Walgreens Boots Alliance, Inc.

10-K & 10-Q Filings

Walgreens Boots Alliance, Inc. is a Delaware corporation incorporated in 2014 with its principal executive offices located in Deerfield, Illinois. The company is an integrated healthcare, pharmacy, and retail leader with a 170-year heritage. Its common stock trades on the Nasdaq Stock Market under the symbol "WBA." Walgreens Boots Alliance operates in nine countries and employs over 331,000 people. The company's business strategy includes providing convenient, omni-channel access to consumer goods and services, including own branded general merchandise, pharmacy and health and wellness services, and integrated digital offerings. The company's operations are conducted through three reportable segments: U.S. Retail Pharmacy, International, and U.S. Healthcare. U.S. Retail Pharmacy includes the Walgreens and Duane Reade retail brands, with approximately 8,700 retail stores in the U.S. and Puerto Rico. The segment focuses on creating neighborhood health destinations and providing health and wellness services to customers. International includes pharmacy-led health and beauty retail businesses in the UK, Republic of Ireland, Thailand, Mexico, and Chile, as well as a pharmaceutical wholesaling and distribution business in Germany. U.S. Healthcare is a consumer-centric, technology-enabled healthcare business that engages consumers through a personalized, omni-channel experience across the care journey. Walgreens Boots Alliance's website is www.walgreens.com, and its ticker symbol is "WBA."

12 mos ending Aug 31, 201512 mos ending Aug 31, 201612 mos ending Aug 31, 201712 mos ending Aug 31, 201812 mos ending Aug 31, 201912 mos ending Aug 31, 202012 mos ending Aug 31, 202112 mos ending Aug 31, 202212 mos ending Aug 31, 20236 mos ending Feb 28, 20236 mos ending Feb 29, 2024CAGR %YoY %Revenue (+)
$103444.00
117351.00
118214.00
131537.00
136866.00
139537.00
132509.00
132703.00
139081.00
68244.00
73760.00
3.77%8.08%Cost of Revenue (-)
$76520.00
87477.00
89052.00
100745.00
106790.00
111520.00
104442.00
104437.00
112009.00
54236.00
59948.00
4.88%10.53%Gross Profit (+)
$26924.00
29874.00
29162.00
30792.00
30076.00
28017.00
28067.00
28265.00
27072.00
14008.00
13811.00
0.07%-1.41%Selling, General & Administrative (-)
$22571.00
23910.00
23740.00
24569.00
25242.00
27045.00
24586.00
27295.00
34205.00
20091.00
14772.00
5.33%-26.47%Non-recurring Operating Expenses (-)
$
12369.00
Operating Expenses (-)
$22256.00
23910.00
23740.00
24569.00
25242.00
26705.00
25725.00
26878.00
34205.00
20091.00
27141.00
5.52%35.09%Costs & Expenses (Total) (-)
$99091.00
111387.00
112792.00
125314.00
132032.00
138565.00
129028.00
131732.00
146214.00
74327.00
87089.00
