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 October 3, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — CVS vs HCA

growth of $100 · dividends reinvested · last 10y
CVS +30.5% (+2.7%/yr)HCA +517.1% (+20.0%/yr)HCA compounded faster over this window
200400600800Start $10020182020202220242026$130$617
CVS HCA

CVS vs HCA: by the numbers

  • •CVS is the larger company ($110.32B vs $92.38B market cap).
  • •HCA trades at the lower trailing earnings multiple (14.28 vs 22.87 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 (3.08% vs 0.72%).

Metrics side by side

Valuation

MetricCVSHCA
P/E ratio22.8714.28
Forward P/E10.7814.48
PEG ratioN/A0.68
P/S ratio0.271.18
P/B ratio1.38N/A
EV / EBITDA13.688.90
FCF yield10.66%6.49%

Profitability

MetricCVSHCA
Gross margin14.15%41.50%
Operating margin2.00%15.48%
Net margin1.18%8.77%
ROE6.16%N/A
ROIC4.14%19.41%

Dividends

MetricCVSHCA
Dividend yield3.08%0.72%
Payout ratio70.37%10.24%

Growth (annualized)

MetricCVSHCA
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)3.94%12.41%

Frequently asked

Which has the lower trailing P/E, CVS or HCA?
HCA has the lower trailing P/E: CVS trades at 22.87 and HCA at 14.28. 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 3.08% and HCA yields 0.72% 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 2.83% and HCA delivered 19.79% annualized total return. Past performance doesn't predict future results.

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 October 3, 2026.