Kroger $147.6B in fiscal 2025. Revenue changed by +7.8% at CVS HEALTH and +0.4% at Kroger on the year before, so CVS HEALTH grew faster. CVS HEALTH kept 0.4% of its revenue as net profit, Kroger 0.7%. Free cash flow was $7.8B at CVS HEALTH and $3.5B at Kroger.

Side by side, latest fiscal year

CVSKR
Fiscal year endedFY2025 (December 31, 2025)FY2025 (January 31, 2026)
Revenue$402.1B$147.6B
Revenue growth+7.8%+0.4%
Net income$1.8B$1B
Net margin0.4%0.7%
Free cash flow$7.8B$3.5B
Free cash flow margin1.9%2.3%
Earnings per share (diluted)$1.39$1.54
Cash$8.5B$3.3B
Debt$64.6B$15.9B
Price to earnings64.138.1
Market value$114B$36B
Dividend yield2.98%2.33%
Rank by revenue in sector#1 of 93 · Consumer staples#2 of 93 · Consumer staples

Over the years

Revenue
CVS FY2018: $194.6BCVS FY2019: $256.8BCVS FY2020: $268.7BCVS FY2021: $292.1BCVS FY2022: $322.5BCVS FY2023: $357.8BCVS FY2024: $372.8BCVS FY2025: $402.1BKR FY2018: $121.9BKR FY2019: $122.3BKR FY2020: $132.5BKR FY2021: $137.9BKR FY2022: $148.3BKR FY2024: $150BKR FY2025: $147.1BKR FY2025: $147.6BFY18FY19FY20FY21FY22FY23FY24FY25
CVS $402.1BKR $147.6B
Net income
CVS FY2018: -$594MCVS FY2019: $6.6BCVS FY2020: $7.2BCVS FY2021: $8BCVS FY2022: $4.3BCVS FY2023: $8.3BCVS FY2024: $4.6BCVS FY2025: $1.8BKR FY2018: $3.1BKR FY2019: $1.7BKR FY2020: $2.6BKR FY2021: $1.7BKR FY2022: $2.2BKR FY2024: $2.2BKR FY2025: $2.7BKR FY2025: $1BFY18FY19FY20FY21FY22FY23FY24FY25
CVS $1.8BKR $1B
Net margin
CVS FY2018: -0.3%CVS FY2019: 2.6%CVS FY2020: 2.7%CVS FY2021: 2.7%CVS FY2022: 1.3%CVS FY2023: 2.3%CVS FY2024: 1.2%CVS FY2025: 0.4%KR FY2018: 2.6%KR FY2019: 1.4%KR FY2020: 2.0%KR FY2021: 1.2%KR FY2022: 1.5%KR FY2024: 1.4%KR FY2025: 1.8%KR FY2025: 0.7%FY18FY19FY20FY21FY22FY23FY24FY25
CVS 0.4%KR 0.7%
Revenue growth
CVS FY2019: +32.0%CVS FY2020: +4.6%CVS FY2021: +8.7%CVS FY2022: +10.4%CVS FY2023: +10.9%CVS FY2024: +4.2%CVS FY2025: +7.8%KR FY2019: +0.4%KR FY2020: +8.4%KR FY2021: +4.1%KR FY2022: +7.5%KR FY2024: +1.2%KR FY2025: -1.9%KR FY2025: +0.4%FY19FY20FY21FY22FY23FY24FY25
CVS +7.8%KR +0.4%
Free cash flow
CVS FY2018: $6.8BCVS FY2019: $10.4BCVS FY2020: $13.4BCVS FY2021: $15.7BCVS FY2022: $13.5BCVS FY2023: $10.4BCVS FY2024: $6.3BCVS FY2025: $7.8BKR FY2018: $1.2BKR FY2019: $1.5BKR FY2020: $4BKR FY2021: $3.6BKR FY2022: $1.4BKR FY2024: $2.9BKR FY2025: $1.8BKR FY2025: $3.5BFY18FY19FY20FY21FY22FY23FY24FY25
CVS $7.8BKR $3.5B

Fiscal years as each company reports them; the two may end in different months.

Questions about CVS HEALTH and Kroger

Which is bigger by revenue, CVS HEALTH or Kroger?

CVS HEALTH is bigger by revenue: $402.1B in fiscal 2025, against $147.6B for Kroger in fiscal 2025.

Which keeps more of its revenue as profit, CVS HEALTH or Kroger?

CVS HEALTH had a net margin of 0.4% in fiscal 2025; Kroger had 0.7% in fiscal 2025.

Which grew revenue faster, CVS HEALTH or Kroger?

In their latest fiscal years revenue changed by +7.8% at CVS HEALTH and +0.4% at Kroger.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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