MCK vs. PCAR
MCK (McKesson Corporation) and PCAR (PACCAR Inc) are both stocks. MCK operates in Medical Distribution (Healthcare), while PCAR operates in Farm & Heavy Construction Machinery (Industrials). Over the past 10 years, MCK returned 16.92%/yr vs 17.35%/yr for PCAR. Their 0.29 correlation means their historical movements had little consistent relationship.
Performance
MCK vs. PCAR - Performance Comparison
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Returns By Period
In the year-to-date period, MCK achieves a 4.58% return, which is significantly lower than PCAR's 21.85% return. Both investments have delivered pretty close results over the past 10 years, with MCK having a 16.92% annualized return and PCAR not far ahead at 17.35%.
MCK
- 1D
- -1.08%
- 1M
- 8.89%
- 6M
- 3.20%
- YTD
- 4.58%
- 1Y
- 23.02%
- 3Y*
- 28.93%
- 5Y*
- 33.97%
- 10Y*
- 16.92%
- ALL TIME*
- 14.34%
PCAR
- 1D
- -0.81%
- 1M
- 11.03%
- 6M
- 8.57%
- YTD
- 21.85%
- 1Y
- 41.00%
- 3Y*
- 19.68%
- 5Y*
- 23.60%
- 10Y*
- 17.35%
- ALL TIME*
- 15.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $753.55M | $770.00M | $919.20M | |
PCAR PACCAR Inc | $555.57M | $454.25M | $387.99M |
MCK vs. PCAR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MCK McKesson Corporation | 4.58% | 44.54% | 23.67% | 24.13% | 51.82% | 44.23% | 27.06% | 26.72% | -28.40% | 11.95% |
PCAR PACCAR Inc | 21.85% | 8.03% | 10.81% | 55.01% | 17.00% | 5.63% | 11.74% | 45.05% | -15.32% | 14.82% |
Correlation
The correlation between MCK and PCAR is 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.08 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.16 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Nov 15, 1994 | 0.29 |
Over the past year, the correlation between MCK and PCAR has dropped to 0.08 - well below their long-term average of 0.29, suggesting their price drivers have been diverging.
Fundamentals
MCK:
$100.24B
PCAR:
$69.83B
MCK:
$38.53
PCAR:
$4.75
MCK:
22.22
PCAR:
27.93
MCK:
0.30
PCAR:
1.84
MCK:
0.26
PCAR:
2.56
MCK:
$403.43B
PCAR:
$27.27B
MCK:
$14.55B
PCAR:
$4.05B
MCK:
$6.91B
PCAR:
$3.56B
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Return for Risk
MCK vs. PCAR — Risk / Return Rank
MCK
PCAR
MCK vs. PCAR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for McKesson Corporation (MCK) and PACCAR Inc (PCAR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MCK | PCAR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.24 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.89 | 2.48 | -1.59 |
| Martin ratioReturn relative to average drawdown | 1.94 | 6.05 | -4.11 |
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Drawdowns
MCK vs. PCAR - Drawdown Comparison
The maximum MCK drawdown since its inception was -82.84%, which is greater than PCAR's maximum drawdown of -66.16%. Use the drawdown chart below to compare losses from any high point for MCK and PCAR.
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Drawdown Indicators
| MCK | PCAR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.84% | -66.16% | -16.68% |
Max Drawdown (1Y)Largest decline over 1 year | -27.17% | -15.29% | -11.88% |
Max Drawdown (3Y)Largest decline over 3 years | -27.17% | -27.75% | +0.58% |
Max Drawdown (5Y)Largest decline over 5 years | -27.17% | -27.75% | +0.58% |
Max Drawdown (10Y)Largest decline over 10 years | -43.71% | -37.84% | -5.87% |
Current DrawdownCurrent decline from peak | -13.92% | -4.00% | -9.92% |
Average DrawdownAverage peak-to-trough decline | -28.60% | -14.38% | -14.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.38% | 6.26% | +6.12% |
Volatility
MCK vs. PCAR - Volatility Comparison
McKesson Corporation (MCK) has a higher volatility of 10.05% compared to PACCAR Inc (PCAR) at 9.37%. This indicates that MCK's price experiences larger fluctuations and is considered to be riskier than PCAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MCK | PCAR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.05% | 9.37% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 25.08% | 20.92% | +4.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.76% | 27.67% | +3.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.58% | 26.15% | -1.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.94% | 26.18% | +2.76% |
Dividends
MCK vs. PCAR - Dividend Comparison
MCK's dividend yield for the trailing twelve months is around 0.38%, less than PCAR's 2.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCK McKesson Corporation | 0.38% | 0.37% | 0.47% | 0.50% | 0.54% | 0.72% | 0.95% | 1.16% | 1.32% | 0.80% | 0.80% | 0.53% |
PCAR PACCAR Inc | 2.07% | 2.48% | 4.01% | 4.34% | 4.23% | 3.22% | 2.29% | 4.53% | 5.41% | 3.08% | 2.44% | 4.89% |
Financials
MCK vs. PCAR - Financials Comparison
This section allows you to compare key financial metrics between McKesson Corporation and PACCAR Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
MCK vs. PCAR - Profitability Comparison
MCK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, McKesson Corporation reported a gross profit of 4.04B and revenue of 96.30B. Therefore, the gross margin over that period was 4.2%.
PCAR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, PACCAR Inc reported a gross profit of 1.21B and revenue of 7.55B. Therefore, the gross margin over that period was 16.1%.
MCK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, McKesson Corporation reported an operating income of 2.09B and revenue of 96.30B, resulting in an operating margin of 2.2%.
PCAR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, PACCAR Inc reported an operating income of 879.20M and revenue of 7.55B, resulting in an operating margin of 11.7%.
MCK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, McKesson Corporation reported a net income of 1.68B and revenue of 96.30B, resulting in a net margin of 1.8%.
PCAR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, PACCAR Inc reported a net income of 752.00M and revenue of 7.55B, resulting in a net margin of 10.0%.
Frequently Asked Questions
MCK and PCAR have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MCK has higher volatility (10.05%) compared to PCAR (9.37%). In terms of maximum drawdown, MCK dropped -82.84% vs PCAR's -66.16%.
PCAR currently has the higher Sharpe Ratio (1.37 vs 0.79), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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