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 by 6% year-over-year, primarily driven by a 7% increase in the U.S. Pharmaceutical segment due to growth in specialty pharmaceuticals and higher volumes from retail national account customers. Total revenues reached $79.283 billion.

Gross profit margin decreased slightly from 4.06% to 3.98% year-over-year, despite a 4% increase in gross profit to $3.152 billion. This decrease is primarily due to changes in product mix and pricing dynamics.

Net income attributable to McKesson Corporation decreased by 4% year-over-year, from $958 million to $915 million. This decrease is primarily due to a rise in operating expenses and a decrease in other income.

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