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.
HCA
HCA Healthcare, Inc.
$430.71HealthcareDelayed quote: Sep 17, 2026, 3:50 PM EDT
MCK
McKesson Corporation
$879.90HealthcareDelayed quote: Sep 17, 2026, 3:50 PM EDT
Total return — HCA vs MCK
growth of $100 · dividends reinvested · last 10yHCA +512.0% (+19.9%/yr)MCK +415.1% (+17.8%/yr)HCA compounded faster over this window
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
| Metric | HCA | MCK |
|---|---|---|
| P/E ratio | 14.42 | 23.55 |
| Forward P/E | 14.62 | 19.72 |
| P/S ratio | 1.20 | 0.25 |
| EV / EBITDA | 8.95 | 14.76 |
| FCF yield | 6.43% | 6.00% |
Profitability
| Metric | HCA | MCK |
|---|---|---|
| Gross margin | 41.50% | 3.64% |
| Operating margin | 15.48% | 1.62% |
| Net margin | 8.77% | 1.12% |
| ROIC | 19.41% | 28.34% |
Dividends
| Metric | HCA | MCK |
|---|---|---|
| Dividend yield | 0.70% | 0.37% |
| Payout ratio | 10.04% | 8.78% |
Growth (annualized)
| Metric | HCA | MCK |
|---|---|---|
| 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.
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 September 13, 2026.