Mckesson Corporation (MCK) |
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Price: $529.7100
$-3.93
-0.736%
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Day's High:
| $536.68
| Week Perf:
| -0.29 %
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Day's Low: |
$ 528.56 |
30 Day Perf: |
4.75 % |
Volume (M): |
570 |
52 Wk High: |
$ 537.26 |
Volume (M$): |
$ 301,723 |
52 Wk Avg: |
$435.16 |
Open: |
$532.44 |
52 Wk Low: |
$334.79 |
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Market Capitalization (Millions $) |
70,610 |
Shares
Outstanding (Millions) |
133 |
Employees |
75,000 |
Revenues (TTM) (Millions $) |
301,506 |
Net Income (TTM) (Millions $) |
3,156 |
Cash Flow (TTM) (Millions $) |
-795 |
Capital Exp. (TTM) (Millions $) |
600 |
Mckesson Corporation
McKesson Corporation, is a Fortune 16 corporation providing supply, information
and care management products and services designed to reduce costs and improve
quality across the healthcare industry.
We conduct our business through three segments. Through our Pharmaceutical
Solutions segment, we are a leading distributor of ethical and proprietary drugs,
and health and beauty care products throughout North America. This segment also
manufactures and sells automated pharmaceutical dispensing systems for hospitals
and retail pharmacies, medical management and specialty pharmaceutical solutions
for biotech and pharmaceutical manufacturers, patient and payor services, consulting
and outsourcing services to pharmacies and distribution of first-aid products
in the United States. Our Medical-Surgical Solutions segment distributes medical-surgical
supplies and equipment, and provides logistics and related services within the
United States. Our Information Solutions segment delivers enterprise-wide patient
care, clinical, financial, supply chain, managed care and strategic management
software solutions, as well as outsourcing and other services, to healthcare
organizations throughout North America, the United Kingdom and other European
countries. The Company's strategy is to create strong, value-based relationships
with customers, enabling us to sell additional products and services to these
customers over time.
The U.S. Pharmaceutical Distribution business operates and serves over 30,000
locations through a network of 28 distribution centers, as well as a master
distribution center and a repackaging facility, serving all 50 states. We invest
in technology and other systems at all of our distribution centers to enhance
safety, reliability and the best product availability for our customers. For
example, in all of our distribution centers we use Acumax' Plus, a Smithsonian
award-winning technology, which integrates and tracks all internal functions,
such as receiving, put-away and order fulfillment. Acumax' Plus uses bar code
technology, wrist-mounted computer hardware, and radio frequency signals to
provide our customers with industry leading order quality and fulfillment at
up to 99.9% accuracy. Closed Loop DistributionSM, which integrates portable
Palm technology with Acumax' Plus to give customers complete ordering and inventory
control, and Supply Management OnlineSM, an Internet-based ordering, purchasing,
third-party reconciliation and account management system, help ensure that our
customers have the right products at the right time for their facilities and
patients.
Competition
In every area of healthcare distribution operations, our Pharmaceutical Solutions
and Medical-Surgical Solutions segments face strong competition, both in price
and service, from national, regional and local full-line, short-line and specialty
wholesalers, service merchandisers, self-warehousing chains, and manufacturers
engaged in direct distribution. In addition, these segments face competition
from various other service providers and from pharmaceutical and other healthcare
manufacturers (as well as other potential customers of the segments) which may
from time to time decide to develop, for their own internal needs, supply management
capabilities which are provided by the segments and other competing service
providers. Price, quality of service, and, in some cases, convenience to the
customer are generally the principal competitive elements in these segments.
Our Information Solutions segment experiences substantial competition from
many firms, including other computer services firms, consulting firms, shared
service vendors, certain hospitals and hospital groups, hardware vendors and
Internet-based companies with technology applicable to the healthcare industry.
Competition varies in size from small to large companies, in geographical coverage,
and in scope and breadth of products and services offered.
