Rite Aid

Rite Aid Corporation is one of the nation's leading drugstore chains with more than 4,600 stores in 31 states and the District of Columbia, with a strong presence on both the East and West coasts. Rite Aid is the largest drugstore chain on the East Coast and the third largest drugstore chain in the U.S. We have the largest loyalty program of any retailer in the U.S. Our wellness+ program currently has over 50 million unique registered users. We are remodeling and remerchandising our stores to the new “wellness” format at a rate of about 500 locations per year. Rite Aid holds a strategic partnership with General Nutrition Companies, Inc. (GNC), the largest specialty retailer of vitamins, mineral supplements, sports nutrition and herbal products. This partnership created unique GNC "stores within stores" in Rite Aid drugstores across the country.
Company Growth (employees)
Camp Hill, US
Size (employees)
50,160 (est)
Rite Aid was founded in 1968 and is headquartered in Camp Hill, US

Key People at Rite Aid

Ken Martindale

Ken Martindale

John Standley

John Standley

Chairman and Chief Executive Officer
Tony Montini

Tony Montini

Executive Vice President
Bryan Everett

Bryan Everett

Executive Vice President
Jocelyn Konrad

Jocelyn Konrad

Executive Vice President
Darren Karst

Darren Karst

Senior Executive Vice President, Chief Financial Officer and Chief Administrative Officer
David Abelman

David Abelman

Executive Vice President, Marketing

Rite Aid Office Locations

Rite Aid has an office in Camp Hill
Camp Hill, US (HQ)
30 Hunter Ln

Rite Aid Metrics

Rite Aid Financial Metrics

Rite Aid's revenue was reported to be $30.7 b in FY, 2016 which is a 16% increase from the previous period.

Revenue (FY, 2016)

$30.7 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

$7.8 b

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

$165.5 m

Market capitalization (22-May-2017)

$3.8 b

Closing share price (22-May-2017)


Cash (27-Feb-2016)

$124.5 m


$10.6 b
Rite Aid's current market capitalization is $3.8 b.
FY, 2014FY, 2015FY, 2016


$25.5 b$26.5 b$30.7 b

Revenue growth, %


Cost of goods sold

$18.2 b$19 b$22.9 b

Gross profit

$7.3 b$7.6 b$7.8 b

Gross profit Margin, %


Operating expense total

$25.3 b$26.1 b$30.5 b

Interest expense

$424.6 m$397.6 m$449.6 m

Pre tax profit

$250.2 m$426.8 m$278.4 m

Income tax expense

$804 m($1.7 b)$112.9 m

Net Income

$249.4 m$2.1 b$165.5 m
FY, 2014FY, 2015FY, 2016


$146.4 m$115.9 m$124.5 m

Accounts Receivable

$949.1 m$980.9 m$1.6 b

Current Assets

$4.3 b$4.2 b$4.6 b


$2 b$2.1 b$2.3 b


$76.1 m$1.7 b

Total Assets

$6.9 b$8.9 b$11.3 b

Accounts Payable

$1.3 b$1.1 b$1.5 b

Total Debt

$5.7 b$5.5 b$6.9 b

Current Liabilities

$2.5 b$2.5 b$3 b

Common Stock

$971.3 m$988.6 m$1 b

Additional Paid-in Capital

$4.5 b$4.5 b$4.8 b

Retained Earnings

($7.5 b)($5.4 b)($5.2 b)

Total Equity

($2.1 b)$57.1 m$581.4 m

Debt to Equity Ratio

-2.7 x96.4 x11.9 x

Debt to Assets Ratio

0.8 x0.6 x0.6 x

Financial Leverage

-3.3 x155.3 x19.4 x
FY, 2014FY, 2015FY, 2016

Net Income

$249.4 m$2.1 b$165.5 m

Accounts Receivable

($28.1 m)($25.9 m)$291.7 m


$56.6 m$130 m$182 m

Accounts Payable

($100.8 m)($170 m)($21.2 m)

Cash From Operating Activities

$702 m$649 m$997.4 m

Purchases of PP&E

($333.9 m)($426.8 m)($541.3 m)

Capital Expenditures

($421.2 m)($539.4 m)($670 m)

Cash From Investing Activities

($364.9 m)($593.7 m)($2.4 b)

Long-term Borrowings

($1.3 b)($2.6 b)($672.7 m)

Cash From Financing Activities

($320.2 m)($85.8 m)$1.4 b

Free Cash Flow

$1.1 b$1.2 b$1.7 b
Y, 2016


10.6 x


6.4 x


$609.3 k


11.9 x


0.6 x

Financial Leverage

19.4 x

Rite Aid Market Value History

Rite Aid Median Salaries

Source: 642 public H-1B filings from Rite Aid

Rite Aid Online Presence

Rite Aid Company Life

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