HCA Healthcare, Inc. (HCA) vs McKesson Corporation (MCK)

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnHCA vs MCK

growth of $100 · dividends reinvested · last 10y
HCA +512.0% (+19.9%/yr)MCK +415.1% (+17.8%/yr)HCA compounded faster over this window
200400600800Start $10020182020202220242026$612$515
HCA MCK

HCA vs MCK: by the numbers

  • MCK is the larger company ($103.02B vs $93.25B market cap).
  • HCA trades at the lower trailing earnings multiple (14.42 vs 23.55 P/E), one valuation lens rather than an overall verdict.
  • HCA converts more revenue to profit (8.77% vs 1.12% net margin).
  • MCK grew revenue faster over the past five years (10.88% vs 6.85% CAGR).
  • HCA pays the higher dividend yield (0.70% vs 0.37%).

Metrics side by side

Valuation

MetricHCAMCK
P/E ratio14.4223.55
Forward P/E14.6219.72
P/S ratio1.200.25
EV / EBITDA8.9514.76
FCF yield6.43%6.00%

Profitability

MetricHCAMCK
Gross margin41.50%3.64%
Operating margin15.48%1.62%
Net margin8.77%1.12%
ROIC19.41%28.34%

Dividends

MetricHCAMCK
Dividend yield0.70%0.37%
Payout ratio10.04%8.78%

Growth (annualized)

MetricHCAMCK
Revenue CAGR (5Y)6.85%10.88%
EPS CAGR (5Y)20.90%40.71%
FCF CAGR (5Y)56.45%13.40%
Total return CAGR (5Y)11.63%34.85%

Frequently asked

Which has the lower trailing P/E, HCA or MCK?
HCA has the lower trailing P/E: HCA trades at 14.42 and MCK at 23.55. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, HCA or MCK?
Over the past five years, MCK grew revenue faster — HCA at a 6.85% CAGR versus MCK at 10.88%.
Does HCA or MCK pay a bigger dividend?
HCA yields 0.70% and MCK yields 0.37% based on trailing dividends and the latest price.
Is HCA or MCK more profitable?
HCA runs the higher net margin — HCA at 8.77% versus MCK at 1.12%.
How have HCA and MCK total returns compared?
Over the past 10 years, HCA delivered 19.72% and MCK delivered 18.37% annualized total return. Past performance doesn't predict future results.

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 September 13, 2026.