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McKesson Corp Stock Research

MCK

358.25USD+0.47(+0.13%)Delayedas of 31 Mar 2023, 11:20 am

Market Summary

USD358.25+0.47
Delayedas of 31 Mar 2023, 11:20 am
0.13%

MCK Alerts

MCK Stock Price

MCK RSI Chart

MCK Valuation

Market Cap

50.1B

Price/Earnings (Trailing)

15.94

Price/Sales (Trailing)

0.18

EV/EBITDA

10.97

Price/Free Cashflow

11.58

MCK Price/Sales (Trailing)

MCK Profitability

EBT Margin

1.59%

Return on Equity

-150.36%

Return on Assets

5.01%

Free Cashflow Yield

8.63%

MCK Fundamentals

MCK Revenue

Revenue (TTM)

273.9B

Revenue Y/Y

2.73%

Revenue Q/Q

0.47%

MCK Earnings

Earnings (TTM)

3.1B

Earnings Y/Y

15.5K%

Earnings Q/Q

16.52%

Price Action

52 Week Range

298.69401.78
(Low)(High)

Last 7 days

4.7%

Last 30 days

2.3%

Last 90 days

-4.6%

Trailing 12 Months

16.5%

MCK Financial Health

Current Ratio

0.93

Debt/Equity

-2.61

Debt/Cashflow

0.87

MCK Investor Care

Dividend Yield

0.58%

Dividend/Share (TTM)

2.07

Buy Backs (1Y)

7.72%

Diluted EPS (TTM)

21.78

Peers (Alternatives to McKesson)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
439.0B
324.2B
-0.88% -8.54%
21.82
1.35
12.71% 16.40%
50.1B
273.9B
2.28% 16.53%
15.94
0.18
6.57% 122.45%
32.2B
241.8B
2.43% 3.66%
18.63
0.13
9.36% 7.14%
19.7B
193.0B
-0.48% 34.08%
-15.45
0.1
12.68% -329.37%
10.6B
12.6B
2.31% -8.80%
19.63
0.83
1.98% -14.74%
MID-CAP
5.2B
2.3B
3.17% 35.63%
86.23
2.28
2.85% -58.05%
4.9B
831.2M
-11.12% -13.87%
-83.44
5.9
12.11% -862.52%
3.4B
5.2B
-9.15% -22.68%
7.71
0.65
31.60% 35.63%
2.6B
6.4B
-0.72% -15.40%
13.15
0.4
-0.52% 17.01%
SMALL-CAP
1.7B
951.1M
-5.34% 13.85%
36.04
1.74
10.02% 1.99%
1.3B
1.4B
3.79% 9.33%
123.09
0.92
8.74% -56.93%
1.1B
10.0B
-8.02% -68.46%
48.04
0.11
1.74% -89.90%
561.7M
2.8B
-7.12% -57.75%
-2.36
0.2
2.43% -140.13%
328.2M
934.1M
20.49% -53.07%
-6.81
0.35
3.77% -201.92%
170.0M
-
1.98% -1.24%
31.24
2.46
- -

Financials for McKesson

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue0.7%273,903272,027268,446263,966257,006
Gross Profit-2.0%12,61012,86413,12113,13013,109
Operating Expenses-12.2%8,5769,77310,61511,09210,694
  S&GA Expenses-12.6%8,3439,54510,26410,53710,230
EBITDA33.0%4,8063,6132,8062,866-
EBITDA Margin32.1%0.02*0.01*0.01*0.01*-
Earnings Before Taxes36.9%4,3453,1742,3721,9282,310
EBT Margin36.0%0.02*0.01*0.01*0.01*-
Interest Expenses15.2%212184174178187
Net Income52.8%3,1412,0551,3961,1141,412
Net Income Margin51.8%0.01*0.01*0.01*0.00*-
Free Cahsflow6.1%4,3214,0714,7494,046-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.6%62,69063,08162,29563,29863,708
  Current Assets-3.9%44,65746,44845,38346,23146,498
    Cash Equivalents-4.9%2,7742,9162,2333,5322,754
  Inventory3.9%20,65719,87619,50518,70219,024
  Net PPE3.3%2,1402,0712,0832,0922,064
  Goodwill7.5%9,9349,2399,3689,4519,462
  Current Liabilities-0.7%48,00648,35747,20148,46647,452
.    Short Term BorrowingsInfinity%617-372--
  Long Term Debt13.3%5,4524,8134,9765,080-
    LT Debt, Non Current-5,518----
Shareholder's Equity-67.3%-2,089-1,249-1,792-787-
  Retained Earnings9.5%11,58210,5799,7329,0308,734
  Additional Paid-In Capital-1.0%7,5367,6097,3507,2757,411
Accumulated Depreciation-1,994----
Shares Outstanding-2.2%140143144152-
Minority Interest-29.3%366518532480487
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations6.6%4,7214,4305,1154,4344,917
Cashflow From Investing-162.5%-11518449.00-89.00-477
Cashflow From Financing-23.6%-5,167-4,180-5,351-6,321-4,849
  Dividend Payments1.8%287282279277273
  Buy Backs33.0%5,0303,7823,5383,5162,258

Risks for MCK

What is the probability of a big loss on MCK?