4.98%17.17%Operating Income/Loss (+)
$4668.00
6001.00
5557.00
6414.00
4998.00
1312.00
2342.00
1387.00
-6882.00
-5954.00
-13209.00
-121.85%Non-operating Income/Expense (+)
$563.00
44.00
233.00
70.00
558.00
2998.00
2043.00
1544.00
-25.00
17.48%-101.62%Interest Expense (-)
$605.00
596.00
693.00
616.00
704.00
639.00
905.00
400.00
580.00
252.00
237.00
-0.53%-5.95%Earnings before Tax (+)
$11227.00
10884.00
10399.00
12566.00
9758.00
2125.00
4895.00
8370.00
-5419.00
-4662.00
-13472.00
-188.97%Tax Expense (-)
$1056.00
997.00
760.00
998.00
588.00
360.00
667.00
-30.00
-1858.00
-1377.00
-856.00
37.84%Income/Loss (Continuing Operations) (+)
$4279.00
4191.00
4101.00
5031.00
3962.00
424.00
1955.00
4065.00
-3528.00
-3285.00
-12616.00
-284.05%Income/Loss (Discontinued Operations) (+)
$
557.00
Profit/Loss (+)
$4279.00
4191.00
4101.00
5031.00
3962.00
424.00
2512.00
4065.00
-3528.00
-3272.00
-12600.00
-285.09%Net Income/Loss (NCI) (-)
$59.00
18.00
23.00
7.00
-20.00
-32.00
Net Income/Loss (+)
$4220.00
4173.00
4078.00
5024.00
3982.00
456.00
2542.00
4337.00
-3080.00
-3018.00
-5975.00
-97.98%Net Income/Loss (Common) (+)
$4220.00
4173.00
4078.00
5024.00
3982.00
456.00
2542.00
4337.00
-3080.00
-3018.00
-5975.00
-97.98%EPS (Basic)
$4.05
3.85
3.80
5.07
4.32
0.52
2.94
5.02
-3.57
-3.50
-6.93
-98.00%EPS (Diluted)
$4.00
3.82
3.78
5.05
4.31
0.52
2.93
5.01
-3.57
-3.50
-6.93
-98.00%Weighted Avg Shares (Basic)
1043.20
1083.10
1073.50
991.00
921.50
879.40
864.80
864.40
863.20
863.10
862.80
-2.34%-0.03%Weighted Avg Shares (Diluted)
1053.90
1091.10
1078.50
995.00
923.50
880.30
866.40
865.90
863.20
863.10
862.80
-2.46%-0.03%Cash
$3000.00
9807.00
3301.00
785.00
1023.00
516.00
1193.00
1358.00
728.00
1088.00
668.00
-16.22%-38.60%Short-term Investments
$
1114.00
11.00
752.00
Receivables
$6849.00
6260.00
6528.00
6573.00
7226.00
7132.00
5663.00
5017.00
5381.00
5730.00
6200.00
-2.97%8.20%Inventory
$8678.00
8956.00
8899.00
9565.00
9333.00
9451.00
8159.00
8353.00
8257.00
8757.00
8557.00
-0.62%-2.28%Other Assets (Current)
$1130.00
860.00
1025.00
923.00
1118.00
974.00
800.00
1059.00
1127.00
1362.00
1136.00
-0.03%-16.59%Assets (Current)
$19657.00
25883.00
19753.00
17846.00
18700.00
18073.00
15814.00
16902.00
15503.00
17689.00
16561.00
-2.92%-6.38%Securities & Long-term Investments
$
6174.00
6320.00
6610.00
6851.00
7338.00
6987.00
5495.00
3497.00
4069.00
3256.00
-19.98%Property, Plant & Equipment (Net)
$15068.00
14335.00
13642.00
13911.00
13478.00
35066.00
34140.00
32988.00
33254.00
33600.00
31463.00
10.40%-6.36%Goodwill & Intangibles
$28723.00
25829.00
25788.00
28697.00
27436.00
26021.00
22357.00
33010.00
41822.00
42207.00
28798.00
4.81%-31.77%Other Assets
$5334.00
467.00
506.00
1060.00
1133.00
677.00
1987.00
1730.00
2550.00
2913.00
