MCKESSON CORP

10-K & 10-Q Filings

McKesson Corporation is a diversified healthcare services leader dedicated to advancing health outcomes for patients everywhere. The company was incorporated in Delaware in 1994 and operates through four reportable segments: U.S. Pharmaceutical, Prescription Technology Solutions, Medical-Surgical Solutions, and International. The U.S. Pharmaceutical segment distributes pharmaceutical drugs and other healthcare-related products in the U.S., providing solutions and services to pharmacies, hospitals, oncology and other specialty practices, pharmaceutical manufacturers, biopharma partners, physicians, payers, and patients. The Prescription Technology Solutions segment helps solve medication access, affordability, and adherence challenges for patients by connecting patients, pharmacies, providers, pharmacy benefit managers, health plans, and biopharma companies. The Medical-Surgical Solutions segment provides medical-surgical supply distribution, logistics, and other services to healthcare providers. The International segment provides distribution and services to wholesale, institutional, and retail customers in Europe and Canada. The company's website is www.mckesson.com, and its ticker symbol is MCK on the New York Stock Exchange.

12 mos ending Mar 31, 201212 mos ending Mar 31, 201312 mos ending Mar 31, 201412 mos ending Mar 31, 201512 mos ending Mar 31, 201612 mos ending Mar 31, 201712 mos ending Mar 31, 201812 mos ending Mar 31, 201912 mos ending Mar 31, 202012 mos ending Mar 31, 202112 mos ending Mar 31, 202212 mos ending Mar 31, 20239 mos ending Dec 31, 20229 mos ending Dec 31, 2023CAGR %YoY %Revenue (+)
$122734.00
122455.00
137609.00
179045.00
190884.00
198533.00
208357.00
214319.00
231051.00
238228.00
263966.00
276711.00
207801.00
232596.00
7.67%11.93%Cost of Revenue (-)
$116167.00
115471.00
129300.00
167634.00
179468.00
187262.00
197173.00
202565.00
219028.00
226080.00
250836.00
264353.00
198509.00
223353.00
7.76%12.52%Gross Profit (+)
$6567.00
6984.00
8309.00
11411.00
11416.00
11271.00
11184.00
11754.00
12023.00
12148.00
13130.00
12358.00
9292.00
9243.00
5.92%-0.53%Selling, General & Administrative (-)
$2832.00
3156.00
5418.00
7901.00
7276.00
7466.00
8138.00
8403.00
9168.00
8849.00
10537.00
7776.00
5812.00
6468.00
9.62%11.29%Research & Development (-)
$440.00
480.00
456.00
392.00
392.00
341.00
125.00
71.00
96.00
Non-recurring Operating Expenses (-)
$149.00
203.00
308.00
2305.00
2394.00
270.00
403.00
274.00
-8.00
79.00
-2.00
-102.53%Operating Expenses (-)
$4418.00
4669.00
5942.00
8443.00
7871.00
4162.00
10422.00
10868.00
9534.00
17188.00
11092.00
7977.00
5891.00
6550.00
5.52%11.19%Costs & Expenses (Total) (-)
$120585.00
120140.00
135242.00
176077.00
187339.00
191518.00
207595.00
213433.00
228562.00
243268.00
261928.00
272330.00
204400.00
229903.00
7.69%12.48%Operating Income/Loss (+)
$2149.00
2315.00
2367.00
2968.00
3545.00
7109.00
762.00
886.00
2489.00
-5040.00
2038.00
4381.00
3401.00
2693.00
6.69%-20.82%Non-operating Income/Expense (+)
$21.00
-156.00
32.00
63.00
58.00
90.00
-240.00
-12.00
-1096.00
223.00
259.00
497.00
466.00
98.00
33.33%-78.97%Interest Expense (-)
$
249.00
217.00
178.00
248.00
169.00
