MCKESSON CORP (MCK) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does MCKESSON CORP Do?
McKesson Corporation provides healthcare supply chain management, retail pharmacy, community oncology and specialty care, and healthcare information solutions in the United States and internationally. It operates through four segments: U.S. Pharmaceutical, International, Medical-Surgical Solutions, and Prescription Technology Solutions (RxTS). The U.S. Pharmaceutical segment distributes branded, generic, specialty, biosimilar, and over-the-counter pharmaceutical drugs and other healthcare-related products. This segment also provides practice management, technology, clinical support, and business solutions to community-based oncology and other specialty practices; and consulting, outsourcing, technological, and other services, as well as sells financial, operational, and clinical solutions to pharmacies. The International segment offers distribution and services to wholesale, institutional, and retail customers in 13 European countries and Canada. The Medical-Surgical Solutions segment provides medical-surgical supply distribution, logistics, and other services to healthcare providers. The RxTS segment offers CoverMyMeds solution to help patients get the medications; RelayHealth, a workflow solution; RxCrossroads solution for therapies and interventions to biopharma manufacturers; and McKesson Prescription Automation, a customized pharmacy automation technology; and Multi-Client Central Fill as a Service, a pharmacy. McKesson Corporation was founded in 1833 and is headquartered in Irving, Texas. MCKESSON CORP (MCK) is classified as a large-cap stock in the Consumer Staples sector, specifically within the Wholesale industry. The company is led by CEO Brian S. Tyler and employs approximately 75,000 people, headquartered in SAN FRANCISCO, Texas. With a market capitalization of $106.8B, MCK is one of the prominent companies in the Consumer Staples sector.
MCKESSON CORP (MCK) Stock Rating — Hold (April 2026)
As of April 2026, MCKESSON CORP receives a Hold rating with a composite score of 49.8/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.MCK ranks #879 out of 4,446 stocks in our coverage universe. Within the Consumer Staples sector, MCKESSON CORP ranks #28 of 180 stocks, placing it in the top quartile of its Consumer Staples peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
MCK Stock Price and 52-Week Range
MCKESSON CORP (MCK) currently trades at $865.60. The stock lost $7.83 (0.9%) in the most recent trading session. The 52-week high for MCK is $999.00, which means the stock is currently trading -13.4% from its annual peak. The 52-week low is $637.00, putting the stock 35.9% above its annual trough. Recent trading volume was 615K shares, suggesting relatively thin trading activity.
Is MCK Overvalued or Undervalued? — Valuation Analysis
MCKESSON CORP (MCK) carries a value factor score of 45/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 29.72x, compared to the Consumer Staples sector average of 33.11x — a discount of 10%. The price-to-sales ratio is 0.26x, compared to 0.35x for the average Consumer Staples stock. On an enterprise value basis, MCK trades at 21.55x EV/EBITDA, versus 6.93x for the sector.
Overall, MCK's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
MCKESSON CORP Profitability — ROE, Margins, and Quality Score
MCKESSON CORP (MCK) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is -272.8%, compared to the Consumer Staples sector average of 7.7%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 4.2% versus the sector average of 3.1%.
On a margin basis, MCKESSON CORP reports gross margins of 3.4%, compared to 26.2% for the sector. The operating margin is 1.1% (sector: 2.9%). Net profit margin stands at 0.9%, versus 1.6% for the average Consumer Staples stock. Revenue growth is running at 33.9% on a trailing basis, compared to 3.1% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
MCK Debt, Balance Sheet, and Financial Health
MCKESSON CORP has a debt-to-equity ratio of -1342.0%, compared to the Consumer Staples sector average of 72.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 0.88x, which may signal near-term liquidity tightness. Total debt on the balance sheet is $6.56B.
MCK has a beta of 0.14, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for MCKESSON CORP is 85/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.
MCKESSON CORP Revenue and Earnings History — Quarterly Trend
In TTM 2026, MCKESSON CORP reported revenue of $400.79B and earnings per share (EPS) of $9.63. Net income for the quarter was $3.53B. Gross margin was 3.4%. Operating income came in at $4.64B.
In Q3 2026, MCKESSON CORP reported revenue of $106.16B and earnings per share (EPS) of $9.63. Net income for the quarter was $1.25B. Gross margin was 3.5%. Operating income came in at $1.62B.
In Q2 2026, MCKESSON CORP reported revenue of $103.15B and earnings per share (EPS) of $8.95. Net income for the quarter was $1.16B. Gross margin was 3.4%. Revenue grew 10.1% year-over-year compared to Q2 2025. Operating income came in at $1.41B.
In Q1 2026, MCKESSON CORP reported revenue of $97.83B and earnings per share (EPS) of $6.28. Net income for the quarter was $831M. Gross margin was 3.4%. Revenue grew 23.4% year-over-year compared to Q1 2025. Operating income came in at $1.04B.
Over the past 8 quarters, MCKESSON CORP has demonstrated a growth trajectory, with revenue expanding from $308.95B to $400.79B. Investors analyzing MCK stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
MCK Dividend Yield and Income Analysis
MCKESSON CORP (MCK) currently pays a dividend yield of 0.4%. At this yield, a $10,000 investment in MCK stock would generate approximately $$38.00 in annual dividend income. This compares to the Consumer Staples sector average dividend yield of 0.4%, meaning MCK yields less than the typical sector peer.
MCK Momentum and Technical Analysis Profile
MCKESSON CORP (MCK) has a momentum factor score of 60/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 24/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 24/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
MCK vs Competitors — Consumer Staples Sector Ranking and Peer Comparison
Within the Consumer Staples sector, MCKESSON CORP (MCK) ranks #28 out of 180 stocks based on the Blank Capital composite score. This places MCK in the top quartile of all Consumer Staples stocks in our coverage universe. Key competitors and sector peers include Ituran Location & Control Ltd. (ITRN) with a score of 60.3/100, DARLING INGREDIENTS INC. (DAR) with a score of 52.9/100, Bunge Global SA (BG) with a score of 53.0/100, SANFILIPPO JOHN B & SON INC (JBSS) with a score of 54.1/100, and Archer-Daniels-Midland Co (ADM) with a score of 52.2/100.
Comparing MCK against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full MCK vs S&P 500 (SPY) comparison to assess how MCKESSON CORP stacks up against the broader market across all factor dimensions.
MCK Next Earnings Date
No upcoming earnings date has been announced for MCKESSON CORP (MCK) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy MCK? — Investment Thesis Summary
MCKESSON CORP presents a balanced picture with arguments on both sides. Price momentum is positive at 60/100, suggesting the trend favors buyers. Low volatility (stability score 85/100) reduces downside risk.
In summary, MCKESSON CORP (MCK) earns a Hold rating with a composite score of 49.8/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on MCK stock.
Related Resources for MCK Investors
Explore more research and tools: MCK vs S&P 500 comparison, top Consumer Staples stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare MCK head-to-head with peers: MCK vs ITRN, MCK vs DAR, MCK vs BG.