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CVS HEALTH vs 111: revenue, profit, margins and growth compared

CVS HEALTH brought in $402.1B of revenue in fiscal 2025, 111 $1.8B in fiscal 2025. Revenue changed by +7.8% at CVS HEALTH and -9.0% at 111 on the year before, so CVS HEALTH grew faster. CVS HEALTH kept 0.4% of its revenue as net profit, 111 -0.5%. Free cash flow was $7.8B at CVS HEALTH and $16.4M at 111.

Side by side, latest fiscal year

CVSYI
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$402.1B$1.8B
Revenue growth+7.8%-9.0%
Net income$1.8B-$9.5M
Net margin0.4%-0.5%
Free cash flow$7.8B$16.4M
Free cash flow margin1.9%0.9%
Earnings per share (diluted)$1.39-$0.05
Cash$8.5B$73.1M
Debt$64.6Bn/a
Price to earnings64.1n/a
Market value$114B$31.7M
Dividend yield2.98%n/a
Rank by revenue in sector#1 of 125 · Consumer staples#51 of 125 · 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: $402.1BYI FY2018: $259.8MYI FY2019: $567.7MYI FY2020: $1.3BYI FY2021: $1.9BYI FY2022: $2BYI FY2023: $2.1BYI FY2024: $2BYI FY2025: $1.8BFY18FY19FY20FY21FY22FY23FY24FY25
CVS $402.1BYI $1.8B
Net income
CVS FY2018: -$594MCVS FY2019: $6.6BCVS FY2020: $7.2BCVS FY2021: $8BCVS FY2022: $4.3BCVS FY2023: $8.3BCVS FY2024: $4.6BCVS FY2025: $1.8BYI FY2018: -$55.3MYI FY2019: -$71.8MYI FY2020: -$70MYI FY2021: -$105.1MYI FY2022: -$60.4MYI FY2023: -$55.3MYI FY2024: -$8.9MYI FY2025: -$9.5MFY18FY19FY20FY21FY22FY23FY24FY25
CVS $1.8BYI -$9.5M
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%YI FY2018: -21.3%YI FY2019: -12.6%YI FY2020: -5.6%YI FY2021: -5.4%YI FY2022: -3.1%YI FY2023: -2.6%YI FY2024: -0.4%YI FY2025: -0.5%FY18FY19FY20FY21FY22FY23FY24FY25
CVS 0.4%YI -0.5%
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%YI FY2019: +118.5%YI FY2020: +121.5%YI FY2021: +55.1%YI FY2022: +0.5%YI FY2023: +7.4%YI FY2024: -6.3%YI FY2025: -9.0%FY19FY20FY21FY22FY23FY24FY25
CVS +7.8%YI -9.0%
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: $7.8BYI FY2018: -$52MYI FY2019: -$76.5MYI FY2020: -$21.8MYI FY2021: -$117.9MYI FY2022: -$7.9MYI FY2023: -$64.4MYI FY2024: $34MYI FY2025: $16.4MFY18FY19FY20FY21FY22FY23FY24FY25
CVS $7.8BYI $16.4M

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

Questions about CVS HEALTH and 111

Which is bigger by revenue, CVS HEALTH or 111?

CVS HEALTH is bigger by revenue: $402.1B in fiscal 2025, against $1.8B for 111 in fiscal 2025.

Which keeps more of its revenue as profit, CVS HEALTH or 111?

CVS HEALTH had a net margin of 0.4% in fiscal 2025; 111 had -0.5% in fiscal 2025.

Which grew revenue faster, CVS HEALTH or 111?

In their latest fiscal years revenue changed by +7.8% at CVS HEALTH and -9.0% at 111.

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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