McKesson Corporation

Health Care Health Care Distributors Irving, Texas Last filing May 8, 2026 · FY2026

                    Revenue
                    FY2026
                
$403.4B
                    3y CAGR +13.4%
                    
                    P100
                    
                    +12.4%
                    
                    Net income
                    FY2026
                
$4.8B
                    Net margin +1.2%
                    
                    P40
                    
                    +44.5%
                    
                    Total assets
                    FY2026
                
$82.3B
                    ROA +5.8%
                    
                    P60
                    
                    +9.6%
                    
                    Operating cash flow
                    FY2026
                
$6.2B
                    FCF margin +1.4%
                    
                    P20
                    
                    +1.2%

19 yrs · FY2008–FY2026 8 filed · 1 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s total assets.

Balance Sheet

Assets, liabilities, and equity

30 accounts · 10 years

Total assets $82.3B

Total liabilities ~$84.5B

Shareholders equity $-2.2B

Account	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017
Assets
Cash and Cash Equivalents	4.8%	7.6%	6.8%	7.5%	5.6%	9.7%	6.6%	5.0%	4.4%	4.6%
Accounts Receivable	34.0%	34.1%	32.1%	31.1%	29.4%	29.5%	32.6%	30.6%	29.3%	29.9%
Inventory	29.4%	30.6%	31.3%	31.6%	29.5%	29.5%	27.3%	28.0%	27.0%	25.1%
Prepaid Expenses	1.3%	1.4%	0.9%	0.8%	1.4%	1.0%	1.0%	0.9%	0.7%	1.1%
Total Current Assets	69.5%	73.7%	71.1%	71.1%	73.0%	69.8%	68.9%	64.5%	61.5%	60.6%
Property,Plant and Equipment	3.2%	3.3%	3.4%	3.5%	3.3%	4.0%	3.9%	4.3%	4.1%	3.8%
Operating Lease Assets	2.5%	2.4%	2.6%	2.6%	2.4%	3.2%	3.1%	—	—	—
Goodwill	13.7%	13.3%	15.0%	16.0%	14.9%	14.6%	15.3%	15.7%	18.1%	17.4%
Intangible Assets	5.0%	1.9%	3.1%	3.7%	3.3%	4.4%	5.2%	6.2%	6.8%	6.0%
Other Noncurrent Assets	6.1%	5.3%	4.7%	3.2%	3.0%	4.0%	3.7%	3.5%	3.4%	5.6%
Total Assets	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%
Liabilities
Accounts Payable	72.9%	73.6%	69.8%	68.2%	60.2%	59.9%	60.7%	56.7%	53.3%	50.9%
Accrued Liabilities	6.7%	6.4%	7.3%	6.7%	7.2%	6.1%	5.5%	5.8%	5.6%	4.9%
Current Portion of Long Term Debt	1.5%	1.6%	0.1%	1.6%	1.3%	1.1%	1.7%	0.6%	1.9%	2.0%
Operating Lease Liabilities	0.3%	0.3%	0.4%	0.5%	0.5%	0.6%	0.6%	—	—	—
Total Current Liabilities	81.4%	82.0%	77.6%	77.0%	76.6%	67.8%	69.6%	63.1%	60.8%	58.4%
Long Term Debt	6.4%	5.9%	8.3%	7.4%	8.0%	9.9%	10.3%	12.2%	11.2%	12.0%
Operating Lease Liabilities Noncurrent	2.2%	2.0%	2.2%	2.2%	2.2%	2.9%	2.7%	—	—	—
Deferred Tax Liabilities	1.6%	1.4%	1.4%	2.2%	2.2%	2.2%	3.7%	5.0%	4.6%	6.0%
Other Noncurrent Liabilities	9.4%	11.0%	12.9%	13.5%	13.8%	15.0%	2.7%	3.5%	4.3%	2.9%
Equity
Preferred Stock	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Common Stock	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Additional Paid In Capital	10.1%	11.1%	11.9%	12.4%	11.5%	10.7%	10.9%	10.8%	10.2%	9.9%
Retained Earnings	27.1%	23.9%	22.2%	19.7%	14.3%	12.6%	21.3%	20.8%	21.5%	21.6%
Treasury Stock	38.9%	36.5%	35.8%	33.7%	26.9%	21.0%	21.0%	14.9%	12.7%	9.8%
Accumulated Other Comprehensive Income	-0.9%	-1.2%	-1.3%	-1.5%	-2.4%	-2.3%	-2.8%	-3.1%	-2.8%	-3.5%
Total Stockholders Equity	-2.6%	-2.8%	-2.9%	-3.0%	-3.6%	-0.0%	8.3%	13.6%	16.2%	18.2%
Noncontrolling Interest	0.5%	0.5%	0.6%	0.6%	0.8%	0.3%	0.4%	0.3%	0.4%	0.3%
Temporary Equity and Other	1.1%	0.0%	—	—	—	2.0%	2.3%	2.3%	2.4%	2.2%
Total Liabilitiesand Equity	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%

