Logo
  • Exclusive Drugstore Listings
  • Why Buy a Drugstore?
    • About Walgreens
    • About CVS
  • Track Record
  • About
    • Why Drugstore Property Advisors?
  • Contact

About CVS

History

Sales & Earnings

Stores Nationwide

CVS Health is a health care innovation company that is reinventing pharmacy. Founded in 1963, and traded on the New York Stock Exchange (NYSE:CVS), CVS operates 9,900 drugstores in 49 states, the District of Columbia and Puerto Rico. About 70 percent of the U.S. population lives within five miles of a CVS Pharmacy. CVS is widely regarded as one of the safest, most secure single-tenant NNN leased investment property because of its strong balance sheet and market capitalization. For the 2023 year:

  • Sales were over $357.8 billion
  • Profit was over $8.3 billion
  • Net worth was over $96.40 billion

Financials in millions of USD

 Annual 2021Annual 2022Annual 2023
Statement of Operations Data    
Total Revenue292,111322,467357,800
Operating Income13,1937,74613,743
Net income attributable to CVS Health7,8984,1658,368
 

CVS Background

“For many, CVS remains synonymous with the nearly 10,000 retail locations they operate across the United States. Today’s CVS Health is, of course, so much more than that. CVS Caremark makes CVS Health the nation’s largest pharmacy benefits manager, and the leader in retail clinics, specialty pharmacy, and infusion. With a recent acquisition of Aetna, CVS Health operates one of the nation’s premier health benefits companies as well. These businesses, working together as an enterprise, create a uniquely powerful platform that will open a new front door to health care and reshape the consumer experience.

Three strategic imperatives have guided CVS Health’s transformation: Be local, make health care simple, and improve health. CVS Health offers more consumer touchpoints than any other health care company, and this enables them to offer care where, when, and how patients need it—in the community, in the home, or even in the palm of their hand through digital devices. And because they already engage with one in three Americans as part of their everyday activities, they can simply build programs and services into people’s existing routines. The current system drives patients to be health care decision makers, but they lack the tools needed to navigate effectively. CVS Health is going to change that and help guide patients along their health care journeys by providing more convenient access to the information, resources, and services they need. And by aligning the capabilities of Aetna with consumer-centric assets, CVS Health will more effectively deliver on their purpose of helping people on their path to better health.” Source: CVS Annual Report 2020.

Sales & Earnings

Fiscal YearSales
in Billions
Percent IncreaseEarnings
in Billions
Percent Increase
2023$357.8010.9%$8.3099.51%
2022$322.4610.39%$4.16-47.55%
2021$292.118.71%$7.9110.8%
2020$268.704.65%$7.178.22%
2019$256.5831.86%$6.631,210.39%

Stores Nationwide

Total Drugstores – 9,900

Includes 49 states and Puerto Rico.

Alabama151
Alaska11
Arizona234
Arkansas79
California586
Colorado169
Connecticut116
Delaware62
Florida820
Georgia270
Hawaii17
Idaho38
Illinois574
Indiana188
Iowa72
Kansas70
Kentucky171
Louisiana172
Maine79
Maryland154
Massachusetts249
Michigan232
Minnesota153
Mississippi83
Missouri208
Montana13
Nebraska56
Nevada83
New Hampshire35
New Jersey280
New Mexico70
New York564
North Carolina356
North Dakota1
Ohio242
Oklahoma116
Oregon73
Pennsylvania115
Rhode Island46
South Carolina150
South Dakota14
Tennessee271
Texas701
Utah56
Vermont32
Virginia204
Washington135
West Virginia94
Wisconsin226
Wyoming10
Puerto Rico105
Washington D.C.14

Latest Listings

Resido Image

CVS – 15+ Year NNN – NO RENT HOLIDAY

1204 Elton Rd, Jennings, LA 70546
Available

$3960000

Resido Image

CVS – 15+ Year NNN – NO RENT HOLIDAY

1650 Menoher Blvd, Johnstown, PA 15905
Available

$3950000

Resido Image

$300k Fee – 8.5% CAP Walgreens in Affluent Denver Metro

No results found
Available

$7355000

Be the First to Hear About Our Newest Listings

Sign up to have exclusive drugstore property listings delivered to your inbox.

Subscribe
866-932-2953

web@drugstorepropertyadvisors.com

Site Map

  • Exclusive Drugstore Listings
  • Why Buy a Drugstore?
  • About Walgreens
  • About CVS
  • Track Record
  • About
  • Why Drugstore Property Advisors?
  • Contact
  • Privacy Policy

©2023 Drugstore Property Advisors. All rights reserved.

Log In

Forgot password?

Sign Up

Reset YOUR PASSWORD