Company Address: 6555 State Hwy 161 Irving 75039 TX
Company Phone Number: 446-4800 Stock Exchange / Ticker: NYSE MCK
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Next quarterly dividend pay out on April 01, 2024. |
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Customers Net Income fell by |
MCK's Customers Net Profit Margin fell to |
-1.34 % |
2.96 %
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Stock Performances by Major Competitors |
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Mckesson Corporation
McKesson Corporation, a leading healthcare services company, has experienced a significant increase in its stock performance in recent months. Over the past three months, the company's stock has improved by 15.42%. However, during the month of February, the stock dropped by 2.94%. Despite this dip, McKesson Corporation's stock has reached its 52-week high. One of the factors contributing to the fluctuation in McKesson Corporation's stock price is its financial performance. In the third quarter of the 2024 earnings season, the company experienced a decline in earnings per share (EPS) while revenue increased. EPS plummeted by -42.3% to $4.42 per share, while revenue showed an admirable increase of 14.765% to $80.90 billion compared to the same reporting season the previous year.
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Dividend
Published Thu, Feb 1 2024 1:00 PM UTC
In a recent press release, the McKesson Corporation, a prominent healthcare services leader, announced the declaration of a regular dividend of 62 cents per share of common stock. The dividend is scheduled to be payable on April 1, 2024, to stockholders of record on March 1, 2024. This development comes as McKesson Corporation continues to showcase remarkable growt...
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Merger and Acquisition
Published Tue, Jan 9 2024 1:00 PM UTC
McKesson Corporation is scheduled to present at the 42nd Annual J.P. Morgan Healthcare Conference today, where the executive leadership will provide an overview of the company followed by a fireside chat. This event will take place at the Westin St. Francis Hotel in San Francisco at 9:45 AM PT (12:45 PM ET). Those interested can tune into the audio webcast live at McKesson's...
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Mckesson Corporation
Financial News Report: McKesson Corporation Reports Contractions in EPS Despite Revenue Increase in Fiscal Q2 2024 McKesson Corporation, a Pharmacy Services & Retail Drugstore company, experienced a contraction in earnings per share (EPS) in the fiscal second quarter of 2024, despite an elevation in revenue. Income fell by -23.36% to $4.92 per share, while revenue increased significantly by 10.06% to $77.22 billion, compared to the same reporting period a year ago. In terms of revenue, McKesson Corporation has surpassed its sector contemporaries, as the remainder of the Pharmacy Services & Retail Drugstore sector reported a top-line elevation of only 9.43% in the same period. In comparison to the preceding reporting period, income dropped by -29.91% from $7.02 per share, while revenue grew by 3.668% from $74.48 billion.
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Dividend
Published Thu, Oct 26 2023 12:00 PM UTC
Outline:
- McKesson Corporation declares a regular dividend of 62 cents per share of common stock. - Payable on January 2, 2024, to stockholders of record on December 1, 2023. - Overview of McKesson Corporation as a diversified healthcare services leader. Increasing Earnings and Dividend Pay-out: - McKesson Corporation showcases rising earnings ...
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Per Share |
Current |
Earnings (TTM) |
22.1 $ |
Revenues (TTM) |
2261.86 $
|
Cash Flow (TTM) |
- |
Cash |
14.87 $
|
Book Value |
-
|
Dividend (TTM) |
2.26 $ |
|
Per Share |
|
Earnings (TTM) |
22.1 $
|
Revenues (TTM) |
2261.86 $ |
Cash Flow (TTM) |
- |
Cash |
14.87 $
|
Book Value |
- |
Dividend (TTM) |
2.26 $ |
|
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U.S. Healthcare direct distribution & services |
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Segment |
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of total Revenue |
Canada distribution & services |
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Segment |
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of total Revenue |
Pharmaceutical Solutions |
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Segment |
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of total Revenue |
Medical-Surgical Solutions |
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Segment |
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of total Revenue |
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