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McKesson MCK Return on invested capital

Return on invested capital at other companies

Eli Lilly logo
Eli LillyLLY
42%+16.6pp
Cardinal Health logo
Cardinal HealthCAH
100.6%
Cencora logo
CencoraCOR
21.2%-19.2pp
AbbVie logo
AbbVieABBV
17.1%
Amneal Pharmaceuticals, Inc. logo
Amneal Pharmaceuticals, Inc.AMRX
20.1%+10.7pp
Viatris logo
ViatrisVTRS
0.5%+0.3pp

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
FCF margin1.4%-0.1pp

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-Q, filed February 4, 2026. Open the filing →

Filed
Feb 4, 2026, 5:30 PM EST
Fiscal quarter
Q3 FY2026
Calendar quarter
Q4 2025
Accession
0000927653-26-000017

FAQ

What is McKesson's return on invested capital?
McKesson (MCK) reported return on invested capital of 104.2% in Q4 2025.
How has McKesson's return on invested capital changed year-over-year?
McKesson's return on invested capital increased by 50.0% year-over-year, from 69.5% to 104.2%.
What is the long-term trend for McKesson's return on invested capital?
Over 3 years (2022 to 2025), McKesson's return on invested capital has grown at a 90.2% compound annual growth rate (CAGR), from 57.4% to 394.6%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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