Mckesson (MCK) FCF Margin (2009 - 2026)
Mckesson's FCF Margin was -0.32% in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 0.74 percentage points from -1.05% a year earlier but down 3.75 percentage points from the prior quarter.
Mckesson (MCK) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mckesson's FCF Margin was 1.56% through Jun 30, 2026, down 0.03 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 1.42%, down 0.13 percentage points from FY2025.
- FCF Margin shows a five-year change of -0.30 percentage points (FY2021 to FY2026).
- In earlier fiscal years, FCF Margin was 1.55% in FY2025 (+0.29 pp), 1.26% in FY2024 (-0.47 pp), 1.72% in FY2023 (+0.19 pp) and 1.53% in FY2022 (-0.18 pp).
- Quarterly FCF Margin has moved between -2.63% (fiscal Q3 2025) and 8.34% (fiscal Q4 2025) over five years.
- Compared with a year earlier, FCF Margin was higher in six of the last eight quarters, with an average year-over-year change of +0.22 percentage points.
- The best year-over-year quarter for FCF Margin over five years was fiscal Q3 2026 (a gain of 3.69 percentage points); the worst was fiscal Q4 2026 (a drop of 4.91 percentage points).
- Per Business Quant data, MCK's FCF Margin in the three fiscal quarters before Q1 2027 was 3.44% (Q4 2026), 1.06% (Q3 2026) and 2.24% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 341.92 Bn | 226.55 Bn | 36.67 Bn | 9.15% |
| 2 | Cvs Health | 112.26 Bn | 64.87 Bn | 47.23 Bn | 5.33% |
| 3 | Mckesson | 99.84 Bn | 86.30 Bn | 3.69 Bn | -0.32% |
| 4 | Elevance Health | 85.53 Bn | -56.21 Bn | 13.45 Bn | 3.22% |
| 5 | Cigna | 71.85 Bn | 41.39 Bn | 14.97 Bn | -1.00% |
| 6 | Cencora | 57.95 Bn | 47.04 Bn | 3.61 Bn | 2.86% |
| 7 | Cardinal Health | 51.09 Bn | 35.09 Bn | 2.56 Bn | 2.24% |
| 8 | Humana | 46.78 Bn | -41.02 Bn | 5.50 Bn | 4.49% |
| 9 | Centene | 30.87 Bn | -59.41 Bn | 14.55 Bn | 6.38% |
| 10 | Molina Healthcare | 9.86 Bn | -25.01 Bn | 1.43 Bn | -2.98% |
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% |
Mckesson FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=MCK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "MCK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=MCK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();