PCAR vs. MCK

Last updated Apr 2, 2026

Compare and contrast key facts about PACCAR Inc (PCAR) and McKesson Corporation (MCK).

Performance

PCAR vs. MCK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PACCAR Inc (PCAR) and McKesson Corporation (MCK). The values are adjusted to include any dividend payments, if applicable.

PCAR vs. MCK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PCAR PACCAR Inc	7.71%	8.03%	10.81%	55.01%	17.00%	5.63%	11.74%	45.05%	-15.32%	14.82%
MCK McKesson Corporation	6.43%	44.54%	23.67%	24.13%	51.82%	44.23%	27.06%	26.72%	-28.40%	11.95%

Fundamentals

Market Cap PCAR : $61.98B MCK : $107.91B
EPS PCAR : $4.51 MCK : $34.85
PE Ratio PCAR : 26.09 MCK : 25.03
PEG Ratio PCAR : 1.72 MCK : 0.34
PS Ratio PCAR : 2.36 MCK : 0.27
Total Revenue (TTM) PCAR : $26.24B MCK : $397.96B
Gross Profit (TTM) PCAR : $3.50B MCK : $13.43B
EBITDA (TTM) PCAR : $3.47B MCK : $6.06B

Returns By Period

In the year-to-date period, PCAR achieves a 7.71% return, which is significantly higher than MCK's 6.43% return. Over the past 10 years, PCAR has underperformed MCK with an annualized return of 16.71%, while MCK has yielded a comparatively higher 19.59% annualized return.

PCAR

• 1D: 1.86%
• 1M: -5.45%
• YTD: 7.71%
• 6M: 22.67%
• 1Y: 22.77%
• 3Y*: 21.54%
• 5Y*: 18.21%
• 10Y*: 16.71%

MCK

• 1D: 0.80%
• 1M: -11.97%
• YTD: 6.43%
• 6M: 14.22%
• 1Y: 30.00%
• 3Y*: 35.44%
• 5Y*: 35.90%
• 10Y*: 19.59%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

PCAR vs. MCK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PCAR

PCAR Risk / Return Rank: 68
PCAR Sharpe Ratio Rank: 68
PCAR Sortino Ratio Rank: 66
PCAR Omega Ratio Rank: 60
PCAR Calmar Ratio Rank: 73
PCAR Martin Ratio Rank: 74

MCK

MCK Risk / Return Rank: 75
MCK Sharpe Ratio Rank: 75
MCK Sortino Ratio Rank: 72
MCK Omega Ratio Rank: 71
MCK Calmar Ratio Rank: 79
MCK Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PCAR vs. MCK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PACCAR Inc (PCAR) and McKesson Corporation (MCK). 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.

	PCAR	MCK	Difference
Sharpe ratio Return per unit of total volatility	0.80	1.04	-0.23
Sortino ratio Return per unit of downside risk	1.45	1.74	-0.29
Omega ratio Gain probability vs. loss probability	1.16	1.23	-0.07
Calmar ratio Return relative to maximum drawdown	1.70	2.21	-0.51
Martin ratio Return relative to average drawdown	4.39	5.79	-1.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PCAR vs. MCK - Sharpe Ratio Comparison

The current PCAR Sharpe Ratio is 0.80, which is comparable to the MCK Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of PCAR and MCK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PCAR	MCK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.80	1.04	-0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	1.49	-0.78
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.68	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.46	-0.01

Correlation

The correlation between PCAR and MCK is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PCAR vs. MCK - Dividend Comparison

PCAR's dividend yield for the trailing twelve months is around 2.31%, more than MCK's 0.36% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PCAR PACCAR Inc	2.31%	2.48%	4.01%	4.34%	4.23%	3.22%	2.29%	4.53%	5.41%	3.08%	2.44%	4.89%
MCK McKesson Corporation	0.36%	0.37%	0.47%	0.50%	0.54%	0.72%	0.95%	1.16%	1.32%	0.80%	0.80%	0.53%

Drawdowns

PCAR vs. MCK - Drawdown Comparison

The maximum PCAR drawdown since its inception was -66.16%, smaller than the maximum MCK drawdown of -82.84%. Use the drawdown chart below to compare losses from any high point for PCAR and MCK.

Drawdown Indicators

	PCAR	MCK	Difference
Max Drawdown Largest peak-to-trough decline	-66.16%	-82.84%	+16.68%
Max Drawdown (1Y) Largest decline over 1 year	-14.07%	-13.61%	-0.46%
Max Drawdown (5Y) Largest decline over 5 years	-27.75%	-23.91%	-3.84%
Max Drawdown (10Y) Largest decline over 10 years	-37.84%	-44.23%	+6.39%
Current Drawdown Current decline from peak	-9.14%	-12.39%	+3.25%
Average Drawdown Average peak-to-trough decline	-14.44%	-28.70%	+14.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.45%	5.21%	+0.24%

Volatility

PCAR vs. MCK - Volatility Comparison

PACCAR Inc (PCAR) and McKesson Corporation (MCK) have volatilities of 7.41% and 7.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PCAR	MCK	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.41%	7.23%	+0.18%
Volatility (6M) Calculated over the trailing 6-month period	17.89%	21.84%	-3.95%
Volatility (1Y) Calculated over the trailing 1-year period	28.52%	29.06%	-0.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.46%	24.14%	+1.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.15%	28.87%	-2.72%

Financials

PCAR vs. MCK - Profitability Comparison

The chart below illustrates the profitability comparison between PACCAR Inc and McKesson Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

PCAR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, PACCAR Inc reported a gross profit of -175.80M and revenue of 4.61B. Therefore, the gross margin over that period was -3.8%.

MCK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, McKesson Corporation reported a gross profit of 3.69B and revenue of 106.16B. Therefore, the gross margin over that period was 3.5%.

PCAR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, PACCAR Inc reported an operating income of 116.70M and revenue of 4.61B, resulting in an operating margin of 2.5%.

MCK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, McKesson Corporation reported an operating income of 1.62B and revenue of 106.16B, resulting in an operating margin of 1.5%.

PCAR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, PACCAR Inc reported a net income of 556.90M and revenue of 4.61B, resulting in a net margin of 12.1%.

MCK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, McKesson Corporation reported a net income of 1.19B and revenue of 106.16B, resulting in a net margin of 1.1%.