ABT vs. MCK: Abbott Laboratories vs. McKesson Stock Comparison
This page compares Abbott Laboratories (ABT) with McKesson (MCK) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | ABT | MCK |
|---|---|---|
| 1-Year Return | -34.06% | 7.72% |
Risk
Drawdown
Risk at a Glance
| Metric | ABT | MCK |
|---|---|---|
| 1-Year Volatility | 24.54% | 29.15% |
| Beta | 0.61 | 0.30 |
| 3-Month Avg. Volume | 12.96M | 1.01M |
Company Profile
Abbott Laboratories (ABT) and McKesson (MCK) both fall under the Health Care Equipment & Services industry group, but ABT is classified in Health Care Equipment & Supplies while MCK is classified in Health Care Providers & Services.
| Profile Item | ABT | MCK |
|---|---|---|
| Name | Abbott Laboratories | McKesson Corporation |
| Country/Region | United States | United States |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Health Care Equipment & Services | Health Care Equipment & Services |
| GICS Industry | Health Care Equipment & Supplies | Health Care Providers & Services |
| GICS Sub-Industry | Health Care Equipment | Health Care Distributors |
| Market Capitalization | 153.59 billion USD | 94.25 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | November 10, 1994 |
| Security Type | Common Stock | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
Both Abbott Laboratories (ABT) at 24.70 and McKesson (MCK) at 20.41 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
ABT
Health Care Equipment & Services industry group
24.70
- Max
- 80.40
- Q3
- 44.58
- Median
- 28.09
- ABT
- 24.70
- Q1
- 19.76
- Min
- 0.91
MCK
Health Care Equipment & Services industry group
20.41
- Max
- 80.40
- Q3
- 44.58
- Median
- 28.09
- MCK
- 20.41
- Q1
- 19.76
- Min
- 0.91
Price-to-Sales Ratio (TTM)
McKesson (MCK) at 0.23 sits in the cheaper P/S ratio quartile while Abbott Laboratories (ABT) at 3.40 prices around its industry’s middle — MCK costs less per dollar of sales, though read it alongside growth and margins.
ABT
Health Care Equipment & Services industry group
3.40
- Max
- 8.62
- Q3
- 4.20
- ABT
- 3.40
- Median
- 1.94
- Q1
- 1.01
- Min
- 0.04
MCK
Health Care Equipment & Services industry group
0.23
- Max
- 8.62
- Q3
- 4.20
- Median
- 1.94
- Q1
- 1.01
- MCK
- 0.23
- Min
- 0.04
Price-to-Book Ratio (MRQ)
McKesson (MCK) reports a negative P/B ratio of -43.32, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Abbott Laboratories (ABT) reports 2.95, ranking against industry peers normally.
ABT
Health Care Equipment & Services industry group
2.95
- Max
- 11.03
- Q3
- 5.50
- ABT
- 2.95
- Median
- 2.78
- Q1
- 1.47
- Min
- -2.18
MCK
Health Care Equipment & Services industry group
-43.32
- Max
- 11.03
- Q3
- 5.50
- Median
- 2.78
- Q1
- 1.47
- Min
- -2.18
- MCK
- -43.32
Valuation at a Glance
| Metric | ABT | MCK |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 24.70 | 20.41 |
| Price-to-Sales Ratio (TTM) | 3.40 | 0.23 |
| Price-to-Book Ratio (MRQ) | 2.95 | -43.32 |
| Free Cash Flow Yield | 4.13% | 6.00% |
Profitability
Return on Equity (TTM)
Capital efficiency shows on one side only: Abbott Laboratories (ABT) earns 12.33% on shareholders’ equity, ranked against its industry; McKesson (MCK) has no ROE this period.
ABT
Health Care Equipment & Services industry group
12.33%
- Max
- 53.65%
- Q3
- 12.73%
- ABT
- 12.33%
- Median
- 3.57%
- Q1
- -17.96%
- Min
- -59.21%
MCK
Health Care Equipment & Services industry group
--
- Max
- 53.65%
- Q3
- 12.73%
- Median
- 3.57%
- Q1
- -17.96%
- Min
- -59.21%
- MCK
- --
Net Profit Margin (TTM)
Abbott Laboratories (ABT) at 13.91% retains a top-quartile share of revenue as profit, ahead of McKesson (MCK) at 1.18%, which keeps about the industry-typical share.
