McKesson Corporation logo MCK - McKesson Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 1
BUY 24
HOLD 6
SELL 0
STRONG
SELL 0
| PRICE TARGET: $994.86 DETAILS
HIGH: $1,085.00
LOW: $875.00
MEDIAN: $970.00
CONSENSUS: $994.86
UPSIDE: 29.86%
Annual Quarterly
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Revenue
Revenue 403,430 359,051 308,951 276,711 263,966 238,228 231,051 214,319 208,357 198,533 190,884 179,045 137,609 122,455 122,734 112,084 108,702 106,632 101,703 92,977 88,050 80,514.6 69,506.1 57,120.8 50,006 42,010 36,734.2 30,382.3 20,857.3 12,886.7 13,716.4 13,189.1
Cost of Revenue 388,880 346,566 296,749 264,842 251,317 226,646 219,651 203,557 197,965 187,845 179,941 168,116 129,571 115,704 116,307 106,093 103,021 101,249 96,703 88,640 83,206 76,670 66,257.9 54,018.3 47,209.1 39,579 34,210.5 27,517.4 19,248.8 11,777.6 12,498.1 12,025.4
Gross Profit 14,550 12,485 12,202 11,869 12,649 11,582 11,400 10,762 10,392 10,688 10,943 10,929 8,038 6,751 6,427 5,991 5,681 5,383 5,000 4,337 3,777 3,450 3,248.2 3,102.5 2,796.9 2,431 2,523.7 2,864.9 1,608.5 1,109.1 1,218.3 1,163.7
Operating Expenses
R&D Expenses 103 91 77 89 70 74 96 71 125 341 392 392 456 480 440 407 376 364 347 284 223 182 172.7 149.4 135.1 147.5 112.6 114.7 0 0 0 0
SG&A Expenses (8,096) 8,022 8,198 7,327 9,856 7,998 8,292 7,613 7,346 6,990 6,700 7,006 4,932 3,851 3,607 3,486 3,295 3,297 3,175 2,769 2,383 2,263 2,092.1 2,023.2 1,946.2 2,075.5 2,051.6 2,218.7 1,159.1 944.5 872.9 1,124
Other Expenses 16,089 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22 111.6 201.3 199.3 87.2 71.8 71.3 69.8
Operating Expenses 8,096 8,113 8,275 7,416 9,926 8,072 8,388 7,684 7,471 7,331 7,092 7,398 5,388 4,331 4,047 3,893 3,671 3,661 3,522 3,053 2,606 2,445 2,264.8 2,172.6 2,103.3 2,334.6 2,365.5 2,532.7 1,246.3 1,016.3 944.2 1,193.8
Operating Income
Operating Income 6,454 4,372 3,927 4,453 2,723 3,510 3,012 3,078 2,921 3,357 3,851 3,531 2,650 2,420 2,380 2,098 2,010 1,722 1,478 1,284 1,171 1,005 983.4 929.9 693.6 96.4 158.2 332.2 362.2 92.8 274.1 (30.1)
Interest Expense 247 256 243 248 178 217 249 264 283 308 353 374 257 229 251 197 187 144 142 99 94 118 0 0 0 0 0 0 0 0 0 0
Interest Income 179 173 118 107 10 12 49 39 48 29 18 20 23 22 19 18 16 31 89 103 105 41 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 7,183 5,251 4,667 5,735 3,107 (3,596) 2,315 1,823 1,473 8,109 4,488 4,048 3,057 2,739 2,721 2,328 2,525 1,649 1,970 1,691 1,527 122 1,208 929.9 905 450.3 332.1 531.5 449.4 164.6 345.4 50.1
EBIT 6,454 4,615 4,032 4,878 2,106 (4,817) 1,393 874 522 7,199 3,603 3,031 2,353 2,148 2,170 1,832 2,051 1,208 1,599 1,396 1,265 (127) 978 929.9 698.5 204.9 109.5 110.4 562.5 232.2 241.3 (9)
Income Before Tax 6,201 4,359 3,789 4,630 1,928 (5,034) 1,144 610 239 6,891 3,250 2,657 2,096 1,919 1,919 1,635 1,864 1,064 1,457 1,297 1,171 (245) 911.4 855.4 601.2 9.6 306.9 202 253.5 36.4 224.1 (81.7)
