McKesson is a US pharmaceutical wholesaler. The company distributes medicines to pharmacies and hospitals, supplies medical products to doctors’ offices and offers software and services for pharmacies and oncology practices. As of Oct 13, 2026
As of Oct 13, 2026Fact sheet (from the annual report)Wholesale of drugs and drugstore products · Irving, USAfull fact sheet
McKesson is a healthcare services company that works with pharmaceutical companies, healthcare providers, pharmacies, manufacturers and government agencies. The North American Pharmaceutical segment distributes branded drugs, generics, specialty drugs, biosimilars and over-the-counter products to pharmacies, hospitals and physicians in the United States and Canada. The Oncology & Multispecialty segment comprises specialty drug distribution and infusion services and supports a network of physician-led community oncology practices. Prescription Technology Solutions uses technology services such as electronic prior authorizations and price transparency to make it easier for patients to access affordable medicines. Another segment supplies consumables such as gloves, syringes and wound care to doctors’ offices, ambulatory surgery centers and post-acute care facilities and is to be separated.
Our own calculation from the exchange’s daily candles, as of Oct 27, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.
Pullback in trend · Analysis method
This method currently detects no pattern for MCK. The check runs daily after the close.
You see new patterns immediately from Watcher, on the free plan 2 days after they form. Plans and pricing
What does the pattern show?
What is this? In an intact uptrend (price above the 200-day line, 50-day line rising), the price pulls back to the 50-day line after a rise and closes back above it.
SEC filing (10-K, 10-Q)Required reports of listed companies to the US Securities and Exchange Commission (SEC): 10-K is the annual report, 10-Q the quarterly report, 20-F the annual report of foreign companies. We show the figures of the first filing.Example: 10-K for the fiscal year ending Sep 27, 2025, filed on Oct 31, 2025.More in the Academy: Lesson revenue, profit and margin
McKesson Corporation · Sector Health Care · amounts in USD
Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of May 8, 2026.
Quality checks
Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.
–no data: Return on equity above 15%negative equity
✗not met: Free cash flow margin above 10%1.4%
✓met: Profit in each of the last 5 fiscal years5 of 5
✓met: Free cash flow positive in each of the last 3 fiscal years3 of 3
✗not met: Equity ratio above 30%−2.6%
Gross margin
3.6%Fiscal year 2026
All2weak
Rank 2 of 100: higher than 2% of 153 peers (All). weak.
Sector3weak
Rank 3 of 100: higher than 3% of 20 peers (Sector). weak.
Median Health Care: 66.6%
Share of revenue left after the direct cost of the products sold.
Operating margin
1.5%Fiscal year 2026
All23weak
Rank 23 of 100: higher than 23% of 192 peers (All). weak.
Sector23weak
Rank 23 of 100: higher than 23% of 20 peers (Sector). weak.
Median Health Care: 18.0%
Operating income divided by revenue: what the core business earns before interest and taxes.
Net margin
1.2%Fiscal year 2026
All18weak
Rank 18 of 100: higher than 18% of 237 peers (All). weak.
Sector17weak
Rank 17 of 100: higher than 17% of 26 peers (Sector). weak.
Median Health Care: 13.9%
Profit after all costs, interest and taxes divided by revenue.
Return on assets
5.8%Fiscal year 2026 (total assets at year end)
All49medium
Rank 49 of 100: higher than 49% of 238 peers (All). medium.
Sector44medium
Rank 44 of 100: higher than 44% of 26 peers (Sector). medium.
Median Health Care: 6.4%
Net income divided by total assets at fiscal year end.
Equity ratio
−2.6%Fiscal year 2026
All6weak
Rank 6 of 100: higher than 6% of 239 peers (All). weak.
Sector13weak
Rank 13 of 100: higher than 13% of 26 peers (Sector). weak.
Median Health Care: 38.5%
Equity as a share of total assets. Usually low for banks.
Free cash flow margin
1.4%Fiscal year 2026
All21weak
Rank 21 of 100: higher than 21% of 213 peers (All). weak.
Sector18weak
Rank 18 of 100: higher than 18% of 25 peers (Sector). weak.
Median Health Care: 14.9%
Free cash flow divided by revenue.
