MCKMcKesson Corporation

$938.60+36% 1Y

Is the price fair?

Fair

Neither cheap nor expensive: nothing decisive, though modest expectations priced in.

1 good, 1 neutral, 1 without data
What the price assumes~+1% a yearderived · Jun 30, 2026

Priced for ~1% a year FCF growth. The price demands less than its three-year revenue growth of 13% a year, expectations look modest.

Vs its own P/E rangemid-range for this companyderived

In its normal range: P/E 25.2 vs a 23.6 median over 31 quarters (+7% vs median).

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What MCK's price assumes

McKesson Corporation trades at 25.2× earnings against 26.2× for the median Healthcare name, cheaper than its own group.

25.2

Trailing P/E · Healthcare median 26.2 · cheaper than the typical name in its group

Price / sales
0.22

Price / sales · as of 2026-Q2

Free cash flow yield
7.3%

Free cash flow yield · Healthcare median 4.8%

Growth the price implies
+0.62%

Growth the price implies · The price pays for +0.62% free cash flow growth a year for a decade; the business has delivered +11% a year over the last three.

Details›
EV / EBIToperating margin 1.6%: the multiple describes the denominator
not meaningful
EV / salesas of 2026-Q2
0.23
Healthcare median P/E509 names
26.2
Free cash flow, trailing twelve months
$6.42B
Market capitalisation
$87.9B
3-year revenue growth
+13%
3-year free cash flow growth
+11%
What the market has paid for these earnings: 31 quarters of its own multiple × $37.31 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$609.09
Its own P/E history, median$880.79
Its own P/E history, upper quartile$969.54
52-week range$695.00 – $994.59
Today$938.60

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.