Mckesson (MCK) Net Margin (2009 - 2026)
Mckesson's (MCK) quarterly Net Margin came in at 0.98% in Q2 2026, up 13.0% year-over-year from 0.87% in Q2 2025, and down 49.16% quarter-over-quarter from 1.93% in Q1 2026.
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Mckesson (MCK) Net Margin (2009 - 2026) Analysis & Trends
Mckesson (MCK) has reported Net Margin for 18 consecutive years, with 0.98% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 13.0% year-over-year to 0.98% in Q2 2026; TTM through Jun 2026 was 1.29%, a 40.0% increase from a year earlier, with the FY2026 full-year figure at 1.26%, up 29.0% from the prior year.
- Net Margin was 0.98% for Q2 2026 at Mckesson, down from 1.93% in the prior quarter.
- Over five years, Net Margin peaked at 1.93% in Q1 2026 and troughed at 0.31% in Q3 2024.
- A 5-year average of 1.12% and a median of 1.15% in 2025 frame the typical range for Net Margin.
- Across the five-year window, Net Margin soared 153 bps in 2022 and sank 81 bps in 2023, its largest moves.
- Over 5 years, Net Margin stood at 1.59% in 2022, then sank by 51 bps to 0.78% in 2023, then increased by 25 bps to 0.97% in 2024, then grew by 21 bps to 1.18% in 2025, then fell by 17 bps to 0.98% in 2026.
- The last three Net Margin figures came in at 0.98% (Q2 2026), 1.93% (Q1 2026), and 1.18% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 105.79 Bn | 103.19 Bn | 3.69 Bn | 0.98% |
| 2 | Cencora | 63.13 Bn | 60.51 Bn | 3.61 Bn | 0.92% |
| 3 | Cardinal Health | 57.48 Bn | 52.78 Bn | 2.56 Bn | 0.63% |
| 4 | Henry Schein | 10.05 Bn | 10.80 Bn | 1.10 Bn | 2.98% |
| 5 | ZeroStack | 42.83 Mn | 41.14 Mn | 1.62 Mn | -180.22% |
| 6 | 111 | 30.11 Mn | 113.01 Mn | 18.18 Mn | -1.57% |
| 7 | Ridgetech | 5.33 Mn | -12.68 Mn | - | - |
| 8 | Guardian Pharmacy Services | 5.16 Mn | -72.61 Mn | 80.04 Mn | 6.29% |
| 9 | MedWellAI | 2.27 Mn | 2.28 Mn | - | -38.83% |
| 10 | DataMeds AI | 2.20 Mn | 2.15 Mn | 170,221.00 | -496.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.98% |
| Mar 31, 2026 | 1.93% |
| Dec 31, 2025 | 1.18% |
| Sep 30, 2025 | 1.13% |
| Jun 30, 2025 | 0.85% |
| Mar 31, 2025 | 1.44% |
| Dec 31, 2024 | 0.97% |
| Sep 30, 2024 | 0.31% |
| Jun 30, 2024 | 1.21% |
| Mar 31, 2024 | 1.09% |
| Dec 31, 2023 | 0.78% |
| Sep 30, 2023 | 0.91% |
| Jun 30, 2023 | 1.34% |
| Mar 31, 2023 | 1.20% |
| Dec 31, 2022 | 1.59% |
| Sep 30, 2022 | 1.38% |
| Jun 30, 2022 | 1.20% |
| Mar 31, 2022 | 0.61% |
| Dec 31, 2021 | 0.06% |
| Sep 30, 2021 | 0.47% |