Still calculating financial ratios manually?
Stop wasting time — let the computer do it!
McKesson Corporation (MCK) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
6555 STATE HIGHWAY 161 IRVING, TX 75039 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| Industry (SIC) | 5122 - Drugs, Drug Proprietaries, and Druggists' Sundries (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2026 | 12/31/2025 MRQ | 3/31/2025 | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,959 | 5,691 | 4,823 | 4,915 | 3,878 | 6,547 | |||
| Cash and cash equivalent | 2,959 | 5,691 | 4,583 | 4,678 | 3,532 | 6,278 | |||
| Short-term investments | 240 | 237 | 346 | 269 | |||||
| Restricted cash and investments | 94 | 265 | 2 | 1 | 403 | 118 | |||
| Receivables | 28,213 | 25,643 | 21,622 | 19,410 | 18,583 | 19,181 | |||
| Inventory, net of allowances, customer advances and progress billings | 27,067 | 23,001 | 21,139 | 19,691 | 18,702 | 19,246 | |||
| Inventory | 27,067 | 23,001 | 21,139 | 19,691 | 18,702 | 19,246 | |||
| Disposal group, including discontinued operation | 17 | 4,516 | 12 | ||||||
| Other undisclosed current assets | 1,364 | 798 | 384 | 258 | 149 | 278 | |||
| Total current assets: | 59,697 | 55,398 | 47,970 | 44,292 | 46,231 | 45,382 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2,056 | 1,782 | 1,729 | 1,635 | 1,548 | 2,100 | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 2,634 | 2,502 | 2,316 | 2,177 | 2,092 | 2,581 | |||
| Intangible asset, including goodwill, after accumulated amortization | 15,503 | 11,486 | 12,242 | 12,224 | 11,510 | 12,371 | |||
| Goodwill | 11,324 | 10,022 | 10,132 | 9,947 | 9,451 | 9,493 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 4,179 | 1,464 | 2,110 | 2,277 | 2,059 | 2,878 | |||
| Other noncurrent assets | 4,300 | 3,972 | 3,186 | 1,992 | 1,917 | 2,581 | |||
| Total noncurrent assets: | 24,493 | 19,742 | 19,473 | 18,028 | 17,067 | 19,633 | |||
| TOTAL ASSETS: | 84,190 | 75,140 | 67,443 | 62,320 | 63,298 | 65,015 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 66,713 | 60,155 | 52,012 | 46,685 | 42,629 | 42,962 | |||
| Accounts payable | 60,683 | 55,330 | 47,097 | 42,490 | 38,086 | 38,975 | |||
| Accrued liabilities | 6,030 | 4,825 | 4,915 | 4,195 | 4,543 | 3,987 | |||
| Debt | 1,132 | 1,191 | 50 | 968 | 799 | 742 | |||
| Disposal group, including discontinued operation | 5 | 4,741 | 9 | ||||||
| Other undisclosed current liabilities | 286 | 258 | 295 | 299 | 297 | 390 | |||
| Total current liabilities: | 68,131 | 61,604 | 52,357 | 47,957 | 48,466 | 44,103 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 5,425 | 4,463 | 5,579 | 4,626 | 5,080 | 6,406 | |||
| Finance lease, liability | 163 | 163 | 173 | 185 | 206 | ||||
| Other undisclosed long-term debt and lease obligation | 5,425 | 4,300 | 5,416 | 4,453 | 3,529 | 4,333 | |||
| Liabilities, other than long-term debt | 10,733 | 10,767 | 11,106 | 11,227 | 10,178 | 11,193 | |||
| Deferred income tax liabilities | 1,108 | 1,029 | 917 | 1,387 | 1,418 | 1,411 | |||
| Estimated litigation liability | 5,103 | 5,601 | 6,113 | 6,625 | 7,220 | 8,067 | |||
| Other liabilities | 2,741 | 2,659 | 2,610 | 1,813 | 1,540 | 1,715 | |||
| Operating lease, liability | 1,781 | 1,478 | 1,466 | 1,402 | 1,366 | 1,867 | |||
| Other undisclosed noncurrent liabilities | 1,366 | 1,867 | |||||||
| Total noncurrent liabilities: | 16,158 | 15,230 | 16,685 | 15,853 | 16,624 | 19,466 | |||
