Mckesson (MCK) Return on Capital Employed [ROCE] (2009 - 2026)
Mckesson (MCK) recorded Return on Capital Employed [ROCE] of 42.01% in fiscal Q2 2027 (quarter ended Sep 30, 2026), up 6.25 percentage points from 35.76% a year earlier but down 1.38 percentage points from the prior quarter.
Mckesson (MCK) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Mckesson reported Return on Capital Employed [ROCE] of 53.03%, up 7.38 percentage points from FY2025.
- Annual Return on Capital Employed [ROCE] has increased for five straight fiscal years, with a five-year change of +79.52 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Return on Capital Employed [ROCE] came in at 45.65% in FY2025 (+14.44 pp), 31.21% in FY2024 (+1.71 pp), 29.50% in FY2023 (+16.51 pp) and 12.99% in FY2022 (+39.48 pp).
- Quarterly Return on Capital Employed [ROCE] has ranged from 13.55% in fiscal Q4 2022 to 43.39% in fiscal Q1 2027 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] rose in seven of the last eight quarters, with an average year-over-year change of +6.46 percentage points.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 52.11 percentage points in fiscal Q2 2023, against a drop of 4.54 percentage points in fiscal Q2 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 43.39% (Q1 2027), 38.25% (Q4 2026) and 35.23% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 360.36 Bn | 240.99 Bn | 35.71 Bn | 12.24% |
| 2 | Mckesson | 127.46 Bn | 108.83 Bn | 3.96 Bn | 42.01% |
| 3 | Cvs Health | 113.15 Bn | 61.90 Bn | 47.21 Bn | 9.25% |
| 4 | Elevance Health | 92.11 Bn | -50.47 Bn | 13.65 Bn | 9.56% |
| 5 | Cigna | 77.06 Bn | 45.92 Bn | 15.09 Bn | 9.65% |
| 6 | Cencora | 68.70 Bn | 68.70 Bn | 3.60 Bn | - |
| 7 | Cardinal Health | 65.08 Bn | 48.24 Bn | 2.60 Bn | 22.31% |
| 8 | Humana | 53.29 Bn | -37.50 Bn | 4.83 Bn | 7.17% |
| 9 | Centene | 33.97 Bn | -40.15 Bn | 8.24 Bn | -17.85% |
| 10 | Molina Healthcare | 10.57 Bn | -24.43 Bn | 1.36 Bn | 2.04% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 42.01% |
| Jun 30, 2026 | 43.39% |
| Mar 31, 2026 | 38.25% |
| Dec 31, 2025 | 35.23% |
| Sep 30, 2025 | 35.76% |
| Jun 30, 2025 | 31.88% |
| Mar 31, 2025 | 38.43% |
| Dec 31, 2024 | 30.68% |
| Sep 30, 2024 | 26.09% |
| Jun 30, 2024 | 29.25% |
| Mar 31, 2024 | 26.74% |
| Dec 31, 2023 | 25.09% |
| Sep 30, 2023 | 30.63% |
| Jun 30, 2023 | 30.06% |
| Mar 31, 2023 | 30.11% |
| Dec 31, 2022 | 27.11% |
| Sep 30, 2022 | 21.57% |
| Jun 30, 2022 | 16.07% |
| Mar 31, 2022 | 13.55% |
| Dec 31, 2021 | 14.91% |
Mckesson Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=MCK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=MCK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();