What was MCKESSON CORP's revenue in fiscal 2026?

MCKESSON CORP reported revenue of $403.43B for fiscal 2026, up 12.4% from fiscal 2025.

What is MCKESSON CORP's net margin?

Operating margin was 1.5% and net margin was 1.2%.

What is MCKESSON CORP's diluted EPS?

Diluted EPS was $38.38, up 49.2% from the prior year.

Are MCKESSON CORP insiders buying or selling shares?

Over the past 12 months, insiders reported 19 open-market sales totalling $29.1M on Form 4.

Which institutions hold MCKESSON CORP stock?

2,823 institutions reported holding MCKESSON CORP shares in 13F filings for the quarter ended June 30, 2026; the largest reported position was Vanguard Capital Management's.

Overview

MCKESSON CORP

MCKNYSEHealth CareWholesale-Drugs, Proprietaries & Druggists' SundriesCIK 0000927653Large-cap benchmark

Latest 10-K: FY2026, filed May 8, 2026 · Open the 10-K (Inline XBRL) ↗

Ask about MCK in Workspace

Revenue: $403.43B; 12.4%YoYup from FY2025; TotalRevenue
Gross profit: $14.55B; 9.2%YoYup from FY2025; GrossProfit
Operating income: $6.21B; 40.5%YoYup from FY2025; OperatingIncome
Net income: $4.76B; 44.5%YoYup from FY2025; NetIncome
Diluted EPS: $38.38; 49.2%YoYup from FY2025; EPSDiluted
Diluted shares: 124.1M; 3.1%YoYdown from FY2025; WeightedAvgSharesDiluted

At a glance

Growth

MCKESSON CORP reported revenue of $403.43B for fiscal 2026, up 12.4% from fiscal 2025.
Revenue grew faster than the median S&P 500 member in 4 of the last 4 fiscal years.

Profitability

Operating margin was 1.5% and net margin was 1.2%.

Per share

Diluted EPS was $38.38, up 49.2% from the prior year.

Insiders & holders

Over the past 12 months, insiders reported 19 open-market sales totalling $29.1M on Form 4.
2,823 institutions reported holding MCKESSON CORP shares in 13F filings for the quarter ended June 30, 2026; the largest reported position was Vanguard Capital Management's.

Written from the filed figures on this page by fixed rules — no AI.

Data as of Oct 31, 2026 · Sources: SEC EDGAR 10-K, Form 4, 13F

Quick answers

What was MCKESSON CORP's revenue in fiscal 2026?: MCKESSON CORP reported revenue of $403.43B for fiscal 2026, up 12.4% from fiscal 2025.
What is MCKESSON CORP's net margin?: Operating margin was 1.5% and net margin was 1.2%.
What is MCKESSON CORP's diluted EPS?: Diluted EPS was $38.38, up 49.2% from the prior year.
Are MCKESSON CORP insiders buying or selling shares?: Over the past 12 months, insiders reported 19 open-market sales totalling $29.1M on Form 4.
Which institutions hold MCKESSON CORP stock?: 2,823 institutions reported holding MCKESSON CORP shares in 13F filings for the quarter ended June 30, 2026; the largest reported position was Vanguard Capital Management's.

Data as of Oct 31, 2026 · Sources: SEC EDGAR 10-K

Financial statements

Annual figures from the 10-K, most recent fiscal year first.

Income Statement

5 annual periods

Chip: YoY change.

Income Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line item	FY2026	FY2025	FY2024	FY2023	FY2022	4Y CAGR
Revenue	$403.43B12.4%up	$359.05B16.2%up Benchmark median 6.4%	$308.95B11.7%up Benchmark median 4.5%	$276.71B4.8%up Benchmark median 4.8%	$263.97B10.8%up Benchmark median 10.3%	11.2%
Gross Profit Median of 315 / 498	$14.55B9.2%up	$13.32B3.9%up Benchmark median 6.8%	$12.83B3.8%up Benchmark median 5.5%	$12.36B5.9%down Benchmark median 5.2%	$13.13B8.1%up Benchmark median 8.3%	2.6%
Operating Income Median of 373 / 498	$6.21B40.5%up	$4.42B13.1%up Benchmark median 7.3%	$3.91B10.8%down Benchmark median 7.4%	$4.38B115.0%up Benchmark median 4.9%	$2.04Bn/m Benchmark median 7.5%	32.1%
Net Income	$4.76B44.5%up	$3.29B9.8%up Benchmark median 4.8%	$3.00B15.7%down Benchmark median 5.7%	$3.56B219.6%up Benchmark median 1.9%	$1.11Bn/m Benchmark median 1.3%	43.8%
EPS (Diluted)	$38.3849.2%up	$25.7214.9%up Benchmark median 6.2%	$22.3910.5%down Benchmark median 7.9%	$25.03246.2%up Benchmark median 1.9%	$7.23n/m Benchmark median 1.5%	51.8%

Balance Sheet

5 annual periods

Chip: YoY change.

