MCK financial statements

The full income statement, balance sheet, and cash-flow statement for McKesson Corporation (MCK), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 129.7M2024-09 126.9M2024-12 125.3M2025-03 125.1M2025-06 124.4M2025-09 123.4M2025-12 122.5M2026-03 120.2M2026-06 116.6M-10.1% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2026	FY2025	FY2024	FY2023	FY2022
Income Statement	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
Revenue	403B YoY+12.4%	359B YoY+16.2%	309B YoY+11.7%	277B YoY+4.8%	264B YoY+10.8%
	14.6B YoY+9.2%	13.3B YoY+3.9%	12.8B YoY+3.8%	12.4B YoY-5.9%	13.1B YoY+8.1%
Cost of revenue	389B YoY+12.5%	346B YoY+16.8%	296B YoY+12.0%	264B YoY+5.4%	251B YoY+11.0%
	8.34B YoY-6.3%	8.90B YoY-0.2%	8.92B YoY+11.8%	7.98B YoY-28.1%	11.1B YoY-35.5%
Selling, general & administrative	8.10B YoY-4.8%	8.51B YoY-1.7%	8.66B YoY+11.3%	7.78B YoY-26.2%	10.5B YoY+19.1%
Restructuring	245M YoY-28.8%	344M YoY+199.1%	115M YoY-45.0%	209M YoY-14.7%	245M YoY+11.9%
Amortization of intangibles	276M YoY+22.1%	226M YoY-9.2%	249M YoY+5.5%	236M YoY-28.9%	332M YoY-21.3%
Provision for credit losses	100M YoY+176.9%	-130M YoY-115.9%	819M YoY+1720.0%	45.0M YoY+55.2%	29.0M
Operating income	6.21B YoY+40.5%	4.42B YoY+13.1%	3.91B YoY-10.8%	4.38B YoY+115.0%	2.04B YoY+140.4%
Interest expense	247M YoY-6.8%	265M YoY+5.2%	252M YoY+1.6%	248M YoY+39.3%	178M YoY-18.0%
Interest & investment income	179M YoY+3.5%	173M YoY+46.6%	118M YoY+10.3%	107M YoY+970.0%	10.0M YoY-16.7%
Other non-operating income	44.0M YoY+215.8%	-38.0M YoY-211.8%	34.0M YoY-87.8%	279M YoY+158.3%	108M YoY+260.0%
Equity-method income	7.00M YoY-22.2%	9.00M YoY+125.0%	4.00M YoY-20.0%	5.00M YoY-88.4%	43.0M YoY-10.4%
Gain (loss) on equity securities	—	101M YoY+520.8%	-24.0M YoY+33.3%	-36.0M YoY-136.7%	98.0M YoY-26.3%
Pre-tax income	6.20B YoY+42.3%	4.36B YoY+15.0%	3.79B YoY-18.2%	4.63B YoY+140.1%	1.93B YoY+138.3%
Income tax	1.10B YoY+25.5%	878M YoY+39.6%	629M YoY-30.5%	905M YoY+42.3%	636M YoY+191.5%
	4.76B YoY+44.5%	3.29B YoY+9.8%	3.00B YoY-15.7%	3.56B YoY+219.6%	1.11B YoY+124.5%
Income from continuing operations	—	3.29B YoY+9.8%	3.00B YoY-15.7%	3.56B YoY+218.4%	1.12B YoY+124.7%
Discontinued operations	—	0.00	0.00 YoY+100.0%	-3.00M YoY+40.0%	-5.00M YoY-400.0%
Net income to non-controlling interest	337M YoY+81.2%	186M YoY+17.7%	158M YoY-2.5%	162M YoY-6.4%	173M YoY-13.1%
