Pharmacies & Drug Stores Industry: Statistics, Forecasts, and Company Data

Pharmacies & Drug Stores - Market Size and Industry Forecast

The 2023 Pharmacies and Drug Stores Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the pharmacies & drug stores industry.

Market Size (Total Revenue)

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Revenue Forecast
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Pharmacies & Drug Stores - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Pharmacies & Drug Stores companies in the United States.

Pharmacies & Drug Stores Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesPharmacies & Drug Stores
Small Business (< 5 Employees)

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Pharmacies & Drug Stores - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Pharmacies & Drug Stores - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Pharmacies & Drug Stores - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

Drugs, health aids, beauty aids, including cosmetics
Nonprescription medicines
Groceries & other foods for human consumption off the premises
Other hygiene needs, including deodorants; hair & shaving products
All other foods
All other merchandise
Cosmetics, including face cream, make-up, perfumes & colognes
Health aids, including first-aid prod; foot prod; ortho equip;

Pharmacies & Drug Stores - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations2%

Chief Executives0%
General and Operations Managers2%
Healthcare Practitioners and Technical Occupations49%
Health Diagnosing and Treating Practitioners19%
Health Technologists and Technicians30%
Health Practitioner Support Technologists and Technicians30%
Pharmacy Technicians30%
Sales and Related Occupations34%
Retail Sales Workers30%
Office and Administrative Support Occupations6%

Government Contracts

In the past, the federal government spent an annual total of $8,591,030 on the pharmacies & drug stores industry. It has awarded 457 contracts to 55 companies, with an average value of $156,201 per company.

Pharmacies & Drug Stores and Adjacent Industries - Top Companies

($ Millions)

Pharmacies & Drug Stores Industry Report
GeographyUnited States  
Publication DateJune 2023
Report FormatPDF Download  

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