Free cash flow
5.7B USDFiscal year 2026
Operating cash flow minus capital expenditure on property and equipment.
Growth 6 of 6 met · 1 without data
✓met: Over 3 years, revenue grew by more than 5% per year+13.4%
✓met: Over 5 years, revenue grew by more than 5% per year+11.1%
✓met: Over 10 years, revenue grew by more than 5% per year+7.8%
✓met: Over 3 years, EPS grew by more than 5% per year+15.3%
–no data: Over 5 years, EPS grew by more than 5% per yearnot computable (loss in the first or last year, or figures missing)
✓met: Revenue rose in at least 4 of the last 5 fiscal years5 of 5
✓met: Revenue rose in the last fiscal year+12.4%
Revenue growth 3 years
+13.4%per year
All67strong
Rank 67 of 100: higher than 67% of 230 peers (All). strong.
Sector82strong
Rank 82 of 100: higher than 82% of 25 peers (Sector). strong.
Median Health Care: +5.6%
Average growth per year over 3 fiscal years.
Revenue growth 5 years
+11.1%per year
All50medium
Rank 50 of 100: higher than 50% of 217 peers (All). medium.
Sector62medium
Rank 62 of 100: higher than 62% of 25 peers (Sector). medium.
Median Health Care: +8.5%
Average growth per year over 5 fiscal years.
Revenue growth 10 years
+7.8%per year
All54medium
Rank 54 of 100: higher than 54% of 157 peers (All). medium.
Sector24weak
Rank 24 of 100: higher than 24% of 19 peers (Sector). weak.
Median Health Care: +10.1%
Average growth per year over 10 fiscal years.
EPS growth 3 years
+15.3%per year
All59medium
Rank 59 of 100: higher than 59% of 157 peers (All). medium.
Sector80strong
Rank 80 of 100: higher than 80% of 22 peers (Sector). strong.
Median Health Care: +5.5%
Growth of earnings per share per year, adjusted for stock splits.
EPS growth 10 years
+14.7%per year
All70strong
Rank 70 of 100: higher than 70% of 140 peers (All). strong.
Sector73strong
Rank 73 of 100: higher than 73% of 20 peers (Sector). strong.
Median Health Care: +8.3%
Growth of earnings per share per year, adjusted for stock splits.
Dividend 7 of 7 met
✓met: Pays a dividend3.17 USD
✓met: Payout ratio at most 60% of earnings8%
✓met: Dividend paid in each of the last 5 fiscal years5 of 5
✓met: Dividend per share never lowered in the last 5 fiscal yearsDividend per share as filed with the SEC, including special dividends; a one-off higher prior year does not count as a cut.never
✓met: Dividend per share higher than 5 years ago+13.7%
✓met: Free cash flow per share covers the dividend14.5x
✓met: Dividends paid over the last 5 years covered by free cash flow7% of free cash flow
Payout ratio
8%Fiscal year 2026
Dividend per share divided by earnings per share.
Dividend growth 5 years
+13.7%per year
All72strong
Rank 72 of 100: higher than 72% of 118 peers (All). strong.
Sector72strong
Rank 72 of 100: higher than 72% of 16 peers (Sector). strong.
Median Health Care: +7.8%
Growth of the dividend per share per year.
Free cash flow coverage
14.5xFiscal year 2026
Free cash flow per share divided by dividend per share. From 1x the dividend is covered.
Financial strength 2 of 6 met
✗not met: Piotroski F-Score at least 7 of 96 of 9
✗not met: Long-term debt no higher than equitynegative equity
✗not met: Current assets cover current liabilities0.85
✗not met: Positive equity−2.2B USD
✓met: In 5 years, share count up by at most 5%−22.7%
✓met: Free cash flow positive in the last fiscal year5.7B USD
Piotroski F-Score
6 of 9Fiscal year 2026
All45medium
Rank 45 of 100: higher than 45% of 134 peers (All). medium.
Sector32weak
Rank 32 of 100: higher than 32% of 19 peers (Sector). weak.
Median Health Care: 7.0 of 9
Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.
Debt / equity
negative equityat fiscal year end
No rank: too few peers or not computed yet.
Long-term financial debt divided by equity.
