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BTSG vs. MCK: BrightSpring Health Services vs. McKesson Stock Comparison

How do BrightSpring Health Services (BTSG) and McKesson (MCK) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

BrightSpring Health Services (BTSG) and McKesson (MCK) both belong to the Health Care Providers & Services industry, though BTSG is classified under Health Care Services while MCK falls under Health Care Distributors.

McKesson (MCK) carries decades of public-market history since November 10, 1994, while BrightSpring Health Services (BTSG) listed on January 26, 2024 — long-window comparisons have far more historical data on the MCK side.

Company profile comparison for BrightSpring Health Services (BTSG) and McKesson (MCK)
Profile ItemBTSGMCK
NameBrightSpring Health Services, Inc.McKesson Corporation
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Providers & ServicesHealth Care Providers & Services
GICS Sub-IndustryHealth Care ServicesHealth Care Distributors
Market Capitalization13.36 billion USD122.48 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJanuary 26, 2024November 10, 1994
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

BTSG
MCK
GSPC
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BrightSpring Health Services (BTSG) vs. McKesson (MCK), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for BrightSpring Health Services (BTSG) and McKesson (MCK). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for BrightSpring Health Services (BTSG) and McKesson (MCK). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for BrightSpring Health Services (BTSG) and McKesson (MCK)
MetricBTSGMCK
Total Return (1Y)106.02%25.40%
Total Return (3Y, Annualized)--32.67%
Total Return (5Y, Annualized)--37.84%

Risk Profile

Drawdown History

BTSG
MCK
GSPC
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BrightSpring Health Services (BTSG) vs. McKesson (MCK), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for BrightSpring Health Services (BTSG) and McKesson (MCK). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

BrightSpring Health Services (BTSG) has an aggressive beta of 1.75, indicating higher sensitivity to broad-market moves, while McKesson (MCK) is defensive at 0.26 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.

Risk profile metrics for BrightSpring Health Services (BTSG) and McKesson (MCK)
MetricBTSGMCK
Volatility (1Y, Annualized)45.20%31.71%
Beta (5Y)1.750.26
Max Drawdown (5Y)-35.56%-27.17%
Avg. Volume (3M)2.47M822.69K

Risk-Adjusted Performance

Risk-Return Positioning

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BTSG and MCK are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for BrightSpring Health Services (BTSG) and McKesson (MCK)
MetricBTSGMCK
Sharpe Ratio (1Y)2.250.67
Sortino Ratio (1Y)3.251.15

Profitability

ROE (TTM)

Capital efficiency shows on one side only: BrightSpring Health Services (BTSG) earns 15.54% on shareholders’ equity, ranked against its industry; McKesson (MCK) has no ROE this period.

BTSG

Health Care Equipment & Services industry group

15.54%

Max
47.61%
BTSG
15.54%
Q3
14.36%
Median
5.45%
Q1
-10.67%
Min
-47.01%

MCK

Health Care Equipment & Services industry group

--

Max
47.61%
Q3
14.36%
Median
5.45%
Q1
-10.67%
Min
-47.01%
MCK
--
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BrightSpring Health Services (BTSG) vs. McKesson (MCK): MCK does not report ROE, so it has no value marker; BTSG is benchmarked against the Health Care Equipment & Services industry group.

Net Margin (TTM)

Both BrightSpring Health Services (BTSG) at 2.69% and McKesson (MCK) at 1.12% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

BTSG

Health Care Equipment & Services industry group

2.69%

Max
29.35%
Q3
9.33%
BTSG
2.69%
Median
2.18%
Q1
-6.29%
Min
-28.46%

MCK

Health Care Equipment & Services industry group

1.12%

Max
29.35%
Q3
9.33%
Median
2.18%
MCK
1.12%
Q1
-6.29%
Min
-28.46%
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BrightSpring Health Services (BTSG) vs. McKesson (MCK): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Both BrightSpring Health Services (BTSG) at 3.81% and McKesson (MCK) at 1.48% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

BTSG

Health Care Equipment & Services industry group

3.81%

Max
35.43%
Q3
14.14%
Median
6.81%
BTSG
3.81%
Q1
-0.28%
Min
-16.29%

MCK

Health Care Equipment & Services industry group

1.48%

Max
35.43%
Q3
14.14%
Median
6.81%
MCK
1.48%
Q1
-0.28%
Min
-16.29%
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BrightSpring Health Services (BTSG) vs. McKesson (MCK): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for BrightSpring Health Services (BTSG) and McKesson (MCK)
MetricBTSGMCK
ROE (TTM)15.54%--
ROA (TTM)5.44%4.72%
Net Margin (TTM)2.69%1.12%
Operating Margin (TTM)3.81%1.48%
Gross Margin (TTM)12.50%3.65%

Growth

Revenue Growth

BrightSpring Health Services (BTSG) at 28.18% sits in the top revenue growth quartile, while McKesson (MCK) at 12.36% is closer to the peer norm — faster top-line expansion for BTSG.

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BrightSpring Health Services (BTSG) vs. McKesson (MCK): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: McKesson (MCK) reports EPS growth of 49.22%, ranked against its industry; BrightSpring Health Services (BTSG) has no EPS growth figure this period.

