McKesson Corporation

Company Profile

McKesson Corporation had its IPO on 1994-11-15 under the ticker symbol MCK.

The company operates in the Healthcare sector and Medical Distribution industry. McKesson Corporation has a staff strength of 45,000 employees.

Stock update

Shares of McKesson Corporation opened at $423 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $419.95 - $424.81, and closed at $422.1.

This is a -0.42% slip from the previous day's closing price.

A total volume of 480,700 shares were traded at the close of the day’s session.

In the last one week, shares of McKesson Corporation have increased by +2.37%.

McKesson Corporation's Key Ratios

McKesson Corporation has a market cap of $56.90 billion, indicating a price to book ratio of 5.0435 and a price to sales ratio of 0.192.

In the last 12-months McKesson Corporation’s revenue was $284.04 billion with a gross profit of $12.36 billion and an EBITDA of $5.06 billion. The EBITDA ratio measures McKesson Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, McKesson Corporation’s operating margin was 1.6% while its return on assets stood at 4.49% with a return of equity of 0%.

In Q2, McKesson Corporation’s quarterly earnings growth was a positive 33.4% while revenue growth was a positive 10.9%.

McKesson Corporation’s PE and PEG Ratio

Forward PE

14.245

Trailing PE

15.7386

PEG

0.6173

Its diluted EPS in the last 12-months stands at $26.8 per share while it has a forward price to earnings multiple of 14.245 and a PEG multiple of 0.6173. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into McKesson Corporation’s profitability.

McKesson Corporation stock is trading at a EV to sales ratio of 0.2099 and a EV to EBITDA ratio of 14.2575. Its price to sales ratio in the trailing 12-months stood at 0.192.

McKesson Corporation stock pays annual dividends of $2.16 per share, indicating a yield of 0.59% and a payout ratio of 8.17%.

Balance sheet and cash flow metrics

Total Assets

$64.10 billion

Total Liabilities

$48.42 billion

Operating Cash Flow

$-149000000.00

Capital Expenditure

$124 million

Dividend Payout Ratio

8.17%

McKesson Corporation ended 2024 with $64.10 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $64.10 billion while shareholder equity stood at $-1602000000.00.

McKesson Corporation ended 2024 with $1.14 billion in deferred long-term liabilities, $48.42 billion in other current liabilities, 3000000.00 in common stock, $13.18 billion in retained earnings and $9.97 billion in goodwill. Its cash balance stood at $2.64 billion and cash and short-term investments were $2.64 billion. The company’s total short-term debt was $350,000,000 while long-term debt stood at $5.61 billion.

McKesson Corporation’s total current assets stands at $45.54 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $21.86 billion compared to accounts payable of $43.98 billion and inventory worth $20.51 billion.

In 2024, McKesson Corporation's operating cash flow was $-149000000.00 while its capital expenditure stood at $124 million.

Comparatively, McKesson Corporation paid $0.08 in dividends in 2024.

Other key metrics

Current Trading Price

$422.1

52-Week High

$440.3515

52-Week Low

$330.7966

Analyst Target Price

$472.86

McKesson Corporation stock is currently trading at $422.1 per share. It touched a 52-week high of $440.3515 and a 52-week low of $440.3515. Analysts tracking the stock have a 12-month average target price of $472.86.

Its 50-day moving average was $417.54 and 200-day moving average was $383.78 The short ratio stood at 1.98 indicating a short percent outstanding of 0%.

Around 15.2% of the company’s stock are held by insiders while 8767.9% are held by institutions.