13 of 500
CVS Caremark
CVS Caremark
13
Financials: Latest Results
Rank: 13
Previous rank: 18
CEO: Larry J. Merlo

Boosted by the business woes of its chief competitor, CVS Caremark jumped five places this year to No. 13 on the Fortune 500. Sales shot up 14% in 2012, thanks in part to customers who defected from Walgreens, after that company’s contract with prescription benefits manager Express Scripts lapsed last year, which resulted in making prescriptions cheaper at CVS. The company also has expanded its own prescription benefits business -- Medicare D and Managed Medicaid are growth areas. With its popular “MinuteClinic” service -- customers can skip the doctor and get quick, in-store medical consultation -- CVS is poised to benefit when changes expected with healthcare reform hit in 2014 (i.e., more insured patients in a world with too-few physicians).

Headquarters:
1 CVS Dr.
Woonsocket, RI. 02895
401-765-1500
Website: info.cvscaremark.com
Network with CVS Caremark
Key financials
$ millions
% change from 2011
Revenues
123,133
14.3
Profits
3,876.9
12
Assets
65,912
Stockholder's equity
37,704
Market cap (on 3/29/2013)
67,703.4
Profits as % of
Revenues
3.1
Assets
5.9
Stockholders' equity
10.3
Earnings per share
2012$
3.03
% change from 2011
17.9
2002-2012 annual growth rate %
13.2
Total return to investors
%
2012
20.3
2002-2012 annual rate
15.5
From the May 20, 2013 issue


What do you think of CVS Caremark?
Companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency. More
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.