McKesson Historical Income Statement

MCK Stock  USD 579.74  0.00  0.00%   
Historical analysis of McKesson income statement accounts such as Total Revenue of 324.4 B can show how well McKesson performed in making a profits. Evaluating McKesson income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of McKesson's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining McKesson latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether McKesson is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.

About McKesson Income Statement Analysis

McKesson Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to McKesson shareholders. The income statement also shows McKesson investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

McKesson Income Statement Chart

At this time, McKesson's Cost Of Revenue is quite stable compared to the past year. Income Before Tax is expected to rise to about 4 B this year, although the value of Selling General Administrative will most likely fall to about 6.1 B.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts McKesson generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of McKesson minus its cost of goods sold. It is profit before McKesson operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of McKesson. It is also known as McKesson overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from McKesson's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into McKesson current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.At this time, McKesson's Cost Of Revenue is quite stable compared to the past year. Income Before Tax is expected to rise to about 4 B this year, although the value of Selling General Administrative will most likely fall to about 6.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit13.1B12.4B12.6B7.2B
Total Revenue264.0B276.7B309.0B324.4B

McKesson income statement Correlations

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0.040.060.270.620.260.380.420.450.250.530.320.050.220.420.490.420.16-0.15-0.05-0.30.280.150.120.03-0.23
0.360.060.580.720.580.17-0.22-0.170.570.78-0.23-0.04-0.27-0.25-0.610.78-0.290.160.370.410.25-0.450.28-0.510.41
0.230.270.580.731.00.50.280.351.00.710.22-0.050.190.02-0.430.320.150.650.120.49-0.1-0.280.41-0.630.79
0.220.620.720.730.730.410.210.260.720.980.09-0.050.010.11-0.280.76-0.030.150.250.250.28-0.220.42-0.530.35
0.230.260.581.00.730.490.270.351.00.710.22-0.050.190.02-0.430.320.140.650.120.5-0.11-0.280.41-0.630.8
0.210.380.170.50.410.490.230.30.490.310.590.790.550.60.210.110.510.52-0.06-0.09-0.210.42-0.17-0.170.11
-0.450.42-0.220.280.210.270.230.980.280.130.840.010.830.710.21-0.020.820.12-0.75-0.02-0.130.590.18-0.220.04
-0.290.45-0.170.350.260.350.30.980.350.170.860.030.840.730.22-0.020.820.21-0.75-0.06-0.20.590.13-0.180.09
0.230.250.571.00.721.00.490.280.350.70.22-0.050.190.02-0.430.30.150.660.120.5-0.11-0.280.41-0.630.8
0.220.530.780.710.980.710.310.130.170.70.0-0.1-0.080.02-0.360.8-0.120.070.270.260.24-0.30.44-0.610.41
-0.240.32-0.230.220.090.220.590.840.860.220.00.520.990.910.36-0.160.980.31-0.8-0.22-0.370.83-0.17-0.11-0.02
0.090.05-0.04-0.05-0.05-0.050.790.010.03-0.05-0.10.520.510.60.34-0.090.50.25-0.2-0.35-0.270.61-0.50.07-0.23
-0.290.22-0.270.190.010.190.550.830.840.19-0.080.990.510.880.32-0.241.00.34-0.82-0.18-0.390.83-0.17-0.10.0
-0.130.42-0.250.020.110.020.60.710.730.020.020.910.60.880.51-0.030.860.11-0.7-0.4-0.320.93-0.330.06-0.29
0.030.49-0.61-0.43-0.28-0.430.210.210.22-0.43-0.360.360.340.320.51-0.360.29-0.27-0.39-0.63-0.250.55-0.510.64-0.59
0.090.420.780.320.760.320.11-0.02-0.020.30.8-0.16-0.09-0.24-0.03-0.36-0.25-0.270.350.120.55-0.260.39-0.43-0.02
-0.320.16-0.290.15-0.030.140.510.820.820.15-0.120.980.51.00.860.29-0.250.33-0.84-0.2-0.390.84-0.17-0.09-0.01
0.33-0.150.160.650.150.650.520.120.210.660.070.310.250.340.11-0.27-0.270.33-0.070.26-0.410.03-0.14-0.120.61
0.29-0.050.370.120.250.12-0.06-0.75-0.750.120.27-0.8-0.2-0.82-0.7-0.390.35-0.84-0.070.280.48-0.760.3-0.130.1
-0.2-0.30.410.490.250.5-0.09-0.02-0.060.50.26-0.22-0.35-0.18-0.4-0.630.12-0.20.260.280.08-0.480.55-0.530.6
-0.280.280.25-0.10.28-0.11-0.21-0.13-0.2-0.110.24-0.37-0.27-0.39-0.32-0.250.55-0.39-0.410.480.08-0.390.4-0.1-0.36
-0.190.15-0.45-0.28-0.22-0.280.420.590.59-0.28-0.30.830.610.830.930.55-0.260.840.03-0.76-0.48-0.39-0.480.25-0.43
-0.310.120.280.410.420.41-0.170.180.130.410.44-0.17-0.5-0.17-0.33-0.510.39-0.17-0.140.30.550.4-0.48-0.60.34
0.270.03-0.51-0.63-0.53-0.63-0.17-0.22-0.18-0.63-0.61-0.110.07-0.10.060.64-0.43-0.09-0.12-0.13-0.53-0.10.25-0.6-0.65
0.14-0.230.410.790.350.80.110.040.090.80.41-0.02-0.230.0-0.29-0.59-0.02-0.010.610.10.6-0.36-0.430.34-0.65
Click cells to compare fundamentals

