Submitted by ak47workaccnt t3_zkvgt7 in massachusetts
Jesusish t1_j0azjqu wrote
Reply to comment by Unique-Public-8594 in Mass. due $230 million in opioid settlement with CVS, Walgreens by ak47workaccnt
That's not even close to the actual profit though. Gross profit is basically just revenue minus the cost of goods sold. It doesn't account for any fix costs. Their actual profit is $7.91 Billion (from OP's source). That's from $291 Billion in revenue, putting their profit margin at under 3%.
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