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McKesson (MCK) Company Profile

Updated Jun 2, 2020
McKesson has the following business profile:
Company's Full Name:McKesson Corp.
Short Name:McKesson
Trading Ticker Symbol:MCK
Primary Exchange:NYSE
Headquarter City/Country:San Francisco, California
Primary Industry Sector:Health Care
Seconday Sub-sector:Other Pharmaceuticals
Main Business Areas: Health Care, Other Pharmaceuticals, Medical Distribution, Healthcare, S&P 500
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding McKesson stock

Market and Trading Information for McKesson

The following details were available for trading and market data about the stock of McKesson as of writing:
Current Share Price:$163.19
Previous Year's Closing Price:$138.32
Percentage Price Change (YTD):17.98%
Market Cap:$26.41 billion
52-week Price Range:$112.6 - $172.18
Dividend Per Share:$1.62
EPS (TTM):-4.97
Price-Earnings (Trailing):0
Price-Earnings (Forward):9.6

Company Profile and Business Description for McKesson

McKesson Corporation (McKesson), incorporated on July 7, 1994, is a pharmaceutical distribution services and information technology company. The Company delivers an offering of pharmaceuticals and medical supplies. The Company operates through two segments: McKesson Distribution Solutions and McKesson Technology Solutions.

McKesson Distribution Solutions

The McKesson Distribution Solutions segment distributes branded and generic pharmaceutical drugs and other healthcare-related products around the world 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, including offering multiple distribution channels and clinical trial access to its network of oncology physicians. It also provides medical-surgical supply distribution, equipment, logistics and other services to healthcare providers within the United States. Additionally, this segment operates retail pharmacies in Europe and supports independent pharmacy networks within North America. It also sells financial, operational and clinical solutions to pharmacies (retail, hospital and alternate site) and provides consulting, outsourcing and other services.

The Distribution Solutions segment consists of the businesses, which include North America pharmaceutical distribution and services, International pharmaceutical distribution and services and Medical-Surgical distribution and services. Its North America pharmaceutical distribution and services business consists of business units, such as U.S. Pharmaceutical Distribution, McKesson Specialty Health (MSH), McKesson Canada, and McKesson Pharmacy Technology & Services. The U.S. Pharmaceutical Distribution business supplies branded, specialty and generic pharmaceuticals and other healthcare-related products to customers throughout the United States in over three primary customer channels, such as retail national accounts (including national and regional chains, food/drug combinations, mail order pharmacies and mass merchandisers); independent retail pharmacies, and institutional healthcare providers (including hospitals, health systems, integrated delivery networks, clinics and alternate site providers). This business also provides solutions and services to pharmaceutical manufacturers. This business sources materials and products from an array of different suppliers, including certain generic pharmaceutical drugs produced through a contract-manufacturing program.

The U.S. pharmaceutical distribution business operates and serves customer locations through a network of approximately 30 distribution centers, as well as a primary redistribution center, a strategic redistribution center and over two repackaging facilities, serving approximately 50 states and Puerto Rico. It invests in technology and other systems at all of its distribution centers. The Company uses Acumax Plus, a technology that integrates and tracks all internal inventory-related functions, such as receiving, put-away and order fulfillment in its distribution centers. Acumax Plus uses bar code technology, wrist-mounted computer hardware and radio frequency signals to provide customers with real-time product availability and order quality and fulfillment. In addition, it offers Mobile Manager, which integrates portable handheld technology with Acumax Plus to give customers ordering and inventory control. It also offers McKesson Connect, an Internet-based ordering system that provides item lookup and real-time inventory availability, as well as ordering, purchasing, third-party reconciliation and account management functionality. The customer groups of its U.S. Pharmaceutical Distribution business can be categorized as retail national accounts, independent retail pharmacies and institutional healthcare providers.

The Retail National Accounts are offered with solutions, including Central Fill, Redistribution Centers, McKesson SynerGx, RxPak, Inventory Management and ExpressRx Track. The solutions for managed care contracting, branding and advertising, merchandising, purchasing, operational efficiency and automation help independent pharmacists focus on patient care. Its solutions for Independent Retail Pharmacies include Health Mart, AccessHealth, McKesson Reimbursement Advantage (MRA), McKesson OneStop Generics, Sunmark, FrontEdge and McKesson Sponsored Clinical Services (SCS) Network. The solutions for Institutional Healthcare Providers include Fulfill-Rx, Asset Management, SKY Packaging, McKesson Plasma and BioLogics and McKesson OneStop Generics.

McKesson Specialty Health business provides a range of solutions to oncology and other specialty practices operating in communities across the country, to pharmaceutical and biotechnology suppliers manufacturing specialty drugs and vaccines, and to payers and hospitals. MSH is focused on three core business lines: Manufacturer Solutions, Practice Management and Provider Solutions. MSH's offerings include supply chain services, including specialty pharmacy services and third party logistics (3PL), provider and patient engagement programs, clinical trial support, patient assistance programs, reimbursement services and analytics. Practice Management provides a range of solutions, including practice operations, healthcare information technology, revenue cycle management and managed care contracting solutions, evidence-based guidelines and quality measurements to support The U.S. Oncology Network, a network of integrated, community-based oncology practices dedicated to evidence-based cancer care. It also supports U.S. Oncology Research, a research network specializing in oncology clinical trials.

Provider Solutions offers community specialists (oncologists, rheumatologists, ophthalmologists, urologists, neurologists and other specialists) a range of customizable products and services. Tools and services include specialty drug distribution and group purchasing organization (GPO) services, technology solutions, practice consulting services and vaccine distribution, including its distributor relationship with the Centers for Disease Control and Prevention's (CDC) Vaccines for Children program. McKesson Canada is a pharmaceutical distributor in Canada. McKesson Canada, through its network of approximately 10 distribution centers, provides logistics and distribution for manufacturers, delivering their products to retail pharmacies, hospitals, long-term care centers, clinics and institutions throughout Canada and through its network of infusion clinics, offers specialty services and adherence programs. Beyond pharmaceutical distribution, logistics and order fulfillment, McKesson Canada provides automation solutions to its retail and hospital customers, dispensing millions of doses each year. McKesson Canada also provides health information exchange solutions that streamline clinical and administrative communication and retail banner services for independent pharmacists. In partnership with other McKesson businesses, McKesson Canada provides a range of services to Canadian manufacturers and healthcare providers, contributing for the safety of care for patients.

McKesson Pharmacy Technology & Services business provides offerings that help retail chains, hospital outpatient pharmacies and small and independent pharmacies. It supplies integrated pharmacy management systems, automated dispensing systems and related services to retail, outpatient, central fill, specialty and mail order pharmacies. Its solutions include EnterpriseRx, Pharmaserv, PharmacyRx, McKesson 340B Solution Suite and Macro Helix and Supplylogix. Its international pharmaceutical distribution and services business provides distribution and services to the pharmaceutical and healthcare sectors primarily in Europe. Its pharmaceutical wholesale business supplies pharmaceuticals and other healthcare-related products generally to retail pharmacies and institutional customers. Its wholesale network consists of approximately 110 branches that deliver to over 65,000 pharmacies daily in approximately 10 European countries. The retail pharmacy business serves patients and consumers in over six European countries directly through approximately 2,200 of its own pharmacies and over 4,500 participant pharmacies operating under brand partnership arrangements. The retail business provides traditional prescription pharmaceuticals, non-prescription products and medical services and operates under the Lloyds Pharmacy brand in the United Kingdom.

Medical-Surgical distribution and services business provides medical-surgical supply distribution, equipment, logistics and other services to healthcare providers including physicians' offices, surgery centers, extended care facilities, homecare and occupational health sites through a network of distribution centers within the United States. This business is a distributor of supplies to a range of alternate-site healthcare facilities, including physicians' offices, clinics and surgery centers (primary care), long-term care and homecare sites (extended care).

McKesson Technology Solutions

The McKesson Technology Solutions segment delivers clinical, patient care, financial, supply chain and strategic management technology solutions, as well as connectivity, outsourcing and other services, including remote hosting and managed services, to healthcare organizations. It provides a portfolio of information technology and services to help healthcare organizations. The segment markets its products and services to integrated delivery networks, hospitals, physician practices, home healthcare providers, retail pharmacies and payers. The product portfolio for the segment is designed to address an array of healthcare clinical and business performance needs ranging from medication safety and information access to revenue cycle management, resource utilization and physician adoption of electronic health records (EHR). Analytics software enables organizations to measure progress as they automate care processes for optimal clinical outcomes, business and operating results and regulatory compliance. It also offers a range of services to support the implementation and use of solutions, as well as to assist with business and clinical redesign, process re-engineering and staffing (both information technology and back-office).

