Seek Returns

MCK vs. STE: McKesson vs. STERIS Stock Comparison

How do McKesson (MCK) and STERIS (STE) 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

McKesson (MCK) and STERIS (STE) both fall under the Health Care Equipment & Services industry group, but MCK is classified in Health Care Providers & Services while STE is classified in Health Care Equipment & Supplies.

Company profile comparison for McKesson (MCK) and STERIS (STE)
Profile ItemMCKSTE
NameMcKesson CorporationSTERIS plc
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Providers & ServicesHealth Care Equipment & Supplies
GICS Sub-IndustryHealth Care DistributorsHealth Care Equipment
Market Capitalization122.48 billion USD24.50 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateNovember 10, 1994June 1, 1992
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

MCK
STE
GSPC
Loading price history…
McKesson (MCK) vs. STERIS (STE), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for McKesson (MCK) and STERIS (STE). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for McKesson (MCK) and STERIS (STE). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for McKesson (MCK) and STERIS (STE)
MetricMCKSTE
Total Return (1Y)25.40%-1.85%
Total Return (3Y, Annualized)32.67%9.57%
Total Return (5Y, Annualized)37.84%3.26%

Risk Profile

Drawdown History

MCK
STE
GSPC
Loading price history…
McKesson (MCK) vs. STERIS (STE), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for McKesson (MCK) and STERIS (STE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for McKesson (MCK) and STERIS (STE)
MetricMCKSTE
Volatility (1Y, Annualized)31.71%26.39%
Beta (5Y)0.260.81
Max Drawdown (5Y)-27.17%-36.18%
Avg. Volume (3M)822.69K694.02K

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
MCK and STE are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for McKesson (MCK) and STERIS (STE)
MetricMCKSTE
Sharpe Ratio (1Y)0.67-0.23
Sortino Ratio (1Y)1.15-0.34

Profitability

ROE (TTM)

Capital efficiency shows on one side only: STERIS (STE) earns 11.61% on shareholders’ equity, ranked against its industry; McKesson (MCK) has no ROE this period.

MCK

Health Care Equipment & Services industry group

--

Max
47.61%
Q3
14.36%
Median
5.45%
Q1
-10.67%
Min
-47.01%
MCK
--

STE

Health Care Equipment & Services industry group

11.61%

Max
47.61%
Q3
14.36%
STE
11.61%
Median
5.45%
Q1
-10.67%
Min
-47.01%
Loading chart…
McKesson (MCK) vs. STERIS (STE): MCK does not report ROE, so it has no value marker; STE is benchmarked against the Health Care Equipment & Services industry group.

Net Margin (TTM)

STERIS (STE) at 13.41% retains a top-quartile share of revenue as profit, ahead of McKesson (MCK) at 1.12%, which keeps about the industry-typical share.

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%

STE

Health Care Equipment & Services industry group

13.41%

Max
29.35%
STE
13.41%
Q3
9.33%
Median
2.18%
Q1
-6.29%
Min
-28.46%
Loading chart…
McKesson (MCK) vs. STERIS (STE): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

STERIS (STE) at 19.18% operates in the top operating margin quartile, ahead of McKesson (MCK) at 1.48%, which runs around its industry’s norm.

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%

STE

Health Care Equipment & Services industry group

19.18%

Max
35.43%
STE
19.18%
Q3
14.14%
Median
6.81%
Q1
-0.28%
Min
-16.29%
Loading chart…
McKesson (MCK) vs. STERIS (STE): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for McKesson (MCK) and STERIS (STE)
MetricMCKSTE
ROE (TTM)--11.61%
ROA (TTM)4.72%7.00%
Net Margin (TTM)1.12%13.41%
Operating Margin (TTM)1.48%19.18%
Gross Margin (TTM)3.65%44.30%

Growth

Revenue Growth

Both McKesson (MCK) at 12.36% and STERIS (STE) at 8.73% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Loading chart…
McKesson (MCK) vs. STERIS (STE): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both McKesson (MCK) at 49.22% and STERIS (STE) at 27.90% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.

