McKesson Corporation Ratios | P/E, ROE & Valuation

On the Key Ratios page for McKesson Corporation (MCK), the latest P/E of 24.6 frames valuation, while ROE -194.39% and ROIC 27.91% indicates profitability and capital efficiency. Together with the current ratio of 0.89 and debt-to-equity -2.76, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

MCK Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$3462.37$2818.30$2319.45$1961.10$1733.20$1483.36$1276.52$1091.79$1001.72$898.34
Net Income per Share$38.69$25.86$22.54$25.23$7.31$-28.26$4.97$0.17$0.32$23.45
Operating Cash Flow per Share$57.73$47.76$32.39$36.56$29.11$28.28$24.17$20.56$20.89$21.47
Free Cash Flow per Share$52.11$41.02$27.23$32.61$25.60$24.29$21.37$17.72$18.10$18.92
Cash per Share$43.50$44.67$34.41$33.15$23.19$39.09$22.18$15.19$12.85$12.59
Book Value per Share$-32.55$-13.30$-12.00$-10.56$-11.77$9.00$37.08$49.31$55.37$57.01
Tangible Book Value per Share$-161.37$-103.45$-103.91$-97.19$-87.34$-68.03$-32.07$-17.15$-16.88$-7.47
Interest Debt per Share$99.87$60.02$57.30$53.46$50.69$59.91$53.31$40.04$39.25$40.06
CAPEX per Share$5.63$6.74$5.16$3.95$3.51$3.99$2.80$2.84$2.79$2.54

MCK Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)24.6426.0223.814.1141.85-6.927.2686.13437.336.32
Price to Book (P/B)-25.89-41.34-36.26-27.05-20.52-1491.594.812.882.992.95
Price to Sales (P/S)0.260.240.230.180.180.130.110.110.140.17
Enterprise Value to EBITDA16.0716.6515.919.2216.3-9.5812.915.3323.434.75
EV to Sales0.280.240.240.190.190.140.130.130.170.19
EV to Operating Cash Flow16.7514.3717.2210.2511.427.586.836.927.948.12
EV to Free Cash Flow18.5616.7320.4811.4912.998.837.728.039.179.21
Enterprise Value$114.81B$87.44B$74.27B$52.86B$50.63B$34.45B$29.87B$27.94B$34.51B$38.53B

MCK Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)-194.39%-158.87%-152.31%-191.71%-49.03%21614.29%17.67%0.42%0.68%46.71%
Return on Invested Capital (ROIC)27.91%23.30%21.22%22.92%11.46%13.72%14.80%5.73%16.50%10.86%
Return on Tangible Assets6.29%5.18%5.44%7.11%2.15%-8.62%1.85%0.07%0.15%11.09%
Earnings Yield4.18%3.84%4.20%7.09%2.39%-14.49%3.68%0.15%0.23%15.82%
Free Cash Flow Yield5.71%6.10%5.08%9.16%8.36%12.45%15.80%14.91%12.85%12.76%
Dividend Yield0.37%0.40%0.44%0.58%0.59%0.88%1.20%1.25%0.89%0.77%

MCK Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio0.890.90.920.920.951.030.991.021.011.04
Interest Coverage43.4917.0816.1617.9615.316.1812.111.6610.3210.9
Income Quality1.321.751.371.393.45-1.053.91122.314.630.92
Debt to Equity-2.76-3.56-3.75-3.93-3.32-447.861.850.940.80.77
Debt to Assets13.25%9.83%10.96%11.71%11.92%14.47%15.35%12.73%13.05%14.02%
Net Debt to EBITDA0.910.320.60.461.29-0.872.332.533.540.71

MCK Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover13.561414.2914.2614.212.4211.5811.7511.7610.9
Payables Turnover6.216.266.36.236.65.825.916.016.156.06
Inventory Turnover15.0815.0714.0413.4513.4411.7813.1312.1812.1412.3
Days Sales Outstanding26.9226.0725.5425.625.729.3931.5231.0731.0333.49
Days Payables Outstanding58.7458.2757.9358.5655.3162.7761.8160.759.3360.28
Days of Inventory on Hand24.224.222627.1427.1630.9927.8129.9630.0729.69

MCK Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA16.0716.6515.919.2216.3-9.5812.915.3323.434.75
Market Cap$108.27B$85.74B$71.46B$50.24B$46.62B$31.32B$24.48B$23.33B$29.30B$32.77B
Enterprise Value$114.81B$87.44B$74.27B$52.86B$50.63B$34.45B$29.87B$27.94B$34.51B$38.53B
Dividend Yield0.37%0.40%0.44%0.58%0.59%0.88%1.20%1.25%0.89%0.77%
Payout Ratio8.56%10.47%10.46%8.20%24.87%-6.08%32.67%858.82%391.04%4.88%

Frequently Asked Questions

How does McKesson Corporation’s P/E ratio compare with its history?

On this page, MCK's current P/E is 24.6, compared with a multi-year average around 143.0. A lower P/E versus its own history is a calculated gap versus that average—not a conclusion that the stock is cheap. Pair it with profitability and earnings quality in the table (for example ROE/ROIC) to see whether the multiple moved with earnings.

What is McKesson Corporation market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $108.27B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does McKesson Corporation’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with McKesson Corporation's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does McKesson Corporation compare to its competitors in key financial ratios?

The fastest way to compare McKesson Corporation with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see McKesson Corporation outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do McKesson Corporation's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that McKesson Corporation is financially strong. Current ratio is about 0.89, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 43.49, implying a stronger ability to cover interest expenses. Debt-to-equity is about -2.76, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do McKesson Corporation's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If McKesson Corporation is sustaining strong returns (for example ROE at -194.39% and ROIC at 27.91%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.