Income Tax Expense 1,102 878 629 905 636 (695) 18 356 (53) 1,614 908 815 742 581 516 505 601 241 468 329 421 (83.1) 264.9 293.3 182.6 52.3 122.3 117.1 98.6 31.3 88.7 111.5
Net Income 4,762 3,295 3,002 3,560 1,114 (4,539) 900 34 67 5,183 2,258 1,476 1,263 1,338 1,403 1,130 1,263 823 990 963 738 (157) 646.5 555.4 418.6 (48.3) 723.7 84.9 154.9 133.9 135.4 404.5
Per Share Data
EPS (Basic) 38.55 25.86 22.54 25.23 7.31 -27.02 4.97 0.17 0.32 22.95 9.82 6.37 5.51 5.71 5.70 4.65 4.70 2.99 3.40 3.06 2.46 -0.53 2.23 1.92 1.47 -0.17 2.57 0.31 1.66 0.83 1.53 4.60
EPS (Diluted) 38.38 25.72 22.39 25.04 7.23 -27.02 4.95 0.17 0.32 22.73 9.70 6.27 5.41 5.59 5.59 4.57 4.62 2.95 3.32 2.99 2.38 -0.53 2.19 1.88 1.43 -0.17 2.55 0.31 1.62 0.80 1.45 4.43
Shares Outstanding 123.6 127.4 133.2 141.1 152.3 160.6 181 196.3 208 221 230 232 229 235 246 258 269 275 291 298 306 294 290 289.3 285.2 283.1 281.3 275.2 93.4 83.7 88.5 87.9
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Current Assets
Cash & Cash Equivalents 3,975 5,691 4,583 4,678 3,532 6,278 4,015 2,981 2,672 2,783 4,048 2,109 1,362 708 522 557.9 433.7 548.9 240.8 35.7 124.8 281.8 385.4
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 9.8 11.5 5.1 11.9 57 0 0 0 0 0
Net Receivables 27,985 25,643 21,622 19,410 18,583 19,181 19,950 18,246 17,711 18,215 17,980 7,774 7,213 5,418.8 4,594.7 3,998.1 3,443.4 3,034.5 2,552 1,380.4 1,224.5 781.4 651.7
Inventory 24,207 23,001 21,139 19,691 18,702 19,246 16,734 16,709 16,310 15,278 15,335 8,527 9,000 6,735.1 6,022.5 6,011.5 5,116.4 4,149.3 3,529 2,583.5 2,259.5 1,379.1 1,467.5
Other Current Assets 1,043 1,063 626 513 4,516 12 906 0 0 0 0 0 0 0 0 0 0 175.8 116.4 222.1 152.3 212.4 367.5
Total Current Assets 57,210 55,398 47,970 44,292 46,231 45,382 42,222 38,465 37,136 36,948 38,437 18,671 17,786 13,004.2 11,253.6 10,698.7 9,164 7,965.5 6,499.5 4,105.6 3,761.1 2,665 2,699.4
Non-Current Assets
Property, Plant & Equipment 4,726 4,284 4,045 3,812 3,640 4,681 4,251 2,548 2,464 2,292 2,278 796 775 599.9 593.7 594.7 595.3 555.4 694 430.3 373.6 379.8 366.3
Goodwill 11,316 10,022 10,132 9,947 9,451 9,493 9,360 9,358 10,924 10,586 9,786 3,528 3,345 0 0 0 0 0 0 0 0 0 0
Intangible Assets 4,079 1,464 2,110 2,277 2,059 2,878 3,156 3,689 4,102 3,665 3,021 882 860 1,490.2 1,449.5 1,115.7 1,064.4 1,185.6 1,228.4 752.4 736.2 223.4 214.3
Long-Term Investments 267 0 348 312 0 72 170 3,513 3,728 4,063 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 4,725 3,972 2,838 1,992 1,917 2,581 2,258 2,099 2,027 3,415 3,041 1,390 1,837 1,145.9 1,056.6 914.9 706.2 666.4 659.7 319.2 301.9 235.7 199.2
Total Non-Current Assets 25,113 19,742 19,473 18,028 17,067 19,633 19,025 21,207 23,245 24,021 18,126 6,596 6,817 3,236 3,099.8 2,625.3 2,365.9 2,407.4 2,582.1 1,501.9 1,411.7 838.9 779.8
