Who Generates More Revenue? Walgreens Boots Alliance, Inc. or Alkermes plc

Revenue Showdown: Walgreens Boots Alliance vs. Alkermes

In the competitive landscape of the pharmaceutical and healthcare industry, revenue generation is a key indicator of success. Over the past decade, Walgreens Boots Alliance, Inc. has consistently outperformed Alkermes plc in terms of revenue. From 2014 to 2023, Walgreens' revenue surged by approximately 82%, peaking at an impressive $139 billion in 2023. In contrast, Alkermes saw a more modest growth of around 169%, reaching $1.66 billion in the same year.

While Alkermes has shown significant growth in percentage terms, Walgreens' sheer scale and market presence have kept it ahead in absolute revenue figures. The data for 2024 is incomplete, but Walgreens is projected to continue its upward trajectory. This comparison highlights the diverse strategies and market positions of these two industry players, offering insights into their financial health and future potential.