Liquidity (current ratio)
0.85at fiscal year end
All13weak
Rank 13 of 100: higher than 13% of 215 peers (All). weak.
Sector17weak
Rank 17 of 100: higher than 17% of 26 peers (Sector). weak.
Median Health Care: 1.56
Current assets divided by current liabilities.
Change in share count
−22.7%in 5 years
All96strong
Rank 96 of 100: lower than 96% of 199 peers (All). strong.
Sector90strong
Rank 90 of 100: lower than 90% of 24 peers (Sector). strong.
Median Health Care: −2.7%
Change in diluted share count. Negative = share buybacks, positive = new shares.
The 9 criteria of the Piotroski F-Score
✓met: Profit in the last fiscal year (positive return on assets)
✓met: Positive operating cash flow
✓met: Return on assets higher than the prior year
✓met: Operating cash flow higher than net income
✗not met: Long-term debt relative to total assets fell
✗not met: Liquidity (current assets / current liabilities) rose
✓met: No additional shares (diluted share count did not rise)
✗not met: Gross margin higher than the prior year
✓met: Revenue relative to total assets higher than the prior year
Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.
Price-based criteria (P/E, dividend yield) are shown to signed-in users.
Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock. Rank 0–100 against the 239 stocks we cover and against the sector (from 5 peers); the stronger side is always on the right.
In short
Light green: Revenue grew over 5 years (+11.1% per year), at least as fast as the sector median.
Light yellow: Net margin 1.2%, below the sector median (12.9%).
Light yellow: Profit in 9 of 10 fiscal years.
Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.
RevenueNet incomeNet margin (below)in USD
−200B0200B400B600B
2017Fiscal year 2017 (Apr 1, 2016 – Mar 31, 2017): Revenue 198.5B USD · Net income 5.1B USD · Net margin 2.6%
2018Fiscal year 2018 (Apr 1, 2017 – Mar 31, 2018): Revenue 208.4B USD · Net income 67.0M USD · Net margin 0.0%
2019Fiscal year 2019 (Apr 1, 2018 – Mar 31, 2019): Revenue 214.3B USD · Net income 34.0M USD · Net margin 0.0%
2020Fiscal year 2020 (Apr 1, 2019 – Mar 31, 2020): Revenue 231.1B USD · Net income 900.0M USD · Net margin 0.4%
2021Fiscal year 2021 (Apr 1, 2020 – Mar 31, 2021): Revenue 238.2B USD · Net income −4.5B USD · Net margin −1.9%
2022Fiscal year 2022 (Apr 1, 2021 – Mar 31, 2022): Revenue 264.0B USD · Net income 1.1B USD · Net margin 0.4%
2023Fiscal year 2023 (Apr 1, 2022 – Mar 31, 2023): Revenue 276.7B USD · Net income 3.6B USD · Net margin 1.3%
2024Fiscal year 2024 (Apr 1, 2023 – Mar 31, 2024): Revenue 309.0B USD · Net income 3.0B USD · Net margin 1.0%
2025Fiscal year 2025 (Apr 1, 2024 – Mar 31, 2025): Revenue 359.1B USD · Net income 3.3B USD · Net margin 0.9%
2026Fiscal year 2026 (Apr 1, 2025 – Mar 31, 2026): Revenue 403.4B USD · Net income 4.8B USD · Net margin 1.2%
Margin
3%0%0%0%−2%0%1%1%1%1%
RevenueNet incomeNet margin (below)in USD
050B100B150B
Q3/23Quarter Q3/23 (Jul 1, 2023 – Sep 30, 2023): Revenue 77.2B USD · Net income 664.0M USD · Net margin 0.9%
Q4/23Quarter Q4/23 (Oct 1, 2023 – Dec 31, 2023): Revenue 80.9B USD · Net income 589.0M USD · Net margin 0.7%
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 31, 2024): Revenue 76.4B USD · Net income 791.0M USD · Net margin 1.0% · Q4 derived (year minus 9 months), may be distorted by restatements
