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NYSE · Healthcare

MCKESSON CORP (MCK)

As-reported financials and recent SEC filings for MCKESSON CORP, latest fiscal period FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About MCKESSON CORP

McKesson Corporation is a healthcare services company that partners with biopharma companies, care providers, pharmacies, manufacturers, and governments to deliver products and services aimed at improving health outcomes. It operates through four main segments: North American Pharmaceutical, Oncology & Multispecialty, Prescription Technology Solutions, and Medical-Surgical Solutions. These segments provide pharmaceutical distribution, specialty drug services, technology solutions for medication access, and medical-surgical supplies to customers including pharmacies, hospitals, healthcare providers, and patients primarily in the United States and Canada.

Snapshot

Revenue
$403.43B
Revenue growth (YoY)
12.4%
Net income
$4.76B
Diluted EPS
$38.38
Gross margin
3.6%
Operating margin
1.5%
Net margin
1.2%
FCF margin
1.4%
ROE
P/E (TTM)
22.2×
Market cap
Debt / equity

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Mckesson

  • Revenue grew 12.4% to $403.4B in FY2026, slower than the 16.2% the year before.
  • Operating margin is 1.5% in FY2026, +0.8 pp against 0.8% in FY2022.
  • Most recent quarter Q4 FY2026: revenue $96.3B, up 6.0% from Q4 FY2025.
  • Free cash flow was $5.7B in FY2026, 1.4% of revenue.
  • Net income rose 44.5% to $4.8B in FY2026.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Mckesson’s fundamentals sit among the 558 Healthcare companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin3.6%
1st percentile of 280
Operating margin1.5%
51st percentile of 397
Net margin1.2%
55th percentile of 416
FCF margin1.4%
44th percentile of 371
Revenue growth (YoY)+12.4%
55th percentile of 538
P/E (TTM)22.2×
47th percentile of 203
Short interest4.12d
38th percentile of 557

Mckesson’s gross margin of 3.6% ranks in the 1st percentile of the 280 Healthcare companies reporting it.

No open-market insider buys in the last 90 days; 9 insider sales totaling $23.6M. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
4
+6 quant / multi-strat
Initiated / added
5
1 new, 4 added
Reduced / exited
5
4 trimmed, 1 exited
Combined position
$1.67B
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ1 2026$784.2M907.5KReduced
Lone Pine CapitalQ1 2026$339.4M392.2KNew
Sands Capital ManagementQ1 2026$174.2M201.3KAdded
Renaissance TechnologiesquantQ1 2026$101.5M117.2KAdded
Citadel AdvisorsquantQ1 2026$65.1M75.2KAdded
Bridgewater AssociatesQ1 2026$58.3M67.4KReduced
Millennium ManagementquantQ1 2026$49.7M57.4KReduced
D. E. ShawquantQ1 2026$46.2M53.3KReduced
Gotham Asset ManagementQ1 2026$42.8M49.4KAdded
Two Sigma InvestmentsquantQ1 2026$5.4M6.2KHeld

No longer held by: Point72 Asset Management (as of Q1 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
open-market
Bought (90d)
open-market value
Sells (90d)
9
$23.6M
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-07-07
filed 2026-07-08
TYLER BRIAN S.Chief Executive OfficerSell8.5K$793.56$6.7M
2026-06-17
filed 2026-06-18
TYLER BRIAN S.Chief Executive OfficerSell8.5K$775.13$6.6M
2026-06-09
filed 2026-06-11
TYLER BRIAN S.Chief Executive OfficerSell4.9K$763.00$3.8M
2026-06-05
filed 2026-06-08
Rutledge Napoleon B JRSVP, Controller & CAOSell133$764.00$102K
2026-06-02
filed 2026-06-03
Rodgers Thomas LEVP, Chief Strategy & BDOSell699$735.27$514K
2026-06-01
filed 2026-06-02
Smith LeAnn BEVP & Chief HR OfficerSell1.8K$735.50$1.3M
2026-06-01
filed 2026-06-03
Rodgers Thomas LEVP, Chief Strategy & BDOSell123$735.50$90K
2026-05-26
filed 2026-05-27
Lau MicheleEVP and Chief Legal OfficerSell3.5K$761.09$2.7M
2026-05-26
filed 2026-05-27
Rodgers Thomas LEVP, Chief Strategy & BDOSell2.4K$761.09$1.8M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
3.9M
settled 2026-07-15
Change vs prior
-5.8%
vs previous settlement
Days to cover
4.12
at avg daily volume
Avg daily volume
941.6K
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-153.9M-5.8%4.12
2026-06-304.1M-7.5%2.84
2026-06-154.5M-15.0%5.41
2026-05-295.2M+81.9%3.31
2026-05-152.9M+6.2%2.04
2026-04-302.7M+5.2%3.12
2026-04-152.6M+3.2%3.84
2026-03-312.5M+29.9%2.92

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$403.43B$359.05B$308.95B$276.71B$263.97B
Gross profit$14.55B$13.32B$12.83B$12.36B$13.13B
Operating income$6.21B$4.42B$3.91B$4.38B$2.04B
Net income$4.76B$3.29B$3.00B$3.56B$1.11B
Diluted EPS$38.38$25.72$22.39$25.03$7.23

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

 FY2026FY2025FY2024FY2023FY2022
Cash and equivalents$3.98B$5.69B$4.58B$4.68B$3.53B
Current assets$57.21B$55.40B$47.97B$44.29B$46.23B
Total assets$82.32B$75.14B$67.44B$62.32B$63.30B
Current liabilities$67.02B$61.60B$52.36B$47.96B$48.47B
Long-term debt$5.26B$4.46B$5.58B$4.63B$5.08B
Total liabilities$84.10B$76.83B$69.04B$63.81B$65.09B
Total equity$-1.78B$-1.69B$-1.60B$-1.49B$-1.79B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$6.16B$6.08B$4.31B$5.16B$4.43B
Capital expenditure$436.0M$537.0M$431.0M$390.0M$388.0M
Free cash flow$5.72B$5.55B$3.88B$4.77B$4.05B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q4 FY2026$96.30B6.0%$1.68B$13.69
Q3 FY2026$106.16B11.4%$1.19B$9.59
Q2 FY2026$103.15B10.1%$1.11B$8.92
Q1 FY2026$97.83B23.4%$784.0M$6.25
Q4 FY2025$90.82B18.9%$1.26B$10.00
Q3 FY2025$95.29B17.8%$879.0M$6.95
Q2 FY2025$93.65B21.3%$241.0M$1.87
Q1 FY2025$79.28B6.4%$915.0M$7.00

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorHealthcare
SIC industryWholesale-Drugs, Proprietaries & Druggists' Sundries
Fiscal year endMarch 31
Latest fiscal periodFY2026
SEC filings since2016
SEC CIK927653

Recent SEC filings

10-K2026-05-08
View on EDGAR →
10-K2025-05-09
View on EDGAR →
10-Q2026-02-04
View on EDGAR →
10-Q2025-11-06
View on EDGAR →
10-Q2025-08-06
View on EDGAR →
10-Q2025-02-06
View on EDGAR →
8-K2026-07-24
View on EDGAR →
8-K2026-07-01
View on EDGAR →

Largest Healthcare peers

All Healthcare companies →

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.