What if you invested $1,000 in CVS Health in 2023? (Inflation-Adjusted)

CVS · Healthcare · Adjusted to 2026 dollars using BLS CPI-U data

View nominal (non-adjusted) version

Nominal returns can be misleading over long periods. $1,000 in CVS Health in 2023 became $918 by 2026. Over those 3 years, cumulative CPI inflation reached 5% (BLS CPI-U). Restating the return in constant purchasing power, the real value of your gain in 2023 dollars is $874, a real annualized return of -4.1%.

Nominal final value

$918

-8.2% total return

Real value (2023 dollars)

$874

-12.6% real total return

Real annualized return

-4.1%

vs. -2.6% nominal annualized

Cumulative CPI-U inflation since 2023: 5% (1 dollar in 2023 = $1.05 in 2026)

Year-by-Year (Inflation-Adjusted)

$1,000 in CVS Health since 2023, values in constant 2023 dollars

YearNominal ValueReal Value (2023 $)
2023$1,000$1,000
2024$870$845
2025$689$656
2026$947$902

Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 2023 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.