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
DateValue
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%