"McKesson" redirects here. For other uses, see McKesson (disambiguation).
McKesson Corporation
Formerly
Olcott (1828–1833)
Olcott & McKesson (1833–1853)
McKesson & Robbins (1853–1967)
McKessonHBOC (1999–2001)
Company type
Public
Traded as
NYSE: MCK
S&P 500 component
Industry
Healthcare
Founded
New York City, United States 1833; 191 years ago (1833)
Founders
John McKesson
Charles M. Olcott
Headquarters
Irving, Texas
,
United States
Key people
Brian S. Tyler (CEO)
Products
Pharmaceuticals
Medical technology
Health care services
Revenue
US$276.71 billion (2023)[1]: 70
Operating income
US$4.38 billion (2023)[1]: 70
Net income
US$3.56 billion (2023)[1]: 70
Total assets
US$62.32 billion (2023)[1]: 72
Total equity
US$−1.49 billion (2023)[1]: 72
Number of employees
c. 51,000 (2023)[1]: 9
Subsidiaries
Rexall
Health Mart
Uniprix
Website
McKesson.com
McKesson Corporation is an American company distributing pharmaceuticals and providing health information technology, medical supplies, and care management tools. The company delivers a third of all pharmaceuticals used in North America and employs over 51,000 employees. McKesson had revenues of $276 billion in its fiscal year ending March 31, 2023.
McKesson is based in Irving, Texas, and distributes health care systems, medical supplies and pharmaceutical products. Additionally, McKesson provides extensive network infrastructure for the health care industry; also, it was an early adopter of technologies like bar-code scanning for distribution, pharmacy robotics, and RFID tags.[2] The company has been named in a federal lawsuit for profiting from the opioid epidemic in the United States.[3]
Throughout the COVID-19 pandemic, McKesson was a key vaccine distributor, serving as the U.S. government's centralized distributor for hundreds of millions of COVID-19 vaccine doses and ancillary supply kits for over 1 billion doses across the United States.[4][5]
As of 2023[update], McKesson was ranked #9 on the Fortune 500 rankings of the largest United States corporations.[6]
^ abcdef"Annual Report | Fiscal Year Ended March 31, 2023". U.S. Securities and Exchange Commission. May 9, 2023.
^Mitchell, Luke (February 1, 2009). "Sick in the Head". Harper's Magazine. Archived from the original on May 25, 2017. Retrieved April 24, 2017.
^Leggate, James (July 22, 2020). "What is McKesson?". FOXBusiness. Retrieved May 6, 2021.
^Terry, Mark. "Operation Warp Speed Selects McKesson for COVID-19 Vaccine Distribution". BioSpace. Retrieved 10 December 2021.
^"McKESSON REPORTS FISCAL 2022 FOURTH-QUARTER AND FULL-YEAR RESULTS" (PDF). McKesson Investor Relations. Retrieved May 5, 2021.
^"Fortune 500". Fortune. Retrieved 2023-09-11.
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