FUNDAMENTAL ANALYSIS
MCK
McKesson Corporation
Last Updated: 2026-10-27View stock page →
FUNDAMENTAL RATING
FUNDAMENTAL SCORE
Bullish
72 / 100
Summary
McKesson Corporation has grown revenue at a 13.39% CAGR (compound annual growth rate) over three years and net income at a 10.18% CAGR. Latest annual revenue rose 12.4% and latest annual net income rose 44.5% (YoY (year-over-year)), yet the most recent quarter reported $614M in net income and declined 48.2% QoQ (quarter-over-quarter), a clear short-term divergence from the annual trend. Net margin sits at 1.2% in the health-care distributors sector, consistent with low-margin distribution economics. The Altman Z-score is 6.22, well inside the safe zone which begins at 2.99 and contrasts with a Piotroski F-Score of 5 on a 0 to 9 quality scale, a mixed earnings-quality reading. The next earnings release must show whether quarterly net income stops contracting and returns toward the multi-year annual growth path.
Revenue — Annual Comparison
Net Income — Annual Comparison
Quarterly Detail Charts
Quarterly Revenue
Quarterly Net Income
Piotroski F-Score Breakdown 5/9 · Neutral
✓ Profitability — Net income positive this fiscal year Pass
✓ Return on Assets — Return on Assets improved year-over-year Pass
✓ Cash flow positive — Cash from operations positive this fiscal year Pass
✗ Earnings quality — Cash from operations exceeds net income Fail
✗ Leverage down — Long-term debt / total assets improved Fail
✗ Liquidity up — Current ratio improved year-over-year Fail
✓ No share dilution — Share count did not increase year-over-year Pass
✗ Margin up — Gross margin expanded year-over-year Fail
✓ Asset efficiency — Asset turnover improved year-over-year Pass
Data Source
This dashboard applies a modified 9-signal Piotroski F-Score (Piotroski, 2000) and Altman Z-Score models. Fundamental filing data is sourced from the SEC's EDGAR XBRL database (primary), with API Ninjas as backup for freshly-filed 10-Ks not yet in SEC. Live price, market cap, and EPS display use Tiingo end-of-day data. This page is informational analysis, not investment advice. See Financial Disclaimer.
Recent Filings
2026-08-05 10-Q
2026-05-08 10-K
2026-02-04 10-Q
2025-11-06 10-Q
2025-08-06 10-Q
2025-05-09 10-K
2024-05-08 10-K
2023-05-09 10-K
Formula & Methodology
Trend inputAnnual revenue and net income year-over-year direction contributes 20% of the score.
Piotroski inputModified 9-test Piotroski F-Score (Quality) contributes 40% of the score.
Altman inputAltman Z-Score (Distress) contributes 40% of the score.
Rating ruleFormula: Trend (20%) + Piotroski F-Score (40%) + Altman Z-Score (40%). Trend blends annual revenue and net income year-over-year direction. Piotroski is the modified 9-test variant (7 classic + 2 cash-flow tests). Altman uses the 1968 Z-Score with Safe/Grey/Distress zones. Combined blend uses ±0.45 thresholds: Bullish at +0.45 or higher, Bearish at -0.45 or lower, Neutral in between. Missing sub-signals count as Neutral (0) and weights are not re-normalized — a company with fewer available signals must earn its rating from stronger reads on the remaining pillars.