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Global 500

Sean Meyers


CVS Health



CVS Health continued its multi-year transformation from pharmacy company to health care company as the “retailization” of health trend continues in the United States. (CVS sees itself as the last mile in the delivery of care.) The company spent the year integrating its 2015 acquisition of Omnivore and the pharmacies and clinics of Target and focused on managing rising drug costs. Still, ongoing uncertainty around health care reform in the U.S. is weighing on the company, and CVS Health expects to close stores as it rationalizes its now-larger footprint. CVS Health was founded in 1963 and is headquartered in Woonsocket, R.I.

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Larry J. Merlo


Health Care


Health Care: Pharmacy and Other Services

HQ Location

Woonsocket, RI

Years on Global 500 List




Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$177,52615.8%
Profits ($M)$5,317.01.5%
Assets ($M)$94,462
Total Stockholder Equity ($M)$36,830
Profit Ratios
Profit as % of Revenues3.0%
Profits as % of Assets5.6%
Profits as % of Stockholder Equity14.4%
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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  • Dividend Yield: n/a

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The bond offering was a big win for a market that has had its worst start to the year in decades.

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