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Operating Margin for McKesson (MCK)

As of · Reported

Metric

TTM

1.6%

YoY change

+0.38pp

Trough year (1995)

-0.2%

Peak year (2016)

2.0%

Operating Margin history chart for McKesson (MCK) from 1995 to 2026

Latest: 1.6%

Operating Margin change chart for McKesson (MCK) from 1995 to 2026

Latest: +0.38pp

Operating Margin history table for McKesson (MCK) from 1995 to 2026

  • 20261.6%+0.38pp
  • 20251.2%-0.05pp
  • 20241.3%-0.34pp
  • 20231.6%+0.58pp
  • 20221.0%-0.44pp
  • 20211.5%+0.17pp
  • 20201.3%-0.13pp
  • 20191.4%+0.03pp
  • 20181.4%-0.29pp
  • 20171.7%-0.33pp
  • 20162.0%+0.05pp
  • 20152.0%+0.05pp
  • 20141.9%-0.05pp
  • 20132.0%+0.04pp
  • 20121.9%+0.07pp
  • 20111.9%+0.02pp
  • 20101.8%+0.23pp
  • 20091.6%+0.16pp
  • 20081.5%+0.07pp
  • 20071.4%+0.05pp
  • 20061.3%+0.08pp
  • 20051.2%-0.17pp
  • 20041.4%-0.21pp
  • 20031.6%+0.24pp
  • 20021.4%+1.16pp
  • 20010.2%-0.20pp
  • 20000.4%-0.66pp
  • 19991.1%-0.64pp
  • 19981.7%+1.02pp
  • 19970.7%-1.28pp
  • 19962.0%+2.23pp
  • 1995-0.2%—

Operating Margin values are taken from McKesson's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at McKesson (MCK)

According to McKesson's latest reported financial statements, the company's latest reported operating margin is 1.6%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2026 fiscal year, McKesson (MCK) reported operating margin of 1.60% – expanded 0.4 percentage points year-over-year.

The record annual operating margin stands at 2.02%, reached in 2016; the historical low of -0.23% was recorded in 1995.

McKesson Operating Margin by Year

McKesson Operating Margin 2026: 1.6%

2026's operating margin for McKesson came in at 1.60%, expanded 0.4 percentage points from 2025.

McKesson Operating Margin 2025: 1.2%

McKesson posted operating margin of 1.22% in 2025, contracted 0.1 percentage points from 2024.

McKesson Operating Margin 2024: 1.3%

In 2024, McKesson reported operating margin of 1.27%, contracted 0.3 percentage points from 2023.

McKesson Operating Margin 2023: 1.6%

McKesson operating margin in 2023 was 1.61%, expanded 0.6 percentage points from 2022.

McKesson Operating Margin 2022: 1.0%

McKesson operating margin in 2022 was 1.03%.

See more financial history for McKesson (MCK).

Sector peers by Operating Margin

Healthcare peers of McKesson (MCK), ranked by their latest operating margin

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