McKesson Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $403.43B | $359.05B | $308.95B | $276.71B | $263.97B | $238.23B | $231.05B | $214.32B |
| Cost of Revenue | $388.88B | $345.73B | $296.12B | $264.35B | $250.84B | $226.08B | $219.03B | $202.57B |
| Gross Profit | $14.55B | $13.32B | $12.83B | $12.36B | $13.13B | $12.15B | $12.02B | $11.75B |
| Gross Margin | 3.6% | 3.7% | 4.2% | 4.5% | 5.0% | 5.1% | 5.2% | 5.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | $96.0M | $71.0M |
| SG&A Expense | $8.10B | $8.51B | $8.66B | $7.78B | $10.54B | $8.85B | $9.18B | $8.44B |
| Operating Income | $6.21B | $4.42B | $3.91B | $4.38B | $2.04B | $-5.04B | $2.49B | $886.0M |
| Operating Margin | 1.5% | 1.2% | 1.3% | 1.6% | 0.8% | -2.1% | 1.1% | 0.4% |
| Interest Expense | — | — | $252.0M | $248.0M | $178.0M | $217.0M | $249.0M | $264.0M |
| Pretax Income | $6.20B | $4.36B | $3.79B | $4.63B | $1.93B | $-5.03B | $1.14B | $610.0M |
| Income Tax Expense | $1.10B | $878.0M | $629.0M | $905.0M | $636.0M | $-695.0M | $18.0M | $356.0M |
| Net Income | $4.76B | $3.30B | $3.00B | $3.56B | $1.11B | $-4.54B | $900.0M | $34.0M |
| Net Margin | 1.2% | 0.9% | 1.0% | 1.3% | 0.4% | -1.9% | 0.4% | 0.0% |
| EPS (Basic) | $38.55 | $25.86 | $22.54 | $25.23 | $7.32 | $-28.26 | $4.98 | $0.17 |
| EPS (Diluted) | $38.38 | $25.72 | $22.39 | $25.03 | $7.23 | $-28.26 | $4.95 | $0.17 |
| Shares Outstanding (Basic) | 123.6M | 127.4M | 133.2M | 141.1M | 152.3M | 160.6M | 180.6M | 196.3M |
| Shares Outstanding (Diluted) | 124.1M | 128.1M | 134.1M | 142.2M | 154.1M | 160.6M | 181.6M | 197.3M |
| Dividends Per Share | $3.17 | $2.75 | $2.40 | $2.09 | $1.83 | $1.67 | $1.62 | $1.51 |