McKesson Corporation (MCK) — Tangible Net Worth Ratio
McKesson Corporation (MCK) has a Tangible Net Worth Ratio of 41.0% as of March 2026. This metric is calculated by deducting intangible assets ($4.08 Billion) from net assets ($6.92 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital position of McKesson Corporation to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
McKesson Corporation Tangible Net Worth Ratio (1995–2026)
This chart shows how McKesson Corporation's Tangible Net Worth Ratio has changed across 28 annual periods from 1995 to 2026. As of March 2026, the ratio stands at 41.0%, reflecting net assets of $6.92 Billion with intangible assets of $4.08 Billion USD. See McKesson Corporation defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for McKesson Corporation (1995–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for McKesson Corporation from 1995 to 2026, covering 28 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see McKesson Corporation market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 41.0% | $6.92 Billion | $4.08 Billion | $82.32 Billion | ▲ +140.1 pp |
| 2021 | -99.0% | $1.45 Billion | $2.88 Billion | $65.02 Billion | ▼ -152.0 pp |
| 2020 | 53.0% | $6.71 Billion | $3.16 Billion | $61.25 Billion | ▼ -8.9 pp |
| 2019 | 61.9% | $9.68 Billion | $3.69 Billion | $59.67 Billion | ▼ -2.5 pp |
| 2018 | 64.4% | $11.52 Billion | $4.10 Billion | $60.38 Billion | ▼ -6.5 pp |
| 2017 | 70.9% | $12.60 Billion | $3.67 Billion | $60.97 Billion | ▼ -0.1 pp |
| 2016 | 71.0% | $10.41 Billion | $3.02 Billion | $56.56 Billion | ▲ +7.3 pp |
| 2015 | 63.7% | $9.47 Billion | $3.44 Billion | $53.87 Billion | ▲ +12.3 pp |
| 2014 | 51.3% | $10.32 Billion | $5.02 Billion | $51.76 Billion | ▼ -16.6 pp |
| 2013 | 67.9% | $7.07 Billion | $2.27 Billion | $34.79 Billion | ▼ -6.5 pp |
| 2012 | 74.4% | $6.83 Billion | $1.75 Billion | $33.09 Billion | ▼ -3.3 pp |
| 2011 | 77.7% | $7.22 Billion | $1.61 Billion | $30.89 Billion | ▼ -11.8 pp |
| 2010 | 89.6% | $7.53 Billion | $785.00 Million | $28.19 Billion | ▲ +3.8 pp |
| 2009 | 85.8% | $6.19 Billion | $882.00 Million | $25.27 Billion | ▼ -0.2 pp |
| 2008 | 86.0% | $6.12 Billion | $860.00 Million | $24.60 Billion | ▼ -1.6 pp |
| 2007 | 87.6% | $6.27 Billion | $779.00 Million | $23.94 Billion | ▼ -10.3 pp |
| 2006 | 97.8% | $5.91 Billion | $128.00 Million | $20.98 Billion | ▲ +7.3 pp |
| 2005 | 90.5% | $5.28 Billion | $500.00 Million | $18.77 Billion | ▲ +19.4 pp |
| 2004 | 71.1% | $5.17 Billion | $1.49 Billion | $16.24 Billion | ▲ +1.8 pp |
| 2003 | 69.3% | $4.72 Billion | $1.45 Billion | $14.35 Billion | ▼ -3.7 pp |
| 2002 | 73.0% | $4.14 Billion | $1.12 Billion | $13.32 Billion | ▲ +1.9 pp |
| 2001 | 71.1% | $3.69 Billion | $1.06 Billion | $11.53 Billion | ▲ +2.7 pp |
| 2000 | 68.5% | $3.76 Billion | $1.19 Billion | $10.37 Billion | ▲ +8.4 pp |
| 1999 | 60.1% | $3.08 Billion | $1.23 Billion | $9.08 Billion | ▲ +7.0 pp |
| 1998 | 53.0% | $1.60 Billion | $752.40 Million | $5.61 Billion | ▲ +3.6 pp |
| 1997 | 49.4% | $1.46 Billion | $736.20 Million | $5.17 Billion | ▼ -30.7 pp |
| 1996 | 80.1% | $1.12 Billion | $223.40 Million | $3.50 Billion | ▲ +0.1 pp |
| 1995 | 80.0% | $1.07 Billion | $214.30 Million | $3.48 Billion | — |