172.00
1.78%Earnings before Tax (+)
$1919.00
1919.00
2096.00
2657.00
3250.00
6891.00
239.00
610.00
1144.00
-5034.00
1928.00
4630.00
3698.00
2619.00
8.34%-29.18%Tax Expense (-)
$516.00
581.00
742.00
815.00
908.00
1614.00
-53.00
356.00
18.00
-695.00
636.00
905.00
799.00
289.00
5.24%-63.83%Income/Loss (Continuing Operations) (+)
$1403.00
1338.00
1354.00
1842.00
2342.00
5277.00
292.00
254.00
1126.00
-4339.00
1292.00
3725.00
2899.00
2330.00
9.28%-19.63%Income/Loss (Discontinued Operations) (+)
$
-96.00
-299.00
-32.00
-124.00
5.00
1.00
-6.00
-1.00
-5.00
-3.00
-3.00
Profit/Loss (+)
$
1258.00
1543.00
2310.00
5153.00
297.00
255.00
1120.00
-4340.00
1287.00
3722.00
2896.00
2330.00
-19.54%Net Income/Loss (NCI) (-)
$
-5.00
67.00
52.00
83.00
230.00
221.00
220.00
199.00
173.00
162.00
123.00
119.00
-3.25%Net Income/Loss (+)
$1403.00
1338.00
1263.00
1476.00
2258.00
5070.00
67.00
34.00
900.00
-4539.00
1114.00
3560.00
2773.00
2211.00
8.83%-20.27%Net Income/Loss (Common) (+)
$1403.00
1338.00
1263.00
1476.00
2258.00
5070.00
67.00
34.00
900.00
-4539.00
1114.00
3560.00
2773.00
2211.00
8.83%-20.27%EPS (Basic)
$5.70
5.71
5.51
6.37
9.82
22.95
0.32
0.17
4.98
-28.26
7.32
25.23
19.46
16.49
14.48%-15.26%EPS (Diluted)
$5.59
5.59
5.41
6.27
9.70
22.73
0.32
0.17
4.95
-28.26
7.23
25.03
19.30
16.39
14.60%-15.08%Weighted Avg Shares (Basic)
246.00
235.00
229.00
232.00
230.00
221.00
208.00
196.00
181.00
160.60
152.30
141.10
142.50
134.00
-4.93%-5.96%Weighted Avg Shares (Diluted)
251.00
239.00
233.00
235.00
233.00
223.00
209.00
197.00
182.00
160.60
154.10
142.20
143.70
134.90
-5.03%-6.12%Cash
$3149.00
2456.00
4193.00
5341.00
4048.00
2783.00
2672.00
2981.00
4015.00
6278.00
3532.00
4678.00
2774.00
1982.00
3.66%-28.55%Receivables
$9977.00
9975.00
14193.00
15914.00
17980.00
18215.00
17711.00
18246.00
19950.00
19181.00
18583.00
19410.00
20537.00
23066.00
6.24%12.31%Inventory
$10073.00
10335.00
13308.00
14296.00
15335.00
15278.00
16310.00
16709.00
16734.00
19246.00
18702.00
19691.00
20657.00
22020.00
6.28%6.60%Prepaid Expenses (Current)
$404.00
404.00
879.00
1119.00
1074.00
672.00
443.00
529.00
617.00
665.00
898.00
496.00
675.00
572.00
1.88%-15.26%Other Assets (Current)
$
906.00
12.00
4516.00
17.00
14.00
Assets (Current)
$23603.00
23170.00
32573.00
36670.00
38437.00
36948.00
37136.00
38465.00
42222.00
45382.00
46231.00
44292.00
44657.00
47640.00
5.89%6.68%Securities & Long-term Investments
$
4063.00
3728.00
3513.00
Property, Plant & Equipment (Net)
$1043.00
1321.00
2222.00
2045.00
2278.00
2292.00
2464.00
2548.00
4251.00
4681.00
3640.00
3812.00
3793.00
3880.00
12.50%2.29%Goodwill & Intangibles
$6782.00
8675.00
14949.00
13258.00
12807.00
14251.00
15026.00
13047.00
12516.00
12371.00
11510.00
12224.00
12207.00
12070.00
5.50%-1.12%Other Assets
$1665.00
1620.00
2015.00
1897.00
3041.00
3415.00
2027.00
2099.00
2258.00
2581.00
1917.00
1992.00
2033.00
2922.00
1.64%43.73%Assets (Non-current)
$9490.00
11616.00
19186.00
17200.00
18126.00
24021.00
23245.00
21207.00
19025.00
19633.00
17067.00
18028.00
18033.00
18872.00
6.01%4.65%Assets (Total)
$33093.00
34786.00
51759.00
53870.00
56563.00
60969.00
60381.00
59672.00
61247.00
65015.00
63298.00
62320.00
62690.00
66512.00
5.92%6.10%Accounts Payable
$18263.00
