McKesson Corp distributes prescription drugs — branded, generic, and specialty — to pharmacies (chains, independents, mail-order), hospitals, and other healthcare providers across the US and Canada. It is one of three companies (alongside Cencora and Cardinal Health) that together handle over 90% of US pharmaceutical wholesale volume. McKesson also sells medical-surgical supplies to healthcare facilities and offers pharmacy technology software. Revenue is driven primarily by drug distribution volume, where margins are thin but scale is large.
Employees43,000IPOAug 3, 1987SIC5122HQ6555 State Highway 161, Irving, TX, USA, 75039
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Financials (EUR)
Profitability
Metric
Current
Margins
Gross Margin
3.6%
Operating Margin
1.7%
EBITDA Margin
1.8%
Net Margin
1.1%
OCF Margin
1.7%
FCF Margin
1.5%
Returns on Capital
ROE
—
ROA
5.5%
ROIC
21.1%
ROCE
40.8%
ROC (Greenblatt)
143.9%
3Y ROIIC
22.0%
Consistency
Years Profitable / 10Y
9
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
22.92
Forward P/E
19.54
P/E ex-NRI
20.99
Shiller P/E (CAPE)
64.91
Cash Flow Multiples
P/FCF
17.26
P/OCF
15.46
P/Owner Earnings
17.59
FCF Yield
6.15%
Enterprise Value Multiples
EV / EBIT
16.24
EV / Forward EBIT
14.95
EV / EBITDA
14.58
EV / Forward EBITDA
13.54
EV / Revenue
0.27
EV / Forward Revenue
0.25
Asset / Sales
P/S
0.26
P/B
—
P/Tangible Book
—
Growth-Adjusted
PEG
—
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
0.37%
Forward Dividend Yield
0.43%
3Y Dividend Growth
14.9%
Payout Ratio
0.08
5Y Yield on Cost
0.69%
Buybacks & Dilution
3Y Buyback Ratio
4.10%
Combined
Shareholder Yield
5.89%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
−2.76
Gross Debt / EBITDA
1.56
Cash / Debt
0.44
Equity / Assets
−0.05
Coverage
Interest Coverage
24.70
Short-Term Liquidity
Current Ratio
0.89
Quick Ratio
0.52
Cash Ratio
0.07
Composite Scores
Piotroski F-Score
7
Altman Z-Score
5.83
Split History
Date
Split
No split history found.
Ex-date
Amount
Pay date
2026-09-01
$0.94
2026-10-01
2026-06-01
$0.82
2026-07-01
2026-03-02
$0.82
2026-04-01
2025-12-01
$0.82
2026-01-02
2025-09-02
$0.82
2025-10-01
2025-06-02
$0.71
2025-07-01
2025-03-03
$0.71
2025-04-01
2024-12-02
$0.71
2025-01-02
2024-08-30
$0.71
2024-10-01
2024-06-03
$0.62
2024-07-01
10 of 66
View allDate
Transcript
Type
2026-08-05
Q1 2027 McKesson Corporation Earnings Conference Call
Earnings Call
2026-08-05
Q1 2027 McKesson Corp Earnings Call Transcript
Earnings Call
2026-05-07
Q4 2026 McKesson Corporation Earnings Conference Call
Earnings Call
2026-05-07
Q4 2026 McKesson Corp Earnings Call Transcript
Earnings Call
2026-03-11
McKesson Corp at Barclays Global Healthcare Conference Transcript
Conference Presentations
2026-03-11
McKesson Corp at Leerink Global Healthcare Conference Transcript
Conference Presentations
2026-02-04
Q3 2026 McKesson Corporation Earnings Conference Call
Earnings Call
2026-02-04
Q3 2026 McKesson Corp Earnings Call Transcript
Earnings Call
2026-01-13
McKesson Corp at JPMorgan Healthcare Conference Transcript
Conference Presentations
2025-12-04
McKesson Corp at Evercore ISI Healthcare Conference Transcript
Conference Presentations
10 of 85
5-Step DuPont Analysis
ROE %
-146.56%
×
×
Net Margin %
1.12%
×
×
Operating Margin %
1.65%
Operating Income
€5.84B
÷
Revenue
€353.31B
×
Tax Burden
0.7105
Net Income
€3.95B
÷
Pretax Income
€5.55B
×
Interest Burden
0.9507
Pretax Income
€5.55B
÷
Operating Income
€5.84B
×
Asset Turnover
4.80
÷
Revenue
€353.31B
÷
Average Total Assets
€73.58B
Begin Total Assets
€70.50B
End Total Assets
€76.67B
×
Equity Multiplier
-27.33
÷
Avg Total Assets
€73.58B
÷
Avg Stockholders Equity
−€2.69B
Begin Equity
−€1.71B
End Equity
−€3.68B