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. In the quarter to June 2026, revenue grew 7.72%, EPS fell 17.7%, free cash flow grew 66.4% and total debt rose 10.5%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for ten.

1,006.92 8.28 +0.83%
Market cap
$116.4B
P/E
26.8×
Fwd P/E
18.3×
Dividend yield
0.34%
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 June 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 1.1× and below the Healthcare sector median of 3.0×.

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
Jun 2026 0.9× 4.62%
Mar 2026 0.9× (2.57%)
Dec 2025 0.9× (0.47%)
Sep 2025 0.9× (0.29%)
42 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
HKPD Cellyan Biotechnology Co., Ltd compare 3.9×
FOCL FocalTherics compare 1.6×
AHG Akso Health Group Sponsored ADR compare 1.5×
HSIC Henry Schein, Inc. compare 1.3×
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 1.1×
Healthcare sector median 3.0×
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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