Operating Expenses

SG&A

McKesson SG&A decreased by 11.5% to $1.80B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 18.6%, from $2.21B to $1.80B. Over 4 years (FY 2022 to FY 2026), SG&A shows a downward trend with a -10.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ4 2026May 8, 2026

How to read this metric

A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.

Detailed definition

Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...

Peer comparison

Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.

Metric ID: selling_general_and_administrative

Historical Data

20 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Value$2.23B$2.67B$3.11B$4.73B$1.96B$1.95B$1.90B$1.31B$1.87B$2.09B$2.51B$2.13B$2.00B$2.50B$2.03B$2.21B$2.20B$2.07B$2.03B$1.80B
QoQ Change+19.6%+16.3%+52.2%-58.5%-0.5%-2.4%-31.3%+43.0%+11.9%+19.8%-15.2%-5.8%+25.1%-19.0%+8.8%-0.5%-5.6%-2.1%-11.5%
YoY Change-12.2%-26.9%-38.7%-72.3%-4.5%+7.3%+31.7%+62.5%+7.0%+19.6%-19.1%+3.9%+9.7%-17.1%+0.1%-18.6%
Range$1.31B$4.73B
CAGR-4.5%
Avg YoY Growth-4.2%
Median YoY Growth-2.2%
Current Streak4 quarters decline

Product Breakdown

View all
SegmentFY'22FY'23FY'24FY'25FY'26
Shipping and Handling$1.10B$1.20B$1.10B$1.10B$1.20B
Total$12.73B$7.12B$8.59B$8.74B$8.10B

All segment values are derived from annual filings.

Frequently Asked Questions

What is McKesson's sg&a?
McKesson (MCK) reported sg&a of $1.80B in Q1 2026.
How has McKesson's sg&a changed year-over-year?
McKesson's sg&a decreased by 18.6% year-over-year, from $2.21B to $1.80B.
What is the long-term trend for McKesson's sg&a?
Over 4 years (2022 to 2026), McKesson's sg&a has grown at a -10.7% compound annual growth rate (CAGR), from $12.73B to $8.10B.
What does sg&a mean?
The overhead costs of running the business, including sales, marketing, and general corporate expenses.