Total Assets 82,323 75,140 67,443 62,320 63,298 65,015 61,247 59,672 60,381 60,969 56,563 25,267 24,603 16,240.2 14,353.4 13,324 11,529.9 10,372.9 9,081.6 5,607.5 5,172.8 3,503.9 3,479.2
Current Liabilities
Account Payables 59,973 55,330 47,097 42,490 38,086 38,975 37,195 33,853 32,177 31,022 28,585 11,739 12,032 7,362.1 6,630.7 6,318.3 5,361.9 3,678.3 3,131.7 1,919.7 1,854.7 1,149.2 1,069.7
Short-Term Debt 1,554 1,191 50 968 799 742 1,052 330 1,129 1,240 1,617 219 2 274.8 10.2 141.3 194.1 16.2 212 399.3 371 221.7 199.2
Deferred Revenue 0 0 0 0 0 0 0 0 63 346 919 1,145 1,210 503.2 459.7 404.1 378.5 0 0 0 0 0 0
Other Current Liabilities 5,490 0 0 0 4,741 9 683 0 (63) 0 0 0 0 1,276.2 874.6 724.6 615.2 1,427.3 1,401.1 808 411.5 271.6 316.3
Total Current Liabilities 67,017 61,604 52,357 47,957 48,466 44,103 42,624 37,626 36,685 35,612 35,071 15,606 15,348 9,456.1 7,974.4 7,588 6,549.7 5,121.8 4,800.1 2,577.8 2,637.2 1,722.6 1,738.2
Non-Current Liabilities
Long-Term Debt 5,107 4,463 5,579 4,626 5,080 6,406 6,335 7,265 6,751 7,305 6,497 2,290 1,795 1,209.8 1,496.9 1,288.7 1,035.6 1,243.8 939.2 1,223.6 824.9 370.6 453
Deferred Tax Liabilities 1,330 1,029 917 1,387 1,418 1,411 2,255 2,998 2,804 3,678 2,734 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 7,750 8,260 8,723 8,438 8,760 9,782 1,662 2,103 2,625 1,774 1,809 1,178 1,339 448.8 363.5 312.7 255.8 245.7 258.6 242 255.1 282.5 208.5
Total Non-Current Liabilities 16,140 15,230 16,685 15,853 16,624 19,466 11,912 12,366 12,180 12,757 11,078 3,468 3,134 1,618.8 1,654.2 1,599.8 1,291.4 1,489.5 1,204.1 1,427.5 1,080 659.5 667.6
Total Liabilities 83,157 76,834 69,042 63,810 65,090 63,569 54,536 49,992 48,865 48,369 46,149 19,074 18,482 11,074.9 9,628.6 9,187.8 7,841.1 6,611.3 6,004.2 4,005.3 3,717.2 2,382.1 2,405.8
Stockholders' Equity
Common Stock 3 3 3 3 2 2 2 3 3 3 3 4 4 2.9 2.9 2.9 2.9 2.8 0 0 0 0 0
Retained Earnings 22,291 17,921 14,978 12,295 9,030 8,202 13,022 12,409 12,986 13,189 8,360 6,103 5,586 3,420.6 2,843.3 2,357.2 2,006.6 2,122.3 1,465 1,173.2 1,062.6 968.9 875.9
Accumulated Other Comprehensive Income (1,453) (932) (881) (905) (1,534) (1,480) (1,703) (1,849) (1,717) (2,141) (1,561) (179) 139 (111.3) (210.3) (251) (272.4) (323.1) (681) (440) (405.7) (419.8) (396.8)
Total Stockholders' Equity (2,172) (2,074) (1,971) (1,857) (2,272) (21) 5,092 8,094 9,804 11,095 8,924 6,193 6,121 5,165.3 4,528.5 3,940.1 3,492.9 3,565.8 2,881.8 1,406.8 1,260.8 1,064.6 1,013.5
Total Liabilities & Equity 82,323 75,140 67,443 62,320 63,298 65,015 61,247 59,672 60,381 60,969 56,563 25,267 24,603 16,240.2 14,353.4 13,324 11,529.9 10,372.9 9,081.6 5,607.5 5,172.8 3,503.9 3,479.2
Debt Metrics
Total Debt 8,614 7,390 7,390 7,295 7,542 9,405 9,401 7,595 7,880 8,545 8,154 2,509 1,797 2,038.1 1,300.9 1,429.6 1,229.7 1,260 1,583 1,204.2 985.2 477.4 498.3
