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) Net margin
McKesson Corporation's net margin over the twelve months to 30 June 2026 was 1.12%, down 0.1 percentage points from fiscal 2026 (1.18%). Over the past ten years it has ranged from −1.91% (fiscal 2021) to 2.55% (fiscal 2017); the current reading is higher than 83% of that period. That is above the Medical Distribution industry median of −6.08% and above the Healthcare sector median of 0.00%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2026 | 1.18% | 0.26 |
| FY2025 | 0.92% | (0.05) |
| FY2024 | 0.97% | (0.32) |
| FY2023 | 1.29% | 0.87 |
| FY2022 | 0.42% | 2.33 |
| FY2021 | −1.91% | (2.30) |
| FY2020 | 0.39% | 0.37 |
| FY2019 | 0.02% | (0.01) |
| FY2018 | 0.03% | (2.52) |
| FY2017 | 2.55% | 1.37 |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Jun 2026 | 0.58% | (1.17) |
| Mar 2026 | 1.75% | 0.63 |
| Dec 2025 | 1.12% | 0.04 |
| Sep 2025 | 1.08% | 0.28 |
| 42 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| HSIC Henry Schein, Inc. compare | 2.96% |
| MCK McKesson Corporation | 1.12% |
| COR Cencora, Inc. compare | 0.79% |
| CAH Cardinal Health, Inc. compare | 0.67% |
| ACH Accendra Health, Inc. compare | −11.4% |
| COSM Cosmos Health Inc. compare | −33.1% |
| FOCL FocalTherics compare | −50.1% |
| AHG Akso Health Group Sponsored ADR compare | −61.3% |
| HKPD Cellyan Biotechnology Co., Ltd compare | — |
| Medical Distribution industry median | −6.08% |
| Healthcare sector median | 0.00% |
| Market median | 0.45% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on MCK
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement