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McKesson MCK Debt-to-assets

Debt-to-assets at other companies

Eli Lilly logo
Eli LillyLLY
0.4×-0.1×
Cardinal Health logo
Cardinal HealthCAH
0.2×0.0×
Cencora logo
CencoraCOR
0.1×0.0×
Viatris logo
ViatrisVTRS
0.4×0.0×
Medline, Inc.
 logo
Medline, Inc. MDLN
0.3×
Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
0.3×0.0×

Other financials

Income statement

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Revenue$96.3B+6.0%
Gross profit$4.0B+11.1%
Operating income$2.2B+35.1%
Net income$1.7B+33.5%
EPS (diluted)$13.65+37.6%

Balance sheet

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Cash & equivalents$4.0B-33.3%
Total debt$2.3B-74.2%
Total equity-$2.2B-4.7%
Total assets$82.3B+9.6%

Cash flow

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Operating cash flow$3.4B-55.9%
CapEx$111.0M-34.3%
Free cash flow$3.3B-56.3%

Valuation

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Market cap$87.88B+25.7%
Enterprise value$86.18B+19.6%
P/E18.5×-2.8×
P/S0.2×0.0×

Profitability

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Gross margin3.6%-0.1pp
Operating margin1.5%+0.3pp
Net margin1.2%+0.3pp

Returns & leverage

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Return on equity36%
Debt / equity
Current ratio0.9×0.0×

Where this comes from

Calculated from McKesson’s reported figures.

Based on the most recent quarter.

The official record: McKesson’s 10-K, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is McKesson's debt-to-assets?
McKesson (MCK) reported debt-to-assets of 0× in Q1 2026.
How has McKesson's debt-to-assets changed year-over-year?
McKesson's debt-to-assets decreased by 76.4% year-over-year, from 0.1× to 0×.
What is the long-term trend for McKesson's debt-to-assets?
Over 4 years (2022 to 2026), McKesson's debt-to-assets has grown at a -6.5% compound annual growth rate (CAGR), from 0.5× to 0.4×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.