Q2/24Quarter Q2/24 (Apr 1, 2024 – Jun 30, 2024): Revenue 79.3B USD · Net income 915.0M USD · Net margin 1.2%
Q3/24Quarter Q3/24 (Jul 1, 2024 – Sep 30, 2024): Revenue 93.7B USD · Net income 241.0M USD · Net margin 0.3%
Q4/24Quarter Q4/24 (Oct 1, 2024 – Dec 31, 2024): Revenue 95.3B USD · Net income 879.0M USD · Net margin 0.9%
Q1/25Quarter Q1/25 (Jan 1, 2025 – Mar 31, 2025): Revenue 90.8B USD · Net income 1.3B USD · Net margin 1.4% · Q4 derived (year minus 9 months), may be distorted by restatements
Q2/25Quarter Q2/25 (Apr 1, 2025 – Jun 30, 2025): Revenue 97.8B USD · Net income 784.0M USD · Net margin 0.8%
Q3/25Quarter Q3/25 (Jul 1, 2025 – Sep 30, 2025): Revenue 103.2B USD · Net income 1.1B USD · Net margin 1.1%
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Revenue 106.2B USD · Net income 1.2B USD · Net margin 1.1%
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Revenue 96.3B USD · Net income 1.7B USD · Net margin 1.7% · Q4 derived (year minus 9 months), may be distorted by restatements
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Revenue 105.4B USD · Net income 614.0M USD · Net margin 0.6%
Margin
1%1%1%1%0%1%1%1%1%1%2%1%
Earnings per shareUSD per share
−40−2002040
2017Fiscal year 2017 (Apr 1, 2016 – Mar 31, 2017): Earnings per share 22.73 USD
2018Fiscal year 2018 (Apr 1, 2017 – Mar 31, 2018): Earnings per share 0.32 USD
2019Fiscal year 2019 (Apr 1, 2018 – Mar 31, 2019): Earnings per share 0.17 USD
2020Fiscal year 2020 (Apr 1, 2019 – Mar 31, 2020): Earnings per share 4.95 USD
2021Fiscal year 2021 (Apr 1, 2020 – Mar 31, 2021): Earnings per share −28.26 USD
2022Fiscal year 2022 (Apr 1, 2021 – Mar 31, 2022): Earnings per share 7.23 USD
2023Fiscal year 2023 (Apr 1, 2022 – Mar 31, 2023): Earnings per share 25.03 USD
2024Fiscal year 2024 (Apr 1, 2023 – Mar 31, 2024): Earnings per share 22.39 USD
2025Fiscal year 2025 (Apr 1, 2024 – Mar 31, 2025): Earnings per share 25.72 USD
2026Fiscal year 2026 (Apr 1, 2025 – Mar 31, 2026): Earnings per share 38.38 USD
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Earnings per share 9.59 USD
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Earnings per share not reported separately for Q4
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Earnings per share 5.15 USD
Dividend per sharePayout ratio (below)USD per share
01.002.003.004.00
2017Fiscal year 2017 (Apr 1, 2016 – Mar 31, 2017): Dividend per share 1.12 USD · Payout ratio 4.9%
2018Fiscal year 2018 (Apr 1, 2017 – Mar 31, 2018): Dividend per share 1.30 USD · Payout ratio 406.3%
2019Fiscal year 2019 (Apr 1, 2018 – Mar 31, 2019): Dividend per share 1.51 USD · Payout ratio 888.2%
2020Fiscal year 2020 (Apr 1, 2019 – Mar 31, 2020): Dividend per share 1.62 USD · Payout ratio 32.7%
2021Fiscal year 2021 (Apr 1, 2020 – Mar 31, 2021): Dividend per share 1.67 USD · Payout ratio not available
2022Fiscal year 2022 (Apr 1, 2021 – Mar 31, 2022): Dividend per share 1.83 USD · Payout ratio 25.3%
2023Fiscal year 2023 (Apr 1, 2022 – Mar 31, 2023): Dividend per share 2.09 USD · Payout ratio 8.3%
2024Fiscal year 2024 (Apr 1, 2023 – Mar 31, 2024): Dividend per share 2.40 USD · Payout ratio 10.7%
2025Fiscal year 2025 (Apr 1, 2024 – Mar 31, 2025): Dividend per share 2.75 USD · Payout ratio 10.7%
2026Fiscal year 2026 (Apr 1, 2025 – Mar 31, 2026): Dividend per share 3.17 USD · Payout ratio 8.3%
Ratio
5%406%888%33%25%8%11%11%8%
Dividend per sharePayout ratio (below)USD per share
