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Complete financial analysis of Rite Aid Corporation (RAD) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Rite Aid Corporation, a leading company in the Medical – Pharmaceuticals industry within the Healthcare sector.
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Rite Aid Corporation (RAD)
About Rite Aid Corporation
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs and provides various other pharmacy services and an assortment of products comprising over-the-counter medications, health and beauty aids, personal care products, seasonal merchandise, cosmetics, household items, food and beverages, greeting cards, seasonal and general merchandise, pet care, and a variety of other everyday and convenience products, as well as brand and generic prescription drugs; and a private brand product line. It also operates retail pharmacies and clinics; and offers healthcare services, including administering immunizations for COVID-19, the flu, shingles, and others; assists its customers with high blood pressure, cholesterol, and diabetes; provides guidance on combating obesity and tobacco addiction; and educates customers on managing medications and potential side effects. In addition, this segment offers healthcare coaching and disease management services to health plans and employers. The Pharmacy Services segment provides integrated suite of pharmacy benefit management (PBM) offerings, including technology solutions, mail delivery services, specialty pharmacy, network and rebate administration, claims adjudication, and pharmacy discount programs, as well as drug benefits under the federal government's Medicare Part D program and insurance offerings for individuals and groups. This segment serves health plans, commercial employers, labor groups, and state and local governments. As of February 26, 2022, the company operated 2,450 retail pharmacy locations in 17 states. Rite Aid Corporation was founded in 1962 and is headquartered in Philadelphia, Pennsylvania.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 24.09B | 24.57B | 24.04B | 21.93B | 21.64B | 21.53B | 22.93B | 30.74B | 26.53B | 25.53B | 25.39B | 26.12B | 25.21B | 25.67B | 26.29B | 24.33B | 17.51B | 17.27B | 16.82B | 16.60B | 15.80B | 15.17B | 14.52B | 14.68B | 12.73B | 11.38B | 6.97B | 5.45B | 4.53B | 4.06B | 4.09B | 3.75B | 3.45B | 3.17B | 2.87B | 2.49B | 1.76B | 1.56B |
| Cost of Revenue | 19.29B | 19.46B | 19.34B | 17.20B | 16.96B | 16.75B | 17.86B | 22.91B | 18.95B | 18.20B | 18.07B | 19.33B | 18.52B | 18.85B | 19.25B | 17.69B | 12.79B | 12.57B | 12.61B | 12.57B | 12.11B | 11.74B | 10.77B | 10.97B | 9.14B | 8.02B | 4.94B | 3.90B | 3.23B | 2.87B | 2.89B | 2.63B | 2.39B | 2.20B | 1.98B | 1.73B | 1.21B | 1.08B |
| Gross Profit | 4.80B | 5.11B | 4.70B | 4.73B | 4.68B | 4.78B | 5.06B | 7.83B | 7.58B | 7.32B | 7.32B | 6.79B | 6.69B | 6.82B | 7.04B | 6.64B | 4.72B | 4.70B | 4.21B | 4.03B | 3.69B | 3.43B | 3.75B | 3.71B | 3.59B | 3.36B | 2.03B | 1.55B | 1.30B | 1.18B | 1.19B | 1.12B | 1.05B | 973.00M | 885.00M | 756.30M | 546.80M | 485.50M |
