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Retail-Drug Stores and Proprietary Stores: capital spending and supply chain

SIC 5912 · 2 companies with filed cash-flow statements

Capital spending, 12 months$3.1B
Operating cash flow$18.7B
Capex / cash flow17%
Capex / revenue0.7%
Top 3 share100%

Analysis

2 companies in Retail-Drug Stores and Proprietary Stores (SIC 5912) spent $3.1B on capital projects over their latest twelve months, 17% of the $18.7B their operations generated.

Capital spending is 0.7% of the industry's $422.2B of annual revenue.

By the industry's asset mix most of it goes to equipment (37%); about $650M is imported.

The largest supplier of that spending is office and commercial structures ($626M).

Its largest supplying industries, by the input-output tables: other real estate ($64.2B), electric power generation, transmission, and distribution ($6.9B), imports ($4.5B).

Charts

Retail-Drug Stores and Proprietary Stores: capital spending by company, latest twelve monthsRetail-Drug Stores and Proprietary Stores: capital spending by company, latest twelve monthsCVS$3.1BPETS$4.0M
Filed cash-flow statements (SEC XBRL).
Retail-Drug Stores and Proprietary Stores: what the capital spending buys (US part)Retail-Drug Stores and Proprietary Stores: what the capital spending buys (US part)Structures$811MEquipment$926MSoftware$599MOther$159M
Capital spending × the industry’s asset mix (BEA fixed assets): grade C, an industry average applied to filed figures.
Retail-Drug Stores and Proprietary Stores: the industries that build and sell what it buysRetail-Drug Stores and Proprietary Stores: the industries that build and sell what it buysOffice and commercial structures$626MSoftware publishers$367MOffice furniture and custom archi…$188MManufacturing structures$139MComputer systems design services$124MOther commercial and service indu…$93.7MLight truck and utility vehicle m…$85.4MCustom computer programming servi…$78.4MAll other miscellaneous manufactu…$67.6MOther general purpose machinery m…$56.7M
BEA fixed assets: investment by asset type → supplying industry. Estimates (grade C).
Retail-Drug Stores and Proprietary Stores: its first-tier supplying industriesRetail-Drug Stores and Proprietary Stores: its first-tier supplying industriesOther real estate$64.2BElectric power generation, transm…$6.9BImports$4.5BEmployment services$4.2BNondepository credit intermediati…$4.1BAdvertising, public relations, an…$3.0BInternet publishing and broadcast…$2.9BAccounting, tax preparation, book…$2.8BManagement consulting services$2.7BInsurance agencies, brokerages, a…$2.5B
Purchased inputs × the industry’s input mix (BEA Use table), US part: grade C.
Retail-Drug Stores and Proprietary Stores: where the industry's cash came from (+) and went (−)Retail-Drug Stores and Proprietary Stores: where the industry's cash came from (+) and went (−)Operating cash flow$18.8BNet debt repaid−$5.3BOther investing (out)−$4.4BDividends−$3.4BCapital spending−$3.1BCash added to the balance she…−$2.7BShares issued$455MTaxes paid on employees' shar…−$188MOther financing (out)−$90.7MCash drawn from the balance s…$28.0MOperating cash outflow−$23.8MAcquisitions−$22.0MPaid to partners−$536K
The companies’ cash-flow statements, latest four quarters or fiscal year: every figure filed (grade A).

Capital spending by company

CompanyCapital spendingOperating cash flowCapex / OCFPeriod
CVS CVS Health$3.1B$18.7B17%TTM to Q3 2026
PETS Petmed Express$4.0M−$23.8M—TTM to Q1 FY27

Customers and suppliers named in annual reports

SupplierCustomerShare of supplier revenueEvidenceSource
CVSU.S. government25%Stated in 10-K (XBRL)filing
MCKCVS24%Stated in 10-K (sentence)filing
CAHCVS30%Stated in 10-K (sentence)filing
GRDNMedicare & Medicaid71%Stated in 10-K (sentence)filing
HRMYCVS38%Stated in 10-K (sentence)filing
CVSCAH—Stated in 10-K (named, share not stated)filing
AMRXCVS—Stated in 10-K (named, share not stated)filing

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Evidence grades: A filed figure · B computed from filed figures · C industry average (BEA input-output and fixed-asset tables) applied to filed figures. Estimates are not the companies’ own records. Not investment advice.