Balance Sheet, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line item	FY2026	FY2025	FY2024	FY2023	FY2022	4Y CAGR
Total Assets	$82.32B9.6%up	$75.14B11.4%up Benchmark median 5.6%	$67.44B8.2%up Benchmark median 3.4%	$62.32B1.5%down Benchmark median 4.1%	$63.30B2.6%down Benchmark median 2.2%	6.8%
Total Liabilities Median of 357 / 498	—	—	—	—	—	—
Stockholders' Equity	negative: -$1.78Bn/m	negative: -$1.69Bn/m Benchmark median 6.8%	negative: -$1.60Bn/m Benchmark median 5.4%	negative: -$1.49Bn/m Benchmark median 7.3%	negative: -$1.79B1124.0%down Benchmark median 2.5%	n/m
Cash & Equivalents	$3.98B30.2%down	$5.69B24.2%up Benchmark median 5.2%	$4.58B2.0%down Benchmark median 1.9%	$4.68B32.4%up Benchmark median 6.7%	$3.53B43.7%down Benchmark median -8.6%	3.0%
Total Debt	$6.50B14.0%up	$5.70B1.8%up Benchmark median 2.1%	$5.60B0.0%unchanged Benchmark median 0.2%	$5.60B5.1%down Benchmark median 0.3%	$5.90B16.9%down Benchmark median 0.1%	2.5%

Cash Flow Statement

5 annual periods

Chip: YoY change.

Cash Flow Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line item	FY2026	FY2025	FY2024	FY2023	FY2022	4Y CAGR
Operating Cash Flow	$6.16B1.2%up	$6.08B41.1%up Benchmark median 6.3%	$4.31B16.4%down Benchmark median 4.8%	$5.16B16.4%up Benchmark median 9.9%	$4.43B2.4%down Benchmark median -0.7%	8.5%
Capital Expenditures	$436.00M18.8%down	$537.00M24.6%up Benchmark median 5.4%	$431.00M10.5%up Benchmark median 2.8%	$390.00M0.5%up Benchmark median 11.3%	$388.00M14.0%down Benchmark median 14.0%	3.0%
Free Cash Flow Median of 378 / 498	$5.72B3.1%up	$5.55B42.9%up Benchmark median 7.3%	$3.88B18.6%down Benchmark median 6.1%	$4.77B17.9%up Benchmark median 8.8%	$4.05B1.1%down Benchmark median -11.3%	9.0%

n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.

Benchmark median = median of the companies in the benchmark universe on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-27. This compares reported figures, not share-price returns. Methodology

Ratios & valuation

FY2026

Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.

Valuation · Earnings yield

What a dollar of market value earned

4.4%

Wall Street

on net earnings

FY2025 3.8%

5.3%

Value investor

on free cash flow

FY2025 6.4%

Gap +0.9 pts: Value-investor figure 0.9 points higher

How it’s calculated

Wall Street · on net earnings

Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)

pe_ratio (ratio table)

P/E 22.5×

Value investor · on free cash flow

(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)

free cash flow ÷ market cap

Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.

Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.

Cash & capital allocation

Where the cash went in FY2026, from the 10-K cash flow statement.

Operating cash flow: $6.16B
Capex: $436.00M
Free cash flow: $5.72B
R&D: —
Buybacks: $4.75B
Dividends: $381.00M
Debt repaid: $1.21B
Debt issued: $1.99B
Net debt change: $783.00M

Uses of operating cash flow, FY2026

Buybacks77.2%
Dividends6.2%
Capex7.1%
Debt repayment19.6%

Each use is shown against operating cash flow on its own; the uses overlap.

Free cash flow by year

FY21$4.09B
FY22$4.05B
FY23$4.77B
FY24$3.88B
FY25$5.55B
FY26$5.72B

Buybacks by year

FY21$742.00M
FY22$3.52B
FY23$3.64B
FY24$3.02B
FY25$3.15B
FY26$4.75B

Smart money

Who is trading and holding MCKESSON CORP, from Form 4, 13F and 13D/13G filings.

