Mckesson (MCK) Net Margin (2009 - 2026)
Mckesson (MCK) recorded Net Margin of 0.58% in fiscal Q1 2027 (quarter ended Jun 30, 2026), down 0.22 percentage points from 0.80% a year earlier and down 1.16 percentage points from the prior quarter.
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Analysis
Mckesson (MCK) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Mckesson's Net Margin came in at 1.12% as of Jun 30, 2026, up 0.28 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 1.18%, up 0.26 percentage points from FY2025.
- Annual Net Margin has a five-year change of +3.09 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Net Margin came in at 0.92% in FY2025 (-0.05 pp), 0.97% in FY2024 (-0.31 pp), 1.29% in FY2023 (+0.86 pp) and 0.42% in FY2022 (+2.33 pp).
- The fiscal Q1 2027 figure is the lowest quarterly Net Margin since fiscal Q2 2025.
- On a year-over-year basis, Net Margin rose in five of the last eight quarters, with an average year-over-year change of +0.09 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 9.94 percentage points in fiscal Q3 2022, against a drop of 0.80 percentage points in fiscal Q3 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 1.75% (Q4 2026), 1.12% (Q3 2026) and 1.08% (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 339.33 Bn | 223.96 Bn | 36.67 Bn | 4.90% |
| 2 | Cvs Health | 111.30 Bn | 63.91 Bn | 47.23 Bn | 2.81% |
| 3 | Mckesson | 100.82 Bn | 87.28 Bn | 3.69 Bn | 0.58% |
| 4 | Elevance Health | 85.16 Bn | -56.58 Bn | 13.45 Bn | 2.90% |
| 5 | Cigna | 72.72 Bn | 42.26 Bn | 14.97 Bn | 2.32% |
| 6 | Cencora | 58.70 Bn | 47.79 Bn | 3.61 Bn | 0.90% |
| 7 | Cardinal Health | 52.08 Bn | 36.08 Bn | 2.56 Bn | 0.63% |
| 8 | Humana | 46.46 Bn | -41.34 Bn | 5.50 Bn | 1.70% |
| 9 | Centene | 30.74 Bn | -59.55 Bn | 14.55 Bn | 2.04% |
| 10 | Molina Healthcare | 9.85 Bn | -25.02 Bn | 1.43 Bn | 0.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.58% |
| Mar 31, 2026 | 1.75% |
| Dec 31, 2025 | 1.12% |
| Sep 30, 2025 | 1.08% |
| Jun 30, 2025 | 0.80% |
| Mar 31, 2025 | 1.39% |
| Dec 31, 2024 | 0.92% |
| Sep 30, 2024 | 0.26% |
| Jun 30, 2024 | 1.15% |
| Mar 31, 2024 | 1.04% |
| Dec 31, 2023 | 0.73% |
| Sep 30, 2023 | 0.86% |
| Jun 30, 2023 | 1.29% |
| Mar 31, 2023 | 1.14% |
| Dec 31, 2022 | 1.53% |
| Sep 30, 2022 | 1.32% |
| Jun 30, 2022 | 1.14% |
| Mar 31, 2022 | 0.56% |
| Dec 31, 2021 | -0.01% |
| Sep 30, 2021 | 0.40% |
API Access
Mckesson Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=MCK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "MCK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=MCK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();