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Mckesson Corp. (MCK) Stock Fundamental Analysis & AI Rating 2026

MCK NYSE Wholesale-Drugs, Proprietaries & Druggists' Sundries DE CIK: 0000927653
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
70% Confidence
AGREEMENT
HOLD
62% Conf
BUY
78% Conf

📊 MCK Key Takeaways

Revenue: $307.1B
Net Margin: 1.0%
Free Cash Flow: $2.4B
Current Ratio: 0.88x
Debt/Equity: N/A
EPS: $24.73
AI Rating: HOLD with 62% confidence
Mckesson Corp. (MCK) receives a BUY rating with 70% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $307.1B, net profit margin of 1.0%, Mckesson Corp. demonstrates strong fundamentals in the Market sector. Below is our complete MCK stock analysis for 2026.

Is Mckesson Corp. (MCK) a Good Investment?

Claude

McKessohn demonstrates strong revenue growth of 16.2% YoY and maintains solid operational cash flow generation of $2.7B, indicating a fundamentally sound business. However, the company's negative stockholders' equity, razor-thin profitability margins (1.0% net margin), and concerning liquidity position (0.88x current ratio) raise significant financial stability concerns that warrant a cautious stance.

ChatGPT

McKesson shows strong scale-driven execution, with double-digit revenue growth, solid operating cash generation, and strong interest coverage despite inherently thin distribution margins. The core business appears financially resilient, but declining net income, sub-1.0 liquidity ratios, and negative equity make the growth quality good rather than exceptional.

Why Buy Mckesson Corp. Stock? MCK Key Strengths

Claude
  • + Strong revenue growth of 16.2% YoY ($307.1B) demonstrates market expansion and demand
  • + Solid operating cash flow generation ($2.7B) with positive free cash flow ($2.4B) shows cash conversion capability
  • + High interest coverage ratio of 18.5x indicates strong debt servicing ability despite leverage
ChatGPT
  • + Revenue growth of 16.2% YoY indicates strong demand and operating scale
  • + Free cash flow of $2.41B and modest capex needs support cash generation
  • + Interest coverage of 18.5x suggests debt servicing capacity remains strong

MCK Stock Risks: Mckesson Corp. Investment Risks

Claude
  • ! Negative stockholders' equity of -$1.3B signals balance sheet deterioration and equity erosion
  • ! Extremely low profitability margins (3.4% gross, 1.3% operating, 1.0% net) indicate thin operating leverage in capital-intensive wholesale distribution
  • ! Weak liquidity position with current ratio of 0.88x and quick ratio of 0.48x raises concerns about short-term obligations coverage
  • ! Declining net income (-5.3% YoY) despite rising revenue suggests margin compression and operational headwinds
ChatGPT
  • ! Margins are structurally very thin, leaving limited cushion if pricing or volumes weaken
  • ! Negative stockholders equity reduces balance-sheet flexibility and makes some leverage metrics less informative
  • ! Current ratio of 0.88x and quick ratio of 0.48x indicate tight liquidity management

Key Metrics to Watch

Claude
  • * Stockholders' equity trend and capital structure restoration plans
  • * Net margin trend and ability to sustain profitability amid revenue growth
  • * Current and quick ratios to monitor working capital adequacy and liquidity improvement
ChatGPT
  • * Operating margin and net income trend versus revenue growth
  • * Operating cash flow and free cash flow consistency

Mckesson Corp. (MCK) Financial Metrics & Key Ratios

Revenue
$307.1B
Net Income
$3.1B
EPS (Diluted)
$24.73
Free Cash Flow
$2.4B
Total Assets
$84.2B
Cash Position
$3.0B

💡 AI Analyst Insight

The relatively thin 0.8% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.

MCK Profit Margin, ROE & Profitability Analysis

Gross Margin 3.4%
Operating Margin 1.3%
Net Margin 1.0%
ROE N/A
ROA 3.7%
FCF Margin 0.8%

MCK vs Market Sector: How Mckesson Corp. Compares

How Mckesson Corp. compares to Market sector averages

Net Margin
MCK 1.0%
vs
Sector Avg 12.0%
MCK Sector
ROE
MCK 0.0%
vs
Sector Avg 15.0%
MCK Sector
Current Ratio
MCK 0.9x
vs
Sector Avg 1.8x
MCK Sector
Debt/Equity
MCK 0.0x
vs
Sector Avg 0.7x
MCK Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Mckesson Corp. Stock Overvalued? MCK Valuation Analysis 2026

