Mckesson (MCK) Return on Invested Capital [ROIC] (2009 - 2026)
Mckesson (MCK) recorded Return on Invested Capital [ROIC] of 98.69% in fiscal Q2 2027 (quarter ended Sep 30, 2026), up 30.96 percentage points from 67.72% a year earlier but down 5.27 percentage points from the prior quarter.
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Analysis
Mckesson (MCK) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Mckesson reported Return on Invested Capital [ROIC] of 121.72%, up 33.83 percentage points from FY2025.
- Annual Return on Invested Capital [ROIC] has a five-year change of +165.09 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Return on Invested Capital [ROIC] came in at 87.89% in FY2025 (+7.79 pp), 80.10% in FY2024 (-5.68 pp), 85.78% in FY2023 (+61.88 pp) and 23.89% in FY2022 (+67.27 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from 28.31% in fiscal Q4 2022 to 105.44% in fiscal Q4 2026 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for four consecutive quarters, with an average year-over-year change of +9.69 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 119.22 percentage points in fiscal Q2 2023, against a drop of 9.62 percentage points in fiscal Q1 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 103.96% (Q1 2027), 105.44% (Q4 2026) and 78.33% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 360.06 Bn | 240.69 Bn | 35.71 Bn | 11.34% |
| 2 | Mckesson | 127.13 Bn | 108.51 Bn | 3.96 Bn | 98.69% |
| 3 | Cvs Health | 112.93 Bn | 61.69 Bn | 47.21 Bn | 9.71% |
| 4 | Elevance Health | 92.11 Bn | -50.47 Bn | 13.65 Bn | 8.29% |
| 5 | Cigna | 76.91 Bn | 45.77 Bn | 15.09 Bn | 10.38% |
| 6 | Cencora | 68.64 Bn | 68.64 Bn | 3.60 Bn | - |
| 7 | Cardinal Health | 65.08 Bn | 48.24 Bn | 2.60 Bn | 36.52% |
| 8 | Humana | 53.29 Bn | -37.50 Bn | 4.83 Bn | 5.50% |
| 9 | Centene | 33.98 Bn | -40.15 Bn | 8.24 Bn | -19.90% |
| 10 | Molina Healthcare | 10.56 Bn | -24.45 Bn | 1.36 Bn | 2.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 98.69% |
| Jun 30, 2026 | 103.96% |
| Mar 31, 2026 | 105.44% |
| Dec 31, 2025 | 78.33% |
| Sep 30, 2025 | 67.72% |
| Jun 30, 2025 | 67.17% |
| Mar 31, 2025 | 75.54% |
| Dec 31, 2024 | 71.75% |
| Sep 30, 2024 | 75.01% |
| Jun 30, 2024 | 76.51% |
| Mar 31, 2024 | 79.14% |
| Dec 31, 2023 | 78.24% |
| Sep 30, 2023 | 82.58% |
| Jun 30, 2023 | 86.13% |
| Mar 31, 2023 | 82.99% |
| Dec 31, 2022 | 70.17% |
| Sep 30, 2022 | 49.88% |
| Jun 30, 2022 | 39.15% |
| Mar 31, 2022 | 28.31% |
| Dec 31, 2021 | 29.17% |
API Access
Mckesson Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=MCK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=MCK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();