Cvs Health Corporation (CVS)

The company now

CVS Health said on November 4, 2026 that it intends to separate into two independent, publicly traded companies 2. One would hold Aetna, CVS Caremark, CVS Specialty, Oak Street Health and Signify Health, and the other about 9,000 CVS pharmacies, mail pharmacy, MinuteClinic and the Health100 technology business 2.

The company expects the separation to be completed in the first half of 2028, by a split intended to be tax-free to the company and its shareholders 2. It names final board approval, an effective Form 10 registration statement and tax confirmation among the conditions 2.

The same day it reported third-quarter 2026 revenue of $108.4 billion, up 5.4 percent from a year earlier 1. Adjusted earnings per share were $2.09 against $1.60 a year before, and the company raised its full-year adjusted outlook to at least $8.20 1.

The company credited the gain mainly to its insurance arm, where the medical benefit ratio, a measure of care costs against premiums, fell to 91.3 percent from 92.8 percent 1. Net income was $2.2 billion, against a $4.0 billion loss a year earlier that carried a $5.7 billion goodwill write-down 1.

The company says it keeps a cautious view for the rest of the year because of elevated cost trends and possible macro headwinds 1. It also called the sale of Omnicare's assets probable for the fourth quarter of 2026 3.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.