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McKesson Corporation (MCK) Debt to Equity Ratio: -3.97

Is McKesson Corporation’s debt to equity ratio high or low?

McKesson Corporation's debt to equity ratio of -3.97 is 466% below its 5-year average of 1.08, near the low end of its 5-year range (-3.97–1.85).

As of Friday, June 19, 2026. 384.59% below its 12-month average of 1.40.

MCK Debt to Equity Ratio Chart

MCK Debt to Equity Ratio
1.85+96.81% 1Y
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MCK Average Debt to Equity Ratio Chart

MCK Current vs Average Debt to Equity Ratio Chart

MCK Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

-3.97

DEBT TO EQUITY RATIO AVG TTM

1.40

DEBT TO EQUITY RATIO AVG 3Y

1.09

DEBT TO EQUITY RATIO AVG 5Y

1.08

DEBT TO EQUITY RATIO AVG 10Y

0.90

DEBT TO EQUITY RATIO AVG 15Y

0.64

DEBT TO EQUITY RATIO AVG 20Y

0.56

CURRENT VS TTM AVG

-384.59%

CURRENT VS 3Y AVG

-464.22%

CURRENT VS 5Y AVG

-466.46%

CURRENT VS 10Y AVG

-542.00%

CURRENT VS 15Y AVG

-724.21%

CURRENT VS 20Y AVG

-803.90%

MCK Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
McKesson Corporation (MCK)$87.88B-3.971.401.091.08
Elevance Health Inc. (ELV)vs ›$84.37B0.760.780.740.71
HCA Healthcare, Inc. (HCA)vs ›$83.23B-8.3357.7957.7957.79
Medtronic plc (MDT)vs ›$101.86B0.570.580.530.52
Cigna Corporation (CI)vs ›$73.88B0.750.770.730.72
Boston Scientific Corporation (BSX)vs ›$67.35B0.510.510.510.54
Bristol-Myers Squibb Company (BMY)vs ›$110.27B2.552.842.101.84
Regeneron Pharmaceuticals, Inc. (REGN)vs ›$62.84B0.090.090.100.13
Vertex Pharmaceuticals Incorporated (VRTX)vs ›$114.63B0.210.160.110.11
Stryker Corporation (SYK)vs ›$119.03B0.730.710.740.82

Financial Health

Debt/Equity

-3.97

Current Ratio

0.85

McKesson Corporation Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

McKesson Corporation Debt to Equity Ratio FAQ

What is the debt to equity ratio for McKesson Corporation (MCK)?
The debt to equity ratio for MCK stock is -3.97.
Is McKesson Corporation's debt to equity ratio high or low?
McKesson Corporation's debt to equity ratio of -3.97 is 466% below its 5-year average of 1.08, near the low end of its 5-year range (-3.97–1.85).
What is the TTM average debt to equity ratio for McKesson Corporation (MCK)?
The TTM average debt to equity ratio for MCK stock is 1.40.
What is the 3Y average debt to equity ratio for McKesson Corporation (MCK)?
The 3Y average debt to equity ratio for MCK stock is 1.09.
What is the 5Y average debt to equity ratio for McKesson Corporation (MCK)?
The 5Y average debt to equity ratio for MCK stock is 1.08.
What is the 10Y average debt to equity ratio for McKesson Corporation (MCK)?
The 10Y average debt to equity ratio for MCK stock is 0.90.
What is the 15Y average debt to equity ratio for McKesson Corporation (MCK)?
The 15Y average debt to equity ratio for MCK stock is 0.64.
What is the 20Y average debt to equity ratio for McKesson Corporation (MCK)?
The 20Y average debt to equity ratio for MCK stock is 0.56.

McKesson Corporation Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2020-03-311.85
2019-03-310.94
2018-03-310.80
2017-03-310.77
2016-03-310.91
2015-03-311.23
2014-03-311.26
2013-03-310.69
2012-03-310.58
2011-03-310.55
2010-03-310.30
2009-03-310.41
2008-03-310.29
2007-03-310.31
2006-03-310.17
2005-03-310.33
2004-03-310.39
2003-03-310.29
2002-03-310.36
2001-03-310.35
2000-03-310.35
1999-03-310.55
1998-03-310.86
1997-03-310.78

About McKesson Corporation

McKesson Corporation is a prominent global provider of healthcare services, operating extensively in both the United States and international markets. Its diverse operations are strategically organized into four key business segments. The U.S. Pharmaceutical division plays a crucial role in the distribution of a comprehensive array of pharmaceutical products, encompassing branded, generic, specialty, biosimilar, and over-the-counter medications, alongside other health-related merchandise. This segment also delivers specialized support to community-based oncology and other specialty medical practices through practice management tools, technology solutions, clinical guidance, and broader business services. Furthermore, it assists pharmacies with consulting, outsourcing, and technology services, while also furnishing financial, operational, and clinical software solutions. Internationally, the company's dedicated segment provides distribution and support services to wholesale, institutional, and retail clients across 13 European nations and Canada. The Medical-Surgical Solutions unit is focused on supplying healthcare providers with essential medical-surgical products, sophisticated logistics management, and a variety of associated services. Finally, the Prescription Technology Solutions (RxTS) segment is designed to address complex medication challenges for patients. It collaborates with biopharmaceutical companies and life sciences partners to improve patient journeys, leveraging innovative solutions for medication access and adherence by connecting pharmacies, healthcare providers, payers, and biopharma entities. This segment further offers third-party logistics and wholesale distribution assistance. Founded in 1833, McKesson Corporation maintains its corporate headquarters in Irving, Texas.

Irving, TX
44,000 employees
Healthcare / Medical - Distribution
Sector
Healthcare
Industry
Medical - Distribution
CEO
Brian S. Tyler