Mckesson (MCK) Tax Rate (2009 - 2026)
Mckesson's (MCK) quarterly Tax Rate came in at 12.71% in Q1 2026, down 109.0% year-on-year from 141.18% in Q1 2025, and down 45.5% on a QoQ basis 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.
- On a quarterly basis, Tax Rate fell 109.0% year-over-year to 12.71% in Q1 2026; TTM through Mar 2026 was 17.77%, a 237.0% decrease from a year earlier, with the FY2026 full-year figure at 17.77%, down 237.0% from the prior year.
- Tax Rate for Q1 2026 stood at 12.71%, down from 23.31% in the prior quarter.
- Over the last five years, Tax Rate for MCK reached as high as 46.25% in Q3 2024 and fell as low as 2.94% in Q4 2023.
- Historically, Tax Rate has averaged 20.01% across 5 years, with a median of 20.93% in 2025.
- Across the five-year window, Tax Rate sank 6320 bps in 2022 and soared 2725 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 22.72% in 2022, then sank by 113 bps to 2.94% in 2023, then soared by 926 bps to 24.31% in 2024, then retreated by 4 bps to 23.31% in 2025, then tumbled by 45 bps to 12.71% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 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 | Mckesson | 105.67 Bn | 101.69 Bn | 4.04 Bn | 12.71% |
| 2 | Cencora | 60.80 Bn | 58.63 Bn | 3.59 Bn | 21.98% |
| 3 | Cardinal Health | 53.93 Bn | 49.99 Bn | 2.50 Bn | 3.06% |
| 4 | Henry Schein | 9.76 Bn | 9.62 Bn | 1.07 Bn | 25.33% |
| 5 | Akso Health | 3.28 Bn | 3.28 Bn | - | - |
| 6 | 111 | 651.73 Mn | 572.63 Mn | 23.58 Mn | -0.40% |
| 7 | Accendra Health | 246.49 Mn | -90.39 Mn | 278.03 Mn | 60.19% |
| 8 | Edap Tms | 230.14 Mn | 215.14 Mn | 8.15 Mn | -1.62% |
| 9 | VitaNova Life Sciences | 11.51 Mn | 11.01 Mn | 316,343.00 | 194.93% |
| 10 | Cosmos Health | 9.52 Mn | 7.36 Mn | 1.38 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2024 | 24.31% |
| Sep 30, 2024 | 46.25% |
| Sep 30, 2024 | 46.25% |