Walgreens gross profit and net earnings in the U.S. 2005-2019

In 2019, the U.S. drugstore chain Walgreens generated net earnings of about four billion U.S. dollars, and gross profit of over 30 billion U.S. dollars.

Walgreens

Walgreens is based in the United States and has been operating since 1901. In 2014, Walgreens merged with the company Alliance Boots to form Walgreens Boots Alliance. In 2017, Walgreens Boots Alliance was the leading drug store in the United States, based on retail sales. However, Walgreens is second to CVS Health when it comes to prescription sales. In 2016, some 56.5 billion U.S. dollars of prescriptions were filled at Walgreens in the United States, compared to 60.8 billion U.S. dollars from CVS Health.

Drugstore retail in the U.S.

The pharmacy and drug store industry is thriving in the United States. Pharmacy and drug store sales in the United States have increased steadily each year since 1992. Generally speaking, there are two main revenue streams in drugstore retail: prescription sales and over-the-counter sales. The best-selling over-the-counter products in U.S. drugstores are vitamins, cold/allergy tablets, and internal analgesics. Many drugstores also sell cosmetics, personal care items, groceries, and a variety of other products.

Walgreens gross profit and net earnings in the United States from 2005 to 2019

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Source

Release date

August 2019

Region

United States

Survey time period

2005 to 2019

Supplementary notes

Walgreens fiscal year runs from September 1 to August 31 of the following year.

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