McKesson Corporation (MCK) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Sales/Revenue | 96.3B | 106.16B | 103.15B | 97.83B | 90.82B | 95.29B | 93.65B | 79.28B | 76.36B | 80.9B | 77.22B | 74.48B | 68.91B | 70.49B | 70.16B | 67.15B | 66.1B | 68.61B | 66.58B | 62.67B |
| Revenue Growth % | 6.02% | 11.4% | 10.14% | 23.39% | 18.95% | 17.8% | 21.29% | 6.44% | 10.8% | 14.77% | 10.06% | 10.91% | 4.25% | 2.73% | 5.38% | 7.15% | 11.77% | 9.61% | 9.49% | 12.56% |
| Cost of Goods Sold | 92.25B | 102.47B | 99.61B | 94.55B | 87.9B | 92.07B | 90.5B | 76.33B | 72.89B | 77.87B | 74.32B | 71.67B | 65.94B | 67.53B | 67.15B | 64.22B | 62.88B | 65.3B | 63.35B | 59.78B |
| COGS % of Revenue | 95.8% | 96.53% | 96.57% | 96.65% | 96.78% | 96.62% | 96.64% | 96.27% | 95.46% | 96.25% | 96.25% | 96.23% | 95.69% | 95.8% | 95.71% | 95.63% | 95.13% | 95.18% | 95.16% | 95.38% |
| Gross Profit | 4.04B | 3.69B | 3.54B | 3.28B | 2.92B | 3.22B | 3.15B | 2.96B | 3.46B | 3.03B | 2.9B | 2.81B | 2.97B | 2.96B | 3.01B | 2.94B | 3.22B | 3.31B | 3.23B | 2.89B |
| Gross Margin % | 4.2% | 3.47% | 3.43% | 3.35% | 3.21% | 3.38% | 3.36% | 3.73% | 4.54% | 3.75% | 3.75% | 3.77% | 4.31% | 4.2% | 4.29% | 4.37% | 4.87% | 4.82% | 4.84% | 4.62% |
| Gross Profit Growth % | 38.49% | 14.44% | 12.59% | 10.93% | -15.68% | 6.2% | 8.56% | 5.23% | 16.68% | 2.5% | -3.62% | -4.33% | -7.83% | -10.63% | -6.76% | 1.45% | 1.9% | 10.08% | 12.88% | 13.14% |
| Operating Expenses | 1.8B | 2.07B | 2.07B | 2.24B | 1.88B | 1.93B | 2.4B | 1.9B | 2.09B | 2.41B | 2B | 1.77B | 1.87B | 1.82B | 1.86B | 1.87B | 2.43B | 2.99B | 2.54B | 2.09B |
| OpEx % of Revenue | 1.87% | 1.95% | 2.01% | 2.29% | 2.07% | 2.03% | 2.56% | 2.39% | 2.74% | 2.98% | 2.59% | 2.38% | 2.71% | 2.58% | 2.65% | 2.79% | 3.68% | 4.35% | 3.82% | 3.34% |
| Selling, General & Admin | 1.8B | -2.03B | 2.07B | 2.2B | 1.88B | 1.93B | 2.4B | 1.9B | 2.09B | 2.41B | 2B | 1.77B | 1.87B | 1.82B | 1.86B | 1.87B | 2.43B | 2.99B | 2.54B | 2.09B |
| SG&A % of Revenue | 1.87% | -1.91% | 2.01% | 2.24% | 2.07% | 2.03% | 2.56% | 2.39% | 2.74% | 2.98% | 2.59% | 2.38% | 2.71% | 2.58% | 2.65% | 2.79% | 3.68% | 4.35% | 3.82% | 3.34% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 2.25B | 1.62B | 1.47B | 1.04B | 1.04B | 1.29B | 745M | 1.06B | 1.37B | 623M | 898M | 1.03B | 1.1B | 1.14B | 1.15B | 1.06B | 787M | 323M | 683M | 800M |
| Operating Margin % | 2.33% | 1.53% | 1.42% | 1.06% | 1.14% | 1.35% | 0.8% | 1.34% | 1.8% | 0.77% | 1.16% | 1.39% | 1.6% | 1.62% | 1.63% | 1.58% | 1.19% | 0.47% | 1.03% | 1.28% |
| Operating Income Growth % | 116.99% | 25.8% | 97.05% | -2.36% | -24.49% | 106.58% | -17.04% | 2.61% | 24.5% | -45.45% | -21.57% | -2.82% | 40.03% | 253.56% | 67.64% | 33% | -28.97% | -63.87% | -15.05% | 23.84% |
| EBITDA | 2.44B | 1.81B | 1.66B | 1.19B | 1.19B | 1.44B | 908M | 1.23B | 1.53B | 782M | 1.05B | 1.19B | 1.33B | 1.35B | 1.36B | 1.27B | 992M | 554M | 940M | 1.11B |
| EBITDA Margin % | 2.54% | 1.7% | 1.61% | 1.22% | 1.31% | 1.51% | 0.97% | 1.55% | 2.01% | 0.97% | 1.37% | 1.6% | 1.93% | 1.91% | 1.94% | 1.9% | 1.5% | 0.81% | 1.41% | 1.77% |
| EBITDA Growth % | 105.9% | 25.49% | 82.38% | -3.01% | -22.52% | 84.14% | -13.93% | 3.1% | 15.27% | -41.95% | -22.37% | -6.43% | 33.97% | 143.14% | 44.57% | 15.07% | -29.09% | -54.33% | -15.7% | 17.12% |
| D&A (Non-Cash Add-back) | 196M | 188M | 188M | 157M | 151M | 153M | 163M | 169M | 160M | 159M | 157M | 159M | 227M | 205M | 214M | 211M | 205M | 231M | 257M | 308M |
