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15. McKesson
Financials: Latest Results
Rank: 15 (Previous rank: 18)
Compare tool: McKesson vs. Top 10
CEO: John H. Hammergren
Address: 1 Post St.
San Francisco, CA 94104
Phone: 415-983-8300
Website: www.mckesson.com
With its tiny margins, drug distribution is a hard business to get into, but it's a good one to be in when times get tough: People still need their meds, after all. That's why McKesson ended 2008 on a high note: Earnings for the final fiscal quarter of the year jumped 54%, excluding charges.

Last November, the company cleared up a few clouds that had been hanging overhead for years by settling allegations of price-fixing going back to 2001. It paid $350 million and is setting aside another $143 million in reserves to handle any future claims. Now McKesson has to deal with President Obama's plan for health care reform. - J.R.

  $ millions % change from 2007
Revenues 101,703.0 8.7
Profits 990.0 8.4
Assets 24,603.0
Stockholders' equity 6,121.0
Market value (3/27/2009) 9,989.4
Profits as % of  
Revenues 1.0
Assets 4.0
Stockholders' equity 16.2
Earnings per share  
2008 $ 3.32
% change from 2007 11.0
1998-2008 annual growth rate % 7.6
Total return to investors %
2008 -40.5
1998-2008 annual rate -6.2
Rank Company 500
($ millions)
1 McKesson 15 101,703.0
2 Cardinal Health 18 91,091.4
3 AmerisourceBergen 26 70,593.5
4 Owens & Minor 339 7,337.6
5 Henry Schein 389 6,407.6
6 Patterson 687 2,998.7
7 PSS World Medical 946 1,855.8
Issue date: May 4, 2009
Figures are for fiscal year ended March 31, 2008.
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Texas 64
New York 56
California 51
Company 2008 $ (millions)
Exxon Mobil $45,220.0
Chevron $23,931.0
Microsoft $17,681.0
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
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