McKesson Historical Income Statement

MCK Stock

USD 570.98 8.20 1.46%

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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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.

Selling General Administrative Other Operating Expenses Operating Income Ebit Ebitda Total Operating Expenses

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.

Operating Income

Operating Income is the amount of profit realized from McKesson operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of McKesson is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

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 Profit	13.1B	12.4B	12.6B	7.2B
Total Revenue	264.0B	276.7B	309.0B	324.4B

Gross Profit Total Revenue

McKesson income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Discontinued Operations	Minority Interest	Tax Provision	Extraordinary Items	Interest Income	Net Interest Income
Depreciation And Amortization		0.04	0.36	0.23	0.22	0.23	0.21	-0.45	-0.29	0.23	0.22	-0.24	0.09	-0.29	-0.13	0.03	-0.71	-0.32	0.33	0.29	-0.2	-0.28	-0.19	-0.31	0.27	0.14
Interest Expense	0.04		0.06	0.27	0.62	0.26	0.38	0.42	0.45	0.25	0.53	0.32	0.05	0.22	0.42	0.49	0.47	0.16	-0.15	-0.05	-0.3	0.28	0.15	0.12	0.03	-0.23
Selling General Administrative	0.36	0.06		0.58	0.72	0.58	0.17	-0.22	-0.17	0.57	0.78	-0.23	-0.04	-0.27	-0.25	-0.61	-0.47	-0.29	0.16	0.37	0.41	0.25	-0.45	0.28	-0.51	0.41
Total Revenue	0.23	0.27	0.58		0.73	1.0	0.5	0.28	0.35	1.0	0.71	0.22	-0.05	0.19	0.02	-0.43	-0.24	0.15	0.65	0.12	0.49	-0.1	-0.28	0.41	-0.63	0.79
Gross Profit	0.22	0.62	0.72	0.73		0.73	0.41	0.21	0.26	0.72	0.98	0.09	-0.05	0.01	0.11	-0.28	-0.06	-0.03	0.15	0.25	0.25	0.28	-0.22	0.42	-0.53	0.35
Other Operating Expenses	0.23	0.26	0.58	1.0	0.73		0.49	0.27	0.35	1.0	0.71	0.22	-0.05	0.19	0.02	-0.43	-0.24	0.14	0.65	0.12	0.5	-0.11	-0.28	0.41	-0.63	0.8
Operating Income	0.21	0.38	0.17	0.5	0.41	0.49		0.23	0.3	0.49	0.31	0.59	0.79	0.55	0.6	0.21	-0.16	0.51	0.52	-0.06	-0.09	-0.21	0.42	-0.17	-0.17	0.11
Ebit	-0.45	0.42	-0.22	0.28	0.21	0.27	0.23		0.98	0.28	0.13	0.84	0.01	0.83	0.71	0.21	0.48	0.82	0.12	-0.75	-0.02	-0.13	0.59	0.18	-0.22	0.04
Ebitda	-0.29	0.45	-0.17	0.35	0.26	0.35	0.3	0.98		0.35	0.17	0.86	0.03	0.84	0.73	0.22	0.37	0.82	0.21	-0.75	-0.06	-0.2	0.59	0.13	-0.18	0.09
Cost Of Revenue	0.23	0.25	0.57	1.0	0.72	1.0	0.49	0.28	0.35		0.7	0.22	-0.05	0.19	0.02	-0.43	-0.25	0.15	0.66	0.12	0.5	-0.11	-0.28	0.41	-0.63	0.8
