Walgreens Boots Alliance

F500 2019-Walgreens
PR636X Miami Beach Florida Walgreens inside aisles display sale checkout counter cashier RosaIreneBetancourt 9 / Alamy St Alamy Stock PhotoRosaIreneBetancourt—Alamy Stock Photo
  • Previous Rank
  • Revenues ($M)
  • Revenue Percent Change
  • Profits ($M)
  • Profits Percent Change
  • Assets ($M)
  • Employees

In December, Walgreens announced its plans to cut more than $1 billion from its annual costs over the next three years in order to stay agile in an increasingly competitive retail space. As Amazon continues to edge into the pharmaceutical space, Walgreens has increased its partnerships and consumer offerings. The drug store completed its nearly $4.4 billion acquisition of more than 1,900 Rite Aid stores and three distribution centers in March, although the stores won’t be fully integrated into Walgreens until the 2020 fiscal year. In the past year, the drugstore has also partnered with Humana to offer senior-focused care, Alphabet’s Verily to assist patients with chronic illness, FedEx to offer next-day prescription delivery, and Kroger to test an in-store grocery pilot and let Walgreens serve as a pickup point for online grocery orders. The drugstore has also cleared space for CBD products to be sold in 1,500 stores across nine states.

Company Info

CEOStefano Pessina
CEO TitleChairman & Chief Executive Officer
SectorFood & Drug Stores
IndustryFood and Drug Stores
HQ LocationDeerfield, Ill.
Years on Fortune 500 List25

Key Financials (Last Fiscal Year)

Revenues ($M)$131,537
Profits ($M)$5,024
Assets ($M)$68,124
Total Stockholder Equity ($M)$26,007

Profit Ratios

Profit as % of Revenues3.8%
Profits as % of Assets7.4%
Profits as % of Stockholder Equity19.3%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)505
EPS % Change (from 2017)33.6%
EPS % Change (5 year annual rate)14.6%
EPS % Change (10 year annual rate)8.8%

Total Return

Total Return to Investors (2018)-3.7%
Total Return to Investors (5 year, annualized)5.5%
Total Return to Investors (10 year, annualized)13.0%