With McKesson Corporation (NYSE:MCK) It Looks Like You'll Get What You Pay For
May 09
U.S. Healthcare Distributors Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies24
- 7D-1.7%
- 3M-2.9%
- 1Y19.1%
- YTDn/a
Over the last 7 days, the Healthcare Distributors industry has dropped 4.2%, driven by Cencora declining 5.1%. Over the past 12 months, the industry was up 21%. Earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the U.S. Healthcare Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | US$60.2b | US$310.4b | US$1.6b | 24.1x | 37.2x | 0.2x |
| Sat, 06 Apr 2024 | US$64.3b | US$305.2b | US$1.7b | 24.2x | 38.4x | 0.2x |
| Mon, 04 Mar 2024 | US$63.8b | US$305.2b | US$1.7b | 24.5x | 38.1x | 0.2x |
| Wed, 31 Jan 2024 | US$62.4b | US$300.6b | US$1.8b | 21.8x | 35.2x | 0.2x |
| Fri, 29 Dec 2023 | US$59.4b | US$300.6b | US$1.8b | 17.7x | 33.3x | 0.2x |
| Sun, 26 Nov 2023 | US$58.6b | US$300.6b | US$1.8b | 17.5x | 32.6x | 0.2x |
| Tue, 24 Oct 2023 | US$55.7b | US$292.5b | US$2.2b | 16.5x | 25.6x | 0.2x |
| Thu, 21 Sep 2023 | US$56.0b | US$292.6b | US$2.2b | 17.2x | 25.7x | 0.2x |
| Sat, 19 Aug 2023 | US$56.6b | US$292.5b | US$2.2b | 18.6x | 26.1x | 0.2x |
| Mon, 17 Jul 2023 | US$59.8b | US$285.4b | US$2.2b | 18.4x | 27.8x | 0.2x |
| Wed, 14 Jun 2023 | US$56.1b | US$285.3b | US$2.2b | 17.3x | 26x | 0.2x |
| Fri, 12 May 2023 | US$54.3b | US$285.3b | US$2.1b | 21.1x | 25.4x | 0.2x |
| Sun, 09 Apr 2023 | US$20.5b | US$37.7b | US$670.3m | 20.7x | 30.6x | 0.5x |
| Tue, 07 Mar 2023 | US$20.4b | US$37.7b | US$670.3m | 19.2x | 30.5x | 0.5x |
| Thu, 02 Feb 2023 | US$23.3b | US$37.5b | US$843.8m | 16.7x | 27.7x | 0.6x |
| Sat, 31 Dec 2022 | US$21.8b | US$37.5b | US$860.6m | 15.3x | 25.3x | 0.6x |
| Mon, 28 Nov 2022 | US$22.4b | US$37.5b | US$856.7m | 14.6x | 26.1x | 0.6x |
| Wed, 26 Oct 2022 | US$20.3b | US$37.6b | US$991.0m | 13.4x | 20.5x | 0.5x |
| Fri, 23 Sep 2022 | US$20.3b | US$37.6b | US$991.0m | 12.7x | 20.5x | 0.5x |
| Sun, 21 Aug 2022 | US$22.6b | US$37.7b | US$1.0b | 15.6x | 22.5x | 0.6x |
| Tue, 19 Jul 2022 | US$52.7b | US$267.1b | US$2.8b | 14.5x | 18.7x | 0.2x |
| Thu, 16 Jun 2022 | US$52.0b | US$267.1b | US$2.8b | 14.3x | 18.7x | 0.2x |
| Sat, 14 May 2022 | US$54.6b | US$267.0b | US$2.8b | 16.1x | 19.5x | 0.2x |
| Mon, 11 Apr 2022 | US$41.8b | US$208.0b | US$1.6b | 17.2x | 25.8x | 0.2x |
| Wed, 09 Mar 2022 | US$41.5b | US$208.0b | US$1.6b | 17x | 25.5x | 0.2x |
| Fri, 04 Feb 2022 | US$39.9b | US$203.4b | US$2.1b | 16.9x | 18.9x | 0.2x |
| Sun, 02 Jan 2022 | US$41.7b | US$203.4b | US$2.1b | 17.2x | 19.8x | 0.2x |
| Tue, 30 Nov 2021 | US$39.3b | US$203.3b | US$2.1b | 16.3x | 18.6x | 0.2x |
| Thu, 28 Oct 2021 | US$39.6b | US$197.2b | US$1.4b | 17.5x | 28.7x | 0.2x |
| Sat, 25 Sep 2021 | US$40.8b | US$197.2b | US$1.4b | 18x | 29.6x | 0.2x |
| Mon, 23 Aug 2021 | US$41.4b | US$197.7b | US$1.4b | 17.4x | 29.2x | 0.2x |
| Sat, 10 Jul 2021 | US$44.6b | US$197.3b | US$1.4b | 17.2x | 31.7x | 0.2x |
Price to Earnings Ratio
-26.8x
Current Industry PE
- Investors are optimistic on the American Healthcare Distributors industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 37.2x which is higher than its 3-year average PE of 25.3x.
- The industry is trading close to its 3-year average PS ratio of 0.29x.
Past Earnings Growth
- Total earnings for the Healthcare Distributors industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 10% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Comparison
How does U.S. Healthcare Distributors compare with similar industries?
| US Market | 3.30% | |
| Healthcare | 0.69% | |
| Healthcare Services | 1.71% | |
| Healthcare Distributors | -1.70% | |
| Managed Healthcare | 3.44% | |
| Healthcare Facilities | 1.72% | |
| Healthcare Services | -1.67% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MCK McKesson | US$543.61 | 2.4% +US$1.6b | 37.8% | PE23.8x | |
| HSIC Henry Schein | US$72.76 | 5.8% +US$511.5m | -4.5% | PE24.1x | |
| PDCO Patterson Companies | US$25.87 | 1.7% +US$37.6m | -1.6% | PE12x | |
| PETQ PetIQ | US$17.65 | 4.6% +US$23.0m | 31.0% | PE244.2x | |
| VRAX Virax Biolabs Group | US$0.76 | 17.0% +US$260.0k | -78.5% | PS22.6x |
