--- title: "McKesson Corporation: Metrics Guide" description: "McKesson Corporation revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/mckesson-corporation/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # McKesson Corporation: Financial & Operating Metrics Guide ## Direct Answer McKesson Corporation reported revenue of $403 billion for the fiscal year ended March 31, 2026, with an operating margin of 1.5% and net income of $4.8 billion, according to its SEC filings. Revenue grew 12.4% from the prior year. ## What Are McKesson Corporation's Key Financial Figures? | Fiscal year | FY2026ended March 31, 2026 | FY2025ended March 31, 2025 | FY2024ended March 31, 2024 | FY2023ended March 31, 2023 | | --- | --- | --- | --- | --- | | Revenue | $403 billion | $359 billion | $309 billion | $277 billion | | Operating income | $6.2 billion | $4.4 billion | $3.9 billion | $4.4 billion | | Operating margin | 1.5% | 1.2% | 1.3% | 1.6% | | Net income | $4.8 billion | $3.3 billion | $3.0 billion | $3.6 billion | | Net margin | 1.2% | 0.9% | 1.0% | 1.3% | | Operating cash flow | $6.2 billion | $6.1 billion | $4.3 billion | $5.2 billion | | Capital expenditures | $436 million | $537 million | $431 million | $390 million | | Free cash flow | $5.7 billion | $5.5 billion | $3.9 billion | $4.8 billion | Operating margin held roughly steady between fiscal 2025 and 2026, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $5.7 billion against net income of $4.8 billion; cash generation covered reported earnings. ![Bar chart of McKesson Corporation revenue, operating income, net income for fiscal 2023 to 2026. In fiscal 2026, revenue was $403 billion, operating income $6.2 billion and net income $4.8 billion.](https://www.getswoopr.com/images/charts/mckesson-corporation-metrics-revenue-profit.webp) *McKesson Corporation revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of McKesson Corporation operating margin and net margin for fiscal 2023 to 2026. In fiscal 2026, operating margin was 1.5% and net margin was 1.2%.](https://www.getswoopr.com/images/charts/mckesson-corporation-metrics-margins.webp) *McKesson Corporation operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of McKesson Corporation operating cash flow, capital expenditures, free cash flow for fiscal 2023 to 2026. In fiscal 2026, operating cash flow was $6.2 billion, capital expenditures was $436 million, free cash flow was $5.7 billion.](https://www.getswoopr.com/images/charts/mckesson-corporation-metrics-cash-flow.webp) *McKesson Corporation operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does McKesson Corporation's Balance Sheet Show? | Cash and cash equivalents | $4.0 billion | | --- | --- | | Long-term debt | $6.5 billion | | Total assets | $82.3 billion | | Total liabilities | Not reported | | Shareholders' equity | -$2.2 billion | | Current ratio | 0.9x | Balance sheet values are as of the end of fiscal 2026. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value McKesson Corporation reported in its own SEC filings, read from the SEC's XBRL data (accession 0000927653-26-000069 for fiscal year 2026). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was McKesson Corporation's revenue in fiscal 2026? McKesson Corporation reported revenue of $403 billion for the fiscal year ended March 31, 2026, according to its SEC filings. ### What is McKesson Corporation's operating margin? McKesson Corporation's operating margin was 1.5% in fiscal 2026: operating income of $6.2 billion on revenue of $403 billion. ### How much free cash flow did McKesson Corporation generate? Operating cash flow of $6.2 billion less capital expenditures of $436 million gives free cash flow of $5.7 billion for fiscal 2026. ## References - [SEC EDGAR: MCKESSON CORP Form 10-K filed May 8, 2026](https://www.sec.gov/Archives/edgar/data/927653/000092765326000069/mck-20260331.htm) - [SEC EDGAR: MCKESSON CORP annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=927653&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [McKesson Corporation company dossier](https://www.getswoopr.com/stocks/companies/mckesson-corporation/) - [McKesson Corporation financial metrics](https://www.getswoopr.com/stocks/companies/mckesson-corporation/metrics/) - [McKesson Corporation financial risk indicators](https://www.getswoopr.com/stocks/companies/mckesson-corporation/risks/) - [McKesson Corporation peer comparison](https://www.getswoopr.com/stocks/companies/mckesson-corporation/competitors/) - [McKesson Corporation business model and revenue mix](https://www.getswoopr.com/stocks/companies/mckesson-corporation/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).