Sunday, November 8, 2026
TGOs

The business of defense

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Company

McKesson Corporation

McKesson is a diversified healthcare services company that works with biopharma companies, care providers, pharmacies, manufacturers and governments. ↗

HeadquartersIrving, TX ↗
Founded1833 ↗
LeadershipBrian S. Tyler, Chief Executive Officer ↗
EmployeesMore than 43,000 ↗
Revenue$403.4 billion (fiscal 2026) ↗
Department of War obligations$3.5 billion in prime contracts since fiscal 2022 ↗
OwnershipMcKesson is publicly traded, and Apollo Funds agreed in April 2026 to buy about a 13% minority stake in its Medical-Surgical Solutions segment for about $1.25 billion of convertible preferred equity ↗
SharesMCK ↗
Websitewww.mckesson.com ↗

Products

  • The U.S. Oncology Network is one of the largest networks of physician-led, community-based oncology practices in the U.S., supported by McKesson. ↗
  • ClarusONE Sourcing Services is McKesson's generic drug sourcing joint venture with Walmart. ↗
  • InspiroGene is McKesson's cell and gene therapy services business. ↗
  • McKesson's own brand of medical-surgical products spans more than 4,000 items. ↗

Customers

  • CVS Health is McKesson's largest customer, at about 24% of fiscal 2026 revenue, under a pharmaceutical distribution partnership extended to June 2027. ↗
  • McKesson's ten largest customers, including group purchasing organizations, made up about 73% of fiscal 2026 revenue. ↗

Acquisitions

  • McKesson acquired a 70% controlling interest in Community Oncology Revitalization Enterprise Ventures, the business services organization of Florida Cancer Specialists & Research Institute, for $2.5 billion in cash on June 2, 2025. ↗
  • McKesson acquired an 80% interest in PRISM Vision Holdings, an ophthalmology and retina administrative services provider, for $875 million in cash on April 1, 2025. ↗

Segments

  • McKesson reports four segments: North American Pharmaceutical, Oncology & Multispecialty, Prescription Technology Solutions and Medical-Surgical Solutions. ↗
  • The Medical-Surgical Solutions segment supplies medical-surgical products and laboratory equipment to more than 336,000 U.S. non-acute and alternate-site customers, and McKesson has announced its intention to separate it into an independent company. ↗