McKesson Corporation vs PPG Industries, Inc. — how do they compare? McKesson Corporation trades at $898.01 (market cap $105.14B), while PPG Industries, Inc. trades at $115.82 (market cap $25.82B). The key difference: McKesson Corporation is far larger — about 4.1× PPG Industries, Inc.'s market cap, and PPG Industries, Inc. pays the higher dividend (2.55%). Which is the better fit depends on your goals.
| MCK | PPG | |
|---|---|---|
Market Cap | $105.14B | $25.82B |
Sector | Health | Basic Materials |
52-Week High | $995.69 | $131.56 |
52-Week Low | $659.01 | $94.34 |
Enterprise Value | $111.67B | $31.69B |
Dividend Yield | 0.42% | 2.55% |
Trailing returns across standard periods
McKesson is a leading wholesaler of branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospitals networks, and healthcare providers. Along with AmerisourceBergen and Cardinal Health, the three account for well over 90% of the U.S. pharmaceutical wholesale industry. McKesson is currently divesting from its pharmaceutical wholesale and distribution in Europe and Canada in order to redeploy capital to strategic growth areas in the U.S. (oncology network and ecosystem, and biopharma services). Additionally, the company supplies medical-surgical products and equipment to healthcare facilities and provides a variety of technology solutions for pharmacies.
Read more on MCK →PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.
Read more on PPG →