BigCapital beta
MCK

Health Care · Health Care Distributors

McKesson: revenue, profit and dividends

In fiscal 2026, McKesson had revenue of $403B, up 7.8% a year on average since 2016, and net income of $4.76B (1.2% of revenue). Its dividend per share has gone up 13 years in a row, to $3.17. It has 47% fewer shares than in 2016.

Revenue, fiscal 2026

$403B+7.8% a year

average annual revenue growth since 2016 · +12.4% vs 2025

Net income, 2026
$4.76B
1.2% of revenue
Diluted EPS, 2026
$38.38
14.7% a year since 2016
Dividend per share, 2026
$3.17
raised 13 years in a row
Revenue growth, 5 years
11.1% a year
since 2021
Shares, 2026
124M
−46.7% since 2016
Free cash flow, 2026
$5.72B
$6.16B from operations − $436M capex
Ticker
MCK · NYSE
Sector
Health Care
Sub-industry
Health Care Distributors
Headquarters
Irving, Texas
Founded
1833
In the S&P 500 since
January 13, 1999
Latest fiscal year
2026, ended March 31, 2026
SEC filer
Mckesson Corp · CIK 0000927653

Revenue and net income

Revenue went from $102B in 2008 to $403B in 2026. Net loss in 2021.

RevenueNet income
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from $3.32 in 2008 to $38.38 in 2026. Ten-year growth: 14.7% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Dividends per share

Raised 13 years in a row, every year from 2014 to 2026. Ten-year growth: 11.4% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

46.7% fewer shares in 2026 than in 2016 (233M → 124M): buybacks outweighed new shares.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $5.72B in 2026, 1.4% of revenue.

Operating cash flowCapital expenditureFree cash flow
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal yearRevenueNet incomeNet marginDiluted EPSDividendSharesOperating cash flowCapexFree cash flow
2026$403B$4.76B1.2%$38.38$3.17124M$6.16B$436M$5.72B
2025$359B$3.29B0.9%$25.72$2.75128M$6.08B$537M$5.55B
2024$309B$3.0B1.0%$22.39$2.40134M$4.31B$431M$3.88B
2023$277B$3.56B1.3%$25.03$2.09142M$5.16B$390M$4.77B
2022$264B$1.11B0.4%$7.23$1.83154M$4.43B$388M$4.05B
2021$238B−$4.54B−1.9%−$28.26$1.67161M$4.54B$451M$4.09B
2020$231B$900M0.4%$4.95$1.62182M$4.37B$362M$4.01B
2019$214B$34M0.0%$0.17$1.51197M$4.04B$426M$3.61B
2018$208B$67M0.0%$0.32$1.30209M$4.34B$405M$3.94B
2017$199B$5.07B2.6%$22.73$1.12223M$4.74B$404M$4.34B
2016$191B$2.26B1.2%$9.70$1.08233M$3.67B$488M$3.18B
2015$179B$1.48B0.8%$6.27$0.96235M$3.11B$376M$2.74B
2014$137B$1.26B0.9%$5.41$0.92233M$3.14B$278M$2.86B
2013$122B$1.34B1.1%$5.59$0.80239M$2.48B$241M$2.24B
2012$122B$1.4B1.1%$5.59$0.80251M$2.95B$221M$2.73B
2011$112B$1.2B1.1%$4.57$0.72263M$2.34B$233M$2.1B
2010$109B$1.26B1.2%$4.62$0.48273M$2.32B$199M$2.12B
2009$107B$823M0.8%$2.95$0.48279M$1.35B$195M$1.16B
2008$102B$990M1.0%$3.32$0.24298M$869M$195M$674M

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.

About these figures

Other Health Care Distributors companies

All 60 Health Care companies

Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.