Insiders

Insider activity · past 12 months

Open-market trades reported on Form 4 in the past 365 days.

Buys: 0; none reported
Sales: 19; 8 insiders
Value sold: $29.1M
Shares sold: 36,270.491
Net shares: -36,270.491; bought minus sold
Last trade: Oct 15, 2026

Purchases 0% of valueSales 100% of value

Latest open-market insider trades from Form 4
Insider	Type	Date	Shares	Price	Value	Filing
Fraga FranciscoEVP, CIO and CTO	Sell	Oct 15, 2026	800.491	$995.80	$797,129	View filing on SEC EDGAR
Rutledge Napoleon B JRSVP, Controller & CAO	Sell	Sep 8, 2026	111	$891.45	$98,951	View filing on SEC EDGAR
Lerman Bradley EDirector	Sell	Aug 10, 2026	301	$892.33	$268,590	View filing on SEC EDGAR

See plans

Open-market purchases (code P) and sales (code S) only. Grants, option exercises and tax withholding are excluded. Sales may be made under pre-arranged Rule 10b5-1 plans.

Ownership

Largest institutional holders

13F

Quarter ended Jun 30, 2026; change versus Mar 31, 2026.

Institutions reporting: 2,823
Top 3 hold: 14.1%; of 124.10M diluted shares, FY2026 10-K

Top 3 holders, share of diluted sharesof 100%

Vanguard Capital Management6.3%
7,853,137 sh · $5.9BTrimmed 1.4%13F-HR · Jun 30, 2026 on SEC EDGAR
STATE STREET CORP4.6%
5,727,118 sh · $4.3BTrimmed 0.1%13F-HR · Jun 30, 2026 on SEC EDGAR
BlackRock, Inc.3.1%
3,882,595 sh · $2.9BNo prior-quarter match13F-HR · Jun 30, 2026 on SEC EDGAR

See plans

Some filers' amendments could not be read, so a few holders may be counted twice.

Bars: share of diluted shares on a shared scale; the tick marks 5%. 13F filings are due 45 days after quarter end, so this is the latest fully reported quarter. Amended filings are counted once.

Blockholders, 5% and over

13D/G

SC 13D / 13G, latest filing per filer.

Filers at 5%+: 2
Combined: 14.8%; sum of latest filings
Activist (13D): 0

5%+ filers, share of the class as filedof 100%

Vanguard Capital Management7.49%
Passive · 13GSC 13G · Apr 30, 2026 on SEC EDGAR
BlackRock, Inc.7.3%
Passive · 13GLast filed 1 yr agoSC 13G/A · Apr 17, 2025 on SEC EDGAR

No filer switched from a passive 13G to an activist 13D in the last 365 days.

Percent of the class as each filer last reported it; filings older than a year may no longer reflect the stake. Latest filing per filer within three years; a later filing reporting 0% removes the filer.

Full history, every insider and 13F filer, 13D/G activist stakes, and webhooks are on Institutional.

See Institutional

Smart money

Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.

Restatement Radar

6 numbers MCKESSON CORP later changed — same XBRL tag, both filings linked.

numbers changed: 6
restating filings: 3
came with an amendment or a non-reliance notice: 3

Jun 18, 1998 · 10-K405
changed 1 number
No amendment filed
Open filing
- Net incomeQ2 1996$58.2M restated to $10M−82.8%
  As reported · Nov 13, 1996fds5:NET-INCOMEAny P/E built on the original was 482.0% too low.
Jul 16, 1999 · 10-K405/A
changed 3 numbers
Amended filing
Open filing
- Pretax incomeFY 1997$37.1M restated to $171.2M+361.5%
  As reported · Jun 19, 1997fds5:INCOME-PRETAX
- Net incomeFY 1997$133.9M restated to $212.1M+58.4%
  As reported · Jun 19, 1997fds5:NET-INCOMEAny P/E built on the original was 36.9% too high.
- Total revenueFY 1997$12.9B restated to $16.9B+31.3%
  As reported · Jun 19, 1997fds5:TOTAL-REVENUESAny P/S built on the original was 23.8% too high.
Jun 13, 2000 · 10-K
changed 2 numbers
No amendment filed
Open filing
- Net incomeFY 1998$154.9M restated to $304.6M+96.6%
  As reported · Jun 18, 1998fds5:NET-INCOMEAny P/E built on the original was 49.1% too high.
- Pretax incomeFY 1998$259.7M restated to $459.3M+76.9%
  As reported · Jun 18, 1998fds5:INCOME-PRETAX

MCK is not the only one.

