McKesson Corp

MCK: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$929.00	Zzxrfw	Ytqkgsglc

McKesson Report Soft Sales to Start 2025 But GLP-1 Contribution and Other Segments Should Improve

Keonhee Kim

Aug 8, 2024

Business Strategy and Outlook

McKesson is one of three leading domestic wholesalers of branded, generic, and specialty pharmaceutical products. With roughly $280 billion in sales from its US pharmaceutical segment in fiscal 2024, the company supplies roughly one third of the domestic drug distribution market. Its two close competitors are Cencora and Cardinal Health. Together, the three operate as a pharmaceutical wholesale and distribution oligopoly, supplying over 90% of the US market.

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