Income Statement

Revenue, expense, and profitability

16 accounts · 10 years

Revenue $403.4B

Operating income $6.2B

Net income $4.8B

Account	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017
IncomeStatement
Revenues Total Revenue	490.1%	477.8%	458.1%	444.0%	417.0%	366.4%	377.2%	359.2%	345.1%	325.6%
Expenses Cost of Revenue	472.4%	460.1%	439.1%	424.2%	396.3%	347.7%	357.6%	339.5%	326.5%	307.1%
Other Income Expense Gross Profit	17.7%	17.7%	19.0%	19.8%	20.7%	18.7%	19.6%	19.7%	18.5%	18.5%
Expenses Selling,General and Administrative	9.8%	11.3%	12.8%	12.5%	16.6%	13.6%	15.0%	14.1%	13.5%	12.2%
Expenses Restructuring and Asset Impairment	0.3%	0.4%	0.2%	0.3%	0.4%	0.1%	0.0%	4.0%	3.8%	0.5%
Expenses Other Operating Expenses	-0.0%	0.1%	0.2%	-0.0%	0.4%	12.7%	0.6%	0.1%	-0.1%	0.0%
Expenses Operating Expenses	10.1%	11.8%	13.2%	12.8%	17.5%	26.4%	15.6%	18.2%	17.3%	6.8%
Other Income Expense Operating Income	7.5%	5.9%	5.8%	7.0%	3.2%	-7.8%	4.1%	1.5%	1.3%	11.7%
Other Income Expense Interest Expense	0.3%	0.4%	0.4%	0.4%	0.3%	0.3%	0.4%	0.4%	0.5%	0.5%
Income Tax Income Tax Expense	1.3%	1.2%	0.9%	1.5%	1.0%	-1.1%	0.0%	0.6%	-0.1%	2.6%
net Income Other Items Below Tax	-0.1%	0.0%	-0.0%	-0.3%	-0.3%	-0.3%	-0.4%	-0.4%	-0.4%	-0.3%
net Income net Income	5.8%	4.4%	4.5%	5.7%	1.8%	-7.0%	1.5%	0.1%	0.1%	8.3%
net Income Comprehensive Income	6.0%	4.3%	4.5%	6.7%	1.9%	-6.6%	1.7%	-0.2%	0.8%	7.4%
Earnings Per Share Basic Eps	0.0%	0.0%	0.0%	0.0%	0.0%	-0.0%	0.0%	0.0%	0.0%	0.0%
Earnings Per Share Diluted Eps	0.0%	0.0%	0.0%	0.0%	0.0%	-0.0%	0.0%	0.0%	0.0%	0.0%
Earnings Per Share Weighted Average Shares Diluted	0.2%	0.2%	0.2%	0.2%	0.2%	0.2%	0.3%	0.3%	0.3%	0.4%