18020.00
24907.00
28935.00
32533.00
34026.00
35493.00
37296.00
40535.00
42962.00
42629.00
46685.00
46691.00
51099.00
8.91%9.44%Debt (Current)
$508.00
352.00
1770.00
1664.00
1619.00
1240.00
1129.00
330.00
1406.00
742.00
799.00
968.00
1021.00
266.00
6.04%-73.95%Other Liabilities (Current)
$2915.00
2985.00
2824.00
2898.00
919.00
346.00
63.00
683.00
399.00
5038.00
304.00
294.00
296.00
-18.58%0.68%Liabilities (Current)
$21686.00
21357.00
29501.00
33497.00
35071.00
35612.00
36685.00
37626.00
42624.00
44103.00
48466.00
47957.00
48006.00
51661.00
7.48%7.61%Debt (Non-current)
$3072.00
4521.00
8949.00
8180.00
6535.00
7305.00
6751.00
7265.00
7995.00
6406.00
5080.00
4626.00
5452.00
5625.00
3.79%3.17%Other Liabilities
$1504.00
1838.00
2991.00
4108.00
5949.00
6779.00
6888.00
6494.00
5319.00
14331.00
11544.00
11227.00
11321.00
10908.00
20.05%-3.65%Liabilities (Non-current)
$4576.00
6359.00
11940.00
12288.00
12484.00
14084.00
13639.00
13759.00
13314.00
20737.00
16624.00
15853.00
16773.00
16533.00
11.96%-1.43%Liabilities (Total)
$26262.00
27716.00
41441.00
45785.00
47555.00
49696.00
50324.00
51385.00
55938.00
64840.00
65090.00
63810.00
64779.00
68194.00
8.41%5.27%Treasury Stock
$8204.00
9363.00
9507.00
9956.00
3721.00
5982.00
7655.00
8902.00
12892.00
13670.00
17045.00
20997.00
20677.00
23474.00
8.92%13.53%Retained Earnings
$9451.00
10402.00
11453.00
12705.00
8360.00
13189.00
12986.00
12409.00
13022.00
8202.00
9030.00
12295.00
11582.00
14268.00
2.42%23.19%AOCI
$5.00
-65.00
-3.00
-1713.00
-1561.00
-2141.00
-1717.00
-1849.00
-1703.00
-1480.00
-1534.00
-905.00
-899.00
-812.00
9.68%Shareholder's Equity
$6831.00
7070.00
10318.00
8085.00
9008.00
11273.00
10057.00
8287.00
5309.00
175.00
-1792.00
-1490.00
-2089.00
-1682.00
19.48%Liabilities & Equity
$33093.00
34786.00
51759.00
53870.00
56563.00
60969.00
60381.00
59672.00
61247.00
65015.00
63298.00
62320.00
62690.00
66512.00
5.92%6.10%Net Income/Loss
$1403.00
1338.00
1258.00
1543.00
2310.00
5153.00
297.00
255.00
1120.00
-4340.00
1287.00
3722.00
2896.00
2330.00
9.27%-19.54%Depreciation & Amortization
$551.00
591.00
704.00
1017.00
885.00
910.00
951.00
949.00
922.00
887.00
760.00
608.00
447.00
475.00
0.90%6.26%Increase/Decrease in Working Capital
$-504.00
-594.00
-610.00
397.00
-97.00
-2204.00
-870.00
-803.00
-347.00
-7278.00
-116.00
-420.00
1680.00
3841.00
128.63%Share-based Compensation
$154.00
167.00
160.00
174.00
123.00
115.00
69.00
Adjustments to Reconcile Net Income
$1547.00
1145.00
1878.00
1569.00
1362.00
-409.00
4048.00
3781.00
3254.00
8882.00
3147.00
1437.00
-1062.00
-2163.00
-0.67%-103.67%Net Cash (Operating)
$2950.00
2483.00
3136.00
3112.00
3672.00
4744.00
4345.00
4036.00
4374.00
4542.00
4434.00
5159.00
1834.00
167.00
5.21%-90.89%Capital Expenditure
$1381.00
2279.00
4952.00
700.00
507.00
4593.00
2973.00
1361.00
602.00
276.00
-37.00
348.00
158.00
377.00
-11.78%138.61%Net Cash (Investing)
$-1502.00
-2209.00
-5046.00
-677.00
-1557.00
-3796.00
-1522.00
-1381.00
-579.00
-415.00
-89.00
-542.00
-298.00
-495.00
-66.11%Increase/Decrease in Debt
$-30.00
255.00
3781.00
-402.00
-1725.00
393.00
-948.00
-16.00
-298.00
-540.00
-1150.00
-277.00
704.00
929.00
31.96%Increase/Decrease in Equity
$-1707.00
-1048.00
47.00
-298.00
-1489.00
