McKesson MCK Ratios & Valuation
| Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 3.6%-0.1pp | 3.6%-0.3pp | 3.6%-0.4pp | 3.6%-0.6pp | 3.7%-0.4pp | |
| Operating margin | 1.5%+0.3pp | 1.4%+0.2pp | 1.4%+0.3pp | 1.2%-0.1pp | 1.2%0.0pp | |
| Net margin | 1.2%+0.3pp | 1.1%+0.3pp | 1%+0.3pp | 0.8%-0.1pp | 0.9%-0.1pp | |
| EBITDA margin | 1.6%+0.3pp | 1.5%+0.2pp | 1.4%+0.3pp | 1.2%-0.1pp | 1.3%0.0pp | |
| Free cash flow margin | 1.4%-0.1pp | 2.5%+2.0pp | 1.6%— | 1.6%— | 1.5%— | |
| Returns | ||||||
| Return on assets | 6%+1.4pp | 5.6%+1.5pp | 5.2%+1.5pp | 4.1%-0.2pp | 4.6%0.0pp | |
| Efficiency | ||||||
| Asset turnover | 5.1×+0.1× | 5.1×+0.1× | 4.9×+0.2× | 4.9×+0.3× | 5×+0.3× | |
| Inventory turnover | 16.5×+0.8× | 15.1×+0.6× | 14.8×+1.1× | 14.4×+1.3× | 15.7×+1.2× | |
| Liquidity | ||||||
| Current ratio | 0.9×0.0× | 0.9×0.0× | 0.9×0.0× | 0.9×0.0× | 0.9×0.0× | |
| Quick ratio | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | |
| Cash ratio | 0.1×0.0× | 0×0.0× | 0.1×0.0× | 0×0.0× | 0.1×0.0× | |
| Leverage | ||||||
| Debt-to-assets | 0×-0.1× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Net debt / EBITDA | -0.3×-0.9× | 1.1×-0.8× | 1.4×+0.1× | 1.8×+0.6× | 0.6×-0.1× | |
| Interest coverage | 25.1×+8.5× | 24.5×+11.0× | 22.4×+10.7× | 18.5×+4.8× | 16.7×+1.2× | |
| Per Share | ||||||
| Book value per share | -$17.50-8.1% | -$10.49+56.9% | -$13.98+40.1% | -$15.67-16.7% | -$16.19-10.2% | |
| Valuation | ||||||
| Market capitalization | $106B+25.7% | $101.25B+39.9% | $96.09B+49.7% | $90.03B+17.9% | $84.34B+20.2% | |
| Enterprise value | $104.3B+19.6% | $107.99B+33.6% | $103.56B+50.3% | $98.56B+21.0% | $87.21B+19.2% | |
| Price / earnings | 22.3×-3.3× | 23.3×-2.3× | 23.8×-1.5× | 28.5×+2.7× | 25.6×+2.2× | |
| Price / sales | 0.3×0.0× | 0.3×0.0× | 0.2×+0.1× | 0.2×0.0× | 0.2×0.0× | |
| EV / EBITDA | 16.1×-2.6× | 18.3×-0.5× | 18.8×+0.3× | 21.1×+1.2× | 18.7×+1.1× | |
| EV / sales | 0.3×0.0× | 0.3×0.0× | 0.3×+0.1× | 0.3×0.0× | 0.2×0.0× | |
| Free cash flow yield | 5.4%-1.2pp | 9.9%+7.2pp | 6.6%— | 6.7%— | 6.6%— | |
| Earnings yield | 4.5%+0.6pp | 4.3%+0.4pp | 4.2%+0.2pp | 3.5%-0.4pp | 3.9%-0.4pp | |
| Dividend yield | 0.4%0.0pp | 0.4%-0.1pp | 0.4%-0.1pp | 0.4%0.0pp | 0.4%0.0pp | |
| PEG ratio | 0.5×-2.1× | 0.4×— | 0.4×— | 4.1×— | 2.6×— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are McKesson's profit margins?
- McKesson (MCK) runs a 3.6% gross margin and a 1.5% operating margin, with a 1.2% net margin.
- Where do McKesson's ratios come from?
- Every ratio is computed from McKesson's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
