Our annual ranking of America's largest corporations

32 of 500
32. Walgreen
Rank: 32 (Previous rank: 36)
CEO: Gregory D. Wasson
Compare tool: Walgreen vs. Top 10
The nation's largest drugstore chain -- more than 7,100 locations at last count -- got even bigger in February after paying $1.1 billion for Duane Reade, a purchase that includes all 257 Duane Reade stores in the New York City metropolitan area and solidifies Walgreen's position in the country's largest drugstore market.

Walgreen chief Greg Wasson has been able to fatten profit margins by relying less on seasonal items and more on front-of-the-store sales of private-label products. Another initiative: restructuring the company's health-care operations, by offering integrated "pharmacy, health and wellness solutions" to employers, managed care organizations, and government clients. --P.N.

Subscribe to Fortune Magazine
Is Walgreen a great company, or what?
Key financials $ millions % change
from 2008
Revenues 63,335.0 7.3
Profits 2,006.0 -7.0
Assets 25,142.0
Stockholders' equity 14,376.0
Market value (3/26/2010) 36,244.6
Profits as % of  
Revenues 3.2
Assets 8.0
Stockholders' equity 14.0
Earnings per share  
2009 $ 2.02
% change from 2008 -6.9
1999-2009 annual growth rate % 12.5
Total return to investors %
2009 51.2
1999-2009 annual rate 3.0
Rank Company 500
($ millions)
1 CVS Caremark 18 98,729.0
2 Kroger 23 76,733.2
3 Walgreen 32 63,335.0
4 Supervalu 47 44,564.0
5 Safeway 52 40,850.7
6 Rite Aid 89 26,289.5
7 Publix Super Markets 99 24,515.0
8 Great Atlantic & Pacific Tea 247 9,516.2
9 Whole Foods Market 284 8,031.6
10 Winn-Dixie Stores 306 7,367.0
Issue date: May 3, 2010.
Figures are for fiscal year ended Aug. 31, 2009.
  • A changing landscape
    See how revenues and profits at America's 25 largest companies have risen and fallen over the past decade.
  • Watch Wal-Mart grow
    From a single store in 1962 to more than 4,300 outlets today, see how the biggest retailer has expanded.
200 Wilmot Rd.
Deerfield, IL 60015
Find your top companies
 High revenue growth  High profit growth
 High EPS growth  High return to investors
 Top 5 in its industry  Best company to work for
 Big employer  Small employer


Rank # of Fortune 500 Companies
California 57
Texas 57
New York 56
Company 2009 $ (millions)
Exxon Mobil $19,280.0
Microsoft $14,569.0
Wal-Mart Stores $14,335.0
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.