BDX vs. MCK: Becton, Dickinson vs. McKesson Stock Comparison
How do Becton, Dickinson (BDX) and McKesson (MCK) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Becton, Dickinson (BDX) and McKesson (MCK) both fall under the Health Care Equipment & Services industry group, but BDX is classified in Health Care Equipment & Supplies while MCK is classified in Health Care Providers & Services.
| Profile Item | BDX | MCK |
|---|---|---|
| Name | Becton, Dickinson and Company | 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 | 57.71 billion USD | 122.48 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 21, 1973 | November 10, 1994 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BDX | MCK |
|---|---|---|
| Total Return (1Y) | 57.61% | 25.40% |
| Total Return (3Y, Annualized) | 7.79% | 32.67% |
| Total Return (5Y, Annualized) | 4.70% | 37.84% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BDX | MCK |
|---|---|---|
| Volatility (1Y, Annualized) | 26.68% | 31.71% |
| Beta (5Y) | 0.19 | 0.26 |
| Max Drawdown (5Y) | -40.06% | -27.17% |
| Avg. Volume (3M) | 1.77M | 822.69K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BDX | MCK |
|---|---|---|
| Sharpe Ratio (1Y) | 2.00 | 0.67 |
| Sortino Ratio (1Y) | 3.59 | 1.15 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Becton, Dickinson (BDX) earns 5.66% on shareholders’ equity, ranked against its industry; McKesson (MCK) has no ROE this period.
BDX
Health Care Equipment & Services industry group
5.66%
- Max
- 47.61%
- Q3
- 14.36%
- BDX
- 5.66%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
MCK
Health Care Equipment & Services industry group
--
- Max
- 47.61%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
- MCK
- --
Net Margin (TTM)
Both Becton, Dickinson (BDX) at 5.89% and McKesson (MCK) at 1.12% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
BDX
Health Care Equipment & Services industry group
5.89%
- Max
- 29.35%
- Q3
- 9.33%
- BDX
- 5.89%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
MCK
Health Care Equipment & Services industry group
1.12%
- Max
- 29.35%
- Q3
- 9.33%
- Median
- 2.18%
- MCK
- 1.12%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
Becton, Dickinson (BDX) at 21.63% operates in the top operating margin quartile, ahead of McKesson (MCK) at 1.48%, which runs around its industry’s norm.
BDX
Health Care Equipment & Services industry group
21.63%
- Max
- 35.43%
- BDX
- 21.63%
- Q3
- 14.14%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
MCK
Health Care Equipment & Services industry group
1.48%
- Max
- 35.43%
- Q3
- 14.14%
- Median
- 6.81%
- MCK
- 1.48%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | BDX | MCK |
|---|---|---|
| ROE (TTM) | 5.66% | -- |
| ROA (TTM) | 3.59% | 4.72% |
| Net Margin (TTM) | 5.89% | 1.12% |
| Operating Margin (TTM) | 21.63% | 1.48% |
| Gross Margin (TTM) | 47.02% | 3.65% |
Growth
Revenue Growth
Both Becton, Dickinson (BDX) at 8.24% and McKesson (MCK) at 12.36% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
McKesson (MCK) at 49.22% sits in the top EPS growth quartile, while Becton, Dickinson (BDX) at -1.86% is closer to the peer norm — faster per-share earnings growth for MCK.
Growth Metrics
| Metric | BDX | MCK |
|---|---|---|
| Revenue Growth (YoY) | 8.24% | 12.36% |
| Revenue Growth (3Y CAGR) | 4.99% | 13.39% |
| EPS Growth (YoY) | -1.86% | 49.22% |
| EPS Growth (3Y CAGR) | -0.34% | 15.31% |
Financial Strength
Current Ratio (MRQ)
Both Becton, Dickinson (BDX) at 0.87 and McKesson (MCK) at 0.90 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
BDX
Health Care Equipment & Services industry group
0.87
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- BDX
- 0.87
- Min
- 0.30
MCK
Health Care Equipment & Services industry group
0.90
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- MCK
- 0.90
- Min
- 0.30
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Becton, Dickinson (BDX) carries debt-to-equity ratio of 0.66 against its industry range, while McKesson (MCK) reports no figure this period.
BDX
Health Care Equipment & Services industry group
0.66
- Max
- 1.88
- Q3
- 0.91
- BDX
- 0.66
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
MCK
Health Care Equipment & Services industry group
--
- Max
- 1.88
- Q3
- 0.91
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
- MCK
- --
Financial Strength Metrics
| Metric | BDX | MCK |
|---|---|---|
| Current Ratio (MRQ) | 0.87 | 0.90 |
| Debt / Equity (MRQ) | 0.66 | -- |
| Net Debt / EBITDA | 2.95 | 0.64 |
Dividends
Dividend Yield (TTM)
Becton, Dickinson (BDX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile McKesson (MCK) reports a yield of 0.32%, ranking against industry peers normally.
BDX
Health Care Equipment & Services industry group
0.00%
- BDX
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MCK
Health Care Equipment & Services industry group
0.32%
- MCK
- 0.32%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Becton, Dickinson (BDX) at 72.49% and McKesson (MCK) at 8.77% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.
BDX
Health Care Equipment & Services industry group
72.49%
- BDX
- 72.49%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MCK
Health Care Equipment & Services industry group
8.77%
- MCK
- 8.77%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BDX | MCK |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.32% |
| Dividend Payout Ratio (TTM) | 72.49% | 8.77% |
Valuation
P/E Ratio (TTM)
Both Becton, Dickinson (BDX) at 41.87 and McKesson (MCK) at 27.36 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
BDX
Health Care Equipment & Services industry group
41.87
- Max
- 80.41
- Q3
- 47.62
- BDX
- 41.87
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
MCK
Health Care Equipment & Services industry group
27.36
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- MCK
- 27.36
- Q1
- 21.19
- Min
- 4.21
P/S Ratio (TTM)
McKesson (MCK) at 0.29 sits in the cheaper P/S ratio quartile while Becton, Dickinson (BDX) at 2.97 prices around its industry’s middle — MCK costs less per dollar of sales, though read it alongside growth and margins.
BDX
Health Care Equipment & Services industry group
2.97
- Max
- 8.80
- Q3
- 4.32
- BDX
- 2.97
- Median
- 2.13
- Q1
- 1.10
- Min
- 0.03
MCK
Health Care Equipment & Services industry group
0.29
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- MCK
- 0.29
- Min
- 0.03
P/B Ratio (MRQ)
McKesson (MCK) reports a negative P/B ratio of -30.85, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Becton, Dickinson (BDX) reports 2.34, ranking against industry peers normally.
BDX
Health Care Equipment & Services industry group
2.34
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- BDX
- 2.34
- Q1
- 1.73
- Min
- -1.31
MCK
Health Care Equipment & Services industry group
-30.85
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
- MCK
- -30.85
Valuation Metrics
| Metric | BDX | MCK |
|---|---|---|
| P/E Ratio (TTM) | 41.87 | 27.36 |
| P/S Ratio (TTM) | 2.97 | 0.29 |
| P/B Ratio (MRQ) | 2.34 | -30.85 |
| Free Cash Flow Yield (TTM) | 7.18% | 6.04% |