Mckesson (MCK) Tax Rate (2009 - 2026)
Mckesson's Tax Rate came in at 17.03% for fiscal Q2 2027 (quarter ended Sep 30, 2026), up 0.40 percentage points from 16.63% a year earlier but down 4.07 percentage points from the prior quarter.
Mckesson (MCK) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Mckesson reported Tax Rate of 17.99%, down 0.50 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 17.77%, down 2.37 percentage points from FY2025.
- Tax Rate carries a four-year change of -15.22 percentage points (FY2022 to FY2026).
- Going back by fiscal year, Tax Rate was 20.14% in FY2025 (+3.54 pp), 16.60% in FY2024 (-2.95 pp), 19.55% in FY2023 (-13.44 pp) and 32.99% in FY2022.
- The five-year range for quarterly Tax Rate is 8.62% (fiscal Q1 2024) to 85.92% (fiscal Q3 2022).
- Year-over-year, Tax Rate increased in three of the last seven quarters, with an average year-over-year change of -5.27 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q2 2025 (a gain of 23.00 percentage points), and the weakest in fiscal Q3 2023 (a drop of 63.20 percentage points).
- Business Quant data shows MCK's Tax Rate at 21.10% (Q1 2027), 12.71% (Q4 2026) and 23.31% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 359.00 Bn | 239.64 Bn | 35.71 Bn | 22.16% |
| 2 | Mckesson | 123.95 Bn | 105.32 Bn | 3.96 Bn | 17.03% |
| 3 | Cvs Health | 111.19 Bn | 59.95 Bn | 47.21 Bn | 23.80% |
| 4 | Elevance Health | 91.22 Bn | -51.36 Bn | 13.65 Bn | 25.14% |
| 5 | Cigna | 78.47 Bn | 47.34 Bn | 15.09 Bn | 19.10% |
| 6 | Cencora | 66.32 Bn | 55.22 Bn | 3.61 Bn | 22.05% |
| 7 | Cardinal Health | 63.37 Bn | 46.54 Bn | 2.60 Bn | 19.19% |
| 8 | Humana | 51.41 Bn | -36.45 Bn | 5.50 Bn | 25.00% |
| 9 | Centene | 33.72 Bn | -60.99 Bn | 9.52 Bn | - |
| 10 | Molina Healthcare | 10.44 Bn | -24.56 Bn | 1.36 Bn | 28.30% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.03% |
| Jun 30, 2026 | 21.10% |
| Mar 31, 2026 | 12.71% |
| Dec 31, 2025 | 23.31% |
| Sep 30, 2025 | 16.63% |
| Jun 30, 2025 | 20.93% |
| Mar 31, 2025 | 13.80% |
| Dec 31, 2024 | 24.31% |
| Sep 30, 2024 | 46.25% |
| Jun 30, 2024 | 11.44% |
| Mar 31, 2024 | 29.06% |
| Sep 30, 2023 | 23.25% |
| Jun 30, 2023 | 8.62% |
| Mar 31, 2023 | 11.37% |
| Dec 31, 2022 | 22.72% |
| Sep 30, 2022 | 21.78% |
| Jun 30, 2022 | 19.78% |
| Mar 31, 2022 | 37.09% |
| Dec 31, 2021 | 85.92% |
| Sep 30, 2021 | 29.86% |
Mckesson Tax Rate 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=tax-rate&ticker=MCK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MCK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();