10x Insights
Loading account…
Companies / Health Care / McKesson Corporation
MCK

McKesson Corporation

Health CareWholesaleS&P 500
Ticker MCKIRVING, TXFiscal year ends MarchBook value per share $-35.57Diluted shares 119.2M

McKesson Corporation (NYSE: MCK) is a diversified healthcare services leader headquartered in the United States with operations spanning North America and beyond. The company traces its business roots to 1833 and operates through four reportable segments: North American Pharmaceutical, Oncology & Multispecialty,… From the company’s description.

Fiscal year 2026 · ends 03-31Changes are against fiscal 2025The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$403.43B
+12.4% year over year
Last 12 mo $410.98B
1.54%
+0.3 percentage points
Last 12 mo 1.58%
$5.10B
+46.5% year over year
Last 12 mo $5.30B
-228.52%
−58.6 percentage points
Last 12 mo -108.30%
Cash & financing
$6.16B
+1.2% year over year
Last 12 mo $6.85B
$5.41B
+3.5% year over year
Last 12 mo $6.14B
-3.00
Was -2.73× a year earlier
Last 12 mo -2.29
124.1M
−3.1% year over year
Last 12 mo 119.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What McKesson Corporation does

In the company’s own words

McKesson Corporation (NYSE: MCK) is a diversified healthcare services leader headquartered in the United States with operations spanning North America and beyond. The company traces its business roots to 1833 and operates through four reportable segments: North American Pharmaceutical, Oncology & Multispecialty, Prescription Technology Solutions, and Medical-Surgical Solutions. McKesson's website is www.mckesson.com.

The North American Pharmaceutical segment distributes branded, generic, specialty, biosimilar, and over-the-counter pharmaceutical drugs to customers in the United States and Canada through a network of 27 distribution centers. This segment serves retail national accounts, community pharmacies, and institutional healthcare providers, offering solutions including Central Fill prescription refill services, the Health Mart franchise network of approximately 3,900 independently-owned pharmacies, and McKesson Connect ordering systems. The Canadian operations include approximately 2,600 independent pharmacies operating under five banners: IDA, Guardian, Remedy'sRx, Proxim, and Uniprix.

The Oncology & Multispecialty segment provides specialty drug distribution, group purchasing organizations, infusion services, and technology solutions to oncology and specialty practices. This segment operates the U.S. Oncology Network, one of the nation's largest networks of community-based oncology practices, and includes controlling interests in PRISM Vision and Sarah Cannon Research Institute, along with Ontada, McKesson's oncology technology and insights business.

The Prescription Technology Solutions segment connects patients, pharmacies, providers, pharmacy benefit managers, health plans, and biopharma companies to address medication access and affordability challenges. The Medical-Surgical Solutions segment distributes medical-surgical supplies, laboratory equipment, and pharmaceuticals to non-acute healthcare settings across more than 336,000 customers, offering over 270,000 national brand products and 4,000 proprietary products.

As of March 31, 2026, McKesson employed more than 43,000 employees worldwide, including approximately 38,000 in the United States and 5,000 in Canada. The company's ten largest customers, including group purchasing organizations, accounted for approximately 73 percent of total consolidated revenues, with CVS Health Corporation representing approximately 24 percent of revenues. McKesson operates in highly regulated healthcare environments and maintains extensive compliance programs addressing controlled substances, FDA regulations, healthcare fraud prevention, and cybersecurity requirements.

Company details
Sector
Health Care
Industry (SIC)
Wholesale
Headquarters
IRVING, TX
Fiscal year end
March
CIK
927653
SIC
5122

Financial performance, year by year

Fiscal 2014–2026 · USD
$-45.87B$78.72B$203.32B$327.92B$452.52B2014201520162017201820192020202120222023202420252026Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns McKesson Corporation — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

1.0K
funds hold it
1 of 35
superinvestors hold it
$26.83B
held by funds, at market
30.1%
of shares held by funds
13
bond issues held by funds

Superinvestors in McKesson Corporation · what they did last quarter

Stephen MandelDECREASED -85.3%
Lone Pine Capital
0.3%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · McKesson Corporation’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.13%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.14%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.14%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.14%of fund net assets
MFS Value Fund
MEIAX · MFS SERIES TRUST I
2.28%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

McKesson Corporation’s bonds, as funds hold them

Funds report holding 13 issues of McKesson Corporation’s debt, $751.41M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.77%, maturing 2026 to 2044.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do McKesson Corporation and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of McKesson Corporation's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in McKesson Corporation's last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.