The BusinessWeek 50 Ranking
3
Caremark Rx
IN A PILL-POPPING nation, designing prescription plans and processing pharmacy claims is one lucrative business. Few know better than pharmacy benefits manager Caremark Rx, which helps companies, insurers, and government agencies put together drug coverage for employees. The Nashville company saw strong growth in its business filling prescriptions through the mail. Profits leapt 55%, to $932 million, on sales of $33 billion, up 28%. And Caremark, along with rivals, is poised to cash in again. The Medicare drug benefit is expected to boost spending on drugs by as much as $15 billion.
Company Info |
|
| 2005 Rank | 22 |
| GET MORE COMPANY INFO | CMX |
| Market Value $ Million | 22,117.9 |
| Total Return $ Million | (1-yr.) 30.0
(3-yr.) 184.9 |
| 2005 Sales $ Billion | 33.0 |
| Sales Growth $ Million | (1-yr.) 28
(3-yr.) 78.3 |
| Long-Term Growth Est. % | 20.0 |
| Net income $ Million | 932.4 |
| Net Income Growth $ Million | (1-yr.) 55
(3-yr.) 11.4 |
| Net Margin %* | 2.8 |
| Return on Inv. Capital (%)* | 10.9 |
| Share Price 12-Mo. Hi/Lo | 54/37 |
| P/E Ratio | 24 |
| Industry | Health Care Equipment & Services |
| CORPORATE WEB SITE | |