00.250.500.751.00
Q3/23Quarter Q3/23 (Jul 1, 2023 – Sep 30, 2023): Dividend per share 0.62 USD · Payout ratio 12.6%
Q4/23Quarter Q4/23 (Oct 1, 2023 – Dec 31, 2023): Dividend per share 0.62 USD · Payout ratio 14.0%
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 31, 2024): Dividend per share 0.62 USD · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q2/24Quarter Q2/24 (Apr 1, 2024 – Jun 30, 2024): Dividend per share 0.62 USD · Payout ratio 8.9%
Q3/24Quarter Q3/24 (Jul 1, 2024 – Sep 30, 2024): Dividend per share 0.71 USD · Payout ratio 38.0%
Q4/24Quarter Q4/24 (Oct 1, 2024 – Dec 31, 2024): Dividend per share 0.71 USD · Payout ratio 10.2%
Q1/25Quarter Q1/25 (Jan 1, 2025 – Mar 31, 2025): Dividend per share 0.71 USD · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q2/25Quarter Q2/25 (Apr 1, 2025 – Jun 30, 2025): Dividend per share 0.71 USD · Payout ratio 11.4%
Q3/25Quarter Q3/25 (Jul 1, 2025 – Sep 30, 2025): Dividend per share 0.82 USD · Payout ratio 9.2%
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Dividend per share 0.82 USD · Payout ratio 8.6%
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Dividend per share 0.82 USD · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Dividend per share 0.82 USD · Payout ratio 15.9%
Ratio
13%14%9%38%10%11%9%9%16%
Fiscal year 2026 (Apr 1, 2025 – Mar 31, 2026): Revenue 403.4B USD · Net income 4.8B USD · Net margin 1.2%
Figures over time
Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.
Money flow in fiscal year 2026
Of 100 USD of revenue, 3.6 USD gross profit, 1.5 USD operating income and 1.2 USD net income remained.
2017Fiscal year 2017: Operating cash flow 4.7B USD · Capital expenditure 404.0M USD · Free cash flow 4.3B USD
2018Fiscal year 2018: Operating cash flow 4.3B USD · Capital expenditure 405.0M USD · Free cash flow 3.9B USD
2019Fiscal year 2019: Operating cash flow 4.0B USD · Capital expenditure 426.0M USD · Free cash flow 3.6B USD
2020Fiscal year 2020: Operating cash flow 4.4B USD · Capital expenditure 362.0M USD · Free cash flow 4.0B USD
2021Fiscal year 2021: Operating cash flow 4.5B USD · Capital expenditure 451.0M USD · Free cash flow 4.1B USD
2022Fiscal year 2022: Operating cash flow 4.4B USD · Capital expenditure 388.0M USD · Free cash flow 4.0B USD
2023Fiscal year 2023: Operating cash flow 5.2B USD · Capital expenditure 390.0M USD · Free cash flow 4.8B USD
2024Fiscal year 2024: Operating cash flow 4.3B USD · Capital expenditure 431.0M USD · Free cash flow 3.9B USD
2025Fiscal year 2025: Operating cash flow 6.1B USD · Capital expenditure 537.0M USD · Free cash flow 5.5B USD
2026Fiscal year 2026: Operating cash flow 6.2B USD · Capital expenditure 436.0M USD · Free cash flow 5.7B USD
Share count
The share count fell in 5 years by 22.7% (mostly through share repurchases).
Diluted share count
0100M200M300M
2017Fiscal year 2017: Diluted share count 223.0M
2018Fiscal year 2018: Diluted share count 209.0M
2019Fiscal year 2019: Diluted share count 197.0M
2020Fiscal year 2020: Diluted share count 182.0M
2021Fiscal year 2021: Diluted share count 160.6M
2022Fiscal year 2022: Diluted share count 154.1M
2023Fiscal year 2023: Diluted share count 142.2M
2024Fiscal year 2024: Diluted share count 134.1M
2025Fiscal year 2025: Diluted share count 128.1M
2026Fiscal year 2026: Diluted share count 124.1M
From annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.
