who-owns-boots

Who Owns Boots?

Boots is owned by the Walgreens Boots Alliance, which also owns Walgreens. The main shareholder of Walgreens Boots Alliance is Italian businessman Stefano Pessina, Executive Chairman of the Walgreens Boots Alliance Board, and his wife, Ornella Barra. Top institutional investors comprise The Vanguard Group (6.9%), BlackRock (6.4%), and State Street Corporation (5.5%).

Key Highlights

  • Ownership Structure: Boots, a well-known pharmacy chain, is a subsidiary of the Walgreens Boots Alliance. This alliance also owns Walgreens, a prominent pharmacy and retail company.
  • Main Shareholder: Italian businessman Stefano Pessina holds a key role in the ownership of Walgreens Boots Alliance. He serves as the Executive Chairman of the company’s Board. His significant influence contributes to the company’s strategic decisions.
  • Ornella Barra’s Role: Ornella Barra, wife of Stefano Pessina, is another important figure in the ownership of Walgreens Boots Alliance. She has actively contributed to the pharmaceutical and retail sector and holds positions of influence within the company.
  • Institutional Investors: Notable institutional investors play a significant role in the ownership landscape:
    • The Vanguard Group: One of the world’s largest investment management companies, holding a substantial ownership stake of 6.9% in Walgreens Boots Alliance.
    • BlackRock: Another major investment management firm with a significant stake of approximately 6.4% in the company.
    • State Street Corporation: A leading financial services and investment company, holding a notable ownership percentage of around 5.5%.
  • Global Impact: These institutional investors contribute to Walgreens Boots Alliance’s financial strength and strategic direction. The ownership structure underscores the company’s importance in the global pharmaceutical and retail sectors.

Related Visual Stories

Walgreens Boots Alliance Revenue

walgreens-boots-alliance-revenue
Walgreens Boots Alliance generated $268.19 billion in revenue in 2022, compared to $232.72 billion in 2021, and $208.62 billion in 2020.

Walgreens Boots Alliance Profits

walgreens-boots-profits
Walgreens Boots Alliance generated $1.99 billion in profits in 2022, compared to a net loss of $3.47 billion in 2021 and $1.62 billion in 2020.

Walgreens Revenue

walgreens-revenue-breakdown
Walgreens generated 74% of its revenue from Pharmacy, compared to 26% from Retail in 2022, 76% of revenue from Pharmacy, and 24% from Retail in 2021.

Walgreens Distribution Strategy

walgreens-distribution-strategy
Walgreen’s distribution strategy is skewed toward pharmacy, which in 2022 generated 74% of its revenue, compared to retail which generated 26% of its revenue.

Boots Revenue

boots-revenue-breakdown
Boots generated 51% of its revenues from wholesale, compared to 42% from retail and 17% from the pharmacy segment in 2022.

Boots Distribution Strategy

boots-distribution-strategy
Boots’ distribution strategy is skewed toward wholesale, which generated 51% of the company’s revenue in 2022, compared to 32% from retail and 17% from the pharmacy segment.

Related Visual Stories

CVS Revenue

cvs-revenue
CVS generated over $322 billion in revenue in 2022, compared to over $292 billion in 2021 and over $268 billion in 2020. In 2022, of CVS’s revenue, most of it came from products, followed by premiums and services.

CVS Profits

cvs-profits
CVS generated $4.15 billion in profits in 2022, compared to $7.91 billion in 2021 and $7.18 billion in 2020.

CVS Revenue Breakdown

cvs-revenue-breakdown

CVS Distribution Strategy

cvs-distribution-strategy
CVS’s distribution strategy is toward pharmacy, which in 2022 generated nearly 77% of the company’s revenue compared to front store & others, which generated over 23% of its revenue.

CVS Revenue By Channel

cvs-revenue-by-channel
In 2022, CVS generated most of its revenue from pharmacy (76.9%), compared to 76% of revenue from pharmacy in 2021 and 76.9% in 2020. The rest is generated by retail & others.

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