The following year McCarthy enjoyed his final successes with the St. Finbarr's hurling team. A 1–17 to 1–5 trouncing of north side rivals gave him his fourth and final hurling championship medal. A comfortable 2–8 to 0–6 defeat of Sixmilebridge in a replay after a nerve-wracking draw, gave McCarthy his third Munster medal. He later lined out in the All-Ireland club final with Rathnure, the Wexford and Leinster champions, providing the opposition. The first half was a disaster for St. Finbarr's as a gale-force wind resulted in the Cork side trailing by 0–8 to 0–1. The second thirty minutes saw "the Barr's" take control with Jimmy Barry-Murphy scoring the deciding goal. A 2–7 to 0–9 victory gave McCarthy a second All-Ireland medal.