CVS Health Corporation (CVS) Competitors & Peers
The 5 largest companies in the same industry as CVS Health Corporation, by market value — each comparable links to its own dossier. Numbers are code-computed, never estimated.
| Ticker | Relationship | Price | Comparables |
|---|---|---|---|
| UNH | Competitor | $376.59 | P/E 24.2RSI 41Cap 338.0 B |
| ELV | Peer | $396.09 | P/E 17.5RSI 44Cap 85.9 B |
| CI | Competitor | $272.01 | P/E 11.1RSI 42Cap 71.2 B |
| HUM | Peer | $397.93 | P/E 37.6RSI 56Cap 47.8 B |
| CNC | Peer | $61.82 | RSI 40Cap 30.5 B |
How these relationships were derived
Every relationship below carries its provenance. A confirmed edge is sourced from a public filing or disclosure and links to it; an AI-inferred edge is surfaced by the relationship model and is unverified — shown for color, not as evidence.
Confirmed relationships (cited)
Sourced from a public filing or disclosure — each links to its origin.
- EHTHSupplier
Own 10-K customer-concentration disclosure: Aetna = 18% of revenue.
Confirmed — SEC filing / public disclosuresec.gov ↗ - GOCOSupplier
Own 10-K customer-concentration disclosure: Aetna = 11% of revenue.
Confirmed — SEC filing / public disclosuresec.gov ↗ - EXELSupplier
Own 10-Q customer-concentration disclosure: AffiliatesofCVSHealthCorporation = 16% of revenue.
Confirmed — SEC filing / public disclosuresec.gov ↗ - MCKSupplier
McKesson is CVS Health's primary pharmaceutical distributor, supplying mail-order, specialty, and retail pharmacies. CVS represents 24% of McKesson's consolidated revenues.
Confirmed — SEC filing / public disclosuresec.gov ↗ - PBYISupplier
Own 10-K customer-concentration disclosure: CVSCaremark = 33% of revenue.
Confirmed — SEC filing / public disclosuresec.gov ↗ - XGNSupplier
Own 10-Q customer-concentration disclosure: Aetna = 10% of revenue.
Confirmed — SEC filing / public disclosuresec.gov ↗ - CAHSupplier
CVS Health is Cardinal Health's largest customer, accounting for approximately 30% of fiscal 2025 revenue.
Confirmed — SEC filing / public disclosuresec.gov ↗
Model-inferred relationships (unverified)
Suggested by the relationship model, with no public source on file. Treat each as a lead worth checking, not as evidence.
- CICompetitor
Top 3 US PBMs.
Model-inferred, unverified — treat as a lead, not evidence - AETNAPartner
CVS acquired Aetna in 2018 for $69 billion, integrating insurance and PBM under one roof to create a vertically integrated healthcare company.
Model-inferred, unverified — treat as a lead, not evidence - WBACompetitor
CVS Health and Walgreens are the two dominant US retail pharmacy chains competing in prescription dispensing, front-end health products, and healthcare clinics.
Model-inferred, unverified — treat as a lead, not evidence - HCACustomer
CVS Health's Aetna business is a major private payer/customer for HCA Healthcare. HCA and Aetna completed a multi-year agreement in September 2024 to keep HCA facilities in-network for Aetna members.
Model-inferred, unverified — treat as a lead, not evidence - UNHCompetitor
Top 3 US PBMs.
Model-inferred, unverified — treat as a lead, not evidence - HIMSPartner
Hims & Hers sells over-the-counter products (like hair care and supplements) through CVS retail locations.
Model-inferred, unverified — treat as a lead, not evidence - ABTCustomer
CVS Health is a major retail pharmacy customer distributing Abbott's OTC nutritional products (Similac) and diagnostics directly to consumers.
Model-inferred, unverified — treat as a lead, not evidence - PRGOCustomer
Perrigo supplies store-brand pain relievers and allergy products to CVS retail pharmacies.
Model-inferred, unverified — treat as a lead, not evidence - AMZNCompetitor
CVS retail/PBM vs Amazon Pharmacy.
Model-inferred, unverified — treat as a lead, not evidence - PFESupplier
CVS dispenses Pfizer prescriptions.
Model-inferred, unverified — treat as a lead, not evidence - BIOYFCustomer
CVS distributes pharmaceutical products through retail pharmacy and PBM channels.
Model-inferred, unverified — treat as a lead, not evidence - CRPIFCustomer
CVS distributes pharmaceutical products through retail pharmacy and PBM channels.
Model-inferred, unverified — treat as a lead, not evidence - DVHGFCustomer
CVS distributes pharmaceutical products through retail pharmacy and PBM channels.
Model-inferred, unverified — treat as a lead, not evidence - JNJSupplier
CVS is among JNJ pharmacy customers.
Model-inferred, unverified — treat as a lead, not evidence - CMPDCustomer
CVS distributes pharmaceutical products through retail pharmacy and PBM channels.
Model-inferred, unverified — treat as a lead, not evidence - DEVOTEDCustomer
CVS Caremark processes Devoted Health pharmacy benefit claims.
Model-inferred, unverified — treat as a lead, not evidence - RDYSupplier
Dr. Reddy's supplies US generics dispensed by CVS.
Model-inferred, unverified — treat as a lead, not evidence - CIPLA.NSSupplier
Cipla supplies US generics dispensed by CVS.
Model-inferred, unverified — treat as a lead, not evidence