McKesson Account Relationship Matchups

McKesson income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization206.3K1.2B1.0B857M635M394.6M
Interest Expense249M217M178M248M252M178.7M
Selling General Administrative18.3B17.7B21.1B15.6B6.9B6.1B
Total Revenue231.1B238.2B264.0B276.7B309.0B324.4B
Gross Profit12.0B12.1B13.1B12.4B12.6B7.2B
Other Operating Expenses228.3B234.9B261.4B272.1B305.0B320.3B
Operating Income1.7B3.5B2.9B4.4B3.9B4.1B
Ebit2.6B(4.8B)2.1B4.9B4.0B4.2B
Ebitda2.6B(3.6B)3.1B5.7B4.7B4.9B
Cost Of Revenue219.0B226.1B250.8B264.4B296.4B311.2B
Total Operating Expenses9.3B8.8B10.5B7.8B8.7B5.3B
Income Before Tax1.1B(5.0B)1.9B4.6B3.8B4.0B
Total Other Income Expense Net(519M)6M(110M)249M(120M)(126M)
Net Income900M(4.3B)1.1B3.6B3.0B3.2B
Income Tax Expense18M(695M)636M905M629M396.6M
Research Development96M74M70M89M179M191.4M
Net Income Applicable To Common Shares900M(4.5B)1.1B3.6B4.1B4.3B
Selling And Marketing Expenses9.2B8.8B10.5B7.8B1.1B1.0B
Net Income From Continuing Ops1.1B(4.3B)1.3B3.7B3.2B3.3B
Non Operating Income Net Other12M223M68M497M571.6M600.1M
Non Recurring270M8.3B274M(8M)(9.2M)(8.7M)
Discontinued Operations(6M)(1M)(5M)(3M)(3.5M)(3.6M)
Minority Interest220M199M(173M)162M(158M)(150.1M)
Tax Provision18M(695M)636M905M629M410.6M
Extraordinary Items(6M)(1M)(5M)(3M)(3.5M)(3.3M)
Interest Income49M217M10M248M118M98.8M
Net Interest Income(200M)(217M)(178M)(248M)(134M)(140.7M)
Reconciled Depreciation922M887M760M608M635M652.8M

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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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
19.31
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.