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.
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McKesson Corporation (MCK) Debt to equity
McKesson Corporation's debt to equity at the end of the quarter to 30 June 2026 was −3.8×, up 2.7× from fiscal 2026 (−6.5×). Over the past ten years it has ranged from −8.2× (fiscal 2023) to 86.9× (fiscal 2021); the current reading is higher than 42% of that period. That is below the Medical Distribution industry median of −0.3× and below the Healthcare sector median of 0.0×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2026 | −6.5× | — |
| FY2025 | −6.6× | — |
| FY2024 | −7.3× | — |
| FY2023 | −8.2× | — |
| FY2022 | −7.3× | — |
| FY2021 | 86.9× | 6,148.59% |
| FY2020 | 1.4× | 51.82% |
| FY2019 | 0.9× | 16.98% |
| FY2018 | 0.8× | 3.36% |
| FY2017 | 0.8× | (15.85%) |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | −3.8× | — |
| Mar 2026 | −6.5× | — |
| Dec 2025 | −12.9× | — |
| Sep 2025 | −9.5× | — |
| 42 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| FOCL FocalTherics compare | −12.4× |
| MCK McKesson Corporation | −3.8× |
| CAH Cardinal Health, Inc. compare | −3.3× |
| ACH Accendra Health, Inc. compare | −3.1× |
| AHG Akso Health Group Sponsored ADR compare | 0.0× |
| HKPD Cellyan Biotechnology Co., Ltd compare | 0.1× |
| COSM Cosmos Health Inc. compare | 0.6× |
| HSIC Henry Schein, Inc. compare | 0.6× |
| COR Cencora, Inc. compare | 3.6× |
| Medical Distribution industry median | −0.3× |
| Healthcare sector median | 0.0× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
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