CVS Health Corp. (CVS) vs HCA Healthcare, Inc. (HCA)
A side-by-side comparison of CVS Health Corp. and HCA Healthcare, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 20, 2026. Differences are shown without an overall score or investment verdict.
CVS
CVS Health Corp.
$93.65HealthcareAt close: Aug 19, 2026, 4:00 PM ET
HCA
HCA Healthcare, Inc.
$407.05HealthcareAt close: Aug 19, 2026, 4:00 PM ET
Total return — CVS vs HCA
growth of $100 · dividends reinvested · last 10yCVS +30.6% (+2.7%/yr)HCA +486.2% (+19.3%/yr)HCA compounded faster over this window
CVS HCA
CVS vs HCA: by the numbers
- •CVS is the larger company ($119.49B vs $88.13B market cap).
- •HCA trades at the lower trailing earnings multiple (13.63 vs 24.78 P/E), one valuation lens rather than an overall verdict.
- •HCA converts more revenue to profit (8.77% vs 1.18% net margin).
- •CVS grew revenue faster over the past five years (8.32% vs 6.85% CAGR).
- •CVS pays the higher dividend yield (2.84% vs 0.74%).
Metrics side by side
Valuation
| Metric | CVS | HCA |
|---|---|---|
| P/E ratio | 24.78 | 13.63 |
| Forward P/E | 12.24 | 13.76 |
| P/S ratio | 0.29 | 1.16 |
| P/B ratio | 1.51 | N/A |
| EV / EBITDA | 14.45 | 8.79 |
| FCF yield | 9.78% | 6.61% |
Profitability
| Metric | CVS | HCA |
|---|---|---|
| Gross margin | 14.15% | 41.50% |
| Operating margin | 2.00% | 15.48% |
| Net margin | 1.18% | 8.77% |
| ROE | 6.16% | -112.56% |
| ROIC | 4.14% | 19.41% |
Dividends
| Metric | CVS | HCA |
|---|---|---|
| Dividend yield | 2.84% | 0.74% |
| Payout ratio | 190.00% | 10.48% |
Growth (annualized)
| Metric | CVS | HCA |
|---|---|---|
| Revenue CAGR (5Y) | 8.32% | 6.85% |
| EPS CAGR (5Y) | -23.89% | 20.90% |
| FCF CAGR (5Y) | -10.28% | 56.45% |
| Total return CAGR (5Y) | 5.57% | 11.48% |
Frequently asked
- Which has the lower trailing P/E, CVS or HCA?
- HCA has the lower trailing P/E: CVS trades at 24.78 and HCA at 13.63. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CVS or HCA?
- Over the past five years, CVS grew revenue faster — CVS at a 8.32% CAGR versus HCA at 6.85%.
- Does CVS or HCA pay a bigger dividend?
- CVS yields 2.84% and HCA yields 0.74% based on trailing dividends and the latest price.
- Is CVS or HCA more profitable?
- HCA runs the higher net margin — CVS at 1.18% versus HCA at 8.77%.
- How have CVS and HCA total returns compared?
- Over the past 10 years, CVS delivered 2.77% and HCA delivered 19.39% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
CVS Health P/E ratioHCA Healthcare P/E ratioCVS Health dividend yieldHCA Healthcare dividend yieldCVS Health ROEHCA Healthcare ROECVS Health operating marginHCA Healthcare operating marginCVS Health revenue growthHCA Healthcare revenue growthCVS Health free cash flowHCA Healthcare free cash flow
CVS Health & HCA Healthcare 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 August 20, 2026.