Mckesson (MCK) Tax Rate (2009 - 2026)
Mckesson (MCK) posted quarterly 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 reported Tax Rate for 18 consecutive years, with 12.71% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 109.0% year-over-year to 12.71%; the TTM figure through Mar 2026 stood at 17.77% (down 237.0% YoY), while the FY2026 annual figure was 17.77%, down 237.0% from the prior year.
- Tax Rate declined to 12.71% in Q1 2026 per MCK's latest filing, from 23.31% in the prior quarter.
- Across five years, Tax Rate topped out at 46.25% in Q3 2024 and bottomed at 2.94% in Q4 2023.
- Historically, Tax Rate has averaged 20.01% across 5 years, with a median of 20.93% in 2025.
- Annual changes were most pronounced in 2022 — Tax Rate tumbled 6320 bps — and 2024, when it surged 2725 bps.
- Mckesson's Tax Rate stood at 22.72% in 2022, then sank by 113 bps to 2.94% in 2023, then jumped by 926 bps to 24.31% in 2024, then declined by 4 bps to 23.31% in 2025, then tumbled 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 102.32 Bn | 97.16 Bn | 3.69 Bn | 21.10% |
| 2 | Cencora | 61.61 Bn | 58.79 Bn | 3.61 Bn | 22.05% |
| 3 | Cardinal Health | 54.03 Bn | 49.18 Bn | 2.56 Bn | 27.80% |
| 4 | Henry Schein | 10.06 Bn | 9.90 Bn | 1.10 Bn | 24.82% |
| 5 | Akso Health | 686.57 Mn | 686.37 Mn | - | - |
| 6 | Edap Tms | 156.68 Mn | 135.14 Mn | 7.34 Mn | -0.06% |
| 7 | Accendra Health | 92.42 Mn | 84.77 Mn | 263.41 Mn | -1.65% |
| 8 | 111 | 30.17 Mn | -28.59 Mn | 18.18 Mn | - |
| 9 | Cosmos Health | 13.02 Mn | 10.57 Mn | 1.51 Mn | - |
| 10 | VitaNova Life Sciences | 11.51 Mn | 9.91 Mn | 264,662.00 | 116.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.10% |
| Jun 30, 2026 | 21.10% |
| Jun 30, 2026 | 21.10% |
| Mar 31, 2026 | 12.71% |
| Mar 31, 2026 | 12.71% |
| Mar 31, 2026 | 12.71% |
| Dec 31, 2025 | 23.31% |
| Dec 31, 2025 | 23.31% |
| Dec 31, 2025 | 23.31% |
| Sep 30, 2025 | 16.63% |
| Sep 30, 2025 | 16.63% |
| Sep 30, 2025 | 16.63% |
| Jun 30, 2025 | 20.93% |
| Jun 30, 2025 | 20.93% |
| Jun 30, 2025 | 20.93% |
| Mar 31, 2025 | 13.80% |
| Mar 31, 2025 | 13.80% |
| Mar 31, 2025 | 13.80% |
| Dec 31, 2024 | 24.31% |
| Dec 31, 2024 | 24.31% |