See every restatement we've found across the market — or get an alert the next time MCK revises a number.

Restatement Radar Alert me

Restatements are detected by comparing every vintage of a fact across all of MCKESSON CORP's filings back to 1993. A revision is not by itself a sign of wrongdoing — companies re-file for many legitimate reasons. This list is not exhaustive: it shows MCK's most significant revisions, and a figure absent from it has not been certified as unrevised.

Peers, filings & research

Sector Peers

UNITEDHEALTH GROUP INC

MRK· Health Care

Merck & Co., Inc.

TMO· Health Care

THERMO FISHER SCIENTIFIC INC.

ABT· Health Care

ABBOTT LABORATORIES

ISRG· Health Care

INTUITIVE SURGICAL INC

AMGN· Health Care

AMGEN INC

Recent SEC filings

The six newest, periodic reports and 8-Ks together. Dates are SEC filing dates.

All filings on EDGAR

Six most recent SEC filings, newest first
Form	Filing	Filed	Document
8-K	Current report (material events) · Event dated Oct 6, 2026 0000927653-26-000253 · accepted 12:03 UTC	Oct 6, 2026	Open	Filed Oct 6, 2026 · 0000927653-26-000253
8-K	Current report (material events) · Event dated Aug 25, 2026 0000927653-26-000247 · accepted 20:05 UTC	Aug 28, 2026	Open	Filed Aug 28, 2026 · 0000927653-26-000247
10-Q	Quarterly report · Quarter ended Jun 30, 2026 0000927653-26-000234 · accepted 21:29 UTC	Aug 5, 2026	Open	Filed Aug 5, 2026 · 0000927653-26-000234
10-K	Annual report · Fiscal year ended Mar 31, 2026 0000927653-26-000069 · accepted May 7, 21:35 UTC	May 8, 2026	Open	Filed May 8, 2026 · 0000927653-26-000069
10-K/A	Annual report amendment · Fiscal year ended Mar 31, 1999 0000929624-99-001806 · accepted 12:00 UTC	Oct 12, 1999	Open	Filed Oct 12, 1999 · 0000929624-99-001806
10-Q/A	Quarterly report amendment · Quarter ended Jun 30, 1996 0000927653-97-000013 · accepted 12:00 UTC	Jun 6, 1997	Open	Filed Jun 6, 1997 · 0000927653-97-000013

“Open” goes to the Inline XBRL viewer when the filing has one, else the primary document. The accession opens the EDGAR index.

Research Reports

No published research on MCK yet.

Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on MCK and publish the result to your public profile.

Browse the research catalog Generate one with your agent

The data behind this page

27 tables, history 1993–present. Every figure above is a row you can query.

Fundamentals

Standardized financial facts, ratios and filings.

fact: 121.4Mrows
ratio: 15.8Mrows
filing: 3.71Mrows
entity: 33,316rows

350+ standard concepts.

Built from these SEC forms

10-K
10-K/A
10-K405
10-K405/A
10-KT
10-KT/A
10-Q
10-Q/A
10-QT
10-QT/A
20-F
20-F/A
40-F
40-F/A
8-K
8-K/A
6-K
6-K/A
S-1
S-1/A
S-3
S-3/A
S-4
S-4/A
S-11
S-11/A
F-1
F-1/A
F-3
F-3/A
F-4
F-4/A
POS AM
10-KSB
10-KSB/A
10-QSB
10-QSB/A
DEF 14Asoon
DEF 14Csoon
DEFA14Asoon
PRE 14Asoon
DEFM14Asoon
425soon
SC TO-Tsoon
SC TO-Isoon
SC 14D9soon
SC 13E3soon
CORRESPsoon
NT 10-Ksoon
NT 10-Qsoon
NT 20-Fsoon
N-PORT-Psoon

Smart money

Insider and institutional filings.

institutional_holding: 88.6Mrows
insider_transaction: 12.1Mrows
insider_filing: 5.55Mrows
insider_ownership: 1.98Mrows

109M+ smart-money rows in all.