43.1%


Probability that McKesson stock will be more than 20% underwater in next one year

14.2%


Probability that McKesson stock will be more than 30% underwater in next one year.

0%


Probability that McKesson stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MCK drawdown profile look like?

Y-axis is the maximum loss one would have experienced if McKesson was unfortunately bought at previous high price.

Drawdowns

Returns for MCK

Cumulative Returns on MCK

13.6%


10-Year Cumulative Returns

13.4%


7-Year Cumulative Returns

21.5%


5-Year Cumulative Returns

38.2%


3-Year Cumulative Returns

What are the long-term rolling returns for MCK?

FIve years rolling returns for McKesson.

Annualized Returns

Which funds bought or sold MCK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-29
Diametric Capital, LP
new
-
1,148,240
1,148,240
0.55%
2023-03-27
Neo Ivy Capital Management
added
8,273
714,000
722,000
0.49%
2023-03-24
Longbow Finance SA
new
-
15,248,300
15,248,300
2.05%
2023-03-24
Freemont Management S.A.
new
-
5,176,660
5,176,660
0.81%
2023-03-23
MetLife Investment Management, LLC
reduced
-3.1
930,274
14,308,600
0.12%
2023-03-17
American Portfolios Advisors
added
3.44
23,030
316,461
0.01%
2023-03-15
B. Riley Wealth Advisors, Inc.
added
3.67
199,430
1,569,430
0.04%
2023-03-13
Claro Advisors LLC
new
-
744,597
744,597
0.24%
2023-03-10
MATHER GROUP, LLC.
sold off
-100
-239,000
-
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-6.52
2,667,480
86,692,500
0.10%

1–10 of 48

Latest Funds Activity

Are funds buying MCK calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own MCK
No. of Funds

McKesson News

Best Stocks

Veriti Management LLC Decreases Holdings of McKesson Co ....

Best Stocks,
6 hours ago

Schedule 13G FIlings of McKesson

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
9.08%
12,869,151
SC 13G/A
Feb 03, 2023
blackrock inc.
8.3%
11,784,945
SC 13G/A
Feb 10, 2022
vanguard group inc
10.15%
15,497,451
SC 13G/A
Feb 01, 2022
blackrock inc.
8.6%
13,171,252
SC 13G/A
Feb 16, 2021
capital ventures international
0.5%
865,164
SC 13G/A
Feb 10, 2021
vanguard group inc
10.12%
16,251,909
SC 13G/A
Jan 29, 2021
blackrock inc.
8.7%
13,969,975
SC 13G/A
Oct 13, 2020
vanguard group inc
10.17%
16,496,553
SC 13G/A
Mar 18, 2020
capital ventures international
6.6%
10,631,600
SC 13G
Feb 12, 2020
vanguard group inc
8.72%
15,715,599
SC 13G/A

MCK Fair Value

McKesson fair value in different scenarios

The table shows the Fair Value estimates for McKesson for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

244.99

-31.61%

370.41

3.39%

665.72

85.83%

1080.40

201.58%

1582.38

341.70%
Current Inflation

223.64

-37.57%

333.62

-6.88%

588.96

64.40%

943.94

163.49%

1371.42

282.81%
Very High Inflation

197.42

-44.89%

289.32

-19.24%

498.70

39.20%

785.97

119.39%

1129.46

215.27%

Historical McKesson Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of McKesson

View All Filings
Date Filed Form Type Document
Mar 02, 2023
4/A
Insider Trading
Mar 02, 2023
4
Insider Trading
Feb 15, 2023
8-K
Current Report
Feb 14, 2023
FWP
Prospectus Filed
Feb 14, 2023
424B5
Prospectus Filed
Feb 14, 2023
4
Insider Trading
Feb 13, 2023
424B3
Prospectus Filed
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 07, 2023
4/A
Insider Trading
Feb 07, 2023
4
Insider Trading

Latest Insider Trading transactions for MCK

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-01
Rutledge Napoleon B JR
acquired
-
-
785
svp, controller & cao
2023-03-01
Rutledge Napoleon B JR
sold (taxes)
-87,585
351
-249
svp, controller & cao
2023-02-06
SALKA SUSAN R
gifted
-
-
-1,000
-
2023-02-03
Avila Nancy
sold
-59,573
370
-161
evp, cio & cto
2023-02-02
TYLER BRIAN S.
sold
-2,818,080
380
-7,416
chief executive officer
2023-02-02
TYLER BRIAN S.
acquired
1,355,420
182
7,416
chief executive officer
2022-12-09
Schechter Lori A.
sold
-949,475
379
-2,500
evp, chief legal officer & gc
2022-11-10
Schechter Lori A.
sold
-977,550
391
-2,500
evp, chief legal officer & gc
2022-11-08
Faber Tracy
sold
-4,202,840
391
-10,733
evp & chief hr officer
2022-11-08
SALKA SUSAN R
gifted
-
-
-1,000
-