ABT
Health Care Equipment & Services industry group
13.91%
- Max
- 30.40%
- ABT
- 13.91%
- Q3
- 7.96%
- Median
- 1.27%
- Q1
- -9.77%
- Min
- -34.34%
MCK
Health Care Equipment & Services industry group
1.18%
- Max
- 30.40%
- Q3
- 7.96%
- Median
- 1.27%
- MCK
- 1.18%
- Q1
- -9.77%
- Min
- -34.34%
Operating Profit Margin (TTM)
Abbott Laboratories (ABT) at 13.47% operates in the top operating margin quartile, ahead of McKesson (MCK) at 2.21%, which runs around its industry’s norm.
ABT
Health Care Equipment & Services industry group
13.47%
- Max
- 35.33%
- ABT
- 13.47%
- Q3
- 11.89%
- Median
- 5.44%
- Q1
- -4.59%
- Min
- -25.61%
MCK
Health Care Equipment & Services industry group
2.21%
- Max
- 35.33%
- Q3
- 11.89%
- Median
- 5.44%
- MCK
- 2.21%
- Q1
- -4.59%
- Min
- -25.61%
Profitability at a Glance
| Metric | ABT | MCK |
|---|---|---|
| Return on Equity (TTM) | 12.33% | -- |
| Return on Assets (TTM) | 5.59% | 4.99% |
| Net Profit Margin (TTM) | 13.91% | 1.18% |
| Operating Profit Margin (TTM) | 13.47% | 2.21% |
| Gross Profit Margin (TTM) | 56.50% | 3.60% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Metric | ABT | MCK |
|---|---|---|
| 1-Year Revenue Growth | 5.67% | 12.36% |
| 3-Year Revenue CAGR | 0.51% | 13.39% |
EPS Growth
EPS Growth at a Glance
| Metric | ABT | MCK |
|---|---|---|
| 1-Year EPS Growth | -51.31% | 49.22% |
| 3-Year EPS CAGR | -1.65% | 15.31% |
Financial Strength
Current Ratio (MRQ)
Abbott Laboratories (ABT) at 1.39 keeps current ratio within its industry’s typical mid-range, while McKesson (MCK) at 0.85 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for MCK.
ABT
Health Care Equipment & Services industry group
1.39
- Max
- 7.79
- Q3
- 4.29
- Median
- 1.95
- ABT
- 1.39
- Q1
- 1.33
- Min
- 0.04
MCK
Health Care Equipment & Services industry group
0.85
- Max
- 7.79
- Q3
- 4.29
- Median
- 1.95
- Q1
- 1.33
- MCK
- 0.85
- Min
- 0.04
Debt-to-Equity Ratio (MRQ)
Only one side’s leverage can be read here: Abbott Laboratories (ABT) carries debt-to-equity ratio of 0.65 against its industry range, while McKesson (MCK) reports no figure this period.
ABT
Health Care Equipment & Services industry group
0.65
- Max
- 2.02
- Q3
- 1.01
- ABT
- 0.65
- Median
- 0.60
- Q1
- 0.16
- Min
- 0.00
MCK
Health Care Equipment & Services industry group
--
- Max
- 2.02
- Q3
- 1.01
- Median
- 0.60
- Q1
- 0.16
- Min
- 0.00
- MCK
- --
Financial Strength at a Glance
| Metric | ABT | MCK |
|---|---|---|
| Current Ratio (MRQ) | 1.39 | 0.85 |
| Debt-to-Equity Ratio (MRQ) | 0.65 | -- |
| Net Debt / EBITDA | 2.29 | 0.70 |
Dividends
Dividend Yield (TTM)
Both Abbott Laboratories (ABT) at 2.86% and McKesson (MCK) at 0.42% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
ABT
Health Care Equipment & Services industry group
2.86%
- ABT
- 2.86%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MCK
Health Care Equipment & Services industry group
0.42%
- MCK
- 0.42%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Abbott Laboratories (ABT) at 67.23% and McKesson (MCK) at 8.26% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.
ABT
Health Care Equipment & Services industry group
67.23%
- ABT
- 67.23%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MCK
Health Care Equipment & Services industry group
8.26%
- MCK
- 8.26%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividends at a Glance
| Metric | ABT | MCK |
|---|---|---|
| Dividend Yield (TTM) | 2.86% | 0.42% |
| Dividend Payout Ratio (TTM) | 67.23% | 8.26% |