Private company
COVETRUS, INC.
Last updated Oct 16, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
18.8%Gross margin3
-0.5%Operating margin3
-1.2%Net margin3
5.4%Revenue growth, 20213
-3.6%Return on equity3
0.67×Debt to equity3
$42.0MFree cash flow3
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Cost of revenue80¢$3.7B
- Selling, general and admin19¢$881.0M
- Interest1¢$32.0M
Out of $4.6B in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2021
- Capital spending59¢$60.0M
- Kept or used elsewhere41¢$42.0M
Out of $102.0M of cash from operations.3
Financial statements
No quarterly figures reported.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|
| Revenue | $3.6B4 | $3.8B5 | $4.0B3 | $4.3B3 | $4.6B3 | |
| Cost of revenue | $2.9B4 | $3.1B5 | $3.2B3 | $3.5B3 | $3.7B3 | |
| Gross profit | $652.0M4 | $684.0M5 | $749.0M3 | $798.0M3 | $858.0M3 | |
| Selling, general and admin | $517.0M4 | $547.0M5 | $808.0M3 | $867.0M3 | $881.0M3 | |
| Operating income | $135.0M4 | $137.0M5 | -$997.0M3 | -$69.0M3 | -$23.0M3 | |
| Interest | $2.0M4 | $3.0M5 | $54.0M3 | $46.0M3 | $32.0M3 | |
| Income tax | $48.0M4 | $37.0M5 | -$46.0M3 | -$7.0M3 | $03 | |
| Net income | $64.0M4 | $101.0M5 | -$980.0M3 | -$19.0M3 | -$54.0M3 | |
| Earnings per share | $0.904 | $1.415 | -$9.143 | -$0.223 | -$0.393 | |
| Earnings per share (diluted) | $0.894 | $1.405 | -$9.143 | -$0.223 | -$0.393 |
No quarterly figures reported.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|
| Cash | $19.0M4 | $16.0M5 | $23.0M4 | $130.0M5 | $290.0M3 | $183.0M3 |
| Current assets | $1.1B4 | $1.3B5 | $1.4B3 | $1.4B3 | ||
| Total assets | $2.2B4 | $2.2B5 | $3.4B5 | $3.5B3 | $3.4B3 | |
| Current liabilities | $572.0M4 | $829.0M5 | $691.0M3 | $698.0M3 | ||
| Long-term debt | $1.1B5 | $1.1B3 | $1.0B3 | |||
| Total liabilities | $647.0M4 | $2.1B5 | $1.9B3 | $1.9B3 | ||
| Shareholders’ equity | $1.1B4 | $1.2B5 | $1.5B3 | $1.3B3 | $1.5B3 | $1.5B3 |
| Shares outstanding | 111.6M shares5 | 136.0M shares3 | 138.0M shares3 |
Former names
- HS Spinco, Inc.Sep 14, 2018 to Feb 4, 20192
Recent filings
- Oct 13, 20224
- Oct 13, 20224
- Oct 13, 20224
- Oct 13, 20224
- Oct 13, 20224
- Oct 13, 20224
- Oct 13, 20224
- Oct 13, 20224
- Oct 13, 20224
- Oct 13, 20224
- Oct 13, 20224
- Oct 13, 20224
- Oct 13, 20224
- Oct 13, 20224
- Oct 13, 20224
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARCOVETRUS, INC. filings on SEC EDGAR
- 2SEC EDGARCOVETRUS, INC. filings on SEC EDGAR
- 3SEC EDGARCOVETRUS, INC. 10-K for fiscal 2021
- 4SEC EDGARCOVETRUS, INC. 10-K for fiscal 2017
- 5SEC EDGARCOVETRUS, INC. 10-K for fiscal 2018