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) Return on invested capital
McKesson Corporation's return on invested capital over the twelve months to 30 June 2026 was 70.5%, up 4.3 percentage points from fiscal 2026 (66.2%). Over the past ten years it has ranged from −34.6% (fiscal 2021) to 71.4% (fiscal 2025); the current reading is higher than 92% of that period. That is above the Medical Distribution industry median of 0.00% and above the Healthcare sector median of 0.00%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2026 | 66.2% | (5.21) |
| FY2025 | 71.4% | 27.47 |
| FY2024 | 43.9% | (1.31) |
| FY2023 | 45.3% | 28.87 |
| FY2022 | 16.4% | 50.95 |
| FY2021 | −34.6% | (52.49) |
| FY2020 | 17.9% | 13.63 |
| FY2019 | 4.29% | 1.17 |
| FY2018 | 3.12% | (23.01) |
| FY2017 | 26.1% | 9.18 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| CAH Cardinal Health, Inc. compare | 125.1% |
| MCK McKesson Corporation | 70.5% |
| COR Cencora, Inc. compare | 15.7% |
| HSIC Henry Schein, Inc. compare | 6.97% |
| ACH Accendra Health, Inc. compare | 1.58% |
| AHG Akso Health Group Sponsored ADR compare | 0.00% |
| HKPD Cellyan Biotechnology Co., Ltd compare | 0.00% |
| COSM Cosmos Health Inc. compare | −38.2% |
| FOCL FocalTherics compare | −110.8% |
| Medical Distribution industry median | 0.00% |
| Healthcare sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on MCK
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net 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
- 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