Loading chart…
McKesson (MCK) vs. STERIS (STE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for McKesson (MCK) and STERIS (STE)
MetricMCKSTE
Revenue Growth (YoY)12.36%8.73%
Revenue Growth (3Y CAGR)13.39%9.38%
EPS Growth (YoY)49.22%27.90%
EPS Growth (3Y CAGR)15.31%94.97%

Financial Strength

Current Ratio (MRQ)

STERIS (STE) at 2.05 keeps current ratio within its industry’s typical mid-range, while McKesson (MCK) at 0.90 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for MCK.

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

STE

Health Care Equipment & Services industry group

2.05

Max
7.59
Q3
4.00
STE
2.05
Median
1.98
Q1
1.37
Min
0.30
Loading chart…
McKesson (MCK) vs. STERIS (STE): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: STERIS (STE) carries debt-to-equity ratio of 0.28 against its industry range, while McKesson (MCK) reports no figure this period.

MCK

Health Care Equipment & Services industry group

--

Max
1.88
Q3
0.91
Median
0.58
Q1
0.16
Min
0.00
MCK
--

STE

Health Care Equipment & Services industry group

0.28

Max
1.88
Q3
0.91
Median
0.58
STE
0.28
Q1
0.16
Min
0.00
Loading chart…
McKesson (MCK) vs. STERIS (STE): MCK does not report debt-to-equity ratio, so it has no value marker; STE is benchmarked against the Health Care Equipment & Services industry group.

Financial Strength Metrics

Financial strength metrics for McKesson (MCK) and STERIS (STE)
MetricMCKSTE
Current Ratio (MRQ)0.902.05
Debt / Equity (MRQ)--0.28
Net Debt / EBITDA0.640.91

Dividends

Dividend Yield (TTM)

Both McKesson (MCK) at 0.32% and STERIS (STE) at 1.02% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.

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%

STE

Health Care Equipment & Services industry group

1.02%

STE
1.02%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
McKesson (MCK) vs. STERIS (STE): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both McKesson (MCK) at 8.77% and STERIS (STE) at 30.61% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.

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%

STE

Health Care Equipment & Services industry group

30.61%

STE
30.61%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
McKesson (MCK) vs. STERIS (STE): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for McKesson (MCK) and STERIS (STE)
MetricMCKSTE
Dividend Yield (TTM)0.32%1.02%
Dividend Payout Ratio (TTM)8.77%30.61%

Valuation

P/E Ratio (TTM)

Both McKesson (MCK) at 27.36 and STERIS (STE) at 29.93 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

STE

Health Care Equipment & Services industry group

29.93

Max
80.41
Q3
47.62
STE
29.93
Median
29.93
Q1
21.19
Min
4.21
Loading chart…
McKesson (MCK) vs. STERIS (STE): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

McKesson (MCK) at 0.29 sits in the cheaper P/S ratio quartile while STERIS (STE) at 3.97 prices around its industry’s middle — MCK costs less per dollar of sales, though read it alongside growth and margins.

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

STE

Health Care Equipment & Services industry group

3.97

Max
8.80
Q3
4.32
STE
3.97
Median
2.13
Q1
1.10
Min
0.03
Loading chart…
McKesson (MCK) vs. STERIS (STE): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

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 STERIS (STE) reports 3.38, ranking against industry peers normally.

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

STE

Health Care Equipment & Services industry group

3.38

Max
11.68
Q3
6.12
STE
3.38
Median
3.00
Q1
1.73
Min
-1.31
Loading chart…
McKesson (MCK) vs. STERIS (STE): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for McKesson (MCK) and STERIS (STE)
MetricMCKSTE
P/E Ratio (TTM)27.3629.93
P/S Ratio (TTM)0.293.97
P/B Ratio (MRQ)-30.853.38
Free Cash Flow Yield (TTM)6.04%3.36%