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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 operating margin

Operating margin is operating income as a percentage of revenue.

McKesson's operating margin for the twelve months ending Sep 30, 2026 was 1.6%. For fiscal 2026 it was 1.5%, against 1.2% the year before. The highest annual figure on record is 3.6% in fiscal 2017.

Annual operating margin

PeriodPeriod endValueChange (pts)
FY2026Mar 31, 20261.5%+0.3
FY2025Mar 31, 20251.2%−0.0
FY2024Mar 31, 20241.3%−0.3
FY2023Mar 31, 20231.6%+0.8
FY2022Mar 31, 20220.8%+2.9
FY2021Mar 31, 2021-2.1%−3.2
FY2020Mar 31, 20201.1%+0.7
FY2019Mar 31, 20190.4%+0.0
FY2018Mar 31, 20180.4%−3.2
FY2017Mar 31, 20173.6%+1.7
FY2016Mar 31, 20161.9%+0.2
FY2015Mar 31, 20151.7%−0.1
FY2014Mar 31, 20141.8%−0.1
FY2013Mar 31, 20131.9%+0.2
FY2012Mar 31, 20121.7%+0.1
FY2011Mar 31, 20111.6%−0.2
FY2010Mar 31, 20101.8%+0.7
FY2009Mar 31, 20091.1%−0.3
FY2008Mar 31, 20081.5%–

Quarterly operating margin

Change is against the same quarter a year earlier.

Periods
PeriodPeriod endValueChange (pts)
Q2 FY2027CQ3 2026Sep 30, 20261.4%+0.1
Q1 FY2027CQ2 2026Jun 30, 20261.3%+0.2
Q4 FY2026CQ1 2026Mar 31, 20262.2%+0.5
Q3 FY2026CQ4 2025Dec 31, 20251.5%+0.2
Q2 FY2026CQ3 2025Sep 30, 20251.4%+0.7
Q1 FY2026CQ2 2025Jun 30, 20251.1%−0.2
Q4 FY2025CQ1 2025Mar 31, 20251.8%+0.2
Q3 FY2025CQ4 2024Dec 31, 20241.3%+0.5
Q2 FY2025CQ3 2024Sep 30, 20240.6%−0.6
Q1 FY2025CQ2 2024Jun 30, 20241.3%−0.2
Q4 FY2024CQ1 2024Mar 31, 20241.6%+0.2
Q3 FY2024CQ4 2023Dec 31, 20230.8%−1.0
Q2 FY2024CQ3 2023Sep 30, 20231.2%−0.4
Q1 FY2024CQ2 2023Jun 30, 20231.5%−0.1
Q4 FY2023CQ1 2023Mar 31, 20231.4%+0.5
Q3 FY2023CQ4 2022Dec 31, 20221.8%+1.3
Q2 FY2023CQ3 2022Sep 30, 20221.6%+0.8
Q1 FY2023CQ2 2022Jun 30, 20221.5%+0.6
Q4 FY2022CQ1 2022Mar 31, 20221.0%−0.8
Q3 FY2022CQ4 2021Dec 31, 20210.4%+12.2
Q2 FY2022CQ3 2021Sep 30, 20210.8%−0.2
Q1 FY2022CQ2 2021Jun 30, 20210.9%−0.3
Q4 FY2021CQ1 2021Mar 31, 20211.7%+0.2
Q3 FY2021CQ4 2020Dec 31, 2020-11.8%−12.4
Q2 FY2021CQ3 2020Sep 30, 20201.0%−0.0
Q1 FY2021CQ2 2020Jun 30, 20201.2%+0.1
Q4 FY2020CQ1 2020Mar 31, 20201.5%+2.6
Q3 FY2020CQ4 2019Dec 31, 20190.6%−0.6
Q2 FY2020CQ3 2019Sep 30, 20191.1%−0.2
Q1 FY2020CQ2 2019Jun 30, 20191.1%+1.0
Q4 FY2019CQ1 2019Mar 31, 2019-1.1%+0.7
Q3 FY2019CQ4 2018Dec 31, 20181.2%−0.3
Q2 FY2019CQ3 2018Sep 30, 20181.3%+0.8
Q1 FY2019CQ2 2018Jun 30, 20180.2%−1.1
Q4 FY2018CQ1 2018Mar 31, 2018-1.8%−11.6
Q3 FY2018CQ4 2017Dec 31, 20171.6%−0.1
Q2 FY2018CQ3 2017Sep 30, 20170.5%–
Q1 FY2018CQ2 2017Jun 30, 20171.2%–
Q4 FY2017CQ1 2017Mar 31, 20179.7%–
Q3 FY2017CQ4 2016Dec 31, 20161.7%–

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