McKesson Historical Income Statement
| MCK Stock | USD 551.58 3.03 0.55% |
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.
McKesson |
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
McKesson Income Statement is one of the three primary financial statements used for reporting McKesson's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of McKesson revenue and expense. McKesson Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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 Gross Profit will most likely fall to about 7.2 B. Add Fundamental
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 tightly coupled 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 Gross Profit will most likely fall to about 7.2 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 13.1B | 12.4B | 12.2B | 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 | 922M | 887M | 760M | 1.3B | 635M | 559.2M | |
| Interest Expense | 249M | 217M | 178M | 248M | 252M | 178.7M | |
| Selling General Administrative | 18.3B | 17.7B | 21.1B | 15.6B | 17.3B | 18.2B | |
| Total Revenue | 231.1B | 238.2B | 264.0B | 276.7B | 309.0B | 324.4B | |
| Gross Profit | 12.0B | 12.1B | 13.1B | 12.4B | 12.2B | 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 | 1.7B | 3.5B | 2.9B | 4.4B | 3.9B | 4.1B | |
| Ebitda | 2.6B | 4.4B | 3.6B | 5.7B | 4.6B | 2.5B | |
| Cost Of Revenue | 219.0B | 226.1B | 250.8B | 264.4B | 296.7B | 311.6B | |
| Total Operating Expenses | 9.3B | 8.8B | 10.5B | 7.8B | 8.3B | 5.2B | |
| Income Before Tax | 1.1B | (5.0B) | 1.9B | 4.6B | 3.8B | 4.0B | |
| Total Other Income Expense Net | (519M) | (8.6B) | (924M) | 249M | (138M) | (144.9M) | |
| 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 | 77M | 73.2M | |
| 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) | (8.7B) | (8.2B) | |
| 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 tightly coupled 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.Note that the McKesson information on this page should be used as a complementary analysis to other McKesson's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for McKesson Stock analysis
When running McKesson's price analysis, check to measure McKesson's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy McKesson is operating at the current time. Most of McKesson's value examination focuses on studying past and present price action to predict the probability of McKesson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McKesson's price. Additionally, you may evaluate how the addition of McKesson to your portfolios can decrease your overall portfolio volatility.
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Is McKesson's industry 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 0.056 | Dividend Share 2.4 | Earnings Share 22.4 | Revenue Per Share 2.3 K | Quarterly Revenue Growth 0.108 |
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.