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.
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.
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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
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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.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.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 |
McKesson income statement Correlations
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McKesson Account Relationship Matchups
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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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Try AI Portfolio ArchitectCheck 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.