Login

Express Scripts Holding Co.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2018 10-Q, filed Oct 31, 2018. Its latest SEC filing is a EFFECT from Jul 26, 2019.

The sections below describe the company as of the FY2017 annual report.

What Did They Do?

Manages prescription drug benefits and dispenses medicines through retail, home-delivery and specialty pharmacies for health insurers, employers and government health programs.

How Did They Make Money?

Clients and members pay for prescription drugs dispensed through retail networks and for medicines shipped from home-delivery and specialty pharmacies; retail transactions are billed when claims are processed, and shipped medicines when shipped. Medical-benefit management earns monthly fees during covered periods or per-claim fees as services are provided.

FY2017 revenue

Who Were Their Customers?

Health insurers, managed care organizations, employers and government health programs hire Express Scripts to manage prescription benefits. Members receive medicines through contracted retail pharmacies or company-run home-delivery and specialty pharmacies.

Did Revenues Turn Into Profits?

Yes. It kept 5 cents of every revenue dollar as net income in FY2017.

Operating income, FY2017
5% of revenue
▲ +8% vs FY2016 ($5.1B, 5%)
Net income, FY2017
5% of revenue
▲ +33% vs FY2016 ($3.4B, 3%)

How Were They Changing?

Since the FY2017 annual report
Latest quarter: Q3 FY2018, the three months to Sep 30, 2018
Revenue
▲ +4%
vs $24.7B in Q3 FY2017
Net income
▲ +27%
vs $841.7M in Q3 FY2017
  • Dec 20, 2018 Cigna completed its acquisition of Express Scripts Express Scripts became a wholly owned subsidiary of New Cigna, and its shares were delisted.
  • Oct 31, 2018 Forecast core adjusted claims growth of 2% to 3% The company also expected 2019 client retention to exceed 98%.

Held flat. Revenue was $100.1B in FY2017, about the same as the $104.1B of FY2013.

Who Did They Compete With?

Competes with MedImpact, Navitus Health Solutions, Aetna, Humana, UnitedHealth Group, Prime Therapeutics, CVS Health, Rite Aid, Wal-Mart Stores, and Argus

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support