Diplomat Pharmacy

Diplomat Pharmacy is an independent provider of pharmacy services that focuses on improving the lives of patients with chronic diseases such as cancer, hepatitis, multiple sclerosis, and HIV. The company offers services, including medication delivery, pharmacy benefit management, and managed care. Diplomat Pharmacy also provides a range of solutions to address the dispensing, delivery, dosing, and reimbursement of oral and injectable medications.

Employee Rating

2.9More
TypeSubsidiary
Parent CompanyUnitedHealth Group
HQFlint, MI, US
Founded1975
Websitediplomatpharmacy.com
Cybersecurity ratingBMore
Diplomat Pharmacy was founded in 1975 and is headquartered in Flint, MI, US

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Key People/Management at Diplomat Pharmacy

Atheer Kaddis

Atheer Kaddis

Executive Vice President, Sales and Strategic Alignment
Michelle Schultz

Michelle Schultz

Senior Vice President Finance
Bob Fleckenstien

Bob Fleckenstien

Vice President Operations
Brian Griffin

Brian Griffin

Chair
Philip R. Hagerman

Philip R. Hagerman

Chair Emeritus
Kenneth Klepper

Kenneth Klepper

Director
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Diplomat Pharmacy Office Locations

Diplomat Pharmacy has offices in Flint and Washington
Flint, MI, US (HQ)
325 W Atherton Rd
Flint, MI, US
4100 Saginaw St
Washington, DC, US
Hubert H. Humphrey Building, 200 Independence Ave SW
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Diplomat Pharmacy Financials and Metrics

Summary Metrics

Founding Date

1975
Diplomat Pharmacy is a subsidiary of UnitedHealth Group

Diplomat Pharmacy Revenue

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View revenue for all periods
Diplomat Pharmacy's revenue was reported to be $5.49 b in FY, 2018
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

2.2b3.4b4.4b4.5b5.5b

Revenue growth, %

52%31%

Cost of goods sold

2.1b3.1b4.1b4.1b5.1b

Gross profit

140.1m263.2m324.8m348.7m376.0m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

595.5m624.9m808.0m946.9m995.9m1.1b1.2b1.1b1.1b1.1b1.3b1.4b1.4b1.3b1.3b1.3b

Cost of goods sold

555.4m583.7m738.3m871.2m916.6m1.0b1.1b993.7m1.0b1.0b1.2b1.3b1.3b1.2b1.2b1.2b

Gross profit

40.2m41.1m69.7m75.8m79.2m83.3m78.5m85.0m84.8m85.3m110.6m98.4m93.4m79.2m72.7m63.4m

Gross profit Margin, %

7%7%9%8%8%8%7%8%8%8%8%7%7%6%6%5%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

18.0m27.6m8.0m84.3m9.5m

Accounts Receivable

158.5m254.7m275.6m332.1m326.6m

Prepaid Expenses

11.1m9.6m

Inventories

110.7m166.0m215.4m206.6m210.6m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

4.6m24.8m25.0m15.2m(302.3m)

Depreciation and Amortization

30.8m50.0m66.6m97.1m

Inventories

110.7m(41.7m)(44.3m)13.8m(3.9m)

Accounts Payable

202.5m43.2m(5.9m)24.3m(80.4m)
USDQ3, 2014

Debt/Equity

-0.8 x

Debt/Assets

0.2 x

Financial Leverage

-3.4 x
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Diplomat Pharmacy Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Diplomat Pharmacy Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Diplomat Pharmacy Online and Social Media Presence

Embed Graph

Diplomat Pharmacy Company Culture

  • Overall Culture

    A-

    79/100

  • CEO Rating

    A-

    76/100

  • Compensation

    B

    73/100

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Diplomat Pharmacy News and Updates

UnitedHealth's Optum to acquire Diplomat Pharmacy for $4 a share in cash

UnitedHealth Group's OptumRx pharmacy care services unit is acquiring specialty pharmacy Diplomat Pharmacy Inc. for $4 a share in cash, the companies said Monday. Diplomat shares closed Friday at $5.81 and the stock tumbled 32% in premarket trade Monday. The stock has fallen 57% in 2019, after it d…

UnitedHealth unit to buy Diplomat Pharmacy in $303 million deal

UnitedHealth Group Inc's pharmacy services unit, Optum, would buy Diplomat Pharmacy Inc, valuing the company at about $303 million.

(DPLO) Alert: Johnson Fistel, LLP Announces Investigation of Diplomat Pharmacy, Inc.; Long Term Investors Encouraged to Contact Firm

SAN DIEGO, July 15, 2019 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP is investigating potential violations of federal and state laws by Diplomat Pharmacy, Inc. ("Diplomat") (NYSE: DPLO) and certain of its officers. Earlier in 2019 a securities class action lawsuit was...

DPLO CLASS ACTION REMINDER: Hagens Berman Reminds Diplomat Pharmacy (DPLO) of Securities Class Action, Encourages Investors to Contact the Firm

SAN FRANCISCO, April 15, 2019 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP reminds investors in Diplomat Pharmacy, Inc. (NYSE: DPLO) of the pending securities class action and the April 25, 2019 Lead Plaintiff deadline. If you purchased or otherwise acquired Diplomat Pharmacy...

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Diplomat Pharmacy, Inc. of Class Action Lawsuit and Upcoming Deadline -DPLO

NEW YORK, April 9, 2019 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Diplomat Pharmacy, Inc. ("Diplomat" or the "Company") (NYSE: DPLO) and certain of its officers and directors. The class action, filed in United States District Court, Central ...

DIPLOMAT PHARMACY SHAREHOLDER ALERT: CLAIMSFILER Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Diplomat Pharmacy, Inc. - DPLO

NEW ORLEANS, March 22, 2019 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until April 25, 2019 to file lead plaintiff applications in a securities class action lawsuit against Diplomat Pharmacy, Inc. (NYSE: DPLO), if they purchased...
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Diplomat Pharmacy Frequently Asked Questions

  • When was Diplomat Pharmacy founded?

    Diplomat Pharmacy was founded in 1975.

  • Who are Diplomat Pharmacy key executives?

    Diplomat Pharmacy's key executives are Atheer Kaddis, Michelle Schultz and Bob Fleckenstien.

  • How many employees does Diplomat Pharmacy have?

    Diplomat Pharmacy has 867 employees.

  • What is Diplomat Pharmacy revenue?

    Latest Diplomat Pharmacy annual revenue is $5.5 b.

  • What is Diplomat Pharmacy revenue per employee?

    Latest Diplomat Pharmacy revenue per employee is $6.3 m.

  • Who are Diplomat Pharmacy competitors?

    Competitors of Diplomat Pharmacy include Trellis Rx, NowRx and Carlisle Medical.

  • Where is Diplomat Pharmacy headquarters?

    Diplomat Pharmacy headquarters is located at 325 W Atherton Rd, Flint.

  • Where are Diplomat Pharmacy offices?

    Diplomat Pharmacy has offices in Flint and Washington.

  • How many offices does Diplomat Pharmacy have?

    Diplomat Pharmacy has 3 offices.