Mckesson (MCK) Gross Margin (2009 - 2026)
Mckesson (MCK) reported Gross Margin of 4.2% for Q1 2026, up 19.0% year-over-year from 3.53% in Q1 2025, and up 20.98% quarter-over-quarter 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.
- Gross Margin for Q1 2026 came in at 4.2%, up 19.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.61% (down 10.0% YoY), and the FY2026 annual result was 3.61%, down 10.0% from the prior year.
- Gross Margin grew to 4.2% in Q1 2026 per MCK's latest filing, from 3.47% in the prior quarter.
- Over five years, Gross Margin peaked at 5.02% in Q1 2022 and troughed at 3.35% in Q2 2025.
- A 5-year average of 4.05% and a median of 4.01% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin increased 25 bps in 2024, then sank 69 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 4.5% in 2022, then retreated by 13 bps to 3.9% in 2023, then fell by 12 bps to 3.45% in 2024, then advanced by 1 bps to 3.47% in 2025, then rose by 21 bps to 4.2% in 2026.
- Business Quant data shows MCK's Gross Margin at 4.2% in Q1 2026, 3.47% in Q4 2025, and 3.43% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Akso Health | 2,315,158.81 Bn | 2,315,158.63 Bn | - | - |
| 2 | Mckesson | 92.76 Bn | 89.18 Bn | 4.04 Bn | 4.20% |
| 3 | Cencora | 52.82 Bn | 50.83 Bn | 3.59 Bn | 4.58% |
| 4 | Cardinal Health | 52.17 Bn | 48.39 Bn | 2.50 Bn | 4.10% |
| 5 | Henry Schein | 9.19 Bn | 9.71 Bn | 1.07 Bn | 31.77% |
| 6 | Accendra Health | 246.88 Mn | -90.00 Mn | 312.39 Mn | 49.76% |
| 7 | Edap Tms | 161.92 Mn | 146.92 Mn | 8.15 Mn | 45.73% |
| 8 | 111 | 107.47 Mn | 25.61 Mn | 23.58 Mn | 5.85% |
| 9 | Cosmos Health | 9.42 Mn | 7.26 Mn | 1.38 Mn | 7.70% |
| 10 | Cellyan Biotechnology | 5.69 | -2.48 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |