McKesson
McKesson is a global leader in health care supplies, retail pharmacy, and pharmaceutical distribution. Founded in 1833, the company is the fourth-largest pharmacy chain in the country, with over 5,000 retail pharmacy locations at Health Mart, McKesson’s retail subsidiary franchise. McKesson is also the nation’s largest drug distributor, responsible for a third of all pharmaceuticals used each day in North America. Over the past few years, the company has faced thousands of lawsuits and a federal criminal investigation because of its alleged role in the nationwide opioid epidemic. In 2019, along with three other top American drug distributors, McKesson reached a $260 million settlement with two counties in Ohio over their role in the overdose crisis. As of May 2021, the company had administered more than a million COVID-19 vaccine shots as the country continues on the path to recovery from the coronavirus.
Courtesy of McKesson
Company Information
As of 2/1/2023
Country
U.S.
Headquarters
Irving, Texas
Industry
Wholesalers: Health Care
CEO
Brian S. Tyler
Website
Company Type
Public
Ticker
MCK
Revenues ($M)
$272,027
Profits ($M)
$2,055
Market Value ($M)
$53,604
Employees
66,500
Figures are for the latest twelve months ended Sept. 30, 2022. Market value as of Jan. 20, 2023. Sources: Bloomberg; S&P Global.
Key Financials (Last Fiscal Year)
($ Millions)
% change
Revenues ($M)
$231,051
7.8%
Profits ($M)
$900
2547.1%
Assets ($M)
$61,247
-
Total Stockholder Equity ($M)
$5,092
-
Profit Ratios
Profit as % of Revenues
0.4%
Profits as % of Assets
1.5%
Profits as % of Stockholder Equity
17.7%
Lists ranking McKesson
Latest news for McKesson
- Success
How the top 10 Fortune 500 companies are bringing workers back to the officeAugust 14, 2022, 1:00 PM UTC - Health
Johnson & Johnson, drug distributors reach $26 billion settlement with states over opioidsJuly 21, 2021, 7:25 PM UTC - Health
4 Drug Giants Reach $260 Million Settlement in Ohio Opioid Case. What Happens Next?October 21, 2019, 5:27 PM UTC