September 21, 2023

CVS is primarily owned by institutional buyers like The Vanguard Group (8.28%), and BlackRock (7.1%). Adopted by particular person buyers like Larry Merlo (former president and CEO), Jonathan Roberts (former chief working officer), Karen Lynch (Chief Government Officer), Eva Boratto (Chief Monetary Officer), and Troyen Brennan (former Government Vice President and Chief Medical Officer).

CVS vs. Walgreens

CVS is the biggest group within the US, which primarily competes with different teams just like the Walgreens Boots Alliance, a conglomerate within the retail well being area, which owns Walgreens, Boots within the UK, and some extra manufacturers.

For some context, in 2022, CVS generated over $322 billion in income, vs. Walgreens Boots Alliance’s $268 billion in income.

CVS had 9,674 shops in 2022, in comparison with 9,939 shops in 2021.

CVS had 9,674 shops in 2022, in comparison with 9,939 shops in 2021, and 9,962 shops in 2020.

Associated Visible Tales

CVS Income

CVS generated over $322 billion in income in 2022, in comparison with over $292 billion in 2021 and over $268 billion in 2020. In 2022, of CVS’s income, most of it got here from merchandise, adopted by premiums and companies.

CVS Earnings

CVS generated $4.15 billion in earnings in 2022, in comparison with $7.91 billion in 2021 and $7.18 billion in 2020.

CVS Income Breakdown


CVS Distribution Technique

CVS’s distribution technique is towards pharmacy, which in 2022 generated almost 77% of the corporate’s income in comparison with entrance retailer & others, which generated over 23% of its income.

CVS Income By Channel

In 2022, CVS generated most of its income from pharmacy (76.9%), in comparison with 76% of income from pharmacy in 2021 and 76.9% in 2020. The remainder is generated by retail & others.