McKesson Corporation (MCK) — Capital Reinvestment Ratio
McKesson Corporation (MCK) has a Capital Reinvestment Ratio of 0.03x as of March 2026, meaning it reinvests 0% of its operating cash flow ($3.42 Billion) in capital expenditures ($111.00 Million). Check MCK tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
McKesson Corporation Capital Reinvestment Ratio (1995–2026)
This chart tracks McKesson Corporation's Capital Reinvestment Ratio across 31 annual periods. For the full cash flow conversion analysis, see MCK cash generation efficiency.
Annual Capital Reinvestment Ratio for McKesson Corporation (1995–2026)
Year-by-year Capital Reinvestment Ratio for McKesson Corporation from 1995 to 2026. See McKesson Corporation free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.07x | $6.16 Billion | $436.00 Million | ▼ -49.8% |
| 2025 | 0.14x | $6.08 Billion | $859.00 Million | ▼ -11.4% |
| 2024 | 0.16x | $4.31 Billion | $687.00 Million | ▲ +47.2% |
| 2023 | 0.11x | $5.16 Billion | $558.00 Million | ▼ -10.4% |
| 2022 | 0.12x | $4.43 Billion | $535.00 Million | ▼ -14.5% |
| 2021 | 0.14x | $4.54 Billion | $641.00 Million | ▲ +22.0% |
| 2020 | 0.12x | $4.37 Billion | $506.00 Million | ▼ -16.2% |
| 2019 | 0.14x | $4.04 Billion | $557.00 Million | ▲ +3.4% |
| 2018 | 0.13x | $4.34 Billion | $580.00 Million | ▲ +12.7% |
| 2017 | 0.12x | $4.74 Billion | $562.00 Million | ▼ -35.7% |
| 2016 | 0.18x | $3.67 Billion | $677.00 Million | ▲ +5.3% |
| 2015 | 0.18x | $3.11 Billion | $545.00 Million | ▲ +32.3% |
| 2014 | 0.13x | $3.14 Billion | $415.00 Million | ▼ -19.1% |
| 2013 | 0.16x | $2.48 Billion | $406.00 Million | ▲ +19.7% |
| 2012 | 0.14x | $2.95 Billion | $403.00 Million | ▼ -17.7% |
| 2011 | 0.17x | $2.34 Billion | $388.00 Million | ▲ +1.7% |
| 2010 | 0.16x | $2.32 Billion | $378.00 Million | ▼ -43.7% |
| 2009 | 0.29x | $1.35 Billion | $392.00 Million | ▼ -29.2% |
| 2008 | 0.41x | $869.00 Million | $356.00 Million | ▲ +106.0% |
| 2007 | 0.20x | $1.54 Billion | $306.00 Million | ▲ +226.7% |
| 2006 | 0.06x | $2.74 Billion | $167.00 Million | ▼ -33.1% |
| 2005 | 0.09x | $1.54 Billion | $139.90 Million | ▼ -55.4% |
| 2004 | 0.20x | $563.40 Million | $115.00 Million | ▲ +22.4% |
| 2003 | 0.17x | $695.50 Million | $116.00 Million | ▼ -58.3% |
| 2002 | 0.40x | $329.30 Million | $131.80 Million | ▼ -11.1% |
| 2001 | 0.45x | $353.10 Million | $158.90 Million | ▼ -74.2% |
| 1999 | 1.75x | $317.10 Million | $553.40 Million | ▼ -98.3% |
| 1998 | 105.64x | $2.20 Million | $232.40 Million | ▲ +1855.2% |
| 1997 | 5.40x | $238.10 Million | $1.29 Billion | ▼ -87.8% |
| 1996 | 44.32x | $2.50 Million | $110.80 Million | ▲ +10406.5% |
| 1995 | 0.42x | $195.10 Million | $82.30 Million | — |