CVS Health Corporation (CVS) vs UnitedHealth Group Incorporated (UNH)

UNH leads on 9 of 16 compared metrics.

A side-by-side comparison of CVS Health Corporation and UnitedHealth Group Incorporated 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 UNH

growth of $100 · last 30y
CVS +882.3%UNH +6127.4%UNH compounded faster
Log scale — wide-divergence pair
101001k10kStart $100200120062011201620212026$982$6,227
CVS UNH

CVS vs UNH: by the numbers

  • UNH is the larger company ($371.00B vs $130.09B market cap).
  • UNH trades at the lower earnings multiple (30.85 vs 44.92 P/E).
  • UNH converts more revenue to profit (2.68% vs 0.72% net margin).
  • UNH grew revenue faster over the past five years (11.33% vs 8.52% CAGR).
  • CVS pays the higher dividend yield (2.61% vs 2.16%).

Which is better, CVS or UNH?

Metric tally: CVS 7 · UNH 9

It depends on what you're optimizing for:

ValueUNH(lower P/E)
GrowthUNH(faster 5Y revenue CAGR)
IncomeCVS(higher dividend yield)
QualityUNH(higher ROIC)

Valuation

MetricCVSUNH
P/E ratio44.9230.85
Forward P/E12.1719.54
P/S ratio0.320.83
P/B ratio1.683.58
EV / EBITDA17.9018.34
FCF yield5.67%5.29%

Profitability

MetricCVSUNH
Gross margin13.87%18.80%
Operating margin1.46%4.19%
Net margin0.72%2.68%
ROE3.79%11.59%
ROIC4.72%8.23%

Dividends

MetricCVSUNH
Dividend yield2.61%2.16%
Payout ratio190.00%66.82%

Growth (annualized)

MetricCVSUNH
Revenue CAGR (5Y)8.52%11.33%
EPS CAGR (5Y)-23.89%-4.06%
FCF CAGR (5Y)-10.57%-3.16%
Total return CAGR (5Y)7.06%2.28%

Frequently asked

Which is better, CVS or UNH?
It depends on your goal. value: UNH (lower P/E); growth: UNH (faster 5Y revenue CAGR); income: CVS (higher dividend yield); quality: UNH (higher ROIC). Across all compared metrics, UNH leads 9 to 7.
Is CVS or UNH cheaper?
On trailing earnings, UNH is cheaper: CVS trades at a 44.92 P/E and UNH at 30.85.
Which has grown faster, CVS or UNH?
Over the past five years, UNH grew revenue faster — CVS at a 8.52% CAGR versus UNH at 11.33%.
Does CVS or UNH pay a bigger dividend?
CVS yields 2.61% and UNH yields 2.16% based on trailing dividends and the latest price.
Is CVS or UNH more profitable?
UNH runs the higher net margin — CVS at 0.72% versus UNH at 2.68%.
Which has been the better investment, CVS or UNH?
Over the past 10-year, UNH delivered the higher annualized total return — CVS at 3.66% versus UNH at 13.20%. 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 June 13, 2026.