Industry: Personal Household Products
Fortune Rank: 14
McKesson Corporation is a health care supply management company. The Company also provides software solutions, technological innovations and comprehensive services to the health care industry. For the 3 months ended 6/30/05, revenues rose 10% to $21.06B. Net income from cont. ops. rose 4% to $170M. Results reflect growth in all segments and addition of new customers, partially offset by a $52M securities litigation charge.
McKesson Corporation (McKesson) provides and supplies, information and care management products and services to the healthcare industry. The Company conducts its business through three segments: the Pharmaceutical Solutions segment, the Medical-Surgical Solutions segment and the Provider Technologies segment. The Pharmaceutical Solutions segment distributes ethical drugs, and health and beauty care products throughout North America. McKesson's Medical-Surgical Solutions segment distributes medical-surgical supplies, first-aid products and equipment within the United States and Canada. The Provider Technologies segment delivers enterprise-wide patient care, clinical, financial, supply chain, managed care and strategic management software solutions and automated pharmaceutical dispensing systems to healthcare organizations throughout North America, the United Kingdom and other European countries.
McKesson Corporation is a Fortune 500 company. In 2010 McKesson Corporation was ranked number 14 on the Fortune 500 list, making it the 14th largest company in the United States when judged by revenue.
McKesson Corporation achieved revenue of $106,632.00 million in 2010 and earned a profit of $823.00 million.
McKesson Corporation' rank improves
The company ranking improved in 2010, moving up the Fortune 500 list to 14th compared to 15th in 2009. This was based on its 2009 revenue of $101,703 million (a change of 5 million compared to 2010) and profits of $990 million (a change of $-167 million compared to 2009).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then McKesson Corporation would be ranked 162nd rather than 14th due to its profits of $823 in 2010.
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