CVS vs ELV

CVS Health and Elevance Health, both Healthcare

CVS Health is the larger company at $125B against $84B. On trailing earnings ELV is the cheaper of the two at a P/E of 17.8 against 24.8, a gap that is only a bargain if the two are growing at similar rates. Over the past year CVS returned +52% against +49% for ELV. Ryufin's sector-relative Smart Score puts ELV ahead, 7/10 against 6/10.

CVS Health and Elevance Healthcompared on valuation, return and Ryufin’s Smart Score
FigureCVSELV
Last close$94.30$403
Market cap$125B$84B
Trailing P/Elower is cheaper for the same earnings, not automatically better24.817.8
Dividend yield2.8%n/a
1-year return+52%+49%
5-year return+34%+13%
Ryufin Smart Scoresector-relative, 1–106/107/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

CVS Health

Revenue of $106B in Q2 2026, net income $3.0B. Its largest reported line is Health Services, 42% of the disclosed total.

Elevance Health

Revenue of $50B in Q2 2026, net income $1.5B. Its largest reported line is Reportable, 89% of the disclosed total.

Open these two in the interactive comparison to add more names, change the period or read the correlation.