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BrightSpring Health Services (BTSG) vs. McKesson (MCK): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for BrightSpring Health Services (BTSG) and McKesson (MCK)
MetricBTSGMCK
Revenue Growth (YoY)28.18%12.36%
Revenue Growth (3Y CAGR)18.69%13.39%
EPS Growth (YoY)--49.22%
EPS Growth (3Y CAGR)--15.31%

Financial Strength

Current Ratio (MRQ)

BrightSpring Health Services (BTSG) at 1.62 keeps current ratio within its industry’s typical mid-range, while McKesson (MCK) at 0.90 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for MCK.

BTSG

Health Care Equipment & Services industry group

1.62

Max
7.59
Q3
4.00
Median
1.98
BTSG
1.62
Q1
1.37
Min
0.30

MCK

Health Care Equipment & Services industry group

0.90

Max
7.59
Q3
4.00
Median
1.98
Q1
1.37
MCK
0.90
Min
0.30
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BrightSpring Health Services (BTSG) vs. McKesson (MCK): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: BrightSpring Health Services (BTSG) carries debt-to-equity ratio of 1.09 against its industry range, while McKesson (MCK) reports no figure this period.

BTSG

Health Care Equipment & Services industry group

1.09

Max
1.88
BTSG
1.09
Q3
0.91
Median
0.58
Q1
0.16
Min
0.00

MCK

Health Care Equipment & Services industry group

--

Max
1.88
Q3
0.91
Median
0.58
Q1
0.16
Min
0.00
MCK
--
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BrightSpring Health Services (BTSG) vs. McKesson (MCK): MCK does not report debt-to-equity ratio, so it has no value marker; BTSG is benchmarked against the Health Care Equipment & Services industry group.

Financial Strength Metrics

Financial strength metrics for BrightSpring Health Services (BTSG) and McKesson (MCK)
MetricBTSGMCK
Current Ratio (MRQ)1.620.90
Debt / Equity (MRQ)1.09--
Net Debt / EBITDA2.390.64

Dividends

Dividend Yield (TTM)

BrightSpring Health Services (BTSG) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile McKesson (MCK) reports a yield of 0.32%, ranking against industry peers normally.

BTSG

Health Care Equipment & Services industry group

0.00%

BTSG
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

MCK

Health Care Equipment & Services industry group

0.32%

MCK
0.32%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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BrightSpring Health Services (BTSG) vs. McKesson (MCK): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

BrightSpring Health Services (BTSG) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile McKesson (MCK) reports a payout of 8.77%, ranking against industry peers normally.

BTSG

Health Care Equipment & Services industry group

0.00%

BTSG
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

MCK

Health Care Equipment & Services industry group

8.77%

MCK
8.77%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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BrightSpring Health Services (BTSG) vs. McKesson (MCK): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for BrightSpring Health Services (BTSG) and McKesson (MCK)
MetricBTSGMCK
Dividend Yield (TTM)0.00%0.32%
Dividend Payout Ratio (TTM)0.00%8.77%

Valuation

P/E Ratio (TTM)

Both BrightSpring Health Services (BTSG) at 47.62 and McKesson (MCK) at 27.36 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

BTSG

Health Care Equipment & Services industry group

47.62

Max
80.41
BTSG
47.62
Q3
47.62
Median
29.93
Q1
21.19
Min
4.21

MCK

Health Care Equipment & Services industry group

27.36

Max
80.41
Q3
47.62
Median
29.93
MCK
27.36
Q1
21.19
Min
4.21
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BrightSpring Health Services (BTSG) vs. McKesson (MCK): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

Both BrightSpring Health Services (BTSG) at 0.88 and McKesson (MCK) at 0.29 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.

BTSG

Health Care Equipment & Services industry group

0.88

Max
8.80
Q3
4.32
Median
2.13
Q1
1.10
BTSG
0.88
Min
0.03

MCK

Health Care Equipment & Services industry group

0.29

Max
8.80
Q3
4.32
Median
2.13
Q1
1.10
MCK
0.29
Min
0.03
Loading chart…
BrightSpring Health Services (BTSG) vs. McKesson (MCK): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

McKesson (MCK) reports a negative P/B ratio of -30.85, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile BrightSpring Health Services (BTSG) reports 6.39, ranking against industry peers normally.

BTSG

Health Care Equipment & Services industry group

6.39

Max
11.68
BTSG
6.39
Q3
6.12
Median
3.00
Q1
1.73
Min
-1.31

MCK

Health Care Equipment & Services industry group

-30.85

Max
11.68
Q3
6.12
Median
3.00
Q1
1.73
Min
-1.31
MCK
-30.85
Loading chart…
BrightSpring Health Services (BTSG) vs. McKesson (MCK): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for BrightSpring Health Services (BTSG) and McKesson (MCK)
MetricBTSGMCK
P/E Ratio (TTM)47.6227.36
P/S Ratio (TTM)0.880.29
P/B Ratio (MRQ)6.39-30.85
Free Cash Flow Yield (TTM)8.30%6.04%