McKesson Corp (MCK) stock
MCKNYSEWholesale-Drugs, Proprietaries & Druggists' SundriesFiscal year ends March 31
Financials through Q2 FY2027, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 16/3026% above fair value
$1102.81+25.76 (+2.39%)
Close on Nov 13, 2026Market cap $128.58BP/E 28.4Yield 0.29%
McKesson gross margin
Gross margin is gross profit as a percentage of revenue.
McKesson's gross margin for the twelve months ending Sep 30, 2026 was 3.7%. For fiscal 2026 it was 3.6%, against 3.7% the year before. The highest annual figure on record is 6.4% in fiscal 2015.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Mar 31, 2026 | 3.6% | −0.1 |
| FY2025 | Mar 31, 2025 | 3.7% | −0.4 |
| FY2024 | Mar 31, 2024 | 4.2% | −0.3 |
| FY2023 | Mar 31, 2023 | 4.5% | −0.5 |
| FY2022 | Mar 31, 2022 | 5.0% | −0.1 |
| FY2021 | Mar 31, 2021 | 5.1% | −0.1 |
| FY2020 | Mar 31, 2020 | 5.2% | −0.3 |
| FY2019 | Mar 31, 2019 | 5.5% | +0.1 |
| FY2018 | Mar 31, 2018 | 5.4% | −0.3 |
| FY2017 | Mar 31, 2017 | 5.7% | −0.3 |
| FY2016 | Mar 31, 2016 | 6.0% | −0.4 |
| FY2015 | Mar 31, 2015 | 6.4% | +0.3 |
| FY2014 | Mar 31, 2014 | 6.1% | +0.4 |
| FY2013 | Mar 31, 2013 | 5.6% | +0.4 |
| FY2012 | Mar 31, 2012 | 5.2% | −0.1 |
| FY2011 | Mar 31, 2011 | 5.3% | +0.1 |
| FY2010 | Mar 31, 2010 | 5.2% | +0.2 |
| FY2009 | Mar 31, 2009 | 5.0% | +0.1 |
| FY2008 | Mar 31, 2008 | 4.9% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2027CQ3 2026 | Sep 30, 2026 | 3.6% | +0.1 |
| Q1 FY2027CQ2 2026 | Jun 30, 2026 | 3.5% | +0.1 |
| Q4 FY2026CQ1 2026 | Mar 31, 2026 | 4.2% | +0.2 |
| Q3 FY2026CQ4 2025 | Dec 31, 2025 | 3.5% | +0.0 |
| Q2 FY2026CQ3 2025 | Sep 30, 2025 | 3.4% | −0.0 |
| Q1 FY2026CQ2 2025 | Jun 30, 2025 | 3.4% | −0.6 |
| Q4 FY2025CQ1 2025 | Mar 31, 2025 | 4.0% | −0.7 |
| Q3 FY2025CQ4 2024 | Dec 31, 2024 | 3.4% | −0.5 |
| Q2 FY2025CQ3 2024 | Sep 30, 2024 | 3.5% | −0.5 |
| Q1 FY2025CQ2 2024 | Jun 30, 2024 | 4.0% | −0.1 |
| Q4 FY2024CQ1 2024 | Mar 31, 2024 | 4.7% | +0.2 |
| Q3 FY2024CQ4 2023 | Dec 31, 2023 | 3.9% | −0.6 |
| Q2 FY2024CQ3 2023 | Sep 30, 2023 | 4.0% | −0.4 |
| Q1 FY2024CQ2 2023 | Jun 30, 2023 | 4.1% | −0.4 |
| Q4 FY2023CQ1 2023 | Mar 31, 2023 | 4.4% | −0.6 |
| Q3 FY2023CQ4 2022 | Dec 31, 2022 | 4.5% | −0.5 |
| Q2 FY2023CQ3 2022 | Sep 30, 2022 | 4.4% | −0.6 |
| Q1 FY2023CQ2 2022 | Jun 30, 2022 | 4.5% | −0.3 |
| Q4 FY2022CQ1 2022 | Mar 31, 2022 | 5.0% | −0.6 |
| Q3 FY2022CQ4 2021 | Dec 31, 2021 | 5.0% | −0.0 |
| Q2 FY2022CQ3 2021 | Sep 30, 2021 | 5.0% | +0.1 |
| Q1 FY2022CQ2 2021 | Jun 30, 2021 | 4.8% | −0.0 |
| Q4 FY2021CQ1 2021 | Mar 31, 2021 | 5.6% | −0.1 |
| Q3 FY2021CQ4 2020 | Dec 31, 2020 | 5.0% | −0.1 |
| Q2 FY2021CQ3 2020 | Sep 30, 2020 | 4.9% | −0.0 |
| Q1 FY2021CQ2 2020 | Jun 30, 2020 | 4.8% | −0.2 |
| Q4 FY2020CQ1 2020 | Mar 31, 2020 | 5.7% | −0.4 |
| Q3 FY2020CQ4 2019 | Dec 31, 2019 | 5.1% | −0.2 |
| Q2 FY2020CQ3 2019 | Sep 30, 2019 | 5.0% | −0.3 |
| Q1 FY2020CQ2 2019 | Jun 30, 2019 | 5.0% | −0.3 |
| Q4 FY2019CQ1 2019 | Mar 31, 2019 | 6.1% | +0.1 |
| Q3 FY2019CQ4 2018 | Dec 31, 2018 | 5.3% | +0.2 |
| Q2 FY2019CQ3 2018 | Sep 30, 2018 | 5.3% | −0.2 |
| Q1 FY2019CQ2 2018 | Jun 30, 2018 | 5.3% | +0.3 |
| Q4 FY2018CQ1 2018 | Mar 31, 2018 | 6.0% | +0.2 |
| Q3 FY2018CQ4 2017 | Dec 31, 2017 | 5.1% | −0.5 |
| Q2 FY2018CQ3 2017 | Sep 30, 2017 | 5.4% | – |
| Q1 FY2018CQ2 2017 | Jun 30, 2017 | 5.0% | – |
| Q4 FY2017CQ1 2017 | Mar 31, 2017 | 5.7% | – |
| Q3 FY2017CQ4 2016 | Dec 31, 2016 | 5.6% | – |
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