	$38.38 YoY+49.2%	$25.72 YoY+14.9%	$22.39 YoY-10.5%	$25.03 YoY+246.2%	$7.23 YoY+125.6%
EPS (basic)	$38.55 YoY+49.1%	$25.86 YoY+14.7%	$22.54 YoY-10.7%	$25.23 YoY+244.7%	$7.32 YoY+125.9%
	124M YoY-3.0%	127M YoY-4.4%	133M YoY-5.6%	141M YoY-7.4%	152M YoY-5.2%
	124M YoY-3.1%	128M YoY-4.5%	134M YoY-5.7%	142M YoY-7.7%	154M YoY-4.0%
Dividends per share	$3.17 YoY+15.3%	$2.75 YoY+14.6%	$2.40 YoY+14.8%	$2.09 YoY+14.2%	$1.83 YoY+9.6%
Balance Sheet	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
	57.2B YoY+3.3%	55.4B YoY+15.5%	48.0B YoY+8.3%	44.3B YoY-4.2%	46.2B YoY+1.9%
Cash & equivalents	3.98B YoY-30.2%	5.69B YoY+24.2%	4.58B YoY-2.0%	4.68B YoY+32.4%	3.53B YoY-43.7%
Accounts receivable	28.0B YoY+9.1%	25.6B YoY+18.6%	21.6B YoY+11.4%	19.4B YoY+4.5%	18.6B YoY-3.1%
Inventory	24.2B YoY+5.2%	23.0B YoY+8.8%	21.1B YoY+7.4%	19.7B YoY+5.3%	18.7B YoY-2.8%
Prepaid expenses	1.04B YoY-1.9%	1.06B YoY+69.8%	626M YoY+22.0%	513M YoY-42.9%	898M YoY+35.0%
	82.3B YoY+9.6%	75.1B YoY+11.4%	67.4B YoY+8.2%	62.3B YoY-1.5%	63.3B YoY-2.6%
Property, plant & equipment	2.67B YoY+6.6%	2.50B YoY+8.0%	2.32B YoY+6.4%	2.18B YoY+4.1%	2.09B YoY-18.9%
Operating lease right-of-use	2.06B YoY+15.5%	1.78B YoY+3.1%	1.73B YoY+5.7%	1.64B YoY+5.6%	1.55B YoY-26.3%
Goodwill	11.3B YoY+12.9%	10.0B YoY-1.1%	10.1B YoY+1.9%	9.95B YoY+5.2%	9.45B YoY-0.4%
Intangible assets	4.08B YoY+178.6%	1.46B YoY-30.6%	2.11B YoY-7.3%	2.28B YoY+10.6%	2.06B YoY-28.5%
Deferred tax assets	432M YoY+17.7%	367M YoY+15.8%	317M YoY+50.2%	211M YoY+7.1%	197M YoY+6.5%
Other non-current assets	4.99B YoY+25.7%	3.97B YoY+24.7%	3.19B YoY+59.9%	1.99B YoY+3.9%	1.92B YoY-25.7%
	67.0B YoY+8.8%	61.6B YoY+17.7%	52.4B YoY+9.2%	48.0B YoY-1.1%	48.5B YoY+9.9%
Accounts payable	60.0B YoY+8.4%	55.3B YoY+17.5%	47.1B YoY+10.8%	42.5B YoY+11.6%	38.1B YoY-2.3%
Accrued liabilities	5.49B YoY+13.8%	4.83B YoY-1.8%	4.92B YoY+17.0%	4.20B YoY-7.6%	4.54B YoY+13.9%
Short-term & current debt	1.27B YoY+6.4%	1.19B	0.00	0.00	0.00
Current lease liability	287M YoY+11.2%	258M YoY-12.5%	295M YoY-1.3%	299M YoY+0.7%	297M YoY-23.8%
Finance lease liability (current)	37.0M YoY+15.6%	32.0M YoY+6.7%	30.0M YoY+3.4%	29.0M YoY+16.0%	25.0M YoY+13.6%
Long-term debt	6.53B YoY+15.4%	5.65B YoY+0.4%	5.63B YoY+0.6%	5.59B YoY-4.8%	5.88B YoY-8.2%
