CVS Statistics and Facts for 2024
Last Updated on: July 16th, 2024
Here are a few of the most interesting CVS statistics and facts I was able to dig up including store count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
CVS Facts
Here is pretty much everything you ever wanted to know about CVS.
- Website: Official Website
- Year Founded: 1922
- Headquarters: Woonsocket, RI
- Founder(s): Stanley Goldstein, Sidney Goldstein and Ralph Hoagland
- Current Chief Executive: Larry Merlo
- Subsidiaries / Brands: Aetna, MinuteClinic
- App Download (iOS)
- App Download (Android)
CVS Health, commonly known as CVS, is a healthcare and retail company based in the United States. It is one of the largest pharmacy chains in the country and provides a wide range of healthcare services and products. CVS was founded in 1963 and is headquartered in Woonsocket, Rhode Island.
CVS operates a network of retail pharmacies across the United States, offering prescription medications, over-the-counter drugs, health and wellness products, and general merchandise. The company’s pharmacies provide prescription fulfillment, medication counseling, immunizations, and other pharmaceutical services.
In addition to retail pharmacies, CVS offers various healthcare services through its MinuteClinic division. MinuteClinic is a walk-in medical clinic located within CVS stores, where customers can receive basic healthcare services such as vaccinations, minor illness treatment, and health screenings. These clinics are staffed by nurse practitioners and physician assistants.
CVS also operates a pharmacy benefits management (PBM) division called CVS Caremark. This division provides prescription benefit services to employers, insurance companies, and other organizations, helping to manage the cost and administration of prescription drug plans.
The company has a strong presence in the retail sector, with thousands of CVS pharmacy locations nationwide. CVS stores often include additional features such as photo centers, health clinics, and in some locations, expanded grocery and convenience store sections.
CVS has expanded its offerings to include online pharmacy services, allowing customers to order prescriptions and healthcare products through the CVS website or mobile app and have them delivered to their doorstep.
CVS is committed to improving healthcare accessibility and outcomes. The company has implemented initiatives to promote health and wellness, such as smoking cessation programs, chronic disease management support, and community health programs.
CVS Revenue Totals
CVS annual revenue:
- 2022: $322.4 billion
- 2021: $292.1 billion
- 2020: $268.7 billion
- 2019: $256.8 billion
- 2018: $194.5 million
- 2017: $184.7 billion
- 2016: $177.5 billion
- 2015: $153.2 billion
- 2014: $139.3 billion
- 2013: $126.7 billion
- 2012: $123.1 billion
- 2011: $107 billion
- 2010: $96.4 billion
- 2009: $98.7 billion
- 2008: $87.4 billion
- 2007: $76.3 billion
- 2006: $43.8 billion
CVS annual net income :
- 2022: $4.165 billion
- 2021: $7.910 billion
- 2020: $7.179 billion
- 2019: $6.634 billion
- 2018: $596 million loss
- 2017: $6.623 billion
- 2016: $5.319 billion
- 2015: $5.239 billion
- 2014: $4.644 billion
- 2013: $4.592 billion
- 2012: $3.862 billion
- 2011: $3.458 billion
- 2010: $3.424 billion
- 2009: $3.696 billion
- 2008: $3.198 billion
- 2007: $2.623 billion
- 2006: $1.355 billion
Additional CVS Statistics
Percentage of the US population that live within 10 miles of a CVS pharmacy:
Number of counseling interventions through Pharmacy Advisor:
Number of MinuteClinic locations:
Number of MinuteClinic patient visits:
Number of specialty pharmacies:
Number of retail network pharmacies:
Number of ExtraCare members:
Number of health system affiliations:
Number of customers served by a CVS pharmacy daily:
Number of PBM Plan members:
Number of patients served by Omnicare annually:
Number of Coram patients that receive services annually:
Number of CVS physicians, pharmacists, nurses and nurse practitioners:
Number of prescriptions dispensed or managed by annually:
Year that CVS stopped selling cigarettes and tobacco products in their stores:
2014
Number of HealthHUBs expected to open by the end of 2021:
Last updated 6/4/19
Please note that some of these numbers are easier to find than others. A few of these CVS statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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