Mckesson (MCK) FCF Margin (2009 - 2026)
Mckesson's (MCK) quarterly FCF Margin came in at 0.32% in Q2 2026, up 74.0% year-over-year from 0.18% in Q2 2025, and down 109.17% quarter-over-quarter from 3.44% in Q1 2026.
Analysis
Mckesson (MCK) FCF Margin (2009 - 2026) Analysis & Trends
Mckesson (MCK) has reported FCF Margin for 18 consecutive years, with 0.32% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin rose 74.0% year-over-year to 0.32% in Q2 2026; TTM through Jun 2026 was 1.56%, a 3.0% decrease from a year earlier, with the FY2026 full-year figure at 1.42%, down 13.0% from the prior year.
- FCF Margin was 0.32% for Q2 2026 at Mckesson, down from 3.44% in the prior quarter.
- Over five years, FCF Margin peaked at 8.34% in Q1 2025 and troughed at 2.63% in Q4 2024.
- A 5-year average of 1.52% and a median of 1.3% in 2022 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin soared 369 bps in 2025 and sank 491 bps in 2026, its largest moves.
- Over 5 years, FCF Margin stood at 2.21% in 2022, then plunged by 91 bps to 0.2% in 2023, then sank by 1399 bps to 2.63% in 2024, then surged by 140 bps to 1.06% in 2025, then tumbled by 130 bps to 0.32% in 2026.
- The last three FCF Margin figures came in at 0.32% (Q2 2026), 3.44% (Q1 2026), and 1.06% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 105.43 Bn | 100.27 Bn | 3.69 Bn | -0.32% |
| 2 | Cencora | 62.70 Bn | 59.89 Bn | 3.61 Bn | 2.86% |
| 3 | Cardinal Health | 56.59 Bn | 51.74 Bn | 2.56 Bn | 2.24% |
| 4 | Henry Schein | 9.95 Bn | 9.80 Bn | 1.10 Bn | 6.13% |
| 5 | ZeroStack | 40.56 Mn | 37.59 Mn | 1.62 Mn | 10.05% |
| 6 | 111 | 30.11 Mn | 113.01 Mn | 18.18 Mn | -3.87% |
| 7 | Guardian Pharmacy Services | 5.58 Mn | -84.23 Mn | 80.04 Mn | 8.54% |
| 8 | Ridgetech | 4.78 Mn | -13.23 Mn | - | - |
| 9 | MedWellAI | 2.27 Mn | 2.28 Mn | - | -1.21% |
| 10 | DataMeds AI | 1.84 Mn | 1.79 Mn | 170,221.00 | -218.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.32% |
| Mar 31, 2026 | 3.44% |
| Dec 31, 2025 | 1.06% |
| Sep 30, 2025 | 2.24% |
| Jun 30, 2025 | -1.05% |
| Mar 31, 2025 | 8.34% |
| Dec 31, 2024 | -2.63% |
| Sep 30, 2024 | 2.10% |
| Jun 30, 2024 | -1.87% |
| Mar 31, 2024 | 5.18% |
| Dec 31, 2023 | 0.20% |
| Sep 30, 2023 | 1.15% |
| Jun 30, 2023 | -1.52% |
| Mar 31, 2023 | 4.64% |
| Dec 31, 2022 | 2.21% |
| Sep 30, 2022 | 1.46% |
| Jun 30, 2022 | -1.51% |
| Mar 31, 2022 | 4.16% |
| Dec 31, 2021 | 1.91% |
| Sep 30, 2021 | 2.55% |