4128.00
-8.81%41.71%Assets (Non-current)
$49125.00
46805.00
46256.00
50278.00
48899.00
69101.00
65471.00
73222.00
81125.00
82790.00
67646.00
6.47%-18.29%Assets (Total)
$68782.00
72688.00
66009.00
68124.00
67598.00
87174.00
81285.00
90124.00
96628.00
100479.00
84207.00
4.34%-16.19%Accounts Payable
$15313.00
16484.00
17967.00
19701.00
20031.00
21107.00
18490.00
19238.00
21270.00
21666.00
20639.00
4.19%-4.74%Debt (Current)
$1068.00
323.00
251.00
1966.00
5738.00
3538.00
1305.00
1059.00
917.00
4222.00
1937.00
-1.89%-54.12%Other Liabilities (Current)
$176.00
206.00
329.00
2426.00
2259.00
2286.00
2347.00
2340.00
2339.00
38.24%-0.04%Liabilities (Current)
$16557.00
17013.00
18547.00
21667.00
25769.00
27070.00
22054.00
22583.00
24535.00
28228.00
24915.00
5.04%-11.74%Debt (Non-current)
$13315.00
18705.00
12684.00
12431.00
11098.00
12203.00
7675.00
10615.00
8145.00
8820.00
7535.00
-5.96%-14.57%Other Liabilities
$7610.00
6689.00
6504.00
7337.00
6580.00
26765.00
27416.00
27560.00
35460.00
33834.00
36393.00
21.21%7.56%Liabilities (Non-current)
$20925.00
25394.00
19188.00
19768.00
17678.00
38968.00
35091.00
38175.00
43605.00
42654.00
43928.00
9.61%2.99%Liabilities (Total)
$37482.00
42407.00
37735.00
41435.00
43447.00
66039.00
57145.00
60758.00
68140.00
70882.00
68843.00
7.76%-2.88%Treasury Stock
$-3977.00
-4934.00
9971.00
15047.00
19057.00
20575.00
20593.00
20683.00
20717.00
20747.00
20705.00
-0.20%Retained Earnings
$25089.00
27684.00
30137.00
33551.00
35815.00
34210.00
35121.00
37801.00
33058.00
33952.00
26448.00
3.51%-22.10%AOCI
$-214.00
-2992.00
-3051.00
-3002.00
-3897.00
-3771.00
-2109.00
-2805.00
-2993.00
-2654.00
-2897.00
-9.16%Shareholder's Equity
$31300.00
30281.00
28274.00
26689.00
24152.00
21136.00
23822.00
29366.00
28322.00
29439.00
15192.00
-1.24%-48.39%Liabilities & Equity
$68782.00
72688.00
66009.00
68124.00
67598.00
87174.00
81285.00
90124.00
96628.00
100479.00
84207.00
4.34%-16.19%Net Income/Loss
$4279.00
4191.00
4101.00
5031.00
3962.00
424.00
2512.00
4065.00
-3528.00
-3272.00
-12600.00
-285.09%Depreciation & Amortization
$1742.00
1718.00
1654.00
1770.00
2038.00
1927.00
1973.00
1990.00
2257.00
1055.00
1230.00
3.29%16.59%Increase/Decrease in Working Capital
$311.00
-2608.00
-1618.00
-1941.00
740.00
-941.00
-428.00
-495.00
-7444.00
-6792.00
1520.00
122.38%Share-based Compensation
$109.00
115.00
91.00
130.00
119.00
137.00
155.00
391.00
385.00
293.00
99.00
17.09%-66.21%Adjustments to Reconcile Net Income
$1385.00
3656.00
3150.00
3234.00
1632.00
5060.00
3043.00
-166.00
5785.00
4510.00
11681.00
19.57%159.00%Net Cash (Operating)
$5664.00
7847.00
7251.00
8265.00
5594.00
5484.00
5555.00
3899.00
2258.00
1239.00
-918.00
-10.86%-174.09%Capital Expenditure
$-6526.00
-1399.00
1351.00
1367.00
1702.00
