McKesson Operating Income from 2010 to 2024

MCK Stock  USD 538.36  0.90  0.17%   
McKesson Operating Income yearly trend continues to be quite stable with very little volatility. Operating Income may rise above about 5.3 B this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit McKesson generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1994-06-30
Previous Quarter
951 M
Current Value
642 M
Quarterly Volatility
970.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check McKesson financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among McKesson main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 175.3 M or Selling General Administrative of 18.8 B, as well as many exotic indicators such as Short Term Coverage Ratios of 4.45, Price Earnings Ratio of 12.07 or Price To Sales Ratio of 0.23. McKesson financial statements analysis is a perfect complement when working with McKesson Valuation or Volatility modules.
  
This module can also supplement McKesson's financial leverage analysis and stock options assessment as well as various McKesson Technical models . Check out the analysis of McKesson Correlation against competitors.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.

Latest McKesson's Operating Income Growth Pattern

Below is the plot of the Operating Income of McKesson over the last few years. Operating Income is the amount of profit realized from McKesson operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of McKesson is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. McKesson's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in McKesson's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

McKesson Operating Income Regression Statistics

Arithmetic Mean2,987,807,167
Coefficient Of Variation63.77
Mean Deviation1,461,115,267
Median2,852,000,000
Standard Deviation1,905,265,220
Sample Variance3630035.6T
Range7.1B
R-Value0.49
Mean Square Error2968415.3T
R-Squared0.24
Significance0.06
Slope209,003,580
Total Sum of Squares50820497.8T

McKesson Operating Income History

20245.3 B
2023B
20224.4 B
20212.9 B
20203.5 B
20191.7 B
2018886 M

Other Fundumenentals of McKesson

McKesson Operating Income component correlations

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Click cells to compare fundamentals

About McKesson Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include McKesson income statement, its balance sheet, and the statement of cash flows. McKesson investors use historical funamental indicators, such as McKesson's Operating Income, to determine how well the company is positioned to perform in the future. Although McKesson investors may use each financial statement separately, they are all related. The changes in McKesson's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on McKesson's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on McKesson Financial Statements. Understanding these patterns can help to make the right decision on long term investment in McKesson. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Operating IncomeB5.3 B
Non Operating Income Net Other571.5 M600.1 M

McKesson Investors Sentiment

The influence of McKesson's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in McKesson. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to McKesson's public news can be used to forecast risks associated with an investment in McKesson. The trend in average sentiment can be used to explain how an investor holding McKesson can time the market purely based on public headlines and social activities around McKesson. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
McKesson's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for McKesson's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average McKesson's news discussions. The higher the estimated score, the more favorable is the investor's outlook on McKesson.

McKesson Implied Volatility

    
  26.65  
McKesson's implied volatility exposes the market's sentiment of McKesson stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if McKesson's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that McKesson stock will not fluctuate a lot when McKesson's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards McKesson in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, McKesson's short interest history, or implied volatility extrapolated from McKesson options trading.

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When determining whether McKesson is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if McKesson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mckesson Stock. Highlighted below are key reports to facilitate an investment decision about Mckesson Stock:
Check out the analysis of McKesson Correlation against competitors.
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 Transaction History module to view history of all your transactions and understand their impact on performance.

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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
(0.42)
Dividend Share
2.32
Earnings Share
22.14
Revenue Per Share
2.2 K
Quarterly Revenue Growth
0.148
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.