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GH vs. MCK: Guardant Health vs. McKesson Stock Comparison

How do Guardant Health (GH) 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

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

Company profile comparison for Guardant Health (GH) and McKesson (MCK)
Profile ItemGHMCK
NameGuardant Health, 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 Capitalization20.41 billion USD122.48 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateOctober 4, 2018November 10, 1994
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

GH
MCK
GSPC
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Guardant Health (GH) 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 Guardant Health (GH) and McKesson (MCK). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Guardant Health (GH) and McKesson (MCK)
MetricGHMCK
Total Return (1Y)66.53%25.40%
Total Return (3Y, Annualized)92.76%32.67%
Total Return (5Y, Annualized)8.36%37.84%

Risk Profile

Drawdown History

GH
MCK
GSPC
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Guardant Health (GH) 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 Guardant Health (GH) and McKesson (MCK). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Guardant Health (GH) has an aggressive beta of 1.69, 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 Guardant Health (GH) and McKesson (MCK)
MetricGHMCK
Volatility (1Y, Annualized)53.23%31.71%
Beta (5Y)1.690.26
Max Drawdown (5Y)-85.09%-27.17%
Avg. Volume (3M)1.97M822.69K

Risk-Adjusted Performance

Risk-Return Positioning

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GH 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 Guardant Health (GH) and McKesson (MCK)
MetricGHMCK
Sharpe Ratio (1Y)1.170.67
Sortino Ratio (1Y)1.841.15

Profitability

ROE (TTM)

Neither Guardant Health (GH) nor McKesson (MCK) reports a ROE value for this period, so a direct comparison isn’t possible.

GH

Health Care Equipment & Services industry group

--

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

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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Guardant Health (GH) vs. McKesson (MCK): Neither stock reports ROE, so the chart shows available benchmark boxes without value markers.

Net Margin (TTM)

Guardant Health (GH) reports a negative net margin of -37.93%, usually indicating a net loss over the period. Meanwhile McKesson (MCK) reports 1.12%, ranking against industry peers normally.

GH

Health Care Equipment & Services industry group

-37.93%

Max
29.35%
Q3
9.33%
Median
2.18%
Q1
-6.29%
Min
-28.46%
GH
-37.93%

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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Guardant Health (GH) vs. McKesson (MCK): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Guardant Health (GH) reports a negative operating margin of -37.06%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile McKesson (MCK) reports 1.48%, ranking against industry peers normally.

GH

Health Care Equipment & Services industry group

-37.06%

Max
35.43%
Q3
14.14%
Median
6.81%
Q1
-0.28%
Min
-16.29%
GH
-37.06%

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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Guardant Health (GH) vs. McKesson (MCK): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Guardant Health (GH) and McKesson (MCK)
MetricGHMCK
ROE (TTM)----
ROA (TTM)-19.92%4.72%
Net Margin (TTM)-37.93%1.12%
Operating Margin (TTM)-37.06%1.48%
Gross Margin (TTM)65.19%3.65%

Growth

Revenue Growth

Guardant Health (GH) at 32.88% sits in the top revenue growth quartile, while McKesson (MCK) at 12.36% is closer to the peer norm — faster top-line expansion for GH.

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Guardant Health (GH) 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; Guardant Health (GH) has no EPS growth figure this period.

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Guardant Health (GH) vs. McKesson (MCK): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Guardant Health (GH) and McKesson (MCK)
MetricGHMCK
Revenue Growth (YoY)32.88%12.36%
Revenue Growth (3Y CAGR)29.75%13.39%
EPS Growth (YoY)--49.22%
EPS Growth (3Y CAGR)--15.31%

Financial Strength

Current Ratio (MRQ)

Guardant Health (GH) at 3.60 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.

GH

Health Care Equipment & Services industry group

3.60

Max
7.59
Q3
4.00
GH
3.60
Median
1.98
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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Guardant Health (GH) vs. McKesson (MCK): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Neither Guardant Health (GH) nor McKesson (MCK) reports a debt-to-equity ratio value for this period, so a direct comparison isn’t possible.

GH

Health Care Equipment & Services industry group

--

Max
1.88
Q3
0.91
Median
0.58
Q1
0.16
Min
0.00
GH
--

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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Guardant Health (GH) vs. McKesson (MCK): Neither stock reports debt-to-equity ratio, so the chart shows available benchmark boxes without value markers.

Financial Strength Metrics

Financial strength metrics for Guardant Health (GH) and McKesson (MCK)
MetricGHMCK
Current Ratio (MRQ)3.600.90
Debt / Equity (MRQ)----
Net Debt / EBITDA--0.64

Dividends

Dividend Yield (TTM)

Guardant Health (GH) 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.

GH

Health Care Equipment & Services industry group

0.00%

GH
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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Guardant Health (GH) vs. McKesson (MCK): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Guardant Health (GH) 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.

GH

Health Care Equipment & Services industry group

0.00%

GH
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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Guardant Health (GH) vs. McKesson (MCK): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Guardant Health (GH) and McKesson (MCK)
MetricGHMCK
Dividend Yield (TTM)0.00%0.32%
Dividend Payout Ratio (TTM)0.00%8.77%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: McKesson (MCK) trades at 27.36 times trailing earnings, ranked against its peers, while Guardant Health (GH) has no P/E ratio this period.

GH

Health Care Equipment & Services industry group

--

Max
80.41
Q3
47.62
Median
29.93
Q1
21.19
Min
4.21
GH
--

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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Guardant Health (GH) vs. McKesson (MCK): GH does not report P/E ratio, so it has no value marker; MCK is benchmarked against the Health Care Equipment & Services industry group.

P/S Ratio (TTM)

McKesson (MCK) at 0.29 sits in the cheaper P/S ratio quartile while Guardant Health (GH) at 15.96 prices above its industry range — a wide gap in sales valuation between them.

GH

Health Care Equipment & Services industry group

15.96

GH
15.96
Max
8.80
Q3
4.32
Median
2.13
Q1
1.10
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
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Guardant Health (GH) vs. McKesson (MCK): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

Both Guardant Health (GH) at -73.67 and McKesson (MCK) at -30.85 report negative P/B ratio values, meaning both companies have negative book equity — neither multiple is meaningful for valuation.

GH

Health Care Equipment & Services industry group

-73.67

Max
11.68
Q3
6.12
Median
3.00
Q1
1.73
Min
-1.31
GH
-73.67

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
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Guardant Health (GH) vs. McKesson (MCK): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Guardant Health (GH) and McKesson (MCK)
MetricGHMCK
P/E Ratio (TTM)--27.36
P/S Ratio (TTM)15.960.29
P/B Ratio (MRQ)-73.67-30.85
Free Cash Flow Yield (TTM)-0.30%6.04%