Net Debt 4,639 1,699 2,807 2,617 4,010 3,127 5,386 4,614 5,208 5,762 4,106 400 435 1,330.1 778.9 871.7 796 711.1 1,342.2 1,168.5 860.4 195.6 112.9
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Operating Activities
Net Income 4,762 3,481 3,160 3,722 1,287 (4,340) 1,120 33 297 5,153 2,310 (156.7) 646.5 562.1 418.6 (42.7) 207.8 84.9 154.9 133.9 135.4 404.5
Depreciation & Amortization 729 636 635 608 760 887 922 949 951 910 885 250.9 232.1 203.7 207.5 246.1 201.3 199.3 87.2 71.8 71.3 69.8
Stock-Based Compensation 0 0 0 162 161 0 0 0 69 115 123 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 162 1,155 (64) 384 82 7,675 689 614 1,516 1,687 (104) 468.9 (413.1) (274.4) (505.3) (356.9) (1,035.3) (338.3) (256.3) 3.3 (244.5) 60
Other Non-Cash Items 272 923 1,186 303 2,110 1,228 1,985 2,251 2,380 (4,003) 394 98.9 28.4 0.4 47.6 295.1 103.9 314.2 (76.6) (128.8) (18.6) 220.9
Operating Cash Flow 6,155 6,085 4,314 5,159 4,434 4,542 4,374 4,036 4,345 4,744 3,672 1,538.4 563.4 695.5 329.3 353.1 (416) 317.1 2.2 238.1 2.5 195.1
Investing Activities
Capital Expenditure (436) (859) (687) (558) (535) (641) (506) (557) (580) (562) (677) (139.9) (115) (116) (131.8) (158.9) (145.1) (553.4) (232.4) (1,286.4) (110.8) (82.3)
Acquisitions (2,586) 155 (225) 210 572 365 (133) (804) (2,393) (2,803) 170 (108.9) (49.4) (385.8) (73.1) (51.9) (128.9) 32.2 10.2 304.3 42.8 572.9
Purchases of Investments 0 0 0 0 (446) (391) (70) (146) (6) (506) (399) 0 0 0 0 11.6 (161.1) (27.9) (1.3) (103.1) (130.6) (324)
Sales/Maturities of Investments 0 0 0 866 446 391 70 15 (169) 0 210 0 0 0 0 13.9 162.8 117.9 32.7 198.2 244.8 19.9
Other Investing Activities (101) (351) (416) (1,060) (126) (139) 60 111 1,626 (431) (861) (106.5) (103.5) (74.3) (181.9) (157.5) 927.1 (222.7) (94.4) (77.2) (50.2) (22.3)
Investing Cash Flow (3,432) (733) (1,072) (542) (89) (415) (579) (1,381) (1,522) (3,796) (1,557) (355.3) (267.9) (576.1) (386.8) (342.8) 654.8 (653.9) (285.2) (964.2) (4) 164.2
Financing Activities
Net Debt Issuance 783 (21) 56 (277) (1,150) (540) (298) (16) (948) 393 (1,725) (268) (17) (142.5) 196.6 (32.8) 112.1 (106.8) 231 572 (18.5) (21.1)
Stock Repurchased (4,750) (3,146) (3,025) (3,638) (3,516) (742) (1,934) (1,639) (1,709) (2,311) (1,612) 0 (156.8) (25) (44.2) (65.6) 0 0 0 (157.9) (62.7) (3.1)
Dividends Paid (381) (345) (314) (292) (277) (276) (294) (292) (262) (253) (244) (70.6) (69.8) (79.7) (78.5) (78.3) (77.5) (94.8) (46.3) (43.3) (44.2) (69.9)
Other Financing Activities (372) (554) (175) (324) (1,378) (135) (208) (280) (165) 102 5 7.9 41.3 13.2 19.7 12.6 15.6 (0.9) (28.3) 193.1 4.1 17.7
Financing Cash Flow (4,631) (3,965) (3,342) (4,368) (6,321) (1,693) (2,734) (2,227) (3,084) (2,069) (3,453) (91.1) (109.5) (155.2) 181.7 (125.5) 76.4 11.3 193.9 590.1 (102.1) (62.9)
Cash Position
Net Change in Cash (1,981) 1,371 (94) 744 (2,461) 2,381 1,042 309 (111) (1,265) (1,293) 1,092 186 (35.8) 124.2 (115.2) 315.2 (325.5) (89.1) (136) (103.6) 296.4
