Since March 31st, 2008, McKesson Corp's market capitalization has increased from $13.7 Billion to $56.2 Billion at May 26th, 2023.
McKesson Corp's market capitalization as of May 26th, 2023 of $56.2 Billion was higher than its peers in the Drugs Wholesale industry group of April 30th, 2023 of 6.53 Billion. From March 31st, 2008 to May 26th, 2023, McKesson Corp's average market capitalization was 28.6 Billion compared to an industry average of 10.2 Billion.
McKesson Corp. is a health services and information technology company, which provides medicines, pharmaceutical and care management products. It operates through the McKesson Distribution Solutions and McKesson Technology Solutions segments. The McKesson Distribution Solutions segment distributes ethical and proprietary drugs, medical-surgical supplies and equipment and health and beauty care products throughout North America. This segment also provides specialty pharmaceutical solutions for biotech and pharmaceutical manufacturers, sells financial, operational and clinical solutions for pharmacies. The McKesson Technology Solutions segment provides software, automation, business services and consulting to hospitals, physician offices, imaging centers and home healthcare. It also provides interactive connectivity services that streamline clinical, financial and administrative communication between patients, providers, payers, pharmacies and financial institutions agencies and payers. The company was founded by John McKesson and Charles Olcott in 1833 and is headquartered in Wilmington, DE.
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