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HWH International vs McKesson: revenue, profit, margins and growth compared

HWH International brought in $866.9K of revenue in fiscal 2025, McKesson $403.4B in fiscal 2026. Revenue changed by -30.8% at HWH International and +12.4% at McKesson on the year before, so McKesson grew faster. HWH International kept -303.4% of its revenue as net profit, McKesson 1.2%. Free cash flow was -$1.8M at HWH International and $5.7B at McKesson.

Side by side, latest fiscal year

HWHMCK
Fiscal year endedFY2025 (December 31, 2025)FY2026 (March 31, 2026)
Revenue$866.9K$403.4B
Revenue growth-30.8%+12.4%
Net income-$2.6M$4.8B
Net margin-303.4%1.2%
Free cash flow-$1.8M$5.7B
Free cash flow margin-204.1%1.4%
Earnings per share (diluted)-$0.40$38.38
Cash$2.1M$4B
Debtn/a$6.5B
Price to earningsn/a22.6
Market value$79.7M$101B
Dividend yieldn/a0.37%
Rank by revenue in sector#489 of 523 · Health care#2 of 523 · Health care

Over the years

Revenue
HWH FY2024: $830.5KHWH FY2024: $1.3MHWH FY2025: $866.9KMCK FY2019: $214.3BMCK FY2020: $231.1BMCK FY2021: $238.2BMCK FY2022: $264BMCK FY2023: $276.7BMCK FY2024: $309BMCK FY2025: $359.1BMCK FY2026: $403.4BFY19FY20FY21FY22FY23FY24FY25FY26
HWH $866.9KMCK $403.4B
Net income
HWH FY2022: $113.5KHWH FY2023: $548.9KHWH FY2024: -$1.1MHWH FY2024: -$2.7MHWH FY2025: -$2.6MMCK FY2019: $34MMCK FY2020: $900MMCK FY2021: -$4.5BMCK FY2022: $1.1BMCK FY2023: $3.6BMCK FY2024: $3BMCK FY2025: $3.3BMCK FY2026: $4.8BFY19FY20FY21FY22FY23FY24FY25FY26
HWH -$2.6MMCK $4.8B
Net margin
HWH FY2024: -130.1%HWH FY2024: -219.4%HWH FY2025: -303.4%MCK FY2019: 0.0%MCK FY2020: 0.4%MCK FY2021: -1.9%MCK FY2022: 0.4%MCK FY2023: 1.3%MCK FY2024: 1.0%MCK FY2025: 0.9%MCK FY2026: 1.2%FY19FY20FY21FY22FY23FY24FY25FY26
HWH -303.4%MCK 1.2%
Revenue growth
HWH FY2024: +50.9%HWH FY2025: -30.8%MCK FY2020: +7.8%MCK FY2021: +3.1%MCK FY2022: +10.8%MCK FY2023: +4.8%MCK FY2024: +11.7%MCK FY2025: +16.2%MCK FY2026: +12.4%FY20FY21FY22FY23FY24FY25FY26
HWH -30.8%MCK +12.4%
Free cash flow
HWH FY2024: -$2.6MHWH FY2024: -$1.8MHWH FY2025: -$1.8MMCK FY2019: $3.6BMCK FY2020: $4BMCK FY2021: $4.1BMCK FY2022: $4BMCK FY2023: $4.8BMCK FY2024: $3.9BMCK FY2025: $5.5BMCK FY2026: $5.7BFY19FY20FY21FY22FY23FY24FY25FY26
HWH -$1.8MMCK $5.7B

Fiscal years as each company reports them; the two may end in different months.

Questions about HWH International and McKesson

Which is bigger by revenue, HWH International or McKesson?

McKesson is bigger by revenue: $403.4B in fiscal 2026, against $866.9K for HWH International in fiscal 2025.

Which keeps more of its revenue as profit, HWH International or McKesson?

HWH International had a net margin of -303.4% in fiscal 2025; McKesson had 1.2% in fiscal 2026.

Which grew revenue faster, HWH International or McKesson?

In their latest fiscal years revenue changed by -30.8% at HWH International 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.

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