Growth Metrics

Mckesson (MCK) Operating Margin (2016 - 2025)

Mckesson (MCK) has disclosed Operating Margin for 17 consecutive years, with 1.53% as the latest value for Q4 2025.

  • Quarterly Operating Margin rose 24.0% to 1.53% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 1.42% through Dec 2025, up 25.0% year-over-year, with the annual reading at 1.23% for FY2025, 3.0% down from the prior year.
  • Operating Margin for Q4 2025 was 1.53% at Mckesson, up from 1.36% in the prior quarter.
  • The five-year high for Operating Margin was 1.76% in Q4 2022, with the low at 0.43% in Q4 2021.
  • Average Operating Margin over 5 years is 1.26%, with a median of 1.33% recorded in 2024.
  • The sharpest move saw Operating Margin surged 1219bps in 2021, then tumbled -97bps in 2023.
  • Over 5 years, Operating Margin stood at 0.43% in 2021, then skyrocketed by 305bps to 1.76% in 2022, then tumbled by -55bps to 0.79% in 2023, then surged by 62bps to 1.28% in 2024, then increased by 19bps to 1.53% in 2025.
  • According to Business Quant data, Operating Margin over the past three periods came in at 1.53%, 1.36%, and 1.06% for Q4 2025, Q3 2025, and Q2 2025 respectively.