| Gross Profit Ratio | 19.94% | 20.78% | 19.57% | 21.56% | 21.61% | 22.20% | 22.09% | 25.46% | 28.56% | 28.69% | 28.82% | 26.01% | 26.54% | 26.58% | 26.76% | 27.28% | 26.94% | 27.21% | 25.02% | 24.29% | 23.36% | 22.60% | 25.83% | 25.29% | 28.23% | 29.52% | 29.06% | 28.41% | 28.77% | 29.18% | 29.22% | 29.83% | 30.55% | 30.67% | 30.85% | 30.42% | 31.13% | 31.04% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 4.90B | 5.03B | 4.66B | 4.59B | 4.59B | 4.65B | 4.78B | 7.01B | 6.70B | 6.56B | 6.60B | 6.53B | 6.46B | 6.60B | 6.99B | 6.37B | 4.37B | 4.31B | 3.76B | 3.65B | 3.41B | 3.37B | 3.46B | 3.71B | 2.64B | 2.39B | 1.43B | 1.10B | 932.20M | 1.01B | 847.70M | 781.90M | 732.90M | 700.10M | 613.60M | 506.50M | 346.60M | 304.50M |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 483.26M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 352.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 4.90B | 5.03B | 4.66B | 4.59B | 4.59B | 4.65B | 4.78B | 7.01B | 6.70B | 6.56B | 6.60B | 6.53B | 6.46B | 6.58B | 6.99B | 6.37B | 4.37B | 4.31B | 3.76B | 3.65B | 3.41B | 4.20B | 4.65B | 4.21B | 2.94B | 2.67B | 1.60B | 1.22B | 1.03B | 1.11B | 946.00M | 875.40M | 826.20M | 784.50M | 690.40M | 567.50M | 390.90M | 341.70M |
| Cost & Expenses | 24.19B | 24.50B | 24.00B | 21.79B | 21.56B | 21.40B | 22.64B | 29.92B | 25.65B | 24.76B | 24.67B | 25.86B | 24.98B | 25.43B | 26.24B | 24.06B | 17.16B | 16.88B | 16.37B | 16.22B | 15.52B | 15.94B | 15.42B | 15.18B | 12.08B | 10.69B | 6.55B | 5.12B | 4.26B | 3.98B | 3.84B | 3.51B | 3.22B | 2.98B | 2.67B | 2.30B | 1.60B | 1.42B |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 224.40M | 191.60M | 201.39M | 229.66M | 227.73M | 202.77M | 200.07M | 449.57M | 397.61M | 424.59M | 515.42M | 529.26M | 547.58M | 515.76M | 477.63M | 449.60M | 275.22M | 277.02M | 294.87M | 313.50M | 396.06M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 276.58M | 295.69M | 327.12M | 328.28M | 357.88M | 386.06M | 407.37M | 509.21M | 416.63M | 403.74M | 414.11M | 440.58M | 505.55M | 534.24M | 586.21M | 472.47M | 270.31M | 249.76M | 246.74M | 264.29M | 285.33M | 349.84M | 384.07M | 501.00M | 302.60M | 274.20M | 168.10M | 118.70M | 98.60M | 95.70M | 98.30M | 93.50M | 93.30M | 84.40M | 76.80M | 61.00M | 44.30M | 37.20M |
| EBITDA | 178.44M | 368.31M | 374.26M | 467.70M | 441.86M | 514.90M | 695.08M | 1.32B | 1.30B | 1.17B | 1.45B | 702.51M | 762.44M | 778.10M | -2.91B | -1.08B | 834.33M | 918.46M | 718.57M | 686.98M | 681.40M | -17.56M | -11.40M | 95.52M | 1.21B | 964.00M | 659.70M | 443.20M | 372.40M | 170.10M | 345.90M | 336.30M | 320.40M | 272.90M | 268.30M | 247.40M | 195.40M | 177.00M |
| EBITDA Ratio | 0.74% | 1.50% | 1.56% | 2.13% | 2.04% | 2.39% | 3.03% | 4.30% | 4.89% | 4.57% | 4.46% | 2.69% | 3.02% | 3.03% | 10.62% | 3.45% | 3.84% | 4.13% | 4.27% | 4.14% | 4.31% | -0.12% | -0.08% | 0.65% | 9.52% | 8.47% | 9.46% | 8.14% | 8.21% | 4.19% | 8.47% | 8.97% | 9.29% | 8.60% | 9.35% | 9.95% | 11.12% | 11.32% |
| Operating Income | -98.15M | 72.62M | 47.14M | 139.42M | 83.98M | 128.84M | 287.71M | 812.91M | 881.09M | 762.57M | 717.51M | 261.92M | 256.90M | 243.86M | 2.21B | 366.78M | 402.48M | 463.10M | 471.83M | 422.69M | 396.07M | -367.40M | -395.47M | -405.47M | 909.00M | 689.80M | 491.60M | 324.50M | 273.80M | 74.40M | 247.60M | 242.80M | 227.10M | 188.50M | 191.50M | 186.40M | 151.10M | 139.80M |