Dividends and share repurchases
How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.
Dividend per share
3.17USD · Fiscal year 2026
Dividend growth per year
3 y+14.9%5 y+13.7%10 y+11.4%
Years without a cut
at least 10as far as the data goes
Payout ratio
of earnings8%of free cash flow7%
To shareholders (5 years)
19.7B USD92% through repurchases
Share count over 5 years
−22.7%fewer shares – each share is a larger stake
Dividend per share
The dividend per share rose in 5 years from 1.67 USD to 3.17 USD.
Dividend per shareUSD per sharePer share as filed with the SEC, including special dividends; obvious filing errors are hidden.
01.002.003.004.00
2017Fiscal year 2017: Dividend per share 1.12 USD
2018Fiscal year 2018: Dividend per share 1.30 USD
2019Fiscal year 2019: Dividend per share 1.51 USD
2020Fiscal year 2020: Dividend per share 1.62 USD
2021Fiscal year 2021: Dividend per share 1.67 USD
2022Fiscal year 2022: Dividend per share 1.83 USD
2023Fiscal year 2023: Dividend per share 2.09 USD
2024Fiscal year 2024: Dividend per share 2.40 USD
2025Fiscal year 2025: Dividend per share 2.75 USD
2026Fiscal year 2026: Dividend per share 3.17 USD
Payout ratios
The payout ratio fell in 4 years from 25.3% to 8.3%.
Payout ratio (earnings)Payout ratio (free cash flow)Ratios above 500% hidden (earnings or free cash flow close to zero).
0%200%400%600%
2017Fiscal year 2017: Payout ratio (earnings) 4.9% · Payout ratio (free cash flow) 5.8%
2018Fiscal year 2018: Payout ratio (earnings) 406.3% · Payout ratio (free cash flow) 6.6%
2019Fiscal year 2019: Payout ratio (earnings) not available · Payout ratio (free cash flow) 8.1%
2020Fiscal year 2020: Payout ratio (earnings) 32.7% · Payout ratio (free cash flow) 7.3%
2021Fiscal year 2021: Payout ratio (earnings) not available · Payout ratio (free cash flow) 6.7%
2022Fiscal year 2022: Payout ratio (earnings) 25.3% · Payout ratio (free cash flow) 6.8%
2023Fiscal year 2023: Payout ratio (earnings) 8.3% · Payout ratio (free cash flow) 6.1%
2024Fiscal year 2024: Payout ratio (earnings) 10.7% · Payout ratio (free cash flow) 8.1%
2025Fiscal year 2025: Payout ratio (earnings) 10.7% · Payout ratio (free cash flow) 6.2%
2026Fiscal year 2026: Payout ratio (earnings) 8.3% · Payout ratio (free cash flow) 6.7%
What goes back to shareholders
Over 5 years, 19.7B USD went back to shareholders, 92% of it through share repurchases. That is 82% of the free cash flow of those years.
2017Fiscal year 2017: Dividends paid 253.0M USD · Share repurchases 2.3B USD · New shares issued (including employee plans) not available · Free cash flow 4.3B USD
2018Fiscal year 2018: Dividends paid 262.0M USD · Share repurchases 1.7B USD · New shares issued (including employee plans) not available · Free cash flow 3.9B USD
2019Fiscal year 2019: Dividends paid 292.0M USD · Share repurchases 1.6B USD · New shares issued (including employee plans) not available · Free cash flow 3.6B USD
2020Fiscal year 2020: Dividends paid 294.0M USD · Share repurchases 2.0B USD · New shares issued (including employee plans) not available · Free cash flow 4.0B USD
2021Fiscal year 2021: Dividends paid 276.0M USD · Share repurchases 770.0M USD · New shares issued (including employee plans) not available · Free cash flow 4.1B USD
2022Fiscal year 2022: Dividends paid 277.0M USD · Share repurchases 3.5B USD · New shares issued (including employee plans) not available · Free cash flow 4.0B USD
2023Fiscal year 2023: Dividends paid 292.0M USD · Share repurchases 3.6B USD · New shares issued (including employee plans) not available · Free cash flow 4.8B USD
2024Fiscal year 2024: Dividends paid 314.0M USD · Share repurchases 3.0B USD · New shares issued (including employee plans) not available · Free cash flow 3.9B USD
2025Fiscal year 2025: Dividends paid 345.0M USD · Share repurchases 3.1B USD · New shares issued (including employee plans) not available · Free cash flow 5.5B USD
2026Fiscal year 2026: Dividends paid 381.0M USD · Share repurchases 4.8B USD · New shares issued (including employee plans) not available · Free cash flow 5.7B USD
Dividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.
