HCA Healthcare, Inc. (HCA) vs McKesson Corporation (MCK)
HCA leads on 9 of 16 compared metrics.
A side-by-side comparison of HCA Healthcare, Inc. and McKesson Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 19, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — HCA vs MCK
growth of $100 · last 15yHCA +1109.4%MCK +857.7%HCA compounded faster
HCA MCK
HCA vs MCK: by the numbers
- •MCK is the larger company ($87.88B vs $83.23B market cap).
- •HCA trades at the lower earnings multiple (12.90 vs 19.51 P/E).
- •HCA converts more revenue to profit (8.89% vs 1.18% net margin).
- •MCK grew revenue faster over the past five years (11.11% vs 7.73% CAGR).
- •HCA pays the higher dividend yield (0.80% vs 0.44%).
Which is better, HCA or MCK?
Metric tally: HCA 9 · MCK 7It depends on what you're optimizing for:
ValueHCA(lower P/E)
GrowthMCK(faster 5Y revenue CAGR)
IncomeHCA(higher dividend yield)
QualityMCK(higher ROIC)
Metrics side by side
Valuation
| Metric | HCA | MCK |
|---|---|---|
| P/E ratio | 12.90● | 19.51 |
| Forward P/E | 11.30● | 14.90 |
| P/S ratio | 1.11 | 0.23● |
| PEG ratio | 0.56 | 0.46● |
| EV / EBITDA | 8.55● | 13.79 |
| FCF yield | 9.32%● | 6.44% |
Profitability
| Metric | HCA | MCK |
|---|---|---|
| Gross margin | 34.92%● | 3.61% |
| Operating margin | 15.67%● | 1.58% |
| Net margin | 8.89%● | 1.18% |
| ROE | -112.56%● | -219.24% |
| ROIC | 18.53% | 31.48%● |
Dividends
| Metric | HCA | MCK |
|---|---|---|
| Dividend yield | 0.80%● | 0.44% |
| Payout ratio | 10.48% | 8.51% |
Growth (annualized)
| Metric | HCA | MCK |
|---|---|---|
| Revenue CAGR (5Y) | 7.73% | 11.11%● |
| EPS CAGR (5Y) | 20.90% | 40.71%● |
| FCF CAGR (5Y) | 1.92% | 8.76%● |
| Total return CAGR (5Y) | 14.20% | 33.07%● |
Frequently asked
- Which is better, HCA or MCK?
- It depends on your goal. value: HCA (lower P/E); growth: MCK (faster 5Y revenue CAGR); income: HCA (higher dividend yield); quality: MCK (higher ROIC). Across all compared metrics, HCA leads 9 to 7.
- Is HCA or MCK cheaper?
- On trailing earnings, HCA is cheaper: HCA trades at a 12.90 P/E and MCK at 19.51.
- Which has grown faster, HCA or MCK?
- Over the past five years, MCK grew revenue faster — HCA at a 7.73% CAGR versus MCK at 11.11%.
- Does HCA or MCK pay a bigger dividend?
- HCA yields 0.80% and MCK yields 0.44% based on trailing dividends and the latest price.
- Is HCA or MCK more profitable?
- HCA runs the higher net margin — HCA at 8.89% versus MCK at 1.18%.
- Which has been the better investment, HCA or MCK?
- Over the past 10-year, HCA delivered the higher annualized total return — HCA at 17.99% versus MCK at 16.38%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
HCA Healthcare P/E ratioMcKesson P/E ratioHCA Healthcare dividend yieldMcKesson dividend yieldHCA Healthcare ROEMcKesson ROEHCA Healthcare operating marginMcKesson operating marginHCA Healthcare revenue growthMcKesson revenue growthHCA Healthcare free cash flowMcKesson free cash flow
HCA Healthcare & McKesson appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 19, 2026.