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CVS HEALTH vs Petmed Express: revenue, profit, margins and growth compared

CVS HEALTH brought in $402.1B of revenue in fiscal 2025, Petmed Express $179M in fiscal 2026. Revenue changed by +7.8% at CVS HEALTH and -21.1% at Petmed Express on the year before, so CVS HEALTH grew faster. CVS HEALTH kept 0.4% of its revenue as net profit, Petmed Express -32.0%. Free cash flow was $7.8B at CVS HEALTH and -$33M at Petmed Express.

Side by side, latest fiscal year

CVSPETS
Fiscal year endedFY2025 (December 31, 2025)FY2026 (March 31, 2026)
Revenue$402.1B$179M
Revenue growth+7.8%-21.1%
Net income$1.8B-$57.3M
Net margin0.4%-32.0%
Free cash flow$7.8B-$33M
Free cash flow margin1.9%-18.4%
Earnings per share (diluted)$1.39-$2.74
Cash$8.5B$21.4M
Debt$64.6Bn/a
Price to earnings64.1n/a
Market value$114B$33.2M
Dividend yield2.98%n/a
Rank by revenue in sector#1 of 93 · Consumer staples#76 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: $402.1BPETS FY2019: $283.4MPETS FY2020: $284.1MPETS FY2021: $303.6MPETS FY2022: $272.3MPETS FY2023: $256.6MPETS FY2024: $281.1MPETS FY2025: $227MPETS FY2026: $179MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CVS $402.1BPETS $179M
Net income
CVS FY2018: -$594MCVS FY2019: $6.6BCVS FY2020: $7.2BCVS FY2021: $8BCVS FY2022: $4.3BCVS FY2023: $8.3BCVS FY2024: $4.6BCVS FY2025: $1.8BPETS FY2019: $37.7MPETS FY2020: $25.9MPETS FY2021: $23.9MPETS FY2022: $18.7MPETS FY2023: $5.1MPETS FY2024: -$7.5MPETS FY2025: -$6.3MPETS FY2026: -$57.3MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CVS $1.8BPETS -$57.3M
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%PETS FY2019: 13.3%PETS FY2020: 9.1%PETS FY2021: 7.9%PETS FY2022: 6.9%PETS FY2023: 2.0%PETS FY2024: -2.7%PETS FY2025: -2.8%PETS FY2026: -32.0%FY18FY19FY20FY21FY22FY23FY24FY25FY26
CVS 0.4%PETS -32.0%
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%PETS FY2020: +0.2%PETS FY2021: +6.8%PETS FY2022: -10.3%PETS FY2023: -5.8%PETS FY2024: +9.5%PETS FY2025: -19.2%PETS FY2026: -21.1%FY19FY20FY21FY22FY23FY24FY25FY26
CVS +7.8%PETS -21.1%
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: $7.8BPETS FY2019: $44.5MPETS FY2020: $36.5MPETS FY2021: $37.6MPETS FY2022: $16.7MPETS FY2023: $22.5MPETS FY2024: -$194KPETS FY2025: -$395KPETS FY2026: -$33MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CVS $7.8BPETS -$33M

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

Questions about CVS HEALTH and Petmed Express

Which is bigger by revenue, CVS HEALTH or Petmed Express?

CVS HEALTH is bigger by revenue: $402.1B in fiscal 2025, against $179M for Petmed Express in fiscal 2026.

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

CVS HEALTH had a net margin of 0.4% in fiscal 2025; Petmed Express had -32.0% in fiscal 2026.

Which grew revenue faster, CVS HEALTH or Petmed Express?

In their latest fiscal years revenue changed by +7.8% at CVS HEALTH and -21.1% at Petmed Express.

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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