This is a big list of applications of the class number formula and its generalizations. I'll start:

1. The solution to Gauss's class number problem for imaginary quadratic fields.
2. The comparison of the class number of a field with the class numbers of its subfields
3. The application of the Beilinson-Bloch conjecture to the arithmetic Bogolomov-Miyoaka-Yau inequality. See here.
4. The explicit construction of class fields of totally real fields via Stark's conjectures.

What else?