McKesson Corporation

MCK Healthcare Medical Distribution

McKesson Corporation’s revenue for fiscal 2026 (year ended March 2026) was $403.4 billion, up 12.4% from fiscal 2025.

Revenue
+7.57%
EPS
+17.0%
Free cash flow
+32.5%
Total debt
+7.08%

Quarter to September 2026, against a year earlier

1,074.06 4.62 +0.43%
Market cap
$125.0B
P/E
27.5×
Fwd P/E
25.4×
Dividend yield
0.32%
F-score
7/9
Altman Z
6.15
Beneish M
−2.34
Dividend safety
86/100

McKesson Corporation (MCK) Current ratio

Alert me on Current ratio

McKesson Corporation's current ratio at the end of the quarter to 30 September 2026 was 0.9×, up 0.0× from fiscal 2026 (0.9×). Over the past ten years it has ranged from 0.9× (fiscal 2026) to 1.1× (fiscal 2016) — the current reading is the lowest in ten years. That is below the Medical Distribution industry median of 1.0× and below the Healthcare sector median of 3.1×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2026 0.9× (5.07%)
FY2025 0.9× (1.84%)
FY2024 0.9× (0.80%)
FY2023 0.9× (3.18%)
FY2022 1.0× (7.30%)
FY2021 1.0× 3.88%
FY2020 1.0× (3.10%)
FY2019 1.0× 0.99%
FY2018 1.0× (2.43%)
FY2017 1.0× (5.34%)

Quarterly newest first

Period Current ratio Change
Sep 2026 0.9× 0.37%
Jun 2026 0.9× 4.62%
Mar 2026 0.9× (2.57%)
Dec 2025 0.9× (0.47%)
43 more quarters

Against its own ten years

Low 0.9× High 1.1×
Ten-year median 1.0×
Current reading's percentile 8

Current ratio against peers

Company Current ratio
FOCL FocalTherics compare 1.6×
AHG Akso Health Group Sponsored ADR compare 1.5×
HSIC Henry Schein, Inc. compare 1.3×
YI 111, Inc. Sponsored ADR compare 1.1×
COSM Cosmos Health Inc. compare 1.1×
COR Cencora, Inc. compare 0.9×
MCK McKesson Corporation 0.9×
CAH Cardinal Health, Inc. compare 0.9×
ACH Accendra Health, Inc. compare 0.4×
Medical Distribution industry median 1.0×
Healthcare sector median 3.1×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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