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McKesson MCK Free cash flow margin

Free cash flow margin at other companies

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1.7%+0.6pp
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1.1%+1.0pp
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31.8%+5.0pp
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ViatrisVTRS
12.3%-1.0pp

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-55.8%
CapEx$111.0M-34.3%
Free cash flow$3.3B-56.3%

Valuation

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Market cap$100.24B+12.9%
Enterprise value$98.54B+1.3%
P/E21.1×-7.0×
P/S0.3×0.0×

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 trailing twelve months.

The source filing: McKesson’s 10-K, filed May 8, 2026. Open the filing →

Filed
May 7, 2026, 8:00 PM EDT
Fiscal year
FY2026
Accession
0000927653-26-000069

FAQ

What is McKesson's free cash flow margin?
McKesson (MCK) reported free cash flow margin of 1.4% in Q1 2026.
How has McKesson's free cash flow margin changed year-over-year?
McKesson's free cash flow margin decreased by 8.3% year-over-year, from 1.5% to 1.4%.
What is the long-term trend for McKesson's free cash flow margin?
Over 4 years (2021 to 2026), McKesson's free cash flow margin has grown at a -4.7% compound annual growth rate (CAGR), from 1.7% to 1.4%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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