Total Operating Expenses	0.22	0.53	0.78	0.71	0.98	0.71	0.31	0.13	0.17	0.7		0.0	-0.1	-0.08	0.02	-0.36	-0.07	-0.12	0.07	0.27	0.26	0.24	-0.3	0.44	-0.61	0.41
Income Before Tax	-0.24	0.32	-0.23	0.22	0.09	0.22	0.59	0.84	0.86	0.22	0.0		0.52	0.99	0.91	0.36	0.26	0.98	0.31	-0.8	-0.22	-0.37	0.83	-0.17	-0.11	-0.02
Total Other Income Expense Net	0.09	0.05	-0.04	-0.05	-0.05	-0.05	0.79	0.01	0.03	-0.05	-0.1	0.52		0.51	0.6	0.34	-0.12	0.5	0.25	-0.2	-0.35	-0.27	0.61	-0.5	0.07	-0.23
Net Income	-0.29	0.22	-0.27	0.19	0.01	0.19	0.55	0.83	0.84	0.19	-0.08	0.99	0.51		0.88	0.32	0.24	1.0	0.34	-0.82	-0.18	-0.39	0.83	-0.17	-0.1	0.0
Income Tax Expense	-0.13	0.42	-0.25	0.02	0.11	0.02	0.6	0.71	0.73	0.02	0.02	0.91	0.6	0.88		0.51	0.22	0.86	0.11	-0.7	-0.4	-0.32	0.93	-0.33	0.06	-0.29
Research Development	0.03	0.49	-0.61	-0.43	-0.28	-0.43	0.21	0.21	0.22	-0.43	-0.36	0.36	0.34	0.32	0.51		0.38	0.29	-0.27	-0.39	-0.63	-0.25	0.55	-0.51	0.64	-0.59
Selling And Marketing Expenses	-0.71	0.47	-0.47	-0.24	-0.06	-0.24	-0.16	0.48	0.37	-0.25	-0.07	0.26	-0.12	0.24	0.22	0.38		0.26	-0.42	-0.3	-0.32	0.32	0.19	0.12	-0.02	-0.29
Net Income From Continuing Ops	-0.32	0.16	-0.29	0.15	-0.03	0.14	0.51	0.82	0.82	0.15	-0.12	0.98	0.5	1.0	0.86	0.29	0.26		0.33	-0.84	-0.2	-0.39	0.84	-0.17	-0.09	-0.01
Non Operating Income Net Other	0.33	-0.15	0.16	0.65	0.15	0.65	0.52	0.12	0.21	0.66	0.07	0.31	0.25	0.34	0.11	-0.27	-0.42	0.33		-0.07	0.26	-0.41	0.03	-0.14	-0.12	0.61
Non Recurring	0.29	-0.05	0.37	0.12	0.25	0.12	-0.06	-0.75	-0.75	0.12	0.27	-0.8	-0.2	-0.82	-0.7	-0.39	-0.3	-0.84	-0.07		0.28	0.48	-0.76	0.3	-0.13	0.1
Discontinued Operations	-0.2	-0.3	0.41	0.49	0.25	0.5	-0.09	-0.02	-0.06	0.5	0.26	-0.22	-0.35	-0.18	-0.4	-0.63	-0.32	-0.2	0.26	0.28		0.08	-0.48	0.55	-0.53	0.6
Minority Interest	-0.28	0.28	0.25	-0.1	0.28	-0.11	-0.21	-0.13	-0.2	-0.11	0.24	-0.37	-0.27	-0.39	-0.32	-0.25	0.32	-0.39	-0.41	0.48	0.08		-0.39	0.4	-0.1	-0.36
Tax Provision	-0.19	0.15	-0.45	-0.28	-0.22	-0.28	0.42	0.59	0.59	-0.28	-0.3	0.83	0.61	0.83	0.93	0.55	0.19	0.84	0.03	-0.76	-0.48	-0.39		-0.48	0.25	-0.43
Extraordinary Items	-0.31	0.12	0.28	0.41	0.42	0.41	-0.17	0.18	0.13	0.41	0.44	-0.17	-0.5	-0.17	-0.33	-0.51	0.12	-0.17	-0.14	0.3	0.55	0.4	-0.48		-0.6	0.34
Interest Income	0.27	0.03	-0.51	-0.63	-0.53	-0.63	-0.17	-0.22	-0.18	-0.63	-0.61	-0.11	0.07	-0.1	0.06	0.64	-0.02	-0.09	-0.12	-0.13	-0.53	-0.1	0.25	-0.6		-0.65
Net Interest Income	0.14	-0.23	0.41	0.79	0.35	0.8	0.11	0.04	0.09	0.8	0.41	-0.02	-0.23	0.0	-0.29	-0.59	-0.29	-0.01	0.61	0.1	0.6	-0.36	-0.43	0.34	-0.65

