McKesson Corporation

McKesson Corporation

MCKยทNYSE

$739.53

+0.37%
HealthcareMedical - Distribution

McKesson Corporation provides healthcare services 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 serves biopharma and life sciences partners and patients to address medication challenges for patients throughout their journeys; connects pharmacies, providers, payers, and biopharma companies to deliver innovative access and adherence solutions; and provides third-party logistics and wholesale distribution support solutions. McKesson Corporation was founded in 1833 and is headquartered in Irving, Texas.

At a Glance

Live Snapshot
Market Cap$88.89B
EPS38.5500
P/E Ratio19.18
Earnings Date08/05/2026
McKesson Corporation

McKesson Corporation Fair Value Envelope

MCK ยท NYSE

Our analysis suggests that MCK has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $739.53, this represents a potential HIDDEN relative to our calculated worth for McKesson Corporation.

Intrinsic Value
Current Price: $739.53

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$351.1B
+ Cash & Equivalents$5.7B
Firm Value$356.8B
- Debt$7.4B
Equity Value$349.4B
/ Shares Outstanding124,999,995B
DCF Value$2.8K
UNDERVALUED BY 278%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$7.2B
$8.5B
$10.1B
$11.8B
$13.9B
$16.4B
$19.3B
$22.8B
$26.8B
$31.6B
Maintenance CapEx
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
Owner Earnings
$7.2B
$8.5B
$10.1B
$11.8B
$13.9B
$16.4B
$19.3B
$22.8B
$26.8B
$31.6B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$6.7B
$7.3B
$8.0B
$8.7B
$9.5B
$10.4B
$11.3B
$12.3B
$13.4B
$14.6B
Terminal Value represents 70.9% of Enterprise Value