Mckesson (MCK) Tax Rate (2009 - 2026)
Mckesson (MCK) reported Tax Rate of 12.71% for Q1 2026, down 109.0% year-over-year from 141.18% in Q1 2025, and down 45.5% quarter-over-quarter from 23.31% in Q4 2025.
Mckesson (MCK) Tax Rate (2009 - 2026) Analysis & Trends
Mckesson (MCK) has 18 years of Tax Rate data on file, last reported at 12.71% in Q1 2026.
- Tax Rate for Q1 2026 came in at 12.71%, down 109.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.77% (down 237.0% YoY), and the FY2026 annual result was 17.77%, down 237.0% from the prior year.
- Tax Rate retreated to 12.71% in Q1 2026 per MCK's latest filing, from 23.31% in the prior quarter.
- Over five years, Tax Rate peaked at 46.25% in Q3 2024 and troughed at 2.94% in Q4 2023.
- A 5-year average of 20.01% and a median of 20.93% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2024: Tax Rate tumbled 6320 bps in 2022, then surged 2725 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 22.72% in 2022, then plunged by 113 bps to 2.94% in 2023, then soared by 926 bps to 24.31% in 2024, then dropped by 4 bps to 23.31% in 2025, then slumped by 45 bps to 12.71% in 2026.
- Business Quant data shows MCK's Tax Rate at 12.71% in Q1 2026, 23.31% in Q4 2025, and 16.63% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Akso Health | 2,315,158.81 Bn | 2,315,158.63 Bn | - | - |
| 2 | Mckesson | 92.76 Bn | 89.18 Bn | 4.04 Bn | 12.71 |
| 3 | Cencora | 52.82 Bn | 50.83 Bn | 3.59 Bn | 21.98 |
| 4 | Cardinal Health | 52.17 Bn | 48.39 Bn | 2.50 Bn | 3.06 |
| 5 | Henry Schein | 9.19 Bn | 9.71 Bn | 1.07 Bn | 25.33 |
| 6 | Accendra Health | 246.88 Mn | -90.00 Mn | 312.39 Mn | 60.19 |
| 7 | Edap Tms | 161.92 Mn | 146.92 Mn | 8.15 Mn | -1.62 |
| 8 | 111 | 107.47 Mn | 25.61 Mn | 23.58 Mn | -0.40 |
| 9 | Cosmos Health | 9.42 Mn | 7.26 Mn | 1.38 Mn | - |
| 10 | Cellyan Biotechnology | 5.69 | -2.48 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.71% |
| Mar 31, 2026 | 12.71% |
| Dec 31, 2025 | 23.31% |
| Dec 31, 2025 | 23.31% |
| Sep 30, 2025 | 16.63% |
| Sep 30, 2025 | 16.63% |
| Jun 30, 2025 | 20.93% |
| Jun 30, 2025 | 20.93% |
| Mar 31, 2025 | 13.80% |
| Mar 31, 2025 | 13.80% |
| Dec 31, 2024 | 24.31% |
| Dec 31, 2024 | 24.31% |
| Sep 30, 2024 | 46.25% |
| Sep 30, 2024 | 46.25% |
| Jun 30, 2024 | 11.44% |
| Jun 30, 2024 | 11.44% |
| Mar 31, 2024 | 29.06% |
| Mar 31, 2024 | 29.06% |
| Dec 31, 2023 | -2.94% |
| Dec 31, 2023 | -2.94% |