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McKesson Account Relationship Matchups

McKesson income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	206.3K	1.2B	1.0B	857M	635M	394.6M
Interest Expense	249M	217M	178M	248M	252M	178.7M
Selling General Administrative	18.3B	17.7B	21.1B	15.6B	6.9B	6.1B
Total Revenue	231.1B	238.2B	264.0B	276.7B	309.0B	324.4B
Gross Profit	12.0B	12.1B	13.1B	12.4B	12.6B	7.2B
Other Operating Expenses	228.3B	234.9B	261.4B	272.1B	305.0B	320.3B
Operating Income	1.7B	3.5B	2.9B	4.4B	3.9B	4.1B
Ebit	2.6B	(4.8B)	2.1B	4.9B	4.0B	4.2B
Ebitda	2.6B	(3.6B)	3.1B	5.7B	4.7B	4.9B
Cost Of Revenue	219.0B	226.1B	250.8B	264.4B	296.4B	311.2B
Total Operating Expenses	9.3B	8.8B	10.5B	7.8B	8.7B	5.3B
Income Before Tax	1.1B	(5.0B)	1.9B	4.6B	3.8B	4.0B
Total Other Income Expense Net	(519M)	6M	(110M)	249M	(120M)	(126M)
Net Income	900M	(4.3B)	1.1B	3.6B	3.0B	3.2B
Income Tax Expense	18M	(695M)	636M	905M	629M	396.6M
Research Development	96M	74M	70M	89M	179M	191.4M
Net Income Applicable To Common Shares	900M	(4.5B)	1.1B	3.6B	4.1B	4.3B
Selling And Marketing Expenses	9.2B	(8.8B)	(10.5B)	(7.8B)	1.1B	1.3B
Net Income From Continuing Ops	1.1B	(4.3B)	1.3B	3.7B	3.2B	3.3B
Non Operating Income Net Other	12M	223M	68M	497M	571.6M	600.1M
Non Recurring	270M	8.3B	274M	(8M)	(9.2M)	(8.7M)
Discontinued Operations	(6M)	(1M)	(5M)	(3M)	(3.5M)	(3.6M)
Minority Interest	220M	199M	(173M)	162M	(158M)	(150.1M)
Tax Provision	18M	(695M)	636M	905M	629M	410.6M
Extraordinary Items	(6M)	(1M)	(5M)	(3M)	(3.5M)	(3.3M)
Interest Income	49M	217M	10M	248M	118M	98.8M
Net Interest Income	(200M)	(217M)	(178M)	(248M)	(134M)	(140.7M)
Reconciled Depreciation	922M	887M	760M	608M	635M	652.8M

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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:

How To Invest In McKesson

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Is McKesson Stock a good investment?

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What is McKesson's Net Worth?

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Largest Health Care Providers & Services Companies

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Largest Health Care Equipment & Services Companies

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For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.

You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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

19.36

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.

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McKesson Historical Income Statement

About McKesson Income Statement Analysis

McKesson Income Statement Chart

Other Operating Expenses

Operating Income

Total Operating Expenses

McKesson income statement Correlations

McKesson Account Relationship Matchups

High Positive Relationship

High Negative Relationship

McKesson income statement Accounts

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COMMON DESTINATIONS

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COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Net Income From Continuing Ops	+ 1.0	Net Income
Net Income	+ 0.99	Income Before Tax
Total Operating Expenses	+ 0.98	Gross Profit

Non Recurring	- 0.84	Net Income From Continuing Ops
Non Recurring	- 0.82	Net Income
Non Recurring	- 0.8	Income Before Tax
Tax Provision	- 0.76	Non Recurring
Non Recurring	- 0.75	Ebitda
Non Recurring	- 0.75	Ebit