Mckesson (MCK) Gross Margin (2009 - 2026)

Mckesson's (MCK) quarterly Gross Margin came in at 4.2% in Q1 2026, up 19.0% year-on-year from 3.53% in Q1 2025, and up 20.98% on a QoQ basis from 3.47% in Q4 2025.

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

Mckesson (MCK) has 18 years of Gross Margin data on file, last reported at 4.2% in Q1 2026.

  • On a quarterly basis, Gross Margin rose 19.0% year-over-year to 4.2% in Q1 2026; TTM through Mar 2026 was 3.61%, a 10.0% decrease from a year earlier, with the FY2026 full-year figure at 3.61%, down 10.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 4.2%, up from 3.47% in the prior quarter.
  • Over the last five years, Gross Margin for MCK reached as high as 5.02% in Q1 2022 and fell as low as 3.35% in Q2 2025.
  • Historically, Gross Margin has averaged 4.05% across 5 years, with a median of 4.01% in 2025.
  • Across the five-year window, Gross Margin climbed 25 bps in 2024 and tumbled 69 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 4.5% in 2022, then dropped by 13 bps to 3.9% in 2023, then slipped by 12 bps to 3.45% in 2024, then increased by 1 bps to 3.47% in 2025, then climbed by 21 bps to 4.2% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 4.2% in Q1 2026, 3.47% in Q4 2025, and 3.43% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Mckesson 105.15 Bn 101.18 Bn 4.04 Bn 4.20%
2 Cencora 60.58 Bn 58.40 Bn 3.59 Bn 4.58%
3 Cardinal Health 53.81 Bn 49.87 Bn 2.50 Bn 4.10%
4 Henry Schein 9.71 Bn 9.57 Bn 1.07 Bn 31.77%
5 Akso Health 3.28 Bn 3.28 Bn - -
6 111 651.73 Mn 572.63 Mn 23.58 Mn 5.85%
7 Accendra Health 248.02 Mn -88.86 Mn 278.03 Mn 44.29%
8 Edap Tms 230.14 Mn 215.14 Mn 8.15 Mn 45.73%
9 VitaNova Life Sciences 11.51 Mn 11.01 Mn 316,343.00 44.58%
10 Cosmos Health 9.57 Mn 7.41 Mn 1.38 Mn 7.70%

Historic Data

Download Data
DateValue
Mar 31, 2026 4.20%
Dec 31, 2025 3.47%
Sep 30, 2025 3.43%
Jun 30, 2025 3.35%
Mar 31, 2025 4.01%
Dec 31, 2024 3.45%
Sep 30, 2024 3.47%
Jun 30, 2024 3.98%
Mar 31, 2024 4.70%
Dec 31, 2023 3.90%
Sep 30, 2023 3.97%
Jun 30, 2023 4.06%
Mar 31, 2023 4.45%
Dec 31, 2022 4.50%
Sep 30, 2022 4.41%
Jun 30, 2022 4.50%
Mar 31, 2022 5.02%
Dec 31, 2021 5.00%
Sep 30, 2021 5.03%
Jun 30, 2021 4.84%