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
DateValue
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%