MCKMcKesson Corporation

$1,000.62+29% 1Y

Is the price fair?

Fair

Neither cheap nor expensive: modest expectations priced in, but at the top of its own P/E range.

1 good, 1 to watch, 1 without data
What the price assumes~+4% a yearderived · Jun 30, 2026

Priced for ~4% 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 rangedearer than 81% of its own historyderived

Expensive vs its own history: P/E 26.8 vs a 23.6 median over 31 quarters (+14% 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 26.8× earnings against 27.9× for the median Healthcare name, cheaper than its own group.

26.8

Trailing P/E · Healthcare median 27.9 · cheaper than the typical name in its group

Price / sales
0.22

Price / sales · as of 2026-Q2

Free cash flow yield
5.5%

Free cash flow yield · Healthcare median 4.3%

Growth the price implies
+4.4%

Growth the price implies · The price pays for +4.4% 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/E503 names
27.9
Free cash flow, trailing twelve months
$6.42B
Market capitalisation116.6 million shares, counted Jul 31, 2026
$116.7B
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$724.37 – $1,030.18
Today$1,000.62

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

What is it worth?

Today's price against what its own multiples, its cash flow and your growth assumption say it is worth.

Against its own past

Its multiples now against their own history, and how much of the price move came from earnings rather than the multiple.