Growth Metrics

Mckesson (MCK) Gross Margin (2016 - 2025)

Mckesson (MCK) has disclosed Gross Margin for 17 consecutive years, with 3.47% as the latest value for Q4 2025.

  • On a quarterly basis, Gross Margin rose 3.0% to 3.47% in Q4 2025 year-over-year; TTM through Dec 2025 was 3.55%, a 30.0% decrease, with the full-year FY2025 number at 3.71%, down 44.0% from a year prior.
  • Gross Margin was 3.47% for Q4 2025 at Mckesson, up from 3.43% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 5.57% in Q1 2021 to a low of 3.35% in Q2 2025.
  • A 5-year average of 4.26% and a median of 4.23% in 2022 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: increased 25bps in 2024, then plummeted -69bps in 2025.
  • Mckesson's Gross Margin stood at 5.0% in 2021, then dropped by -10bps to 4.5% in 2022, then decreased by -13bps to 3.9% in 2023, then dropped by -12bps to 3.45% in 2024, then rose by 1bps to 3.47% in 2025.
  • Per Business Quant, the three most recent readings for MCK's Gross Margin are 3.47% (Q4 2025), 3.43% (Q3 2025), and 3.35% (Q2 2025).