McKesson Corp

MCK: XNYS (USA)

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McKesson's Long-Term Strength Is Underpinned by GLP-1s, Specialty Investments, and Customer Wins

Keonhee Kim

Feb 5, 2026

Business Strategy and Outlook

McKesson is one of three leading domestic wholesalers of branded, generic, and specialty pharmaceutical products. With over $300 billion in sales, the firm supplies roughly a third of the domestic drug distribution market. Together with Cardinal Health and Cencora, the three operate as a pharmaceutical wholesale and distribution oligopoly, supplying over 90% of the US market.

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McKesson Corp

McKesson's Long-Term Strength Is Underpinned by GLP-1s, Specialty Investments, and Customer Wins

Business Strategy and Outlook

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