The McKesson Technology Solutions segment consists of businesses, including McKesson Health Solutions, Connected Care and Analytics (CCA), Imaging and Workflow Solutions, Business Performance Services and Enterprise Information Solutions. It offers a suite of services and software products designed to manage the quality of care for payers, providers, hospitals and government organizations. Its solutions include InterQual Criteria for clinical decision support and utilization management; clear Coverage for point-of-care utilization management, coverage determination and network compliance; claims payment solutions to facilitate medical claim payments; Business intelligence tools for measuring and reporting clinical and financial performance; network management tools to enable health plans to transform the performance of their networks, and RelayHealth financial solutions to facilitate communication between healthcare providers and patients and to aggregate data for claims management and trend analysis. The Company?«÷s network and financial management portfolio also includes McKesson Episode Management, which is a prospective bundled payment automation solution; McKesson ClaimsXten, which is an advanced claims auditing rules engine; McKesson Reimbursement Manager; McKesson Contract Manager; McKesson Provider Manager, and McKesson Payer Connectivity Services. The McKesson Health Solutions portfolio includes ClarityQx, which is a payment technology.

The Company provides health information exchange solutions that streamline clinical and administrative communication among patients, providers, payers, pharmacies, manufacturers, government entities and financial institutions through its vendor-neutral RelayHealth and its intelligent network, RelayHealth pharmacy solutions, which help its customers for the delivery of care and financial performance through online consultation of physicians by patients, electronic prescribing by physicians, and point-of-service resolution of pharmacy claims by payers. It provides clinical and analytical software to support management workflows and analytics for optimization of hospital departments and a solution for homecare. It also provides performance management solutions. Enterprise visibility and performance analytics provide business intelligence that enables providers to manage capacity, outcomes, productivity and patient flow.

The Company offers medical imaging and information management systems for healthcare enterprises, including a picture archiving communications system, a radiology information system and a cardiovascular information system. It helps providers focus their resources on delivering healthcare while managing their revenue cycle operations and information technology through a suite of managed services. Services include full and partial revenue cycle outsourcing, remote hosting and business office administration. It also provides a solution for physician practices of all sizes, whether they are independent or employed, that includes software, revenue cycle outsourcing and connectivity services. Software solutions include practice management and EHR software for physicians of every size and specialty. Its physician practice offering includes outsourced billing, collection, data input, medical coding, billing, contract management, cash collections, accounts receivable management and reporting of metrics related to the physician practice. It also offers a suite of physician and hospital consulting services, including financial management, coding and compliance services, revenue cycle services and strategic services.

The Company provides clinical and financial information systems for hospitals and health systems of all sizes. It also provides professional services to help customers achieve business results from their software or automation investment. In addition, workflow management solutions assist caregivers with staffing and maintaining labor rule continuity between scheduling, time and attendance and payroll. It also offers a supply chain management solution that integrates enterprise resource planning applications, including financials, materials, human resources/payroll, scheduling, point of use, surgical and anesthesia services, and analytics.

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ETFs Holding McKesson Stock

As of March 2020, the following exchange-traded funds (ETF) hold the McKesson stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have McKesson stock holding. There are a total of 147 ETFs in records which are holding McKesson stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
No. of
FLAGFLAG-Forensic Accounting Long-Short ETFThe FLAG-Forensic Accounting Long-Short ETF tracks an index that selects long and short equity positions of large-cap U.S. companies relative to their earnings quality and revenue recognition practices. ...Full Details1.61%137
Full List
ACIMSPDR MSCI ACWI IMI ETFThe SPDR MSCI ACWI IMI ETF tracks a market-cap-weighted index of global stocks covering 98% of the capitalization of the developed and emerging markets. ...Full Details0.25%906
Full List
ACWIiShares MSCI ACWI ETFThe iShares MSCI ACWI ETF tracks a market-cap-weighted index of large- and midcap global stocks, covering 85% of the developed and emerging markets capitalization. ...Full Details ...Candlestick Patterns.0.32%1596
Full List
CATHGlobal X S&P 500 Catholic Values ETFThe Global X S&P 500 Catholic Values ETF tracks an index of US large-cap stocks selected from the S&P 500. The cap-weighted index omits companies from certain industries at odds with Catholic values. ...Full Details0.29%464
Full List
CLRGIQ Chaikin US Large Cap ETFThe IQ Chaikin US Large Cap ETF tracks an equal-weighted index of large-cap US stocks. Holdings are selected based on a multi-factor model. ...Full Details0.25%66
Full List
COWZPacer US Cash Cows 100 ETFThe Pacer US Cash Cows 100 ETF tracks an index of companies selected from the Russell 1000 Index and weighted accord to their free cash flow. ...Full Details0.49%101
Full List
CRBNiShares MSCI ACWI Low Carbon Target ETFThe iShares MSCI ACWI Low Carbon Target ETF tracks an index of stocks from global firms selected for a bias toward lower carbon emissions, but with tight constraints to the broad, marketlike ACWI index. ...Full Details0.2%1204
Full List
CSMProshares Large Cap Core PlusThe ProShares Large Cap Core Plus ETF tracks a long/short index of the 500 largest US stocks. It uses a set of rules to assign weights to each equity that add up to 130% long and 30% short exposure. ...Full Details0.45%320
Full List
DGROiShares Core Dividend Growth ETFThe iShares Core Dividend Growth ETF tracks an index of US stocks that are selected by dividends, dividend growth and payout ratio, then weighted by dividend dollars. ...Full Details0.08%449
Full List
DIVBiShares US Dividend and Buyback ETFThe iShares US Dividend and Buyback ETF tracks an index of large-, mid-, and small-cap US stocks that have a history of dividend payments and/or share buybacks. ...Full Details0.25%354
Full List

