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UnitedHealth Group vs CVS Health: UNH and CVS compared
UnitedHealth Group is the larger company: $112.7B of revenue in its latest quarter (Q3 2026) against $108.4B for CVS Health (Q3 2026). CVS Health is growing faster (+5% against -0.4% a year earlier). UnitedHealth Group is more profitable, with an operating margin of 5.8% against 3.3%.
Where the money goes: UNH and CVS
UnitedHealth Group (UNH) · Q3 2026
UnitedHealth Group, Q3 2026: revenue $112.7B (-0.4% year over year), operating margin 5.8%, net earnings $4.1B, operating cash flow $5.1B. The chart follows the revenue to costs, profit and cash.
CVS Health (CVS) · Q3 2026
CVS Health, Q3 2026: revenue $108.4B (+5% year over year), operating margin 3.3%, net earnings $2.2B, operating cash flow $4.7B. The chart follows the revenue to costs, profit and cash.
| UnitedHealth Group (UNH) | CVS Health (CVS) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $112.7B | $108.4B |
| Revenue growth, Y/Y | -0.4% | +5% |
| Operating margin | 5.8% | 3.3% |
| Net earnings | $4.1B | $2.2B |
| Net margin | 3.6% | 2.0% |
| Operating cash flow | $5.1B | $4.7B |
| Free cash flow | $4.3B | $3.9B |
| Market value | $355.5B | $105.0B |
| P/E | 22.5× | 9.5× |
| Analysts’ mean target | $476.64 | $113.76 |
Questions
Which is bigger, UnitedHealth Group or CVS Health?
UnitedHealth Group is the larger company: $112.7B of revenue in its latest quarter (Q3 2026) against $108.4B for CVS Health (Q3 2026).
Is UnitedHealth Group or CVS Health growing faster?
CVS Health is growing faster (+5% against -0.4% a year earlier).
Which is more profitable, UnitedHealth Group or CVS Health?
UnitedHealth Group is more profitable, with an operating margin of 5.8% against 3.3%.
More: UnitedHealth Group earnings · how UnitedHealth Group makes money · CVS Health earnings · how CVS Health makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 3, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.