Mckesson (MCK) FCF Margin (2009 - 2026)

Mckesson's (MCK) quarterly FCF Margin came in at 3.48% in Q1 2026, down 470.0% year-on-year from 0.94% in Q1 2025, and up 216.72% on a QoQ basis from 1.1% in Q4 2025.

Mckesson (MCK) FCF Margin (2009 - 2026) Analysis & Trends

Mckesson (MCK) has 18 years of FCF Margin data on file, last reported at 3.48% in Q1 2026.

  • On a quarterly basis, FCF Margin fell 470.0% year-over-year to 3.48% in Q1 2026; TTM through Mar 2026 was 1.45%, a 10.0% decrease from a year earlier, with the FY2026 full-year figure at 1.45%, down 10.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 3.48%, up from 1.1% in the prior quarter.
  • Over the last five years, FCF Margin for MCK reached as high as 8.17% in Q1 2025 and fell as low as 2.47% in Q4 2024.
  • Historically, FCF Margin has averaged 1.67% across 5 years, with a median of 1.59% in 2022.
  • Across the five-year window, FCF Margin surged 357 bps in 2025 and slumped 470 bps in 2026, its largest moves.
  • Year by year, FCF Margin stood at 2.08% in 2022, then plunged by 89 bps to 0.23% in 2023, then sank by 1152 bps to 2.47% in 2024, then surged by 144 bps to 1.1% in 2025, then jumped by 217 bps to 3.48% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 3.48% in Q1 2026, 1.1% in Q4 2025, and 2.26% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Mckesson 105.15 Bn 101.18 Bn 4.04 Bn 3.48%
2 Cencora 60.58 Bn 58.40 Bn 3.59 Bn 1.50%
3 Cardinal Health 53.81 Bn 49.87 Bn 2.50 Bn 2.75%
4 Henry Schein 9.71 Bn 9.57 Bn 1.07 Bn -3.62%
5 Akso Health 3.28 Bn 3.28 Bn - -
6 111 651.73 Mn 572.63 Mn 23.58 Mn 1.06%
7 Accendra Health 248.02 Mn -88.86 Mn 278.03 Mn -14.61%
8 Edap Tms 230.14 Mn 215.14 Mn 8.15 Mn -18.96%
9 VitaNova Life Sciences 11.51 Mn 11.01 Mn 316,343.00 -12.74%
10 Cosmos Health 9.57 Mn 7.41 Mn 1.38 Mn -6.02%

Historic Data

Download Data
DateValue
Mar 31, 2026 3.48%
Dec 31, 2025 1.10%
Sep 30, 2025 2.26%
Jun 30, 2025 -1.02%
Mar 31, 2025 8.17%
Dec 31, 2024 -2.47%
Sep 30, 2024 2.05%
Jun 30, 2024 -1.82%
Mar 31, 2024 5.33%
Dec 31, 2023 0.23%
Sep 30, 2023 1.17%
Jun 30, 2023 -1.47%
Mar 31, 2023 4.97%
Dec 31, 2022 2.08%
Sep 30, 2022 1.59%
Jun 30, 2022 -1.51%
Mar 31, 2022 4.34%
Dec 31, 2021 1.96%
Sep 30, 2021 2.65%
Jun 30, 2021 -2.69%