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AmerisourceBergen (Cencora Inc.) (NYSE: COR)

Medical Distribution ยท Conshohocken, PA, United States ยท Founded 2001

$45.0B
Market Cap
$321.33B
Revenue
46,000
Employees
$1.55B
Net Income
๐Ÿ“Š Key Statistics for AmerisourceBergen (Cencora Inc.) (COR)
  • Market capitalization: $45.0 billion
  • Annual revenue: $321.33 billion
  • Net income: $1.55 billion
  • Employees: 46,000
  • Sector: Healthcare
  • Headquarters: Conshohocken, United States
  • Founded: 2001

Source: Statvoo company profile for AmerisourceBergen (Cencora Inc.). Browse all 500+ companies

๐Ÿ“‹ About AmerisourceBergen (Cencora Inc.)

Cencora, formerly AmerisourceBergen, is one of the three largest pharmaceutical distributors in the United States, alongside McKesson and Cardinal Health. The company rebranded to Cencora in 2023 to reflect its expanding global footprint and services beyond traditional drug distribution. Cencora provides pharmaceutical distribution, specialty drug services, and global commercialization solutions to manufacturers, pharmacies, and healthcare providers.

๐Ÿ’ฐ How AmerisourceBergen (Cencora Inc.) Makes Money

Cencora earns revenue from pharmaceutical distribution margins, specialty pharmacy services, and global manufacturer services that help drug companies commercialize and distribute their products. The specialty drug segment, which handles high-cost biologics and oncology drugs, carries higher margins than generic distribution.

๐Ÿ“œ Key Milestones

AmerisourceBergen was formed in 2001 through the merger of AmeriSource Health and Bergen Brunswig. The company rebranded to Cencora in 2023. The acquisition of Alliance Healthcare in 2021 for $6.5 billion significantly expanded Cencora's international presence, particularly in Europe. Like its peers, Cencora has faced opioid litigation, agreeing to a $6.4 billion settlement.

๐Ÿ“Š Financial Overview
Market Capitalization$45.0B
Annual Revenue$321.33B
Net Income$1.55B
Profit Margin0%
Revenue per Employee$6985435K
Stock ExchangeNYSE
Ticker SymbolCOR

Financial data is approximate and based on most recent annual filings.

๐Ÿ’ก Did You Know?

Cencora's specialty distribution business handles some of the most expensive drugs in the world, including gene therapies costing over $1 million per treatment. The company distributes pharmaceuticals to over 150 countries through its global network.

๐Ÿ“ Analyst Take

Cencora's specialty drug focus gives it the best margin profile among the Big Three distributors. The international expansion through Alliance Healthcare is a differentiator, and the growing complexity of specialty drug distribution plays directly to the company's strengths.

โ“ Frequently Asked Questions

What is AmerisourceBergen (Cencora Inc.)'s revenue?

AmerisourceBergen (Cencora Inc.) generates approximately $321.33 billion in annual revenue.

How many employees does AmerisourceBergen (Cencora Inc.) have?

AmerisourceBergen (Cencora Inc.) employs approximately 46,000 people worldwide.

What is AmerisourceBergen (Cencora Inc.)'s market cap?

AmerisourceBergen (Cencora Inc.) (COR) has a market capitalization of approximately $45.0 billion on the NYSE.

When was AmerisourceBergen (Cencora Inc.) founded?

AmerisourceBergen (Cencora Inc.) was founded in 2001 and is headquartered in Conshohocken, PA, United States.

Who is the CEO of AmerisourceBergen (Cencora Inc.)?

Robert Mauch is the current CEO of AmerisourceBergen (Cencora Inc.).

What is AmerisourceBergen (Cencora Inc.)'s website?

AmerisourceBergen (Cencora Inc.)'s official website is cencora.com.