McKesson Corporation

MCK
Sector

Healthcare

Industry

Medical Distribution

Market Cap

$72.48B

Employees

51K

Company Overview

McKesson Corporation is a diversified healthcare services leader that partners with biopharma companies, care providers, pharmacies, manufacturers, and governments to deliver insights, products, and services to make quality care more accessible and affordable. The company operates in four segments: U.S. Pharmaceutical, Prescription Technology Solutions, Medical-Surgical Solutions, and International. McKesson's key markets include the U.S., Canada, and Europe, with a focus on supply chain excellence and innovative solutions.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Revenues increased to $80.9 billion, a 15% increase compared to $70.5 billion in the prior year quarter, primarily driven by market growth within the U.S. Pharmaceutical segment, including higher volumes from retail national account customers and growth in specialty pharmaceuticals.

Gross profit margin decreased to 3.90%, a 60 bps decline compared to 4.50% in the prior year quarter, driven by the divestiture of the E.U. disposal group within the International segment, partially offset by growth of specialty pharmaceuticals and increased contributions from generics programs.

Net income attributable to McKesson Corporation decreased to $589 million, a 45% decrease compared to $1.1 billion in the prior year quarter, primarily due to lower gross profit margin and higher operating expenses.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

3 Insights

Market Environment

3 Insights