Cencora, Inc. (COR) vs McKesson Corporation (MCK)

Cencora, Inc. and McKesson Corporation are both Medical Distribution companies. McKesson Corporation is the larger, with a market value of $125.0B against $64.8B — 1.9× the size. Cencora, Inc. trades at the lower P/E: 18.8× against 27.5×. McKesson Corporation grew revenue faster over the last twelve months: 8.19% against 5.00%. McKesson Corporation has the higher net margin (1.12% vs 1.03%) and the higher return on invested capital (114.2% vs 24.4%). Both pay a dividend; Cencora, Inc. yields more (0.71% vs 0.32%). Across the 22 metrics below, Cencora, Inc. leads on 13 and McKesson Corporation on 9.

Valuation

Metric COR MCK Medical Distribution median
P/E 18.83 27.50 —
P/S 0.19 0.30 0.27
P/B 20.02 n/m —
Price to free cash flow 16.71 18.19 —
EV/EBITDA 17.33 17.70 17.33
EV/Sales 0.21 0.32 0.86
Earnings yield 5.31% 3.64% (13.85%)
Free cash flow yield 5.99% 5.50% (6.11%)

Profitability

Metric COR MCK Medical Distribution median
Gross margin 4.11% 3.67% 5.74%
Operating margin 1.16% 1.60% 0.00%
Net margin 1.03% 1.12% (11.41%)
Free cash flow margin 1.15% 1.64% (0.36%)
Return on equity 0.00% (190.51%) 0.00%
Return on assets 4.26% 5.33% (1.95%)
Return on invested capital 24.40% 114.15% 0.00%

Growth

Metric COR MCK Medical Distribution median
Revenue growth (TTM) 5.00% 8.19% 6.15%
EPS growth (last fiscal year) 126.64% 49.22% 5.18%
Revenue growth, 5-year CAGR 9.53% 11.11% 8.18%
Net income growth, 5-year CAGR 17.74% 0.00% 0.00%

Health

Metric COR MCK Medical Distribution median
Debt to equity 3.06 (3.85) (0.66)
Current ratio 0.94 0.90 0.99
Net debt to EBITDA 1.62 1.10 (0.10)

Dividend

Metric COR MCK Medical Distribution median
Dividend yield 0.71% 0.32% —
Payout ratio 0.13 0.09 —

Size

Metric COR MCK Medical Distribution median
Market cap 64.82b 124.98b 97.81m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack