MCKESSON CORP (MCK) Fundamental Analysis & Valuation

NYSE:MCK • US58155Q1031

919.26 USD
-12.09 (-1.3%)
At close: Mar 6, 2026
919.26 USD
0 (0%)
After Hours: 3/6/2026, 10:34:14 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This MCK fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to MCK. MCK was compared to 101 industry peers in the Health Care Providers & Services industry. MCK has only an average score on both its financial health and profitability. MCK is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings could make MCK a good candidate for growth investing.


Dividend Valuation Growth Profitability Health

6

1. MCK Profitability Analysis

1.1 Basic Checks

  • In the past year MCK was profitable.
  • MCK had a positive operating cash flow in the past year.
  • Of the past 5 years MCK 4 years were profitable.
  • In the past 5 years MCK always reported a positive cash flow from operatings.
MCK Yearly Net Income VS EBIT VS OCF VS FCFMCK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B -4B 6B

1.2 Ratios

  • MCK's Return On Assets of 5.16% is fine compared to the rest of the industry. MCK outperforms 77.23% of its industry peers.
  • MCK's Return On Invested Capital of 28.37% is amongst the best of the industry. MCK outperforms 99.01% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for MCK is significantly above the industry average of 9.07%.
  • The 3 year average ROIC (24.61%) for MCK is below the current ROIC(28.37%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 5.16%
ROE N/A
ROIC 28.37%
ROA(3y)4.85%
ROA(5y)1.87%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)24.61%
ROIC(5y)21.23%
MCK Yearly ROA, ROE, ROICMCK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5K 10K 15K 20K

1.3 Margins

  • The Profit Margin of MCK (1.09%) is comparable to the rest of the industry.
  • MCK's Profit Margin has improved in the last couple of years.
  • With a Operating Margin value of 1.40%, MCK perfoms like the industry average, outperforming 44.55% of the companies in the same industry.
  • In the last couple of years the Operating Margin of MCK has remained more or less at the same level.
  • The Gross Margin of MCK (3.48%) is worse than 81.19% of its industry peers.
  • In the last couple of years the Gross Margin of MCK has declined.
Industry RankSector Rank
OM 1.4%
PM (TTM) 1.09%
GM 3.48%
OM growth 3Y-0.01%
OM growth 5Y0.07%
PM growth 3Y29.56%
PM growth 5Y18.7%
GM growth 3Y-10.54%
GM growth 5Y-7.09%
MCK Yearly Profit, Operating, Gross MarginsMCK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2 4

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. MCK Health Analysis

2.1 Basic Checks

  • MCK has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • MCK has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for MCK has been reduced compared to 5 years ago.
  • Compared to 1 year ago, MCK has an improved debt to assets ratio.
MCK Yearly Shares OutstandingMCK Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
MCK Yearly Total Debt VS Total AssetsMCK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B

2.2 Solvency

  • An Altman-Z score of 5.97 indicates that MCK is not in any danger for bankruptcy at the moment.
  • MCK's Altman-Z score of 5.97 is amongst the best of the industry. MCK outperforms 91.09% of its industry peers.
  • The Debt to FCF ratio of MCK is 0.68, which is an excellent value as it means it would take MCK, only 0.68 years of fcf income to pay off all of its debts.
  • MCK has a Debt to FCF ratio of 0.68. This is amongst the best in the industry. MCK outperforms 88.12% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 0.68
Altman-Z 5.97
ROIC/WACC3.32
WACC8.55%
MCK Yearly LT Debt VS Equity VS FCFMCK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B 8B 10B

2.3 Liquidity

  • A Current Ratio of 0.88 indicates that MCK may have some problems paying its short term obligations.
  • With a Current ratio value of 0.88, MCK is not doing good in the industry: 79.21% of the companies in the same industry are doing better.
  • A Quick Ratio of 0.48 indicates that MCK may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.48, MCK is doing worse than 87.13% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.88
Quick Ratio 0.48
MCK Yearly Current Assets VS Current LiabilitesMCK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. MCK Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 28.88% over the past year.
  • Measured over the past years, MCK shows a quite strong growth in Earnings Per Share. The EPS has been growing by 17.17% on average per year.
  • The Revenue has grown by 15.49% in the past year. This is quite good.
  • The Revenue has been growing by 9.22% on average over the past years. This is quite good.
EPS 1Y (TTM)28.88%
EPS 3Y11.79%
EPS 5Y17.17%
EPS Q2Q%16.31%
Revenue 1Y (TTM)15.49%
Revenue growth 3Y10.8%
Revenue growth 5Y9.22%
Sales Q2Q%11.4%

3.2 Future

  • Based on estimates for the next years, MCK will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.08% on average per year.
  • The Revenue is expected to grow by 8.44% on average over the next years. This is quite good.
EPS Next Y18.08%
EPS Next 2Y15.61%
EPS Next 3Y14.9%
EPS Next 5Y14.08%
Revenue Next Year12.73%
Revenue Next 2Y10.43%
Revenue Next 3Y9.65%
Revenue Next 5Y8.44%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
MCK Yearly Revenue VS EstimatesMCK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 100B 200B 300B 400B 500B
MCK Yearly EPS VS EstimatesMCK Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20 40 60

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Find the best growth stocksShow best growing peers

5

4. MCK Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 24.46, MCK is valued on the expensive side.
  • Based on the Price/Earnings ratio, MCK is valued a bit cheaper than 63.37% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.29. MCK is around the same levels.
  • Based on the Price/Forward Earnings ratio of 20.78, the valuation of MCK can be described as rather expensive.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of MCK is on the same level as its industry peers.
  • MCK's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.57.
Industry RankSector Rank
PE 24.46
Fwd PE 20.78
MCK Price Earnings VS Forward Price EarningsMCK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • MCK's Enterprise Value to EBITDA is on the same level as the industry average.
  • 81.19% of the companies in the same industry are more expensive than MCK, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 11.68
EV/EBITDA 18.78
MCK Per share dataMCK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1K 2K 3K

4.3 Compensation for Growth

  • MCK's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The decent profitability rating of MCK may justify a higher PE ratio.
  • MCK's earnings are expected to grow with 14.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.35
PEG (5Y)1.42
EPS Next 2Y15.61%
EPS Next 3Y14.9%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. MCK Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.34%, MCK is not a good candidate for dividend investing.
  • MCK's Dividend Yield is a higher than the industry average which is at 0.49.
  • Compared to an average S&P500 Dividend Yield of 1.82, MCK's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.34%

5.2 History

  • The dividend of MCK is nicely growing with an annual growth rate of 10.13%!
  • MCK has been paying a dividend for at least 10 years, so it has a reliable track record.
  • The dividend of MCK decreased in the last 3 years.
Dividend Growth(5Y)10.13%
Div Incr Years2
Div Non Decr Years2
MCK Yearly Dividends per shareMCK Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • MCK pays out 8.55% of its income as dividend. This is a sustainable payout ratio.
  • MCK's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP8.55%
EPS Next 2Y15.61%
EPS Next 3Y14.9%
MCK Yearly Income VS Free CF VS DividendMCK Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B -4B
MCK Dividend Payout.MCK Dividend Payout, showing the Payout Ratio.MCK Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

MCK Fundamentals: All Metrics, Ratios and Statistics

MCKESSON CORP

NYSE:MCK (3/6/2026, 10:34:14 PM)

After market: 919.26 0 (0%)

919.26

-12.09 (-1.3%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)02-04
Earnings (Next)05-06
Inst Owners90.34%
Inst Owner Change-0.34%
Ins Owners0.03%
Ins Owner Change0.93%
Market Cap112.60B
Revenue(TTM)397.96B
Net Income(TTM)4.34B
Analysts83.64
Price Target982.43 (6.87%)
Short Float %1.52%
Short Ratio2.68
Dividend
Industry RankSector Rank
Dividend Yield 0.34%
Yearly Dividend2.71
Dividend Growth(5Y)10.13%
DP8.55%
Div Incr Years2
Div Non Decr Years2
Ex-Date03-02
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.17%
Min EPS beat(2)0.33%
Max EPS beat(2)8%
EPS beat(4)4
Avg EPS beat(4)2.69%
Min EPS beat(4)0.33%
Max EPS beat(4)8%
EPS beat(8)6
Avg EPS beat(8)2.08%
EPS beat(12)9
Avg EPS beat(12)3.97%
EPS beat(16)11
Avg EPS beat(16)3.66%
Revenue beat(2)0
Avg Revenue beat(2)-1.32%
Min Revenue beat(2)-1.93%
Max Revenue beat(2)-0.71%
Revenue beat(4)1
Avg Revenue beat(4)-1.62%
Min Revenue beat(4)-4.64%
Max Revenue beat(4)0.81%
Revenue beat(8)2
Avg Revenue beat(8)-1.76%
Revenue beat(12)6
Avg Revenue beat(12)-0.46%
Revenue beat(16)8
Avg Revenue beat(16)-0.2%
PT rev (1m)2.82%
PT rev (3m)4.75%
EPS NQ rev (1m)1.97%
EPS NQ rev (3m)1.95%
EPS NY rev (1m)0.02%
EPS NY rev (3m)0.95%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)-0.12%
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)-0.01%
Valuation
Industry RankSector Rank
PE 24.46
Fwd PE 20.78
P/S 0.28
P/FCF 11.68
P/OCF 10.74
P/B N/A
P/tB N/A
EV/EBITDA 18.78
EPS(TTM)37.58
EY4.09%
EPS(NY)44.24
Fwd EY4.81%
FCF(TTM)78.73
FCFY8.56%
OCF(TTM)85.57
OCFY9.31%
SpS3248.9
BVpS-10.6
TBVpS-137.16
PEG (NY)1.35
PEG (5Y)1.42
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 5.16%
ROE N/A
ROCE 34.76%
ROIC 28.37%
ROICexc 34.78%
ROICexgc N/A
OM 1.4%
PM (TTM) 1.09%
GM 3.48%
FCFM 2.42%
ROA(3y)4.85%
ROA(5y)1.87%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)24.61%
ROIC(5y)21.23%
ROICexc(3y)38.33%
ROICexc(5y)31.81%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)30.15%
ROCE(5y)26.01%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y25.12%
ROICexc growth 5Y23.76%
OM growth 3Y-0.01%
OM growth 5Y0.07%
PM growth 3Y29.56%
PM growth 5Y18.7%
GM growth 3Y-10.54%
GM growth 5Y-7.09%
F-Score5
Asset Turnover4.73
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 0.68
Debt/EBITDA 0.87
Cap/Depr 122.52%
Cap/Sales 0.21%
Interest Coverage 250
Cash Conversion 167.28%
Profit Quality 222.21%
Current Ratio 0.88
Quick Ratio 0.48
Altman-Z 5.97
F-Score5
WACC8.55%
ROIC/WACC3.32
Cap/Depr(3y)111.68%
Cap/Depr(5y)95.54%
Cap/Sales(3y)0.22%
Cap/Sales(5y)0.23%
Profit Quality(3y)140.62%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)28.88%
EPS 3Y11.79%
EPS 5Y17.17%
EPS Q2Q%16.31%
EPS Next Y18.08%
EPS Next 2Y15.61%
EPS Next 3Y14.9%
EPS Next 5Y14.08%
Revenue 1Y (TTM)15.49%
Revenue growth 3Y10.8%
Revenue growth 5Y9.22%
Sales Q2Q%11.4%
Revenue Next Year12.73%
Revenue Next 2Y10.43%
Revenue Next 3Y9.65%
Revenue Next 5Y8.44%
EBIT growth 1Y11.51%
EBIT growth 3Y10.79%
EBIT growth 5Y9.29%
EBIT Next Year25.48%
EBIT Next 3Y14.29%
EBIT Next 5Y12.49%
FCF growth 1Y233.47%
FCF growth 3Y15.87%
FCF growth 5Y6.2%
OCF growth 1Y200.17%
OCF growth 3Y16.04%
OCF growth 5Y6.83%

MCKESSON CORP / MCK FAQ

What is the ChartMill fundamental rating of MCKESSON CORP (MCK) stock?

ChartMill assigns a fundamental rating of 6 / 10 to MCK.


What is the valuation status for MCK stock?

ChartMill assigns a valuation rating of 5 / 10 to MCKESSON CORP (MCK). This can be considered as Fairly Valued.


What is the profitability of MCK stock?

MCKESSON CORP (MCK) has a profitability rating of 6 / 10.


How financially healthy is MCKESSON CORP?

The financial health rating of MCKESSON CORP (MCK) is 6 / 10.


What is the expected EPS growth for MCKESSON CORP (MCK) stock?

The Earnings per Share (EPS) of MCKESSON CORP (MCK) is expected to grow by 18.08% in the next year.