McKesson Corporation (NYSE: MCK)
Medical Distribution · Irving, TX, United States · Founded 1833
- Market capitalization: $70.0 billion
- Annual revenue: $112.08 billion
- Net income: $3.29 billion
- Employees: 51,000
- Sector: Healthcare
- Headquarters: Irving, United States
- Founded: 1833
Source: Statvoo company profile for McKesson Corporation. Browse all 500+ companies
McKesson Corporation is the largest pharmaceutical distributor in the United States and one of the largest companies in America by revenue. The company distributes roughly one-third of all pharmaceuticals used in the US, serving pharmacies, hospitals, and healthcare providers. McKesson also provides health information technology, medical supplies, and care management tools. The company is a critical link in the pharmaceutical supply chain.
McKesson earns revenue from pharmaceutical distribution (buying drugs from manufacturers and selling to pharmacies and hospitals with a small markup), technology solutions, and medical-surgical supply distribution. The distribution business operates on thin margins but enormous volume.
John McKesson and Charles Olcott founded the company in 1833 in New York as an importer of botanical drugs. McKesson has been at the center of the opioid crisis litigation, agreeing to pay $7.9 billion as part of a $21 billion settlement with state and local governments in 2022. The company has divested non-core businesses to focus on pharmaceutical distribution and oncology.
| Market Capitalization | $70.0B |
| Annual Revenue | $112.08B |
| Net Income | $3.29B |
| Profit Margin | 3% |
| Revenue per Employee | $2197647K |
| Stock Exchange | NYSE |
| Ticker Symbol | MCK |
Financial data is approximate and based on most recent annual filings.
McKesson distributes enough pharmaceuticals to fill a prescription for every American roughly 10 times per year. The company's revenue exceeds $275 billion annually, making it one of the top 10 largest companies in America by revenue despite relatively low public profile.
McKesson is an essential but unglamorous infrastructure play on US healthcare spending. The opioid settlement overhang is clearing, and the company's oncology and biopharma services businesses provide higher-margin growth vectors beyond commodity drug distribution.
What is McKesson Corporation's revenue?
McKesson Corporation generates approximately $112.08 billion in annual revenue.
How many employees does McKesson Corporation have?
McKesson Corporation employs approximately 51,000 people worldwide.
What is McKesson Corporation's market cap?
McKesson Corporation (MCK) has a market capitalization of approximately $70.0 billion on the NYSE.
When was McKesson Corporation founded?
McKesson Corporation was founded in 1833 and is headquartered in Irving, TX, United States.
Who is the CEO of McKesson Corporation?
Brian Tyler is the current CEO of McKesson Corporation.
What is McKesson Corporation's website?
McKesson Corporation's official website is mckesson.com.
| CEO | Brian Tyler |
| Sector | Healthcare |
| Industry | Medical Distribution |
| Founded | 1833 |
| HQ | Irving, TX |
| Country | United States |
| Website | mckesson.com |
See traffic, security, and technical data for McKesson Corporation's website:
📊 mckesson.com stats 📋 WHOIS 🌐 DNS 🔒 SSL