| Operating Income Ratio | -0.41% | 0.30% | 0.20% | 0.64% | 0.39% | 0.60% | 1.25% | 2.64% | 3.32% | 2.99% | 2.83% | 1.00% | 1.02% | 0.95% | 8.39% | 1.51% | 2.30% | 2.68% | 2.81% | 2.55% | 2.51% | -2.42% | -2.72% | -2.76% | 7.14% | 6.06% | 7.05% | 5.96% | 6.04% | 1.83% | 6.06% | 6.48% | 6.59% | 5.94% | 6.68% | 7.50% | 8.60% | 8.94% |
| Total Other Income/Expenses | -658.26M | -614.88M | -20.16M | -221.03M | -673.45M | -172.39M | -239.19M | -534.51M | -454.27M | -512.35M | -710.01M | -261.89M | 9.84M | 26.76M | -2.63B | -544.94M | -388.90M | -419.85M | -168.47M | -403.12M | -167.64M | -405.44M | -887.34M | -710.27M | -709.40M | -159.80M | -164.60M | -68.30M | -42.30M | -28.70M | -33.00M | -40.80M | -52.40M | -54.70M | -40.30M | -32.20M | -18.10M | -11.90M |
| Income Before Tax | -756.40M | -542.26M | -120.23M | -81.61M | -589.48M | -43.55M | 48.52M | 278.40M | 426.82M | 250.22M | 7.51M | -392.26M | -545.58M | -479.92M | -2.58B | -273.50M | 13.58M | 43.25M | 134.01M | 34.52M | -167.64M | -772.84M | -1.28B | -1.12B | 199.60M | 530.00M | 258.90M | 256.20M | 231.50M | 45.70M | 214.60M | 202.00M | 174.70M | 133.80M | 154.30M | 156.60M | 137.80M | 127.90M |
| Income Before Tax Ratio | -3.14% | -2.21% | -0.50% | -0.37% | -2.72% | -0.20% | 0.21% | 0.91% | 1.61% | 0.98% | 0.03% | -1.50% | -2.16% | -1.87% | -9.82% | -1.12% | 0.08% | 0.25% | 0.80% | 0.21% | -1.06% | -5.09% | -8.84% | -7.60% | 1.57% | 4.66% | 3.71% | 4.70% | 5.11% | 1.13% | 5.25% | 5.39% | 5.07% | 4.22% | 5.38% | 6.30% | 7.84% | 8.18% |
| Income Tax Expense | -6.47M | -3.78M | -20.16M | 387.61M | 77.48M | 305.99M | 44.44M | 112.94M | -1.68B | 804.00K | -110.60M | -23.69M | 9.84M | 26.76M | 329.26M | 802.70M | -13.24M | -1.23B | -168.47M | -48.80M | -41.94M | -11.75M | 148.96M | 8.00K | 55.90M | 213.60M | 98.40M | 97.30M | 90.20M | 19.50M | 82.20M | 78.00M | 67.40M | 51.90M | 59.10M | 62.80M | 59.80M | 60.00M |
| Net Income | -749.94M | -538.48M | -100.07M | -469.22M | -422.21M | 943.47M | 4.05M | 165.47M | 2.11B | 249.41M | 118.11M | -368.57M | -555.42M | -506.68M | -2.92B | -1.08B | 26.83M | 1.27B | 302.48M | 83.31M | -112.08M | -827.68M | -1.59B | -1.14B | 143.70M | 316.40M | 115.30M | 158.90M | 141.30M | 9.30M | 132.40M | 124.00M | 107.30M | 102.10M | 95.20M | 140.90M | 78.00M | 62.50M |
| Net Income Ratio | -3.11% | -2.19% | -0.42% | -2.14% | -1.95% | 4.38% | 0.02% | 0.54% | 7.95% | 0.98% | 0.47% | -1.41% | -2.20% | -1.97% | -11.09% | -4.44% | 0.15% | 7.37% | 1.80% | 0.50% | -0.71% | -5.46% | -10.95% | -7.79% | 1.13% | 2.78% | 1.65% | 2.92% | 3.12% | 0.23% | 3.24% | 3.31% | 3.11% | 3.22% | 3.32% | 5.67% | 4.44% | 4.00% |
| EPS | -13.71 | -9.96 | -1.87 | -8.82 | -7.99 | 17.98 | 0.08 | 3.20 | 43.40 | 4.60 | 2.40 | -8.32 | -12.58 | -11.50 | -69.35 | -29.81 | -0.20 | 47.20 | 10.05 | 2.27 | -4.34 | -35.03 | -111.20 | -88.19 | -35.80 | -14.80 | 6.30 | 9.50 | 16.70 | 0.90 | 7.50 | 7.10 | 3.25 | 3.10 | 2.85 | 4.30 | 2.40 | 1.90 |
| EPS Diluted | -13.64 | -9.96 | -1.87 | -8.82 | -7.99 | 17.98 | 0.08 | 3.20 | 41.60 | 4.60 | 2.40 | -8.32 | -12.58 | -11.50 | -69.35 | -29.81 | -0.20 | 37.80 | 8.25 | 2.23 | -4.34 | -35.03 | -95.73 | -88.19 | -35.80 | -14.80 | 6.30 | 9.20 | 16.70 | 0.90 | 7.30 | 7.00 | 3.25 | 3.05 | 2.85 | 4.30 | 2.40 | 1.90 |
