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Global 500

Photograph by Sean Meyers Courtesy of CVS Health

18

CVS Health

CVS

U.S.

CVS Health is still feeling the pinch from its 2014 decision to drop cigarettes. But the company continues to leverage the positive PR from that move to convince more and more employers that it is truly a health care company, allowing it to win new business for its Caremark pharmacy benefits manager. And though the PBM eclipsed its retail drugstore business size a few years ago, the company has still gone still full steam ahead with expanding its CVS/pharmacy business, which has been grappling with declines in comparable sales. CVS recently took over 1,700 in-store drugstores from Target and is rolling out order pickup with tech startup Curbside this year. It is also continuing to push healthier food options in its stores to burnish its image as a healthcare company and improve its beauty selection to better compete with archrival Walgreens.

CEO

Larry J. Merlo

Sector

Food & Drug Stores

Industry

Food and Drug Stores

HQ Location

Woonsocket, RI

Employees

199,000

Years on Global 500 List

21

CVS Health is also featured in these fortune lists
Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$153,29010.0%
Profits ($M)$5,23712.8%
Assets ($M)$93,657
Total Stockholder Equity ($M)$37,196
Profit Ratios
Profit as % of Revenues3.4%
Profits as % of Assets5.6%
Profits as % of Stockholder Equity14.1%
STOCK QUOTE
()0.00 0.00 (0)
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  • Market Cap: NaNB
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
  • EPS:
  • Dividend Yield: n/a

News about CVS Health

Why Amazon's Whole Foods Deal Is Slamming Pharma Stocks, Too

The drug industry really doesn't want to compete with Amazon.

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In the Land of Business, Health Care Is Everywhere

Today we release the Fortune 500. Guess how many companies are health-related.

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Here Are the Fortune 500's 10 Most Successful Companies

Together, they had over $2 trillion in revenue last year.

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This Is How CEOs Unplug from Work

"I spend a lot of time trying to unplug and be present."

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Videos about CVS Health

The Rise in Health Care Companies on the Fortune 500

How health care is playing a larger role in the economy and on this year’s Fortune 500 list.

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CVS Is Getting a Brand New Look

It’s heading in a “healthier” direction.

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Netflix Stock Is Still Falling

And many are questioning its long-term growth

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Fortune Live, Friday January 1st, 2016: The Best of 2015

In today’s special edition of Fortune Live, we’ve assembled some of the best interviews of the year.

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Fortune Live, Friday December 25th, 2015: The Best of 2015

In today’s special edition of Fortune Live, we’ve assembled some of the best interviews of the year.

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