Non-current lease liability	1.80B YoY+21.9%	1.48B YoY+0.8%	1.47B YoY+4.6%	1.40B YoY+2.6%	1.37B YoY-26.8%
Operating lease liability (total)	2.09B YoY+20.3%	1.74B YoY-1.4%	1.76B YoY+3.5%	1.70B YoY+2.3%	1.66B YoY-26.3%
Finance lease liability (total)	189M YoY-3.1%	195M YoY+1.0%	193M YoY-4.5%	202M YoY-3.8%	210M YoY-7.9%
Finance lease liability	152M YoY-6.7%	163M YoY+0.0%	163M YoY-5.8%	173M YoY-6.5%	185M YoY-10.2%
Deferred tax liabilities	1.33B YoY+29.3%	1.03B YoY+12.2%	917M YoY-33.9%	1.39B YoY-2.2%	1.42B YoY+0.5%
Other non-current liabilities	2.66B YoY+0.0%	2.66B YoY+1.9%	2.61B YoY+44.0%	1.81B YoY+17.7%	1.54B YoY-10.2%
	-2.17B YoY-4.7%	-2.07B YoY-5.2%	-1.97B YoY-6.1%	-1.86B YoY+18.3%	-2.27B YoY-10719.0%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	3.00M YoY+0.0%	3.00M YoY+0.0%	3.00M YoY+0.0%	3.00M YoY+50.0%	2.00M YoY+0.0%
Additional paid-in capital	8.28B YoY-1.1%	8.37B YoY+4.0%	8.05B YoY+3.9%	7.75B YoY+6.5%	7.28B YoY+5.1%
Retained earnings	22.3B YoY+24.4%	17.9B YoY+19.6%	15.0B YoY+21.8%	12.3B YoY+36.2%	9.03B YoY+10.1%
Treasury stock	32.0B YoY+16.6%	27.4B YoY+13.8%	24.1B YoY+14.9%	21.0B YoY+23.2%	17.0B YoY+24.7%
Accumulated other comprehensive income	-745M YoY+20.1%	-932M YoY-5.8%	-881M YoY+2.7%	-905M YoY+41.0%	-1.53B YoY-3.6%
Non-controlling interest	395M YoY+3.9%	380M YoY+2.2%	372M YoY+1.4%	367M YoY-23.5%	480M YoY+144.9%
Total equity incl. non-controlling	-1.78B YoY-4.9%	-1.69B YoY-5.9%	-1.60B YoY-7.3%	-1.49B YoY+16.9%	-1.79B YoY-1124.0%
Total liabilities & equity	82.3B YoY+9.6%	75.1B YoY+11.4%	67.4B YoY+8.2%	62.3B YoY-1.5%	63.3B YoY-2.6%
	280M YoY+0.4%	279M YoY+0.4%	278M YoY+0.4%	277M YoY+0.7%	275M YoY+0.7%
	—	279M YoY+0.4%	278M YoY+0.4%	277M YoY+0.7%	275M YoY+0.7%
	120M YoY-3.9%	125M YoY-3.7%	130M YoY-4.1%	136M YoY-6.7%	145M YoY-8.1%
Cash Flow	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
	6.16B YoY+1.2%	6.08B YoY+41.1%	4.31B YoY-16.4%	5.16B YoY+16.4%	4.43B YoY-2.4%
Depreciation & amortization	287M YoY+5.5%	272M YoY-2.5%	279M YoY+2.6%	272M YoY-12.8%	312M YoY-9.3%
Intangible amortization	276M YoY+22.1%	226M YoY-9.2%	249M YoY+5.5%	236M YoY-28.9%	332M YoY-21.3%
Deferred income taxes	230M YoY+309.1%	-110M YoY+81.8%	-603M YoY-2915.0%	-20.0M YoY-158.8%	34.0M YoY+103.7%
Change in inventory	1.08B YoY-52.3%	2.27B YoY+75.4%	1.29B YoY+2.8%	1.26B YoY+7.7%	1.17B YoY-48.6%