| Weighted Avg Shares Out | 54.68M | 54.06M | 53.65M | 53.23M | 52.85M | 52.48M | 52.22M | 51.22M | 48.56M | 46.11M | 44.48M | 44.29M | 44.15M | 44.04M | 42.04M | 36.20M | 26.22M | 26.20M | 26.98M | 20.67M | 25.85M | 23.62M | 14.29M | 12.96M | 12.93M | 12.58M | 12.28M | 8.38M | 8.46M | 10.33M | 8.78M | 8.78M | 8.31M | 8.30M | 8.51M | 8.27M | 8.26M | 8.25M |
| Weighted Avg Shares Out (Dil) | 54.99M | 54.06M | 53.65M | 53.23M | 52.85M | 52.48M | 53.04M | 52.12M | 50.89M | 48.95M | 45.36M | 44.29M | 44.15M | 44.04M | 42.04M | 36.20M | 26.22M | 33.83M | 31.70M | 26.29M | 25.85M | 23.62M | 16.60M | 12.96M | 12.93M | 12.58M | 12.28M | 8.38M | 8.46M | 10.33M | 8.78M | 8.78M | 8.31M | 8.30M | 8.51M | 8.27M | 8.26M | 8.25M |
Rite Aid Files for Bankruptcy: Is Walgreens Boots Alliance Headed for the Same Fate?
These pharmacy retailers have a lot in common, as both have struggled to stay out of the red. Walgreens remains unprofitable, but it is making efforts to reduce even more costs.
CVS Health: Rite Aid's Chapter 11 Provides Opportunity
CVS Health can derive strong synergy benefits from their pharmacies, health insurance, and PBM businesses. CVS Health's debt load is manageable and offers the opportunity to acquire a number of Rite Aid drugstores. However, there is a big shark lurking:...
Rite Aid Rides a Hot 2023 Trend: Going Bankrupt
So far this year, companies filing for bankruptcy are twice that of 2022, and a hair short of pandemic 2020. The biggest group of filers: consumer-discretionary companies, like Rite Aid.
Make Rite Aid a Meme Stock at Your Own Risk
The search for the next meme stock has taken a bizarre twist. Retail investors are known for attempting to save the failing companies that Wall Street bets against.
Walgreens pays $192.5M to settle Rite Aid investors' lawsuit
Walgreens Boots Alliance Inc (NASDAQ:WBA) has agreed to pay $192.5 million to settle a class action lawsuit brought on by Rite Aid (NYSE:RAD) investors, according to a deal filed in Pennsylvania federal court on Wednesday. The deal is subject to approval...
A List of 150 Stores Rite Aid Is Closing
Rite Aid, which just moved into Chapter 11, will close 150 stores. It has 2,300 in 17 states, so the number is likely to rise.
Rite Aid closing 154 stores in 15 states: Here's the list
Rite Aid is shuttering over 150 stores as it seeks to restructure their business following years of legal issues tied to the opioid crisis and sagging sales.
Rite Aid is closing 154 stores as part of bankruptcy
Rite Aid plans to shutter 154 stores, many of them in Pennsylvania and California, as part of its bankruptcy plans, according to an initial list of those closures published in court documents filed on Tuesday. That list was released after...
Rite Aid lost more than $1 billion in months before bankruptcy filing
Rite Aid warned investors it may not be able to keep its business running.
Rite Aid is closing nearly 100 stores as part of its bankruptcy. See the list
Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed almost 100 stores nationwide as part of its restructuring efforts.
Source: https://incomestatements.info
Category: Stock Reports