See Full List of ETFs holding McKesson stock in their respective portfolios.

Peer / Competitor Companies of Other Pharmaceuticals Sector

Along with McKesson Corp., the following other peer (competitor) companies also exist within the same Other Pharmaceuticals - Health Care sector whose company profile and dividend history is as follows:

▶ AmerisourceBergen (ABC): AmerisourceBergen Corporation, incorporated on March 16, 2001, is a pharmaceutical sourcing and distribution services company. The Companys segments include Pharmaceutical Distribution and Other. The Company provides services to healthcare providers, ....See Detailed Company Profile,  Dividend History

▶ Cardinal Health (CAH): Cardinal Health, Inc. is a healthcare services and products company. The Company operates through two segments: Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, over-the-counter ....See Detailed Company Profile,  Dividend History

▶ Herbalife (HLF): Herbalife Ltd., incorporated on April 4, 2002, is a global nutrition company. The Company develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional ....See Detailed Company Profile,  Dividend History

▶ Nu Skin Enterprises (NUS): Nu Skin Enterprises, Inc. develops and distributes anti-aging personal care products and nutritional supplements under the Nu Skin and Pharmanex category brands worldwide. It provides skin care system....See Detailed Company Profile,  Dividend History

... See Full List of All Stocks of Other Pharmaceuticals Sector.

Stock List of Other Health Care Sub-sectors

▶ Stocks of Biotech Sector

▶ Stocks of Biotech Apparatus Sector

▶ Stocks of Biotech Diagnostics Sector

▶ Stocks of Biotech Products Sector

▶ Stocks of Biotech Research Sector

▶ Stocks of Biotechnology Sector

▶ Stocks of Diagnostics & Research Sector

▶ Stocks of Drug Delivery Sector

▶ Stocks of Drug Development Sector

▶ Stocks of Drug Manufacturer Sector

▶ Stocks of Drug ManufacturersóSpecialty & Generic Sector

▶ Stocks of Health Care Sector

▶ Stocks of Health Care Equipment and Services Sector

▶ Stocks of Hospital and Nursing Management Sector

▶ Stocks of Industrial Specialties Sector

▶ Stocks of Major Pharmaceuticals Sector

▶ Stocks of Medical Care Facilities Sector

▶ Stocks of Medical Dental Instruments Sector

▶ Stocks of Medical Devices Sector

▶ Stocks of Medical Electronics Sector

▶ Stocks of Medical Instruments & Supplies Sector

▶ Stocks of Medical Nursing Services Sector

▶ Stocks of Medical Products Sector

▶ Stocks of Medical Specialities Sector

▶ Stocks of Ophthalmic Goods Sector

▶ Stocks of Other Pharmaceuticals Sector

▶ Stocks of Precision Instruments Sector

Stock List of Other Top-level Sectors

▶ Stocks of Sector

▶ Stocks of Basic Industries Sector

▶ Stocks of Basic Materials Sector

▶ Stocks of Capital Goods Sector

▶ Stocks of Communication Services Sector

▶ Stocks of Consumer Cyclical Sector

▶ Stocks of Consumer Defensive Sector

▶ Stocks of Consumer Discretionary Sector

▶ Stocks of Consumer Durables Sector

▶ Stocks of Consumer Non-Durables Sector

▶ Stocks of Consumer Services Sector

▶ Stocks of Energy Sector

▶ Stocks of Finance Sector

▶ Stocks of Financial Services Sector

▶ Stocks of Health Care Sector

▶ Stocks of Healthcare Sector

▶ Stocks of Industrials Sector

▶ Stocks of Miscellaneous Sector

▶ Stocks of Public Utilities Sector

▶ Stocks of Real Estate Sector

▶ Stocks of Services Sector

▶ Stocks of Technology Sector

▶ Stocks of Transportation Sector

▶ Stocks of Utilities Sector