McKesson price to free cash flow MCK
Market value divided by free cash flow over the last twelve months, since 2010.
- Today, Oct 23, 2026
- 18.2×
- 10-year median
- 10.8×
- Against its 10-year history
- 90th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 4.8× to 46.0×
- Peer median
- 19.9×
McKesson's price to free cash flow is 18.2× as of Oct 23, 2026.
That is above its ten-year median of 10.8×, higher than on 90% of days in the last ten years.
Over that time it ranged from 4.8× in Apr 2017 to 46.0× in May 2025.
The median for 10 healthcare stocks of a similar size is 19.9×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 18.2× | 10.0× | 18.3× |
| 2025 | 16.1× | 13.8× | 46.0× |
| 2024 | 15.9× | 14.1× | 22.9× |
| 2023 | 13.6× | 10.7× | 13.8× |
| 2022 | 13.1× | 8.8× | 13.8× |
| 2021 | 8.8× | 5.0× | 9.2× |
| 2020 | 6.8× | 5.8× | 9.3× |
| 2019 | 7.9× | 5.2× | 9.6× |
| 2018 | 7.4× | 6.8× | 14.1× |
| 2017 | 11.9× | 4.8× | 12.4× |
| 2016 | 6.5× | 5.7× | 19.5× |
| 2015 | 11.8× | 10.7× | 23.4× |
| 2014 | 22.6× | 14.4× | 22.9× |
| 2013 | 14.5× | 8.0× | 19.7× |
| 2012 | 12.4× | 7.0× | 12.7× |
| 2011 | 7.1× | 7.0× | 13.7× |
| 2010 | 13.0× | 8.1× | 13.1× |
Against its peers
Companies in Healthcare nearest McKesson's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| MCKMcKesson | 18.2× |
| SYKStryker | 25.1× |
| CVSCVS Health | 10.2× |
| MDTMedtronic | 19.9× |
| BMYBristol-Myers Squibb | 11.0× |
| VRTXVertex Pharmaceuticals | 35.0× |
| HCAHCA Healthcare | 16.9× |
| ELVElevance Health | 15.2× |
| ISRGIntuitive Surgical | n/m |
| DHRDanaher | 29.6× |
| REGNRegeneron Pharmaceuticals | 22.0× |
| Peer median | 19.9× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on McKesson
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.