Cash at Beginning 5,956 4,585 4,679 3,935 6,396 4,015 2,981 2,672 2,783 4,048 5,341 708 522 557.8 433.7 548.9 233.7 566.3 124.8 260.8 385.4 89
Cash at End 3,975 5,956 4,583 4,679 3,935 6,396 4,023 2,981 2,672 2,783 4,048 1,800 708 522 557.9 433.7 548.9 240.8 35.7 124.8 281.8 385.4
Free Cash Flow 5,719 5,226 3,627 4,601 3,899 3,901 3,868 3,479 3,765 4,182 2,995 1,398.5 448.4 579.5 197.5 194.2 (561.1) (236.3) (230.2) (1,048.3) (108.3) 112.8
Key Metrics 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Income Statement
Revenue 403,430 359,051 308,951 276,711 263,966 238,228 231,051 214,319 208,357 198,533 190,884 179,045 137,609 122,455 122,734 112,084 108,702 106,632 101,703 92,977 88,050 80,514.6 69,506.1 57,120.8 50,006 42,010 36,734.2 30,382.3 20,857.3 12,886.7 13,716.4 13,189.1
Gross Profit 14,550 12,485 12,202 11,869 12,649 11,582 11,400 10,762 10,392 10,688 10,943 10,929 8,038 6,751 6,427 5,991 5,681 5,383 5,000 4,337 3,777 3,450 3,248.2 3,102.5 2,796.9 2,431 2,523.7 2,864.9 1,608.5 1,109.1 1,218.3 1,163.7
Operating Income 6,454 4,372 3,927 4,453 2,723 3,510 3,012 3,078 2,921 3,357 3,851 3,531 2,650 2,420 2,380 2,098 2,010 1,722 1,478 1,284 1,171 1,005 983.4 929.9 693.6 96.4 158.2 332.2 362.2 92.8 274.1 (30.1)
Net Income 4,762 3,295 3,002 3,560 1,114 (4,539) 900 34 67 5,183 2,258 1,476 1,263 1,338 1,403 1,130 1,263 823 990 963 738 (157) 646.5 555.4 418.6 (48.3) 723.7 84.9 154.9 133.9 135.4 404.5
EPS (Diluted) 38.38 25.72 22.39 25.04 7.23 -27.02 4.95 0.17 0.32 22.73 9.70 6.27 5.41 5.59 5.59 4.57 4.62 2.95 3.32 2.99 2.38 -0.53 2.19 1.88 1.43 -0.17 2.55 0.31 1.62 0.80 1.45 4.43
Balance Sheet
Cash & Equivalents 3,975 5,691 4,583 4,678 3,532 6,278 4,015 2,981 2,672 2,783 4,048 2,109 1,362 708 522 557.9 433.7 548.9 240.8 35.7 124.8 281.8 385.4
Total Assets 82,323 75,140 67,443 62,320 63,298 65,015 61,247 59,672 60,381 60,969 56,563 25,267 24,603 16,240.2 14,353.4 13,324 11,529.9 10,372.9 9,081.6 5,607.5 5,172.8 3,503.9 3,479.2
Total Debt 8,614 7,390 7,390 7,295 7,542 9,405 9,401 7,595 7,880 8,545 8,154 2,509 1,797 2,038.1 1,300.9 1,429.6 1,229.7 1,260 1,583 1,204.2 985.2 477.4 498.3
Stockholders' Equity (2,172) (2,074) (1,971) (1,857) (2,272) (21) 5,092 8,094 9,804 11,095 8,924 6,193 6,121 5,165.3 4,528.5 3,940.1 3,492.9 3,565.8 2,881.8 1,406.8 1,260.8 1,064.6 1,013.5
Cash Flow
Operating Cash Flow 6,155 6,085 4,314 5,159 4,434 4,542 4,374 4,036 4,345 4,744 3,672 1,538.4 563.4 695.5 329.3 353.1 (416) 317.1 2.2 238.1 2.5 195.1
Capital Expenditure (436) (859) (687) (558) (535) (641) (506) (557) (580) (562) (677) (139.9) (115) (116) (131.8) (158.9) (145.1) (553.4) (232.4) (1,286.4) (110.8) (82.3)
Free Cash Flow 5,719 5,226 3,627 4,601 3,899 3,901 3,868 3,479 3,765 4,182 2,995 1,398.5 448.4 579.5 197.5 194.2 (561.1) (236.3) (230.2) (1,048.3) (108.3) 112.8