Walgreens Boots Alliance is the largest retail pharmacy, health and daily living destination across the United States and Europe. Founded in 1901, and traded on the New York Stock Exchange (NYSE:WAG), Walgreens operates 9,021 drugstores in 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. About 78 percent of the U.S. population lives within five miles of a Walgreens or Duane Reade pharmacy. Walgreens is widely regarded as the safest, most secure single-tenant NNN leased investment property because of its strong balance sheet and market capitalization. For the fiscal year ended August 31, 2021:
- Sales were over $132.5 billion
- Profit was over $2.5 billion
- Net worth was over $39 billion
Financials in millions of USD
Annual 2021 | Annual 2020 | Annual 2019 | |
---|---|---|---|
Income Statement | |||
Total Revenue | 132,509,000 | 121,982,000 | 120,074,000 |
Gross Profit | 28,067,000 | 26,078,000 | 28,159,000 |
Operating Income | 3,481,000 | 982,000 | 4,766,000 |
Net Income | 2,542,000 | 456,000 | 3,982,000 |
Walgreens Background
Sales & Earnings
Fiscal Year Ended Aug. 31 |
Sales in Billions |
Percent Increase | Earnings in Billions |
Percent Increase |
---|---|---|---|---|
2021 | $132.5 | 8.63 | $2.5 | 457.46% |
2020 | $121.9 | 1.59% | $456 | -88.55% |
2019 | $120.0 | -8.71% | $3.9 | -20.71% |
2018 | $131.5 | 11.27% | $5.02 | 23.20% |
2017 | $118.2 | 0.74% | $4.07 | -2.28% |
Stores Nationwide
Total Drugstores – 9,021
Includes 49 states, the District of Columbia, Puerto Rico and U.S. Virgin Islands. Note: Approximately 400 Walgreens stores offer Healthcare Clinic or other provider retail clinic services
Alabama | 151 |
Alaska | 11 |
Arizona | 234 |
Arkansas | 79 |
California | 586 |
Colorado | 169 |
Connecticut | 116 |
Delaware | 62 |
Florida | 820 |
Georgia | 270 |
Hawaii | 17 |
Idaho | 38 |
Illinois | 574 |
Indiana | 188 |
Iowa | 72 |
Kansas | 70 |
Kentucky | 171 |
Louisiana | 172 |
Maine | 79 |
Maryland | 154 |
Massachusetts | 249 |
Michigan | 232 |
Minnesota | 153 |
Mississippi | 83 |
Missouri | 208 |
Montana | 13 |
Nebraska | 56 |
Nevada | 83 |
New Hampshire | 35 |
New Jersey | 280 |
New Mexico | 70 |
New York | 564 |
North Carolina | 356 |
North Dakota | 1 |
Ohio | 242 |
Oklahoma | 116 |
Oregon | 73 |
Pennsylvania | 115 |
Rhode Island | 46 |
South Carolina | 150 |
South Dakota | 14 |
Tennessee | 271 |
Texas | 701 |
Utah | 56 |
Vermont | 32 |
Virginia | 204 |
Washington | 135 |
West Virginia | 94 |
Wisconsin | 226 |
Wyoming | 10 |
Puerto Rico | 105 |
Washington D.C. | 14 |