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As of Q4'25, CVS's EV/Sales ratio stands at 1.63, reflecting a slight decrease from the previous quarter's 1.70. This latest value suggests a modest contraction in the company's enterprise value relative to its sales at the end of the observed period. From Q1'23 to Q4'25, the EV/Sales ratio for CVS has demonstrated a generally declining trend, moving from a high of 1.87 in Q2'23 to a low of 1.51 in Q2'25, with intermittent fluctuations. The ratio peaked early in the period and then trended downward, indicating either slower growth in enterprise value or relatively stronger sales performance. Despite minor rebounds in certain quarters, the overall pattern points to a gradual compression in valuation multiples over this timeframe.