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Saturday 17 October 2026 Export MCK’s income statement to Excel — free account

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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

McKesson Corporation (MCK) Operating margin

Alert me on Operating margin

McKesson Corporation's operating margin over the twelve months to 30 June 2026 was 1.58%, up 0.0 percentage points from fiscal 2026 (1.54%). Over the past ten years it has ranged from −2.12% (fiscal 2021) to 3.59% (fiscal 2017); the current reading is higher than 67% of that period. That is above the Medical Distribution industry median of 0.46% and above the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 1.54% 0.31
FY2025 1.23% (0.04)
FY2024 1.27% (0.31)
FY2023 1.58% 0.81
FY2022 0.77% 2.89
FY2021 −2.12% (3.20)
FY2020 1.08% 0.67
FY2019 0.41% 0.04
FY2018 0.37% (3.22)
FY2017 3.59% 1.73

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 1.25% (0.98)
Mar 2026 2.23% 0.70
Dec 2025 1.53% 0.17
Sep 2025 1.36% 0.30
42 more quarters

Against its own ten years

Low −2.12% High 3.59%
Ten-year median 1.25%
Current reading's percentile 81

Operating margin against peers

Company Operating margin
HSIC Henry Schein, Inc. compare 5.00%
MCK McKesson Corporation 1.58%
ACH Accendra Health, Inc. compare 1.11%
CAH Cardinal Health, Inc. compare 1.03%
COR Cencora, Inc. compare 0.91%
AHG Akso Health Group Sponsored ADR compare 0.00%
COSM Cosmos Health Inc. compare −24.9%
FOCL FocalTherics compare −34.9%
HKPD Cellyan Biotechnology Co., Ltd compare —
Medical Distribution industry median 0.46%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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