Cash Flow Statement

Operating, investing, and financing flows

20 accounts · 10 years

Operating cash flow $6.2B

Investing cash flow $-3.4B

Financing cash flow $-4.6B

Account	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017
CashFlow
Operating Activities net Income	6.2%	4.6%	4.7%	6.0%	2.0%	-6.7%	1.8%	0.4%	0.5%	8.5%
Operating Activities Depreciation and Amortization	0.9%	0.8%	0.9%	1.0%	1.2%	1.4%	1.5%	1.6%	1.6%	1.5%
Operating Activities Deferred Income Taxes	0.3%	-0.1%	-0.9%	-0.0%	0.1%	-1.4%	-0.6%	0.3%	-1.4%	1.4%
Operating Activities Changes In Operating Assets and Liabilities	0.1%	1.1%	0.9%	0.8%	0.1%	12.5%	0.7%	0.7%	2.7%	2.1%
Operating Activities Other Non Cash Items	0.1%	1.7%	0.7%	0.6%	3.6%	1.2%	3.7%	3.4%	3.3%	0.7%
Operating Activities net Cash From Operating Activities	7.5%	8.1%	6.4%	8.3%	7.0%	7.0%	7.1%	6.8%	7.2%	7.8%
Investing Activities Capital Expenditures	-0.5%	-0.7%	-0.6%	-0.6%	-0.6%	-0.7%	-0.6%	-0.7%	-0.7%	-0.7%
Investing Activities Business Acquisitions	-4.1%	-0.0%	-0.4%	-1.4%	-0.0%	-0.1%	-0.2%	-1.5%	-4.8%	-6.9%
Investing Activities Proceeds From Sale of Investments	1.0%	0.2%	0.1%	1.7%	0.9%	0.6%	0.1%	0.2%	0.6%	0.3%
Investing Activities Other Investing Activities	-0.5%	-0.5%	-0.6%	-0.6%	-0.4%	-0.5%	-0.2%	-0.3%	-0.3%	-0.1%
Investing Activities net Cash From Investing Activities	-4.2%	-1.0%	-1.6%	-0.9%	-0.1%	-0.6%	-0.9%	-2.3%	-5.0%	-5.4%
Financing Activities Proceeds From Debt	13.6%	20.7%	31.1%	15.2%	18.5%	10.5%	35.0%	64.3%	36.5%	16.6%
Financing Activities Repayment of Debt	-12.7%	-20.8%	-31.0%	-15.6%	-20.6%	-11.3%	-35.5%	-64.3%	-38.3%	-16.0%
Financing Activities Repurchase of Common Stock	-5.8%	-4.2%	-4.5%	-5.8%	-5.6%	-1.1%	-3.2%	-2.7%	-2.8%	-3.8%
Financing Activities Dividends Paid	-0.5%	-0.5%	-0.5%	-0.5%	-0.4%	-0.4%	-0.5%	-0.5%	-0.4%	-0.4%
Financing Activities Proceeds From Stock Issuance	0.1%	0.1%	0.2%	0.3%	0.3%	0.1%	0.2%	0.1%	0.2%	0.2%
Financing Activities Other Financing Activities	-0.5%	-0.7%	-0.3%	-0.5%	-2.2%	-0.3%	-0.5%	-0.6%	-0.3%	-0.0%
Financing Activities net Cash From Financing Activities	-5.6%	-5.3%	-5.0%	-7.0%	-10.0%	-2.6%	-4.5%	-3.7%	-5.1%	-3.4%
Cash Reconciliation Effect of Exchange Rate On Cash	0.0%	-0.0%	0.0%	0.0%	0.1%	-0.1%	-0.0%	-0.2%	0.2%	-0.2%
Cash Reconciliation net Change In Cash	-2.3%	1.8%	-0.1%	1.2%	-3.9%	3.6%	1.7%	0.5%	-2.6%	-1.2%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 10 years

Ratio	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017
Profitability
Gross margin	+3.6%	+3.7%	+4.2%	+4.5%	+5.0%	+5.1%	+5.2%	+5.5%	+5.4%	+5.7%
Operating margin	+1.5%	+1.2%	+1.3%	+1.6%	+0.8%	-2.1%	+1.1%	+0.4%	+0.4%	+3.6%
Net margin	+1.2%	+0.9%	+1.0%	+1.3%	+0.4%	-1.9%	+0.4%	+0.0%	+0.0%	+2.6%
FCF margin	+1.4%	+1.5%	+1.3%	+1.7%	+1.5%	+1.7%	+1.7%	+1.7%	+1.9%	+2.2%
Growth
Revenue CAGR (3y)	+13.4%	+10.8%	+9.1%	+6.2%	+7.2%	+4.6%	+5.2%	+3.9%	+5.2%	+13.1%
Returns
ROE	-219.2%	-158.9%	-152.3%	-191.7%	-49.0%	+21614.3%	+17.7%	+0.4%	+0.7%	+45.7%
ROA	+5.8%	+4.4%	+4.5%	+5.7%	+1.8%	-7.0%	+1.5%	+0.1%	+0.1%	+8.3%
ROIC	+1639.1%	-209.5%	-422.6%	-374.6%	+1821.0%	-593.6%	+28.9%	+2.9%	+5.1%	+32.4%
Liquidity
Current ratio	0.85x	0.90x	0.92x	0.92x	0.95x	1.03x	0.99x	1.02x	1.01x	1.04x
Quick ratio	0.48x	0.51x	0.50x	0.50x	0.46x	0.58x	0.56x	0.56x	0.56x	0.59x
Leverage
D/E	-38.90x	-37.23x	-35.22x	-34.56x	-28.86x	-3096.95x	11.03x	6.37x	5.16x	4.50x
Interest coverage	25.15x	16.69x	15.51x	17.67x	11.45x	-23.23x	10.00x	3.36x	2.69x	23.12x
Efficiency
Asset turnover	4.90x	4.78x	4.58x	4.44x	4.17x	3.66x	3.77x	3.59x	3.45x	3.26x
Cash conversion cycle	-8d	-8d	-6d	-6d	-3d	-3d	-3d	+0d	+2d	+3d

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McKesson Corporation

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