Mckesson Debt-to-Equity Ratio Growth & History (MCK)
Mckesson's debt-to-equity ratio was 1.85 for fiscal 2020.
View full Mckesson company overviewMckesson annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2020 | 2020-03-31 | 1.85 | 0.91 | +96.75% |
| 2019 | 2019-03-31 | 0.94 | 0.13 | +16.75% |
| 2018 | 2018-03-31 | 0.80 | 0.03 | +4.36% |
| 2017 | 2017-03-31 | 0.77 | −0.14 | −15.29% |
| 2016 | 2016-03-31 | 0.91 | −0.32 | −26.10% |
| 2015 | 2015-03-31 | 1.23 | −0.02 | −1.22% |
| 2014 | 2014-03-31 | 1.25 | 0.61 | +94.77% |
| 2013 | 2013-03-31 | 0.64 | 0.12 | +22.02% |
| 2012 | 2012-03-31 | 0.52 | −0.03 | −5.50% |
| 2011 | 2011-03-31 | 0.55 | 0.25 | +81.93% |
| 2010 | 2010-03-31 | 0.30 | −0.10 | −24.76% |
| 2009 | 2009-03-31 | 0.41 | — | — |
Mckesson quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2021 | 2020-09-30 | 1.64 | 0.02 | +1.33% |
| Q1 2021 | 2020-06-30 | 1.73 | 0.47 | +36.89% |
| Q4 2020 | 2020-03-31 | 1.85 | 0.91 | +96.75% |
| Q3 2020 | 2019-12-31 | 1.97 | 0.90 | +84.87% |
| Q2 2020 | 2019-09-30 | 1.62 | 0.64 | +65.82% |
| Q1 2020 | 2019-06-30 | 1.27 | 0.23 | +22.05% |
| Q4 2019 | 2019-03-31 | 0.94 | 0.13 | +16.75% |
| Q3 2019 | 2018-12-31 | 1.07 | 0.32 | +42.13% |
| Q2 2019 | 2018-09-30 | 0.97 | 0.23 | +30.50% |
| Q1 2019 | 2018-06-30 | 1.04 | 0.33 | +47.35% |
| Q4 2018 | 2018-03-31 | 0.80 | 0.03 | +4.36% |
| Q3 2018 | 2017-12-31 | 0.75 | −0.44 | −36.81% |
| Q2 2018 | 2017-09-30 | 0.75 | −0.11 | −12.96% |
| Q1 2018 | 2017-06-30 | 0.70 | −0.17 | −19.77% |
| Q4 2017 | 2017-03-31 | 0.77 | −0.14 | −15.29% |
| Q3 2017 | 2016-12-31 | 1.19 | 0.20 | +20.75% |
| Q2 2017 | 2016-09-30 | 0.86 | −0.21 | −19.69% |
| Q1 2017 | 2016-06-30 | 0.88 | −0.23 | −20.76% |
| Q4 2016 | 2016-03-31 | 0.91 | −0.32 | −26.10% |
| Q3 2016 | 2015-12-31 | 0.98 | −0.16 | −14.16% |
| Q2 2016 | 2015-09-30 | 1.07 | −0.12 | −9.75% |
| Q1 2016 | 2015-06-30 | 1.11 | −0.08 | −6.91% |
| Q4 2015 | 2015-03-31 | 1.23 | −0.02 | −1.22% |
| Q3 2015 | 2014-12-31 | 1.14 | 0.58 | +103.15% |
| Q2 2015 | 2014-09-30 | 1.18 | 0.62 | +109.18% |
| Q1 2015 | 2014-06-30 | 1.19 | 0.58 | +94.73% |
| Q4 2014 | 2014-03-31 | 1.25 | 0.61 | +94.77% |
| Q3 2014 | 2013-12-31 | 0.56 | 0.04 | +8.43% |
| Q2 2014 | 2013-09-30 | 0.57 | 0.17 | +42.07% |
| Q1 2014 | 2013-06-30 | 0.61 | 0.18 | +43.13% |
| Q4 2013 | 2013-03-31 | 0.64 | 0.12 | +22.02% |
| Q3 2013 | 2012-12-31 | 0.52 | −0.02 | −2.87% |
| Q2 2013 | 2012-09-30 | 0.40 | −0.16 | −29.00% |
| Q1 2013 | 2012-06-30 | 0.43 | −0.15 | −26.05% |
| Q4 2012 | 2012-03-31 | 0.52 | −0.03 | −5.50% |
| Q3 2012 | 2011-12-31 | 0.53 | 0.21 | +64.25% |
| Q2 2012 | 2011-09-30 | 0.56 | 0.23 | +67.76% |
| Q1 2012 | 2011-06-30 | 0.58 | 0.25 | +74.15% |
| Q4 2011 | 2011-03-31 | 0.55 | 0.25 | +81.93% |
| Q3 2011 | 2010-12-31 | 0.33 | 0.00 | +1.09% |
| Q2 2011 | 2010-09-30 | 0.33 | −0.01 | −2.05% |
| Q1 2011 | 2010-06-30 | 0.33 | −0.07 | −17.23% |
| Q4 2010 | 2010-03-31 | 0.30 | −0.10 | −24.76% |
| Q3 2010 | 2009-12-31 | 0.32 | — | — |
| Q2 2010 | 2009-09-30 | 0.34 | — | — |
| Q1 2010 | 2009-06-30 | 0.40 | — | — |
| Q4 2009 | 2009-03-31 | 0.41 | — | — |
Mckesson debt-to-equity ratio trends
Over the last five fiscal years, Mckesson's debt-to-equity ratio increased from 1.23 to 1.85, a change of 0.62. The latest reported quarter, Q2 2021, shows 1.64.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mckesson source filings ↗