-2191.00
-1577.00
-1564.00
-1841.00
-678.00
-3296.00
-3475.00
-3357.00
-2272.00
32.32%Interest Expenses
$228.00
207.00
255.00
359.00
337.00
315.00
298.00
383.00
235.00
220.00
186.00
224.00
-0.16%Dividends Paid
$195.00
194.00
214.00
227.00
244.00
253.00
262.00
292.00
294.00
276.00
277.00
292.00
216.00
232.00
3.74%7.41%Net Cash (Financing)
$-1905.00
-956.00
3619.00
-968.00
-3453.00
-2069.00
-3084.00
-2227.00
-2734.00
-1693.00
-6321.00
-4368.00
-3178.00
-2374.00
25.30%Cash Taxes Paid
$337.00
55.00
508.00
866.00
923.00
587.00
144.00
262.00
368.00
379.00
359.00
562.00
4.76%Effect of Exchange Rate
$-6.00
-11.00
28.00
-319.00
45.00
-144.00
150.00
-119.00
-19.00
-61.00
55.00
25.00
15.00
6.00
-60.00%Increase/Decrease in Cash
$-463.00
-693.00
1737.00
1148.00
-1293.00
-1265.00
-111.00
309.00
1042.00
2373.00
-2461.00
744.00
-1157.00
-2696.00
-133.02%Cash (Beginning)
$3612.00
3149.00
2456.00
4193.00
5341.00
4048.00
2783.00
2672.00
2981.00
4023.00
6396.00
3935.00
3935.00
4679.00
0.78%18.91%Cash (Ending)
$3149.00
2456.00
4193.00
5341.00
4048.00
2783.00
2672.00
2981.00
4023.00
6396.00
2778.00
NOPAT
$1771.61
2248.65
1793.32
2000.64
2538.22
6503.43
593.02
505.46
1688.34
-5735.83
1658.52
3849.22
2666.17
2395.83
7.31%-10.14%Gross Margin %
5.35%
5.70%
6.04%
6.37%
5.98%
5.68%
5.37%
5.48%
5.20%
5.10%
4.97%
4.47%
4.47%
3.97%
Operating Margin %
1.75%
1.89%
1.72%
1.66%
1.86%
3.58%
0.37%
0.41%
1.08%
-2.12%
0.77%
1.58%
1.64%
1.16%
NOPAT Margin %
1.44%
1.84%
1.30%
1.12%
1.33%
3.28%
0.28%
0.24%
0.73%
-2.41%
0.63%
1.39%
1.28%
1.03%
Net Margin %
1.14%
1.09%
0.92%
0.82%
1.18%
2.55%
0.03%
0.02%
0.39%
-1.91%
0.42%
1.29%
1.33%
0.95%
Tax Rate %
17.56%
2.87%
24.24%
32.59%
28.40%
8.52%
22.18%
42.95%
32.17%
-13.81%
18.62%
12.14%
21.61%
11.03%
ROA
5.35%
6.46%
3.46%
3.71%
4.49%
10.67%
0.98%
0.85%
2.76%
-8.82%
2.62%
6.18%
4.25%
3.60%
ROE
25.93%
31.81%
17.38%
24.75%
28.18%
57.69%
5.90%
6.10%
31.80%
-3277.62%
-92.55%
-258.34%
-127.63%
-142.44%
ROIC
15.13%
16.47%
7.66%
9.27%
12.36%
33.71%
3.10%
3.02%
9.81%
-29.78%
14.15%
28.57%
19.31%
19.41%
Asset Turnover
3.71
3.52
2.66
3.32
3.37
3.26
3.45
3.59
3.77
3.66
4.17
4.44
3.31
3.50
Inventory Turnover
11.53
11.17
9.72
11.73
11.70
12.26
12.09
12.12
13.09
11.75
13.41
13.43
9.61
10.14
Equity Multiplier
4.84
4.92
5.02
6.66
6.28
5.41
6.00
7.20
11.54
371.51
-35.32
-41.83
-30.01
-39.54
Current Ratio
1.09
1.08
1.10
1.09
1.10
1.04
1.01
1.02
0.99
1.03
0.95
0.92
0.93
0.92
Quick Ratio
0.61
0.58
0.62
0.63
0.63
0.59
0.56
0.56
0.56
0.58
0.46
0.50
0.49
0.48
Debt/Equity Ratio
0.52
0.69
1.04
1.22
0.91
0.76
0.78
0.92
1.77
40.85
-3.28
-3.75
-3.10
-3.50
Interest Coverage Ratio
9.43
11.18
9.28
8.27
10.52
22.57
2.56
2.31
10.59
-22.91
10.96
19.56
Working Capital/Sales
0.03
0.03
0.05
0.04
0.03
0.01
0.01
0.01
0.00
0.01
-0.01
-0.01
-0.01
-0.02
R&D/Sales
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Dividend Payout Ratio %
11.01%
8.63%
11.93%
11.35%
9.61%
3.89%
44.18%
57.77%
17.41%
4.81%
16.70%
7.59%
8.10%
9.68%
Total Payout
$2160.00
1194.00
-3359.00
1286.00
3795.00
2366.00
3085.00
2255.00
2668.00
1714.00
4909.00
4268.00
2869.00
1575.00
6.39%-45.10%Payout Ratio %
121.92%
53.10%
-187.31%
64.28%
149.51%
36.38%
520.22%
446.13%
158.02%
29.88%
295.99%
110.88%
107.61%
65.74%