| EBIT | 2.25B | 1.66B | 1.47B | 1.1B | 1.56B | 1.29B | 612M | 1.15B | 1.25B | 676M | 977M | 1.13B | 1.01B | 1.52B | 1.3B | 1.05B | 690M | 318M | 487M | 611M |
| Net Interest Income | 61M | -63M | -74M | -49M | -45M | -67M | -78M | -66M | -80M | -64M | -61M | -38M | -79M | -69M | -55M | -45M | -43M | -41M | -45M | -49M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -61M | 63M | 74M | 49M | 45M | 67M | 78M | 66M | 80M | 64M | 61M | 38M | 79M | 69M | 55M | 45M | 43M | 41M | 45M | 49M |
| Other Income/Expense | -123M | 11M | -73M | 15M | 479M | -61M | -211M | 23M | -202M | -11M | 18M | 57M | -170M | 306M | 99M | -58M | -140M | -46M | -241M | -238M |
| Pretax Income | 2.13B | 1.63B | 1.4B | 1.05B | 1.51B | 1.23B | 534M | 1.08B | 1.17B | 612M | 916M | 1.09B | 932M | 1.45B | 1.24B | 1.01B | 647M | 277M | 442M | 562M |
| Pretax Margin % | 2.21% | 1.54% | 1.35% | 1.07% | 1.67% | 1.29% | 0.57% | 1.37% | 1.53% | 0.76% | 1.19% | 1.46% | 1.35% | 2.05% | 1.77% | 1.5% | 0.98% | 0.4% | 0.66% | 0.9% |
| Income Tax | 270M | 380M | 232M | 220M | 209M | 298M | 247M | 124M | 340M | -18M | 213M | 94M | 106M | 329M | 271M | 199M | 240M | 238M | 132M | 26M |
| Effective Tax Rate % | 12.71% | 23.31% | 16.63% | 20.93% | 13.8% | 24.31% | 46.25% | 11.44% | 29.06% | -2.94% | 23.25% | 8.62% | 11.37% | 22.72% | 21.78% | 19.78% | 37.09% | 85.92% | 29.86% | 4.63% |
| Net Income | 1.68B | 1.19B | 1.11B | 784M | 1.26B | 879M | 241M | 915M | 791M | 589M | 664M | 958M | 787M | 1.08B | 926M | 768M | 368M | -7M | 267M | 486M |
| Net Margin % | 1.75% | 1.12% | 1.08% | 0.8% | 1.39% | 0.92% | 0.26% | 1.15% | 1.04% | 0.73% | 0.86% | 1.29% | 1.14% | 1.53% | 1.32% | 1.14% | 0.56% | -0.01% | 0.4% | 0.78% |
| Net Income Growth % | 33.49% | 34.93% | 360.58% | -14.32% | 59.29% | 49.24% | -63.7% | -4.49% | 0.51% | -45.41% | -28.29% | 24.74% | 113.86% | 15514.29% | 246.82% | 58.02% | -44.74% | 99.89% | -53.73% | 9.46% |
| Net Income (Continuing) | 1.85B | 1.25B | 1.16B | 831M | 1.31B | 928M | 287M | 960M | 830M | 630M | 703M | 997M | 826M | 1.12B | 973M | 807M | 407M | 39M | 310M | 536M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | -1000K | 1000K | -1000K | 0 | 0 | -1000K |
| Minority Interest | 1.34B | 1.2B | 1.16B | 1.1B | 380M | 380M | 375M | 374M | 372M | 371M | 364M | 362M | 367M | 366M | 518M | 532M | 480M | 487M | 484M | 491M |
| EPS (Diluted) | 13.71 | 9.59 | 8.92 | 6.25 | 10.01 | 6.94 | 1.86 | 7.00 | 6.01 | 4.42 | 4.93 | 7.01 | 5.70 | 7.65 | 6.43 | 5.26 | 2.47 | -0.05 | 1.71 | 3.07 |
| EPS Growth % | 36.96% | 38.18% | 379.57% | -10.71% | 66.56% | 57.01% | -62.27% | -0.14% | 5.44% | -42.22% | -23.33% | 33.27% | 130.77% | 16658.44% | 276.02% | 71.34% | -40.48% | 99.88% | -51.69% | 12.87% |
| EPS (Basic) | 13.78 | 9.63 | 8.95 | 6.28 | 10.06 | 6.98 | 1.87 | 7.05 | 6.05 | 4.45 | 4.95 | 7.07 | 5.75 | 7.71 | 6.47 | 5.33 | 2.50 | -0.05 | 1.73 | 3.11 |
| Diluted Shares Outstanding | 122.7M | 123.7M | 124.4M | 125.5M | 125.9M | 126.6M | 129.3M | 130.7M | 131.6M | 133.3M | 134.8M | 136.6M | 138M | 141M | 144.1M | 145.9M | 149.2M | 151.6M | 155.8M | 158.1M |
| Basic Shares Outstanding | 122.1M | 123.2M | 124M | 124.9M | 125.2M | 126M | 128.7M | 129.8M | 130.7M | 132.5M | 134.1M | 135.5M | 136.9M | 139.9M | 143.1M | 144.2M | 147.2M | 151.6M | 154.1M | 156.2M |
| Dividend Payout Ratio | 6% | 8.52% | 8.02% | 11.48% | 7.22% | 10.47% | 33.2% | 8.96% | 10.37% | 14.09% | 11.3% | 7.72% | 9.66% | 7.14% | 7.34% | 9.24% | 19.29% | - | 24.34% | 14.2% |