McKesson vs Unitedhealth: revenue, profit, margins and growth compared
McKesson brought in $403.4B of revenue in fiscal 2026, Unitedhealth $447.6B in fiscal 2025. Revenue changed by +12.4% at McKesson and +11.8% at Unitedhealth on the year before, so McKesson grew faster. McKesson kept 1.2% of its revenue as net profit, Unitedhealth 2.7%. Free cash flow was $5.7B at McKesson and $16.1B at Unitedhealth.
Fiscal years as each company reports them; the two may end in different months.
Questions about McKesson and Unitedhealth
Which is bigger by revenue, McKesson or Unitedhealth?
Unitedhealth is bigger by revenue: $447.6B in fiscal 2025, against $403.4B for McKesson in fiscal 2026.
Which keeps more of its revenue as profit, McKesson or Unitedhealth?
McKesson had a net margin of 1.2% in fiscal 2026; Unitedhealth had 2.7% in fiscal 2025.
Which grew revenue faster, McKesson or Unitedhealth?
In their latest fiscal years revenue changed by +12.4% at McKesson and +11.8% at Unitedhealth.
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.