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April 22, 2024


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About the Company

McKesson Corporation is an American company distributing pharmaceuticals and providing health information technology, medical supplies, and care management tools. The company delivers a third of all pharmaceuticals used in North America and employs over 78,000 employees. McKesson had revenues of $238.2 billion in its fiscal year ending March 31, 2021. McKesson is based in Irving, Texas, and distributes health care systems, medical supplies and pharmaceutical products. Additionally, McKesson provides extensive network infrastructure for the health care industry; also, it was an early adopter of technologies like bar-code scanning for distribution, pharmacy robotics, and RFID tags. The company has been named in a federal lawsuit for profiting from the opioid epidemic in the United States. Throughout the COVID-19 pandemic, McKesson was a key vaccine distributor, serving as the U.S. government's centralized distributor for hundreds of millions of COVID-19 vaccine doses and ancillary supply kits for over 1 billion doses across the United States. As of 2023, McKesson was ranked #9 on the Fortune 500 rankings of the largest United States corporations. As of 2023, they had revenues of $276 billion.

Exchange

NYSE

$52B

Total Revenue

80K

Employees

$71B

Market Capitalization

23.26

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $MCK News

McKesson Corporation Declares Quarterly Dividend

10h ago, source:

The Board of Directors of McKesson Corporation (NYSE:MCK) yesterday declared a regular dividend of 62 cents per share of ...

Barclays Reaffirms Their Buy Rating on McKesson (MCK)

13h ago, source:

Barclays analyst Stephanie Davis maintained a Buy rating on McKesson (MCK – Research Report) today and set a price target of $571.00. The ...

Dan Rodricks: BLM activist DeRay Mckesson still hounded by ‘wild’ lawsuit | STAFF COMMENTARY

1d ago, source:

Minus direct action or fighting words, how can an organizer of a protest be responsible for the irresponsible actions of ...

Car­di­nal Health los­es Op­tum­Rx con­tract to McKesson

2d ago, source: ENDPOINTS NEWS

Cardinal Health’s distribution contract with pharmacy benefit manager OptumRx will expire at the end of June and it will not ...

How Cabinet Health Is Pioneering Sustainable Healthcare, One Plastic-Free Pill Bottle At A Time

7d ago, source:

Cabinet Health is on a mission to reduce single-use plastic from healthcare and they have found like-minded partners in major ...

The Top 3 Healthcare Stocks to Buy in April 2024

2d ago, source:

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Healthcare stocks, especially industry leaders that offer a ...

About That Claim US Supreme Court 'Effectively Abolished' the Right To Protest in 3 States

on MSN ago, source:

Mckesson argued that the officer's lawsuit violated his First Amendment rights, since he didn't explicitly encourage violence ...

McKesson (NYSE: MCK)

8d ago, source: The Motley Fool

McKesson Corp. engages in the provision of supply chain management solutions, retail pharmacy, community oncology and specialty care, and healthcare information technology. It operates through the ...

Cardinal Health, OptumRx break up

2d ago, source: Becker's Hospital Review

Cardinal Health's pharmaceutical distribution contracts with OptumRx, a subsidiary of UnitedHealth Group, will not be renewed, the medical distributor said April 22.

McKesson celebrates move in Longmont

5d ago, source: Longmont Leader

McKesson/CoverMyMeds designs and delivers complete systems that automate the refilling process for pharmacies. On Thursday, ...

McKesson/CoverMyMeds consolidates in Longmont

5d ago, source: BizWest

McKesson/CoverMyMeds, whose systems automate pharmacies’ prescription-refilling processes, has consolidated its operations into one 76,000-square-foot building in Longmont.

North Texas Healthcare Compensation: Who’s On Top?

6d ago, source: D Magazine

North Texas is home to some of the largest healthcare organizations in the country, accompanying explosive population growth.

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