McKesson Corporation (MCK)

McKesson Cash Flow Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net Income	4,340	3,295	3,002	3,560	1,114	-4,539
Depreciation & Amortization	549	501	533	507	644	770
Other Amortization	135	135	102	101	116	117
Loss (Gain) From Sale of Assets	-171	485	-17	-211	-132	-9
Asset Writedown & Restructuring Costs	25	98	43	72	175	242
Provision & Write-off of Bad Debts	95	-130	819	45	29	-
Other Operating Activities	599	827	-141	645	2,406	-225
Change in Accounts Receivable	-2,001	-3,935	-2,954	-1,082	-1,843	1,145
Change in Inventory	-3,234	-2,270	-1,294	-1,259	-1,169	-2,276
Change in Accounts Payable	10,515	8,301	4,587	3,788	2,802	1,267
Change in Income Taxes	336	-136	331	363	243	-166
Change in Other Net Operating Assets	-706	-1,086	-697	-1,370	49	8,216
Operating Cash Flow	10,482	6,085	4,314	5,159	4,434	4,542
Operating Cash Flow Growth	321.98%	41.05%	-16.38%	16.35%	-2.38%	3.84%
Capital Expenditures	-494	-537	-431	-390	-388	-451
Cash Acquisitions	-3,433	-24	-272	-867	-6	-35
Divestitures	233	179	47	1,077	578	400
Sale (Purchase) of Intangibles	-344	-322	-256	-168	-147	-190
Other Investing Activities	-43	-29	-160	-194	-126	-139
Investing Cash Flow	-4,081	-733	-1,072	-542	-89	-415
Short-Term Debt Issued	-	15,086	19,964	8,450	11,192	6,323
Long-Term Debt Issued	-	498	991	997	498	500
Total Debt Issued	7,956	15,584	20,955	9,447	11,690	6,823
Short-Term Debt Repaid	-	-15,086	-20,611	-8,450	-11,192	-6,323
Long-Term Debt Repaid	-	-519	-288	-1,274	-1,648	-1,040
Total Debt Repaid	-9,599	-15,605	-20,899	-9,724	-12,840	-7,363
Net Debt Issued (Repaid)	-1,643	-21	56	-277	-1,150	-540
Issuance of Common Stock	93	101	116	163	220	92
Repurchase of Common Stock	-2,379	-3,146	-3,025	-3,638	-3,516	-742
Common Dividends Paid	-371	-345	-314	-292	-277	-276
Other Financing Activities	-366	-554	-175	-324	-1,598	-227
Financing Cash Flow	-4,666	-3,965	-3,342	-4,368	-6,321	-1,693
Foreign Exchange Rate Adjustments	36	-16	6	25	55	-61
Miscellaneous Cash Flow Adjustments	-	-	-	470	-540	-
Net Cash Flow	1,771	1,371	-94	744	-2,461	2,373
Free Cash Flow	9,988	5,548	3,883	4,769	4,046	4,091
Free Cash Flow Growth	418.05%	42.88%	-18.58%	17.87%	-1.10%	1.97%
Free Cash Flow Margin	2.51%	1.54%	1.26%	1.72%	1.53%	1.72%
Free Cash Flow Per Share	79.98	43.31	28.96	33.54	26.26	25.47
Cash Income Tax Paid	1,124	1,124	901	562	359	379
Levered Free Cash Flow	9,159	4,733	4,380	5,166	3,717	3,067
Unlevered Free Cash Flow	9,303	4,899	4,538	5,321	3,828	3,203
Change in Working Capital	4,910	874	-27	440	82	8,186

Updated Feb 4, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q