1–10 of 50

Brian S. Tyler
65535
McKesson Corporation provides healthcare supply chain management, retail pharmacy, community oncology and specialty care, and healthcare information solutions in the United States and internationally. It operates through four segments: U.S. Pharmaceutical, International, Medical-Surgical Solutions, and Prescription Technology Solutions (RxTS). The U.S. Pharmaceutical segment distributes branded, generic, specialty, biosimilar, and over-the-counter pharmaceutical drugs and other healthcare-related products. This segment also provides practice management, technology, clinical support, and business solutions to community-based oncology and other specialty practices; and consulting, outsourcing, technological, and other services, as well as sells financial, operational, and clinical solutions to pharmacies. The International segment offers distribution and services to wholesale, institutional, and retail customers in 13 European countries and Canada. The Medical-Surgical Solutions segment provides medical-surgical supply distribution, logistics, and other services to healthcare providers. The RxTS segment offers CoverMyMeds solution to help patients get the medications; RelayHealth, a workflow solution; RxCrossroads solution for therapies and interventions to biopharma manufacturers; and McKesson Prescription Automation, a customized pharmacy automation technology; and Multi-Client Central Fill as a Service, a pharmacy. McKesson Corporation was founded in 1833 and is headquartered in Irving, Texas.

MCK Income Statement

2022-12-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]    
Revenues$ 70,490$ 68,614$ 207,801$ 197,864
Cost of sales(67,316)(65,186)(198,509)(188,052)
Gross profit3,1743,4289,2929,812
Selling, distribution, general, and administrative expenses(1,903)(3,105)(5,812)(8,006)
Claims and litigation charges, net1(7)5(193)
Restructuring, impairment, and related charges, net(31)(18)(84)(208)
Total operating expenses(1,933)(3,130)(5,891)(8,407)
Operating income1,2412983,4011,405
Other income, net27620466202
Loss on debt extinguishment000(191)
Interest expense(69)(41)(169)(135)
Income from continuing operations before income taxes1,4482773,6981,281
Income tax expense(329)(238)(799)(396)
Income from continuing operations1,119392,899885
Income (loss) from discontinued operations, net of tax10(3)(3)
Net income1,120392,896882
Net income attributable to noncontrolling interests(41)(46)(123)(136)
Net income (loss) attributable to McKesson Corporation$ 1,079$ (7)$ 2,773$ 746
Diluted    
Continuing operations (in usd per share)$ 7.65$ (0.04)$ 19.32$ 4.81
Discontinued operations (in usd per share)0.010(0.02)(0.02)
Total (in dollars per share)7.66(0.04)19.304.79
Basic    
Continuing operations (in usd per share)7.70(0.04)19.484.87
Discontinued operations (in usd per share)0.010(0.02)(0.02)
Total (in dollars per share)$ 7.71$ (0.04)$ 19.46$ 4.85
Weighted-average common shares outstanding    
Diluted (in usd per share)141.0151.6143.7155.8
Basic (in shares)139.9151.6142.5154.0

MCK Balance Sheet

2022-12-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Mar. 31, 2022
Current assets  
Cash and cash equivalents$ 2,774$ 3,532
Receivables, net20,53718,583
Inventories, net20,65718,702
Assets held for sale144,516
Prepaid expenses and other675898
Total current assets44,65746,231
Property, plant, and equipment, net2,1402,092
Operating lease right-of-use assets1,6531,548
Goodwill9,9349,451
Intangible assets, net2,2732,059
Other non-current assets2,0331,917
Total assets62,69063,298
Current liabilities  
Drafts and accounts payable42,23838,086
Short-term borrowings6170
Current portion of long-term debt404799
Current portion of operating lease liabilities292297
Liabilities held for sale24,741
Other accrued liabilities4,4534,543
Total current liabilities48,00648,466
Long-term debt5,4525,080
Long-term deferred tax liabilities1,4651,418
Long-term operating lease liabilities1,4101,366
Long-term litigation liabilities6,6427,220
Other non-current liabilities1,8041,540
McKesson Corporation stockholders’ deficit  
Preferred stock, $0.01 par value, 100 shares authorized, no shares issued or outstanding00
Common stock, $0.01 par value, 800 shares authorized, 277 and 275 shares issued at December 31, 2022 and March 31, 2022, respectively32
Additional paid-in capital7,5367,275
Retained earnings11,5829,030
Accumulated other comprehensive loss(899)(1,534)
Treasury shares, at cost, 140 and 130 shares at December 31, 2022 and March 31, 2022, respectively(20,677)(17,045)
Total McKesson Corporation stockholders’ deficit(2,455)(2,272)
Noncontrolling interests366480
Total deficit(2,089)(1,792)
Total liabilities and deficit$ 62,690$ 63,298