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McKesson Corporation (MCK) is a leading medical distribution business with stocks listed in the US. It opened the day at US$187.6 after a previous close of US$189.4. During the day the price has varied from a low of USD184.43 to a high of USD188.48. The latest price was USD184.89 (25 minute delay). McKesson Corporation is listed on the NYSE. All prices are listed in US Dollars.
How to buy shares in McKesson Corporation
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for McKesson Corporation. Find the share by name or ticker symbol: MCK. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until McKesson Corporation reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$194.94, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of McKesson Corporation, depending on your broker.
- Check in on your investment. Congratulations, you own a part of McKesson Corporation. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- McKesson Corporation key stats
- Compare share trading platforms
- Is McKesson Corporation stock a buy or sell?
- McKesson Corporation performance over time
- Can I short McKesson Corporation shares?
- Is McKesson Corporation suitable for ethical investing?
- Are McKesson Corporation shares over-valued?
- McKesson Corporation's financials
- How volatile are McKesson Corporation shares?
- Does McKesson Corporation pay a dividend?
- Have McKesson Corporation shares ever split?
- Other common questions
McKesson Corporation share priceUse our graph to track the performance of MCK stocks over time.
McKesson Corporation shares at a glance
|52-week range||US$138.4139 - US$204.2173|
|50-day moving average||US$194.4429|
|200-day moving average||US$185.6746|
|Dividend yield||US$1.67 (0.87%)|
|Earnings per share (TTM)||US$-28.5767|
Compare share trading platforms to buy stock
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Is it a good time to buy McKesson Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
McKesson Corporation price performance over time
|1 month (2021-05-21)||-8.78%|
|3 months (2021-03-19)||-2.57%|
|6 months (2020-12-18)||6.53%|
|1 year (2020-06-19)||17.99%|
|2 years (2019-06-20)||37.52%|
|3 years (2018-06-20)||25.35%|
|5 years (2016-06-20)||2.79%|
Is McKesson Corporation under- or over-valued?
Valuing McKesson Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of McKesson Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
McKesson Corporation's P/E ratio
McKesson Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, McKesson Corporation shares trade at around 28x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
McKesson Corporation's PEG ratio
McKesson Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 26.752. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into McKesson Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
McKesson Corporation's EBITDA
McKesson Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$4 billion.
The EBITDA is a measure of a McKesson Corporation's overall financial performance and is widely used to measure a its profitability.
McKesson Corporation financials
|Revenue TTM||US$238.2 billion|
|Operating margin TTM||1.31%|
|Gross profit TTM||US$12 billion|
|Return on assets TTM||3.09%|
|Return on equity TTM||-17897.85%|
|Market capitalisation||US$30 billion|
TTM: trailing 12 months
Shorting McKesson Corporation shares
There are currently 1.6 million McKesson Corporation shares held short by investors – that's known as McKesson Corporation's "short interest". This figure is 42.4% down from 2.7 million last month.
There are a few different ways that this level of interest in shorting McKesson Corporation shares can be evaluated.
McKesson Corporation's "short interest ratio" (SIR)
McKesson Corporation's "short interest ratio" (SIR) is the quantity of McKesson Corporation shares currently shorted divided by the average quantity of McKesson Corporation shares traded daily (recently around 1.2 million). McKesson Corporation's SIR currently stands at 1.26. In other words for every 100,000 McKesson Corporation shares traded daily on the market, roughly 1260 shares are currently held short.
However McKesson Corporation's short interest can also be evaluated against the total number of McKesson Corporation shares, or, against the total number of tradable McKesson Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case McKesson Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 McKesson Corporation shares in existence, roughly 10 shares are currently held short) or 0.0099% of the tradable shares (for every 100,000 tradable McKesson Corporation shares, roughly 10 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against McKesson Corporation.
Find out more about how you can short McKesson Corporation stock.
McKesson Corporation's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like McKesson Corporation.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
McKesson Corporation's total ESG risk score
Total ESG risk: 23.8
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and McKesson Corporation's overall score of 23.8 (as at 12/31/2018) is pretty good – landing it in it in the 26th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like McKesson Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
McKesson Corporation's environmental score
Environmental score: 9.12/100
McKesson Corporation's environmental score of 9.12 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that McKesson Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
McKesson Corporation's social score
Social score: 17.15/100
McKesson Corporation's social score of 17.15 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that McKesson Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
McKesson Corporation's governance score
Governance score: 12.53/100
McKesson Corporation's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that McKesson Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
McKesson Corporation's controversy score
Controversy score: 4/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. McKesson Corporation scored a 4 out of 5 for controversy – the second-lowest score possible, reflecting that McKesson Corporation has a damaged public profile.
Environmental, social, and governance (ESG) summary
|Total ESG score||23.8|
|Total ESG percentile||26.02|
|Environmental score percentile||8|
|Social score percentile||8|
|Governance score percentile||8|
|Level of controversy||4|
McKesson Corporation share dividends
Dividend payout ratio: 9.76% of net profits
Recently McKesson Corporation has paid out, on average, around 9.76% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.86% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), McKesson Corporation shareholders could enjoy a 0.86% return on their shares, in the form of dividend payments. In McKesson Corporation's case, that would currently equate to about $1.67 per share.
While McKesson Corporation's payout ratio might seem low, this can signify that McKesson Corporation is investing more in its future growth.
McKesson Corporation's most recent dividend payout was on 30 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 27 May 2021 (the "ex-dividend date").
Have McKesson Corporation's shares ever split?
McKesson Corporation's shares were split on a 2:1 basis on 4 January 1998. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your McKesson Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for McKesson Corporation shares which in turn could have impacted McKesson Corporation's share price.
McKesson Corporation share price volatility
Over the last 12 months, McKesson Corporation's shares have ranged in value from as little as US$138.4139 up to US$204.2173. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while McKesson Corporation's is 0.8766. This would suggest that McKesson Corporation's shares are less volatile than average (for this exchange).
McKesson Corporation overview
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.
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