Centene vs McKesson: revenue, profit, margins and growth compared
Centene brought in $194.8B of revenue in fiscal 2025, McKesson $403.4B in fiscal 2026. Revenue changed by +19.4% at Centene and +12.4% at McKesson on the year before, so Centene grew faster. Centene kept -3.4% of its revenue as net profit, McKesson 1.2%. Free cash flow was $4.3B at Centene and $5.7B at McKesson.
Fiscal years as each company reports them; the two may end in different months.
Questions about Centene and McKesson
Which is bigger by revenue, Centene or McKesson?
McKesson is bigger by revenue: $403.4B in fiscal 2026, against $194.8B for Centene in fiscal 2025.
Which keeps more of its revenue as profit, Centene or McKesson?
Centene had a net margin of -3.4% in fiscal 2025; McKesson had 1.2% in fiscal 2026.
Which grew revenue faster, Centene or McKesson?
In their latest fiscal years revenue changed by +19.4% at Centene and +12.4% at McKesson.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.