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MCKMcKesson Corporation

The forward PE ratio is 20.99 as of Thursday, July 9, 2026.

Forward PE Ratio (20.99) = Close Price ($792.81) / Consensus Forward EPS ($39.01)

MCK Forward PE Ratio Metrics

FORWARD PE RATIO

20.99

MCK Competitors' Forward PE Ratio

MCK

McKesson Corporation

Current

Market Cap

$92.82B

Forward PE Ratio

20.99

ELV

Elevance Health Inc.

vs MCK

Market Cap

$91.29B

Forward PE Ratio

15.46

HCA

HCA Healthcare, Inc.

vs MCK

Market Cap

$90.73B

Forward PE Ratio

13.58

GSK

GSK plc

vs MCK

Market Cap

$105.09B

Forward PE Ratio

14.68

MDT

Medtronic plc

vs MCK

Market Cap

$105.46B

Forward PE Ratio

14.86

CI

Cigna Corporation

vs MCK

Market Cap

$77.19B

Forward PE Ratio

9.51

REGN

Regeneron Pharmaceuticals, Inc.

vs MCK

Market Cap

$68.81B

Forward PE Ratio

14.31

BMY

Bristol-Myers Squibb Company

vs MCK

Market Cap

$118.32B

Forward PE Ratio

9.11

BSX

Boston Scientific Corporation

vs MCK

Market Cap

$66.87B

Forward PE Ratio

13.33

SYK

Stryker Corporation

vs MCK

Market Cap

$125.40B

Forward PE Ratio

21.82

Trailing vs Forward

Trailing P/E

21.3

reported TTM EPS

Forward P/E

21.0

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $39.01 implies +1.4% EPS growth vs the reported trailing $38.47.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $792.81 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2027-03-31$44.26$44.07 – $44.48917.9x
2028-03-31$50.39$49.99 – $50.87915.7x
2029-03-31$57.59$56.77 – $59.00313.8x

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Forward PE Ratio FAQ

What is the forward PE ratio for McKesson Corporation (MCK)?
The forward PE ratio for MCK stock is 20.99.

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