McKesson MCK Ratios & Valuation
| FY'26 | FY'25 | FY'24 | FY'23 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 14.3%-1.4pp | 15.7%-1.2pp | 16.8%-1.9pp | 18.7%-1.6pp | |
| Operating margin | 5.5%+0.8pp | 4.7%-0.8pp | 5.5%+0.4pp | 5.1%— | |
| Net margin | 4.2%+0.7pp | 3.4%-1.0pp | 4.5%+0.8pp | 3.7%+6.5pp | |
| EBITDA margin | 5.7%+0.8pp | 5%-0.9pp | 5.9%+0.4pp | 5.5%— | |
| Free cash flow margin | 7.2%— | —— | —— | 6.6%+0.1pp | |
| Returns | |||||
| Return on assets | 20.9%+4.2pp | 16.8%-3.9pp | 20.6%+4.5pp | 16.1%+27.3pp | |
| Efficiency | |||||
| Asset turnover | 20.1×+0.7× | 19.4×+1.0× | 18.4×+1.1× | 17.3×+1.0× | |
| Inventory turnover | 60.8×+3.9× | 56.9×+2.0× | 55×+1.9× | 53.1×+1.8× | |
| Liquidity | |||||
| Current ratio | 3.5×-0.1× | 3.6×-0.1× | 3.7×-0.1× | 3.8×-0.1× | |
| Quick ratio | 2×0.0× | 2×-0.1× | 2×-0.1× | 2.1×-0.1× | |
| Cash ratio | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.3×0.0× | |
| Leverage | |||||
| Debt-to-assets | 0.4×0.0× | 0.5×0.0× | 0.5×-0.1× | 0.5×0.0× | |
| Net debt / EBITDA | 4.1×-1.1× | 5.1×+0.9× | 4.3×-1.4× | 5.7×— | |
| Interest coverage | 90.5×+35.0× | 55.6×-9.1× | 64.6×-3.3× | 67.9×— | |
| Per Share | |||||
| Book value per share | -$57.65+25.4% | -$77.31-39.6% | -$55.39+1.9% | -$56.47-87.2% | |
| Valuation | |||||
| Market capitalization | $393.37B+32.4% | $297.2B+20.3% | $247.13B+25.4% | $197.12B+37.4% | |
| Enterprise value | $414.41B+30.1% | $318.41B+19.9% | $265.48B+22.4% | $216.92B+30.7% | |
| Price / earnings | 97.9×-4.4× | 102.3×+26.5× | 75.8×-12.0× | 87.8×— | |
| Price / sales | 1×+0.1× | 0.9×0.0× | 0.8×+0.1× | 0.7×+0.2× | |
| EV / EBITDA | 74.4×-1.7× | 76×+14.2× | 61.8×+1.8× | 60.1×— | |
| EV / sales | 1.1×+0.1× | 0.9×+0.1× | 0.9×+0.1× | 0.8×+0.1× | |
| Free cash flow yield | 28.5%— | —— | —— | 36.5%-10.3pp | |
| Earnings yield | 16.5%+0.8pp | 15.6%-6.1pp | 21.7%+1.2pp | 20.5%+45.5pp | |
| Dividend yield | 1.5%-0.3pp | 1.8%-0.2pp | 2%-0.3pp | 2.3%-0.8pp | |
| PEG ratio | 5.4×— | —— | —— | —— |
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.