Change in payables	4.32B YoY-48.0%	8.30B YoY+81.0%	4.59B YoY+21.1%	3.79B YoY+35.2%	2.80B YoY+121.2%
	-3.43B YoY-368.2%	-733M YoY+31.6%	-1.07B YoY-97.8%	-542M YoY-509.0%	-89.0M YoY+78.6%
Capital expenditure	436M YoY-18.8%	537M YoY+24.6%	431M YoY+10.5%	390M YoY+0.5%	388M YoY-14.0%
Free cash flow	5.72B YoY+3.1%	5.55B YoY+42.9%	3.88B YoY-18.6%	4.77B YoY+17.9%	4.05B YoY-1.1%
Acquisitions	3.42B YoY+14133.3%	24.0M YoY-91.2%	272M YoY-68.6%	867M YoY+14350.0%	6.00M YoY-82.9%
Other investing activities	101M YoY+248.3%	29.0M YoY-81.9%	160M YoY-17.5%	194M YoY+54.0%	126M YoY-9.4%
	-4.63B YoY-16.8%	-3.96B YoY-18.6%	-3.34B YoY+23.5%	-4.37B YoY+30.9%	-6.32B YoY-273.4%
Long-term debt issued	1.99B YoY+299.6%	498M YoY-49.7%	991M YoY-0.6%	997M YoY+100.2%	498M YoY-0.4%
Long-term debt repaid	1.21B YoY+132.6%	519M YoY+80.2%	288M YoY-77.4%	1.27B YoY-22.7%	1.65B YoY+58.5%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	4.75B YoY+51.0%	3.15B YoY+4.0%	3.02B YoY-16.8%	3.64B YoY+3.5%	3.52B YoY+373.9%
Dividends paid	381M YoY+10.4%	345M YoY+9.9%	314M YoY+7.5%	292M YoY+5.4%	277M YoY+0.4%
Other financing activities	-372M YoY+32.9%	-554M YoY-216.6%	-175M YoY+46.0%	-324M YoY+15.4%	-383M YoY-115.2%
FX effect on cash	20.0M YoY+225.0%	-16.0M YoY-366.7%	6.00M YoY-76.0%	25.0M YoY-54.5%	55.0M YoY+190.2%
Net change in cash	-1.89B YoY-237.7%	1.37B YoY+1558.5%	-94.0M YoY-112.6%	744M YoY+130.2%	-2.46B YoY-203.7%
Interest paid	212M YoY-22.3%	273M YoY+16.7%	234M YoY+4.5%	224M YoY+20.4%	186M YoY-15.5%
Income taxes paid	1.21B YoY+7.7%	1.12B YoY+24.8%	901M YoY+60.3%	562M YoY+56.5%	359M YoY-5.3%
Valuation Ratios	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
Market cap	104B YoY+23.5%	84.2B YoY+19.4%	70.5B YoY+46.1%	48.3B YoY+8.5%	44.5B YoY+44.2%
P/E	21.8× YoY-14.5%	25.6× YoY+8.6%	23.5× YoY+73.5%	13.6× YoY-66.0%	39.9×
P/S	0.3× YoY+10.0%	0.2× YoY+0.2%	0.2× YoY+34.1%	0.2× YoY+3.5%	0.2× YoY+30.2%
P/FCF	18.2× YoY+19.8%	15.2× YoY-32.8%	22.6× YoY+123.1%	10.1× YoY-8.0%	11.0× YoY+45.8%
	4.6% YoY+17.0%	3.9% YoY-7.9%	4.2% YoY-42.4%	7.4% YoY+194.5%	2.5%
	5.5% YoY-16.6%	6.6% YoY+48.8%	4.4% YoY-55.2%	9.9% YoY+8.6%	9.1% YoY-31.4%
	0.37% YoY-10.4%	0.41% YoY-8.6%	0.45% YoY-23.8%	0.59% YoY-1.8%	0.60% YoY-30.2%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: MCK's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all MCK filings on SEC EDGAR → Not investment advice.