Built from these SEC forms

Form 3
Form 3/A
Form 4
Form 4/A
Form 5
Form 5/A
13F-HR
13F-HR/A
13F-NT
13F-NT/A
SC 13D
SC 13D/A
SC 13G
SC 13G/A
Form 144
Form 144/A

One real fact row for MCKESSON CORP

Fact receiptOperatingCashFlow

Operating cash flow · FY2026

$6.16B

6,155,000,000 USD

MCKESSON CORP reported Operating cash flow of $6.2B for fiscal year 2026 in its 10-K filed May 8, 2026.

Fiscal period: 2026 FY
Period end: 2026-03-31
Form: 10-K
Filed: May 8, 2026
Entity (CIK): 0000927653

Provenance trail

Filed with the SEC
Form 10-K, filed May 8, 2026.
Accession 0000927653-26-000069
Open in the Inline XBRL viewer for 0000927653-26-000069
Reported in the filing
Operating cash flow for fiscal year 2026, the period ended 2026-03-31, in USD. Valuein maps the filed line to the standard concept OperatingCashFlow.
Stored as one fact row
Every channel returns this row with the same id.
fact_id d95d6652edcd6433893531865d34db0e8cd9c9845d045df064acc9119f066f22
Shown on this page
The same $6.16B appears in the Cash Flow Statement and in Cash & capital allocation.

fact rowjson

{  "entity_id": "0000927653",  "standard_concept": "OperatingCashFlow",  "fiscal_year": 2026,  "fiscal_period": "FY",  "period_end": "2026-03-31",  "numeric_value": 6155000000,  "unit": "USD",  "accession": "0000927653-26-000069",  "fact_id": "d95d6652edcd6433893531865d34db0e8cd9c9845d045df064acc9119f066f22"}

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bash

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Read the API docs

Terminalbash

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Python

from valuein_sdk import ValueinClient with ValueinClient() as client:    sql = """        SELECT fiscal_year, numeric_value FROM fact        WHERE entity_id = '0000927653'          AND standard_concept = 'TotalRevenue'          AND fiscal_period = 'FY'    """    print(client.run_query(sql))

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bash

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bash

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Cite this page

Data as of Oct 31, 2026. Canonical address: https://valuein.biz/data/MCK

APA-style text

Valuein. (2026, October 31). MCKESSON CORP (MCK) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/MCK

BibTeX

@misc{valuein_mck_2026,
  author = {{Valuein}},
  title = {MCKESSON CORP (MCK) financial statements, earnings power and smart-money summary},
  year = {2026},
  howpublished = {\url{https://valuein.biz/data/MCK}},
  note = {Data as of 2026-10-31; source: SEC EDGAR filings}
}

Open 10-K in SEC Inline XBRL viewer

10-K filed May 8, 2026 · accession 0000927653-26-000069

Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.

point-in-time · survivorship-free · every number traceable to its SEC filing

View MCK filings on SEC EDGAR

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At a glance

Growth

Profitability

Per share

Insiders & holders

02Financial statements

Income Statement

Balance Sheet

Cash Flow Statement

Ratios & valuation

03Cash & capital allocation

Uses of operating cash flow, FY2026

Free cash flow by year

Buybacks by year

04Smart money

Insiders

Insider activity · past 12 months

Ownership

Largest institutional holders

Blockholders, 5% and over

Smart money

Jun 18, 1998 · 10-K405

Jul 16, 1999 · 10-K405/A

Jun 13, 2000 · 10-K

06Peers, filings & research

Sector Peers

Recent SEC filings

Research Reports

07The data behind this page

Fundamentals

Built from these SEC forms

Smart money

Built from these SEC forms

One real fact row for MCKESSON CORP

Provenance trail

Get the same data

08Cite this page

Insiders & holders

03Cash & capital allocation

Uses of operating cash flow, FY2026

Free cash flow by year

Buybacks by year

04Smart money

Insiders

Insider activity · past 12 months

Ownership

Largest institutional holders

Blockholders, 5% and over

Jun 18, 1998 · 10-K405

Jul 16, 1999 · 10-K405/A

Jun 13, 2000 · 10-K

Sector Peers

Recent SEC filings

07The data behind this page

Fundamentals

Built from these SEC forms

Smart money

Built from these SEC forms

One real fact row for MCKESSON CORP

Provenance trail

Get the same data

Financial statements

Cash & capital allocation

Smart money

Peers, filings & research

The data behind this page

Cite this page

Cash & capital allocation

Smart money

The data behind this page