Based on fundamental analysis, Mckesson Corp. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
N/A
Sector avg: 15%
Net Profit Margin
1.0%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Mckesson Corp. Balance Sheet: MCK Debt, Cash & Liquidity

Current Ratio
0.88x
Quick Ratio
0.48x
Debt/Equity
N/A
Debt/Assets
0.0%
Interest Coverage
18.46x
Long-term Debt
$6.6B

MCK Revenue & Earnings Growth: 5-Year Financial Trend

MCK 5-year financial data: Year 2021: Revenue $238.2B, Net Income $34.0M, EPS $0.17. Year 2022: Revenue $264.0B, Net Income $900.0M, EPS $4.95. Year 2023: Revenue $276.7B, Net Income -$4.5B, EPS $-28.26. Year 2024: Revenue $309.0B, Net Income $1.1B, EPS $7.23. Year 2025: Revenue $359.1B, Net Income $3.6B, EPS $25.03.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Mckesson Corp.'s revenue has grown significantly by 51% over the 5-year period, indicating strong business expansion. The most recent EPS of $25.03 reflects profitable operations.

MCK Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
0.8%
Free cash flow / Revenue

MCK Quarterly Earnings & Performance

Quarterly financial performance data for Mckesson Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $95.3B $879.0M $6.95
Q2 2026 $93.7B $241.0M $1.87
Q1 2026 $79.3B $784.0M $6.25
Q3 2025 $80.9B $589.0M $4.42
Q2 2025 $77.2B $241.0M $1.87
Q1 2025 $74.5B $915.0M $7.00
Q3 2024 $70.5B $589.0M $4.42
Q2 2024 $70.2B $664.0M $4.92

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Mckesson Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$2.7B
Cash generated from operations
Stock Buybacks
$2.1B
Shares repurchased (TTM)
Capital Expenditures
$325.0M
Investment in assets
Dividends Paid
$280.0M
Returned to shareholders

MCK SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Mckesson Corp. (CIK: 0000927653)

📋 Recent SEC Filings

Date Form Document Action
Apr 6, 2026 8-K mck-20260401.htm View →
Mar 6, 2026 8-K mck-20260306.htm View →
Mar 5, 2026 8-K mck-20260303.htm View →
Mar 4, 2026 4 xslF345X05/form4.xml View →
Feb 23, 2026 4 xslF345X05/form4.xml View →

Frequently Asked Questions about MCK

What is the AI rating for MCK?

Mckesson Corp. (MCK) has a Combined AI Rating of BUY from Claude (HOLD) and ChatGPT (BUY) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are MCK's key strengths?

Claude: Strong revenue growth of 16.2% YoY ($307.1B) demonstrates market expansion and demand. Solid operating cash flow generation ($2.7B) with positive free cash flow ($2.4B) shows cash conversion capability. ChatGPT: Revenue growth of 16.2% YoY indicates strong demand and operating scale. Free cash flow of $2.41B and modest capex needs support cash generation.

What are the risks of investing in MCK?

Claude: Negative stockholders' equity of -$1.3B signals balance sheet deterioration and equity erosion. Extremely low profitability margins (3.4% gross, 1.3% operating, 1.0% net) indicate thin operating leverage in capital-intensive wholesale distribution. ChatGPT: Margins are structurally very thin, leaving limited cushion if pricing or volumes weaken. Negative stockholders equity reduces balance-sheet flexibility and makes some leverage metrics less informative.

What is MCK's revenue and growth?

Mckesson Corp. reported revenue of $307.1B.

Does MCK pay dividends?

Mckesson Corp. pays dividends, with $280.0M distributed to shareholders in the trailing twelve months.

Where can I find MCK SEC filings?

Official SEC filings for Mckesson Corp. (CIK: 0000927653) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is MCK's EPS?

Mckesson Corp. has a diluted EPS of $24.73.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is MCK a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Mckesson Corp. has a BUY rating with 70% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is MCK stock overvalued or undervalued?

Valuation metrics for MCK: ROE of N/A (sector avg: 15%), net margin of 1.0% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy MCK stock in 2026?

Our dual AI analysis gives Mckesson Corp. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is MCK's free cash flow?

Mckesson Corp.'s operating cash flow is $2.7B, with capital expenditures of $325.0M. FCF margin is 0.8%.

How does MCK compare to other Market stocks?

Vs Default sector averages: Net margin 1.0% (avg: 12%), ROE N/A (avg: 15%), current ratio 0.88 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 19, 2026 | Data as of: 2025-12-31 | Powered by Claude AI