Valuation over time
Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users.Log in
Sector comparison
McKesson Corporation next to 8 stocks of the sector Health Care we cover that are closest in revenue. Click a column header to sort the table.
Sector comparison MCK, sector Health Care; last row: sector median
Growth 5 yrs = revenue growth per year over 5 fiscal years · Op. margin = operating margin · ROE = return on equity · FCF = free cash flow · Piotroski = F-Score (only with all 9 criteria).
Figures of the last fiscal year from SEC annual reports (peers as of Oct 28, 2026). Median across all companies of the sector we cover (from 5 stocks; several share classes of one company count once). Signed-in users also see P/E, P/S and dividend yield in the comparison. Describes the reported figures – not investment advice.
Key figures with traffic lights
Each light follows a simple, disclosed rule. The comparison is with the sector median Sector medianThe middle value of all companies in a sector: half are above it, half below. Unlike the average, single outliers hardly distort it.Example: Margins 4%, 8%, 10%, 12%, 60% → median 10%, average 18.8%.More in the Academy: Lesson putting the P/E in context of all 63 symbols in the Health Care sector on our list (current members of the S&P 500 and other lists).
Revenue growth
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light green: above sector
+11.1%per year, last 5 years
Sector Health Care: median +7.8% (60 symbols)
What does this mean? Revenue: over 5 years it grew by 11.1% per year on average – at least as fast as the median company in the sector (+7.8%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
Net income (total)
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light gray: not computable
–per year, last 5 years
Sector Health Care: median +7.5% (46 symbols)
per share: not computable (loss in the first or last year)
What does this mean? There was a loss in the first or last year. An annual growth rate cannot be calculated meaningfully then.
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
What does this mean? Of every 100 USD in revenue, 1.18 USD remained as profit – less than the median company in the sector (12.9%). Five years ago the margin was −1.9%.
Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.
Debt / equity
Debt-to-equity ratioFinancial debt (loans, bonds) divided by equity. A high value amplifies good and bad years alike. The key figures bar in the chart only uses long-term financial debt.Example: Financial debt €300m, equity €500m → 0.6.More in the Academy: Lesson debt, dividends and growth
Light gray: negative equity
–latest balance sheet
Sector Health Care: median 0.66 (49 symbols)
What does this mean? Equity is negative (e.g. due to share buybacks). A debt-to-equity ratio cannot be formed meaningfully then.
Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.
Payout ratio
Payout ratioThe share of profit that a company pays out as a dividend. Above 100% it pays out more than it earns.Example: Dividend €1, earnings per share €2.50 → payout ratio 40%.More in the Academy: Lesson debt, dividends and growth
Light green: covered
8%Dividend / earnings per share
Sector Health Care: median 28% (31 symbols)
What does this mean? Of every 1 USD of earnings per share, 0.08 USD went to shareholders as a dividend. The rest stays in the company. Median company in the sector: 28%.
Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.
Profitable years
Profitable yearsHow many of the last fiscal years ended with a profit rather than a loss on the bottom line. The figure shows how consistently a company earns.Example: Profit in 9 of 10 years → one loss year.More in the Academy: Lesson revenue, profit and margin
Light yellow: 1 loss year
9 of 10fiscal years with a profit
What does this mean? In 9 of the last 10 fiscal years the bottom line showed a profit. One year ended with a loss.
Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).
