CVS Health Corporation (CVS) vs Danaher Corporation (DHR)
CVS and DHR are evenly matched — 8 metrics each of 16.
A side-by-side comparison of CVS Health Corporation and Danaher Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — CVS vs DHR
growth of $100 · last 30yCVS +882.3%DHR +5181.5%DHR compounded faster
Log scale — wide-divergence pair
CVS DHR
CVS vs DHR: by the numbers
- •CVS is the larger company ($130.09B vs $127.47B market cap).
- •DHR trades at the lower earnings multiple (34.84 vs 44.92 P/E).
- •DHR converts more revenue to profit (14.89% vs 0.72% net margin).
- •CVS grew revenue faster over the past five years (8.52% vs 2.05% CAGR).
- •CVS pays the higher dividend yield (2.61% vs 0.76%).
Which is better, CVS or DHR?
Metric tally: CVS 8 · DHR 8It depends on what you're optimizing for:
ValueDHR(lower P/E)
GrowthCVS(faster 5Y revenue CAGR)
IncomeCVS(higher dividend yield)
QualityDHR(higher ROIC)
Valuation
| Metric | CVS | DHR |
|---|---|---|
| P/E ratio | 44.92 | 34.84● |
| Forward P/E | 12.17● | 19.73 |
| P/S ratio | 0.32● | 5.17 |
| P/B ratio | 1.68● | 2.42 |
| PEG ratio | — | 87.09 |
| EV / EBITDA | 17.90● | 21.20 |
| FCF yield | 5.67%● | 4.13% |
Profitability
| Metric | CVS | DHR |
|---|---|---|
| Gross margin | 13.87% | 60.68%● |
| Operating margin | 1.46% | 20.95%● |
| Net margin | 0.72% | 14.89%● |
| ROE | 3.79% | 6.97%● |
| ROIC | 4.72% | 5.72%● |
Dividends
| Metric | CVS | DHR |
|---|---|---|
| Dividend yield | 2.61%● | 0.76% |
| Payout ratio | 190.00% | 26.82% |
Growth (annualized)
| Metric | CVS | DHR |
|---|---|---|
| Revenue CAGR (5Y) | 8.52%● | 2.05% |
| EPS CAGR (5Y) | -23.89% | 0.40%● |
| FCF CAGR (5Y) | -10.57% | -0.45%● |
| Total return CAGR (5Y) | 7.06%● | -3.38% |
Frequently asked
- Which is better, CVS or DHR?
- It depends on your goal. value: DHR (lower P/E); growth: CVS (faster 5Y revenue CAGR); income: CVS (higher dividend yield); quality: DHR (higher ROIC). Across all compared metrics, they are evenly matched.
- Is CVS or DHR cheaper?
- On trailing earnings, DHR is cheaper: CVS trades at a 44.92 P/E and DHR at 34.84.
- Which has grown faster, CVS or DHR?
- Over the past five years, CVS grew revenue faster — CVS at a 8.52% CAGR versus DHR at 2.05%.
- Does CVS or DHR pay a bigger dividend?
- CVS yields 2.61% and DHR yields 0.76% based on trailing dividends and the latest price.
- Is CVS or DHR more profitable?
- DHR runs the higher net margin — CVS at 0.72% versus DHR at 14.89%.
- Which has been the better investment, CVS or DHR?
- Over the past 10-year, DHR delivered the higher annualized total return — CVS at 3.66% versus DHR at 10.98%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
CVS Health P/E ratioDanaher P/E ratioCVS Health dividend yieldDanaher dividend yieldCVS Health ROEDanaher ROECVS Health operating marginDanaher operating marginCVS Health revenue growthDanaher revenue growthCVS Health free cash flowDanaher free cash flow
CVS Health & Danaher appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.