| Total liabilities: | 84,289 | 76,834 | 69,042 | 63,810 | 65,090 | 63,569 | |||
| Temporary equity, including noncontrolling interest | 802 | 1,271 | |||||||
| Equity | |||||||||
| Equity, attributable to parent | (1,298) | (2,074) | (1,971) | (1,857) | (2,272) | (21) | |||
| Common stock | 3 | 3 | 3 | 3 | 2 | 2 | |||
| Treasury stock, value | (29,654) | (27,439) | (24,119) | (20,997) | (17,045) | (13,670) | |||
| Additional paid in capital | 8,546 | 8,373 | 8,048 | 7,747 | 7,275 | 6,925 | |||
| Accumulated other comprehensive loss | (903) | (932) | (881) | (905) | (1,534) | (1,480) | |||
| Retained earnings | 20,710 | 17,921 | 14,978 | 12,295 | 9,030 | 8,202 | |||
| Equity, attributable to noncontrolling interest | 397 | 380 | 372 | 367 | 480 | 196 | |||
| Total equity: | (901) | (1,694) | (1,599) | (1,490) | (1,792) | 175 | |||
| TOTAL LIABILITIES AND EQUITY: | 84,190 | 75,140 | 67,443 | 62,320 | 63,298 | 65,015 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2026 | 12/31/2025 TTM | 3/31/2025 | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 433,590 | 359,051 | 308,951 | 276,711 | 263,966 | 238,228 | ||
| Cost of revenue (Cost of Product and Service Sold) | (419,004) | (345,728) | (296,123) | (264,353) | (250,836) | (226,080) | ||
| Gross profit: | 14,586 | 13,323 | 12,828 | 12,358 | 13,130 | 12,148 | ||
| Operating expenses | (8,795) | (8,901) | (8,919) | (7,977) | (11,092) | (17,188) | ||
| Operating income (loss): | 5,791 | 4,422 | 3,909 | 4,381 | 2,038 | (5,040) | ||
| Nonoperating income | 304 | 202 | 132 | 497 | 259 | 223 | ||
| Investment income, nonoperating | 173 | 118 | 107 | 10 | 12 | |||
| Other nonoperating income (expense) | (38) | 34 | 279 | 103 | 30 | |||
| Interest and debt expense | (279) | (265) | (252) | (248) | (369) | (217) | ||
| Income (loss) from continuing operations before income taxes: | 5,816 | 4,359 | 3,789 | 4,630 | 1,928 | (5,034) | ||
| Income tax expense (benefit) | (1,421) | (878) | (629) | (905) | (636) | 695 | ||
| Income (loss) from continuing operations: | 4,395 | 3,481 | 3,160 | 3,725 | 1,292 | (4,339) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | 1,287 | (4,340) | |
| Loss from discontinued operations | (3) | (5) | (1) | |||||
| Net income (loss): | 4,395 | 3,481 | 3,160 | 3,722 | 1,287 | (4,340) | ||
| Net loss attributable to noncontrolling interest | (231) | (186) | (158) | (162) | (173) | (199) | ||
| Net income (loss) available to common stockholders, diluted: | 4,164 | 3,295 | 3,002 | 3,560 | 1,114 | (4,539) | ||
Comprehensive Income ($ in millions)
| 3/31/2026 | 12/31/2025 TTM | 3/31/2025 | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 4,395 | 3,481 | 3,160 | 3,722 | 1,287 | (4,340) | ||
| Net loss attributable to redeemable noncontrolling interest | (12) | ✕ | ✕ | ✕ | ✕ | |||
| Other comprehensive income (loss) | (115) | (51) | 24 | 673 | 115 | 170 | ||
| Comprehensive income (loss): | 4,280 | 3,430 | 3,184 | 4,395 | 1,402 | (4,170) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (231) | (186) | (158) | (206) | (172) | (146) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 4,049 | 3,244 | 3,026 | 4,189 | 1,230 | (4,316) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.
An easy way to get professional financial analysis in one click
Load financial statements → click "Get report" → Your report is ready.
No financial analysis knowledge required!