Last fiscal year and 13F
Information, not a trading signal · Source: SEC EDGAR
Revenue (FY)
403.4B USD
Revenue vs. prior year
+12.4%
Net income (FY)
4.8B USD
Net income vs. prior year
+44.5%
EPS (FY)
38.38 USD
13F funds with a position
2 of 9
Funds vs. prior quarter
+1
Shares held vs. prior quarter
+1,095.1%
Fiscal year to Mar 31, 2026 · 10-K filed May 8, 2026 · Price-based figures (P/E, P/S, dividend yield, market cap) only when logged in. · Values as first reported; debt = reported financial debt (US GAAP: long-term).13F: reporting date Jun 30, 2026, 9 tracked funds have filed (latest Aug 14, 2026), filed with up to 45 days of delay. Stock positions only; comparison with Mar 31, 2026 only across funds that filed for both quarters.
All figures as a table
Fiscal years (amounts in USD, per share in USD)
Year
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
2026
Mar 31, 2026
403.4B
4.8B
1.2%
38.38
3.17
8%
2025
Mar 31, 2025
359.1B
3.3B
0.9%
25.72
2.75
11%
2024
Mar 31, 2024
309.0B
3.0B
1.0%
22.39
2.40
11%
2023
Mar 31, 2023
276.7B
3.6B
1.3%
25.03
2.09
8%
2022
Mar 31, 2022
264.0B
1.1B
0.4%
7.23
1.83
25%
2021
Mar 31, 2021
238.2B
−4.5B
−1.9%
−28.26
1.67
–
2020
Mar 31, 2020
231.1B
900.0M
0.4%
4.95
1.62
33%
2019
Mar 31, 2019
214.3B
34.0M
0.0%
0.17
1.51
888%
2018
Mar 31, 2018
208.4B
67.0M
0.0%
0.32
1.30
406%
2017
Mar 31, 2017
198.5B
5.1B
2.6%
22.73
1.12
5%
Quarters (amounts in USD, per share in USD)
Quarter
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
Q2/26
Jun 30, 2026
105.4B
614.0M
0.6%
5.15
0.82
16%
Q1/26*
Mar 31, 2026
96.3B
1.7B
1.7%
–
0.82
–
Q4/25
Dec 31, 2025
106.2B
1.2B
1.1%
9.59
0.82
9%
Q3/25
Sep 30, 2025
103.2B
1.1B
1.1%
8.92
0.82
9%
Q2/25
Jun 30, 2025
97.8B
784.0M
0.8%
6.25
0.71
11%
Q1/25*
Mar 31, 2025
90.8B
1.3B
1.4%
–
0.71
–
Q4/24
Dec 31, 2024
95.3B
879.0M
0.9%
6.95
0.71
10%
Q3/24
Sep 30, 2024
93.7B
241.0M
0.3%
1.87
0.71
38%
Q2/24
Jun 30, 2024
79.3B
915.0M
1.2%
7.00
0.62
9%
Q1/24*
Mar 31, 2024
76.4B
791.0M
1.0%
–
0.62
–
Q4/23
Dec 31, 2023
80.9B
589.0M
0.7%
4.42
0.62
14%
Q3/23
Sep 30, 2023
77.2B
664.0M
0.9%
4.92
0.62
13%
* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.
How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.
Insiders
Insider transactionsExecutives, directors and major shareholders (over 10%) of US companies report their own transactions in their company’s stock to the SEC within two business days (Form 4). Purchases in the market count as more meaningful than sales (often taxes, estate planning).Example: Three executives acquire stock worth a total of 2 million USD within two weeks → “purchases by several insiders”.More in the Academy: Glossary
Jul 7, 2026Tyler Brian S.Chief executive (CEO), DirectorOpen-market sale · 10b5-1 plan8,463 shares · $6.7M · SEC
Jun 17, 2026Tyler Brian S.Chief executive (CEO), DirectorOpen-market sale · 10b5-1 plan8,463 shares · $6.6M · SEC
Jun 9, 2026Tyler Brian S.Chief executive (CEO), DirectorOpen-market sale · 10b5-1 plan4,929 shares · $3.8M · SEC
Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.
Trend score +70
Price vs. EMA 50+15
Price vs. EMA 200+15
EMA 50 vs. EMA 200+20
ADX (trend strength)+15
Highs and lows-10
Relative strength+15
Volatility and trend strength
ADX 14 (trend strength)29.6
Rel. strength 60 d+15.7%
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.