1374.00
-4148.00
1734.00
2117.00
1108.00
858.00
-22.56%Net Cash (Investing)
$-4276.00
-3517.00
-843.00
-5501.00
-2307.00
-1297.00
4072.00
-1064.00
-3094.00
-3583.00
902.00
125.17%Increase/Decrease in Debt
$2039.00
6811.00
-6163.00
1596.00
2508.00
-1208.00
-3440.00
3587.00
-2703.00
1314.00
479.00
-63.55%Increase/Decrease in Equity
$1729.00
1387.00
-5003.00
-5054.00
-3986.00
-1534.00
-51.00
-160.00
-105.00
-128.00
-69.00
46.09%Dividends Paid
$-1384.00
-1563.00
1723.00
1739.00
1643.00
1747.00
1617.00
1659.00
1659.00
829.00
828.00
-0.12%Net Cash (Financing)
$-915.00
2606.00
-12934.00
-5295.00
-3047.00
-4647.00
-9036.00
-1499.00
-887.00
1766.00
-127.00
-107.19%Effect of Exchange Rate
$-119.00
-129.00
20.00
15.00
-9.00
-1.00
-66.00
-47.00
20.00
13.00
2.00
-84.62%Increase/Decrease in Cash
$354.00
6807.00
-6506.00
-2516.00
232.00
-460.00
525.00
1288.00
-1702.00
-566.00
-142.00
74.91%Cash (Beginning)
$2646.00
3000.00
9807.00
3301.00
975.00
1207.00
746.00
1270.00
2558.00
2558.00
856.00
-0.42%-66.54%Cash (Ending)
$3000.00
9807.00
3301.00
785.00
1207.00
746.00
1270.00
2558.00
856.00
1993.00
715.00
-14.51%-64.12%NOPAT
$4228.93
5451.29
5150.87
5904.60
4696.83
1089.73
2022.88
1382.03
-9241.62
-7712.61
-14048.29
-82.15%Gross Margin %
26.03%
25.46%
24.67%
23.41%
21.97%
20.08%
21.18%
21.30%
19.46%
20.53%
18.72%
Operating Margin %
4.51%
5.11%
4.70%
4.88%
3.65%
0.94%
1.77%
1.05%
-4.95%
-8.72%
-17.91%
NOPAT Margin %
4.09%
4.65%
4.36%
4.49%
3.43%
0.78%
1.53%
1.04%
-6.64%
-11.30%
-19.05%
Net Margin %
4.08%
3.56%
3.45%
3.82%
2.91%
0.33%
1.92%
3.27%
-2.21%
-4.42%
-8.10%
Tax Rate %
9.41%
9.16%
7.31%
7.94%
6.03%
16.94%
13.63%
0.36%
-34.29%
-29.54%
-6.35%
ROA
6.15%
7.50%
7.80%
8.67%
6.95%
1.25%
2.49%
1.53%
-9.56%
-7.68%
-16.68%
ROE
13.51%
18.00%
18.22%
22.12%
19.45%
5.16%
8.49%
4.71%
-32.63%
-26.20%
-92.47%
ROIC
9.01%
11.22%
12.87%
14.82%
12.21%
1.95%
3.90%
2.29%
-13.79%
-11.25%
-26.07%
Asset Turnover
1.50
1.61
1.79
1.93
2.02
1.60
1.63
1.47
1.44
0.68
0.88
Inventory Turnover
8.82
9.77
10.01
10.53
11.44
11.80
12.80
12.50
13.57
6.19
7.01
Equity Multiplier
2.20
2.40
2.33
2.55
2.80
4.12
3.41
3.07
3.41
3.41
5.54
Current Ratio
1.19
1.52
1.07
0.82
0.73
0.67
0.72
0.75
0.63
0.63
0.66
Quick Ratio
0.59
0.94
0.53
0.34
0.32
0.28
0.31
0.33
0.25
0.27
0.28
Debt/Equity Ratio
0.46
0.63
0.46
0.54
0.70
0.74
0.38
0.40
0.32
0.44
0.62
Working Capital/Sales
0.03
0.07
0.01
-0.02
-0.02
-0.04
-0.03
-0.04
-0.06
-0.11
-0.09
Dividend Payout Ratio %
-32.73%
-28.67%
33.45%
29.45%
34.98%
160.31%
79.94%
120.04%
17.95%
10.75%
5.89%
Total Payout
$-5152.00
-9761.00
12889.00
5197.00
3121.00
4489.00
5108.00
-1768.00
4467.00
-357.00
418.00
217.09%Payout Ratio %
-121.83%
-179.06%
250.23%
88.02%
66.45%
411.94%
252.51%
-127.93%
48.34%
-4.63%
2.98%