McKesson Corporation (MCK) Shares Soar 0.63% to Record High on Strong Earnings

McKesson Corporation (MCK) shares surged to a record high today, with an intraday gain of 0.63%.

The strategy of buying MCK shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years. The 5-year total return was 445.59%, with an average annual return of 16.53%. This indicates that while the strategy captured some of the long-term growth, it may not have fully optimized the potential of the stock's upward trend.

McKesson's stock price has been influenced by several recent factors. The company's shares gained following the release of its fourth-quarter fiscal 2025 earnings on May 9, 2025, signaling strong financial performance. The earnings report highlighted a projected revenue growth guidance of 11% to 15% for fiscal 2026 and plans to separate its Medical Surgical division, which has contributed to the stock's all-time high of $728.49.

McKesson has demonstrated robust earnings and revenue growth, with earnings per share (EPS) surging 63.75% year-over-year in the latest quarter. This strong financial performance has been a key driver of the company's positive stock performance. Additionally, McKesson generated $5.2 billion in free cash flow for fiscal 2025 and returned $3.5 billion to shareholders, further bolstering investor confidence and contributing to the recent stock price gains.