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McKesson Corporation (MCK)
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McKesson Corporation (MCK) Tax Rate: 17.77%

Is McKesson Corporation’s tax rate high or low?

McKesson Corporation's tax rate of 17.77% is 12% below its 5-year average of 20.14%, near the low end of its 5-year range (13.81%–32.99%).

6.25% below its 12-month average of 18.95%.

MCK Tax Rate Chart

MCK Tax Rate
17.77%-11.77% 1Y
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MCK Average Tax Rate Chart

MCK Current vs Average Tax Rate Chart

MCK Tax Rate Metrics

TAX RATE

17.77%

TAX RATE AVG TTM

18.95%

TAX RATE AVG 3Y

18.52%

TAX RATE AVG 5Y

20.14%

TAX RATE AVG 10Y

19.09%

TAX RATE AVG 15Y

23.42%

TAX RATE AVG 20Y

25.07%

CURRENT VS TTM AVG

-6.25%

CURRENT VS 3Y AVG

-4.02%

CURRENT VS 5Y AVG

-11.78%

CURRENT VS 10Y AVG

-6.91%

CURRENT VS 15Y AVG

-24.13%

CURRENT VS 20Y AVG

-29.11%

McKesson Corporation Tax Rate Formula & Definition

Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

McKesson Corporation Tax Rate FAQ

What is the tax rate for McKesson Corporation (MCK)?
The tax rate for MCK stock is 17.77%.
Is McKesson Corporation's tax rate high or low?
McKesson Corporation's tax rate of 17.77% is 12% below its 5-year average of 20.14%, near the low end of its 5-year range (13.81%–32.99%).
What is the TTM average tax rate for McKesson Corporation (MCK)?
The TTM average tax rate for MCK stock is 18.95%.
What is the 3Y average tax rate for McKesson Corporation (MCK)?
The 3Y average tax rate for MCK stock is 18.52%.
What is the 5Y average tax rate for McKesson Corporation (MCK)?
The 5Y average tax rate for MCK stock is 20.14%.
What is the 10Y average tax rate for McKesson Corporation (MCK)?
The 10Y average tax rate for MCK stock is 19.09%.
What is the 15Y average tax rate for McKesson Corporation (MCK)?
The 15Y average tax rate for MCK stock is 23.42%.
What is the 20Y average tax rate for McKesson Corporation (MCK)?
The 20Y average tax rate for MCK stock is 25.07%.

McKesson Corporation Tax Rate History

DATETAX RATE
2026-03-3117.77%
2025-03-3120.14%
2024-03-3116.60%
2023-03-3119.55%
2022-03-3132.99%
2021-03-3113.81%
2020-03-311.57%
2019-03-3158.36%
2018-03-31-22.18%
2017-03-3123.42%
2016-03-3127.94%
2015-03-3130.67%
2014-03-3135.40%
2013-03-3130.28%
2012-03-3126.89%
2011-03-3130.89%
2010-03-3132.24%
2009-03-3122.65%
2008-03-3132.12%
2007-03-3125.37%
2006-03-3135.95%
2005-03-3133.92%
2004-03-3129.07%
2003-03-3134.29%
2002-03-3130.37%
2001-03-31544.79%
2000-03-3139.85%
1999-03-3157.97%
1998-03-3138.90%
1997-03-3185.99%

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