Covetrus, Inc.

Covetrus, Inc.

CVET
Covetrus, Inc.US flagNASDAQ Global Select
20.99
USD
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- -
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Benjamin Wolin
Full Time Employees
4,035
Sector
Healthcare
Industry
Medical - Distribution
Address
7 Custom House St Portland ME United States of America 04101
IPO Date
Feb 4, 2019
Business
Covetrus, Inc. (NASDAQ: CVET) operates as a global leader in animal-health technology and services, providing comprehensive solutions to veterinary practices in the companion animal, equine, and large-animal markets. The company offers practice management software, data-driven applications, client communication tools, prescription management platforms including online ordering, fulfillment, delivery, and compounding services for personalized medications; supply chain distribution of pharmaceuticals, vaccines, surgical products, diagnostic tests, nutritional supplements, equipment, and finished goods pharmacy products; payment processing, workflow automation, hardware support, credit card services, shipping, manufacturer incentives, and data integration. Covetrus serves over 100,000 veterinary practices worldwide, primarily in North America, Europe, and Asia-Pacific, with target customers including independent clinics, animal-health providers, and pet owners through multi-channel engagement. Founded in 2018 through the merger of Henry Schein's animal health spin-off and Vets First Choice, headquartered in Portland, Maine, the company went public on Nasdaq under CVET in 2019 before being taken private in October 2022 by affiliates of Clayton, Dubilier & Rice (CD&R) and TPG Capital in a $4 billion enterprise value transaction. Recent developments include the September 2025 announcement that its VetSuite platform drove over $30 million in savings for U.S. independent practices; the launch of vRxPro, a next-generation online prescription management solution; the opening of a new state-of-the-art distribution center in Grimes, Iowa; and an expanded pharmaceutical compounding facility in the Phoenix, Arizona area to meet growing demand.

Company News

APIChat
  • Cencora's animal health unit to merge with Covetrus in $3.5 billion deal

  • Covetrus and MWI Animal Health to Merge

  • Covetrus Announces Agreement for Chewy to Acquire SmartEquine

  • Cresilon Announces International Distribution Agreement for VETIGEL with Covetrus

  • CD&R, TPG Take Covetrus Private In $4B Deal

  • Covetrus going private in $4 billion deal

  • Covetrus to Be Taken Private for $4 Billion

  • Covetrus Gets Private-Equity Buyout Offer at $21 a Share

  • Covetrus (CVET) Q1 Earnings Surpass Estimates

  • Covetrus Announces First Quarter 2022 Earnings Release Date and Conference Call Information

  • Covetrus, Inc. (CVET) CEO Ben Wolin on Q4 2021 Results - Earnings Call Transcript

  • Covetrus (CVET) Q4 Earnings Surpass Estimates

  • Covetrus Announces Financial Results for Fourth Quarter and Full-Year of 2021

  • Covetrus (CVET) Matches Q3 Earnings Estimates

  • Covetrus: Q3 Earnings Insights

  • Covetrus Announces Third Quarter 2021 Earnings Release Date and Conference Call Information

  • Covetrus Announces Third Quarter 2021 Earnings Release Date and Conference Call Information

  • Covetrus, Inc. (CVET) CEO Ben Wolin on Q2 2021 Results - Earnings Call Transcript

  • Covetrus (CVET) Reports Q2 Loss, Tops Revenue Estimates

  • Covetrus Announces Second Quarter 2021 Earnings Release Date and Conference Call Information