McKesson Corporation provides pharmaceuticals and medical supplies in the United States and internationally. The company operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions. The McKesson Distribution Solutions segment distributes branded and generic pharmaceutical drugs, and other healthcare-related products; and provides practice management, technology, clinical support, and business solutions to community-based oncology and other specialty practices. This segment also provides specialty pharmaceutical solutions for pharmaceutical manufacturers; and medical-surgical supply distribution, logistics, and other services to healthcare providers. In addition, this segment operates retail pharmacy chains in Europe and Canada, as well as supports independent pharmacy networks in North America and Europe; and supplies integrated pharmacy management systems, automated dispensing systems, and related services to retail, outpatient, central fill, specialty, and mail order pharmacies. This segment serves retail national accounts, including national and regional chains, food/drug combinations, mail order pharmacies, and mass merchandisers; and institutional healthcare providers, such as hospitals, health systems, integrated delivery networks, and long-term care providers, as well as offers its services to pharmaceutical manufacturers. The McKesson Technology Solutions segment provides clinical, financial, and supply chain management solutions to healthcare organizations. McKesson Corporation was founded in 1833 and is headquartered in San Francisco, California.
Industry, Sector and Symbol
Industry Drugs, proprietaries, & sundries
Sub-IndustryHealth Care Distributors
SectorMedical
SymbolNYSE:MCK
CUSIP58155Q10
Phone415-983-8300
Debt
Debt-to-Equity Ratio0.67
Current Ratio1.01
Quick Ratio0.57
Price-To-Earnings
Trailing P/E Ratio11.78
Forward P/E Ratio11.19
P/E Growth1.38
Sales & Book Value
Annual Sales$208.36 billion
Price / Sales0.14
Cash Flow$28.4580 per share
Price / Cash5.24
Book Value$48.74 per share
Price / Book3.06
Profitability
EPS (Most Recent Fiscal Year)$12.62
Net Income$67 million
Net Margins0.03%
Return on Equity23.55%
Return on Assets4.23%
Miscellaneous
Employees78,000
Outstanding Shares201,780,000
McKesson (NYSE:MCK) Frequently Asked Questions
What is McKesson's stock symbol?
McKesson trades on the New York Stock Exchange (NYSE) under the ticker symbol "MCK."
How often does McKesson pay dividends? What is the dividend yield for McKesson?
McKesson announced a quarterly dividend on Thursday, April 26th. Investors of record on Friday, June 1st will be given a dividend of $0.34 per share on Monday, July 2nd. This represents a $1.36 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend is Thursday, May 31st. View McKesson's Dividend History.
How will McKesson's stock buyback program work?
McKesson declared that its board has authorized a share repurchase plan on Thursday, October 27th 2016, which authorizes the company to buyback $4,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 114% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's leadership believes its shares are undervalued.
How were McKesson's earnings last quarter?
McKesson Co. (NYSE:MCK) released its quarterly earnings results on Thursday, May, 24th. The company reported $3.49 earnings per share for the quarter, missing the Zacks' consensus estimate of $3.56 by $0.07. The firm earned $51.63 billion during the quarter, compared to analysts' expectations of $51.36 billion. McKesson had a return on equity of 23.55% and a net margin of 0.03%. The firm's quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.41 earnings per share. View McKesson's Earnings History.
When is McKesson's next earnings date?
What guidance has McKesson issued on next quarter's earnings?
McKesson updated its FY19 earnings guidance on Thursday, May, 24th. The company provided EPS guidance of $13.00-13.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $13.38.
What price target have analysts set for MCK?
14 Wall Street analysts have issued 12 month target prices for McKesson's stock. Their forecasts range from $130.00 to $205.00. On average, they anticipate McKesson's stock price to reach $174.4286 in the next twelve months. View Analyst Ratings for McKesson.
Who are some of McKesson's key competitors?
Who are McKesson's key executives?
McKesson's management team includes the folowing people:
- Mr. John H. Hammergren, Chairman, CEO & Pres (Age 59)
- Mr. Jorge L. Figueredo, Exec. VP of HR (Age 57)
- Mr. Paul C. Julian, Exec. VP (Age 63)
- Britt J. Vitalone, CFO & Exec. VP
- Ms. Kathleen D. McElligott, Chief Technology Officer, Chief Information Officer and Exec. VP (Age 62)
Has McKesson been receiving favorable news coverage?
Media headlines about MCK stock have trended somewhat positive on Friday, Accern reports. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. McKesson earned a media sentiment score of 0.07 on Accern's scale. They also gave news coverage about the company an impact score of 47.03 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are McKesson's major shareholders?
McKesson's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.60%), Massachusetts Financial Services Co. MA (3.37%), Boston Partners (1.96%), Pzena Investment Management LLC (1.28%), Northern Trust Corp (1.20%) and Kiltearn Partners LLP (0.93%). Company insiders that own McKesson stock include Erin M Lampert, James A Beer, John H Hammergren, Lori A Schechter, M Christine Jacobs, Marie L/Ca Knowles, Susan R Salka and Wayne A Budd. View Institutional Ownership Trends for McKesson.
Which institutional investors are selling McKesson stock?
MCK stock was sold by a variety of institutional investors in the last quarter, including Sentry Investments Corp., BlackRock Inc., Taylor Asset Management Inc., Legal & General Group Plc, OMERS ADMINISTRATION Corp, Swiss National Bank, River & Mercantile Asset Management LLP and Prudential Financial Inc.. Company insiders that have sold McKesson company stock in the last year include Erin M Lampert, John H Hammergren, M Christine Jacobs and Marie L/Ca Knowles. View Insider Buying and Selling for McKesson.
Which institutional investors are buying McKesson stock?
MCK stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Swedbank, Natixis, Robeco Institutional Asset Management B.V., Wells Fargo & Company MN, Amundi Pioneer Asset Management Inc., Old Mutual Global Investors UK Ltd. and Kiltearn Partners LLP. Company insiders that have bought McKesson stock in the last two years include Lori A Schechter and Susan R Salka. View Insider Buying and Selling for McKesson.
How do I buy shares of McKesson?
Shares of MCK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is McKesson's stock price today?
One share of MCK stock can currently be purchased for approximately $149.08.
How big of a company is McKesson?
McKesson has a market capitalization of $29.76 billion and generates $208.36 billion in revenue each year. The company earns $67 million in net income (profit) each year or $12.62 on an earnings per share basis. McKesson employs 78,000 workers across the globe.
How can I contact McKesson?
McKesson's mailing address is ONE POST ST, SAN FRANCISCO CA, 94104. The company can be reached via phone at 415-983-8300 or via email at [email protected]
MarketBeat Community Rating for McKesson (MCK)
MarketBeat's community ratings are surveys of what our community members think about McKesson and other stocks. Vote "Outperform" if you believe MCK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MCK will underperform the S&P 500 over the long term. You may vote once every thirty days.
