McKesson Corporation (MCK)

Sector: Healthcare|Industry: Medical Distribution|Market Cap: $72.48B|Employees: 51K


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.

  1. Filings

Filing Highlights

Financial Performance

Revenues increased to $93.651 billion for the three months ended September 30, 2024, up from $77.215 billion for the same period in 2023, representing a 21% increase. For the six months ended September 30, 2024, revenues were $172.934 billion, compared to $151.698 billion in 2023, a 14% increase.

Gross profit margin decreased from 3.97% to 3.47% for the three months ended September 30, 2024, and from 4.02% to 3.70% for the six months ended September 30, 2024. This indicates a decrease in profitability relative to revenue.

Net income attributable to McKesson Corporation decreased from $664 million to $241 million for the three months ended September 30, 2024, and from $1.622 billion to $1.156 billion for the six months ended September 30, 2024, representing a significant decrease in profitability.

Growth & Strategy

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG initiatives

Market Environment