McKesson Income Before Tax from 2010 to 2024

MCK Stock  USD 562.78  7.29  1.28%   
McKesson Income Before Tax yearly trend continues to be quite stable with very little volatility. Income Before Tax may rise above about 4 B this year. From the period between 2010 and 2024, McKesson, Income Before Tax regression line of its data series had standard deviation of  2,666,612,906 and standard deviation of  2,666,612,906. View All Fundamentals
 
Income Before Tax  
First Reported
1994-12-31
Previous Quarter
1.1 B
Current Value
534 M
Quarterly Volatility
904.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check McKesson financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among McKesson's main balance sheet or income statement drivers, such as Depreciation And Amortization of 394.6 M, Interest Expense of 178.7 M or Selling General Administrative of 6.1 B, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0042 or Days Sales Outstanding of 22.93. McKesson financial statements analysis is a perfect complement when working with McKesson Valuation or Volatility modules.
  
Check out the analysis of McKesson Correlation against competitors.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.

Latest McKesson's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of McKesson over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on McKesson income statement and is an important metric when analyzing McKesson profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is McKesson's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in McKesson's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

McKesson Income Before Tax Regression Statistics

Arithmetic Mean1,995,650,000
Geometric Mean1,745,102,457
Coefficient Of Variation133.62
Mean Deviation1,776,253,333
Median1,928,000,000
Standard Deviation2,666,612,906
Sample Variance7110824.4T
Range11.9B
R-Value0.11
Mean Square Error7559072.5T
R-Squared0.01
Significance0.69
Slope67,707,321
Total Sum of Squares99551541.5T

McKesson Income Before Tax History

2024B
20233.8 B
20224.6 B
20211.9 B
2020-5 B
20191.1 B
2018610 M

About McKesson Financial Statements

McKesson investors utilize fundamental indicators, such as Income Before Tax, to predict how McKesson Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax3.8 BB

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When determining whether McKesson is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if McKesson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mckesson Stock. Highlighted below are key reports to facilitate an investment decision about Mckesson Stock:
Check out the analysis of McKesson Correlation against competitors.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of McKesson. If investors know McKesson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about McKesson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Dividend Share
2.57
Earnings Share
19.3
Revenue Per Share
2.5 K
Quarterly Revenue Growth
0.213
The market value of McKesson is measured differently than its book value, which is the value of McKesson that is recorded on the company's balance sheet. Investors also form their own opinion of McKesson's value that differs from its market value or its book value, called intrinsic value, which is McKesson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because McKesson's market value can be influenced by many factors that don't directly affect McKesson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between McKesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if McKesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McKesson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.