Cash & Equivalents
McKesson Cash & Equivalents decreased by 25.7% to $3.05B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 138.1%, from $1.28B to $3.05B. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows a downward trend with a -3.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase signals improved liquidity and financial flexibility, while a decrease may indicate heavy capital expenditure, debt repayment, or aggressive share buybacks.
Detailed definition
Represents the most liquid assets on the balance sheet, including physical currency and short-term investments with matu...
Peer comparison
Large-cap technology peers often maintain high cash balances to fund rapid innovation and offset the cyclical nature of consumer electronics.
cash_and_equivalentsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.54B | $2.53B | $3.16B | $3.94B | $2.34B | $2.96B | $2.78B | $4.68B | $2.64B | $2.52B | $1.98B | $4.59B | $2.30B | $2.51B | $1.28B | $5.96B | $2.68B | $4.11B | $3.05B |
| QoQ Change | — | -0.1% | +24.7% | +24.6% | -40.5% | +26.4% | -6.1% | +68.4% | -43.6% | -4.3% | -21.4% | +131.2% | -49.7% | +9.0% | -48.9% | +364.6% | -55.0% | +53.1% | -25.7% |
| YoY Change | — | — | — | — | -7.7% | +16.8% | -12.1% | +18.9% | +12.7% | -14.7% | -28.6% | -2.0% | -12.6% | -0.5% | -35.4% | +29.9% | +16.4% | +63.6% | +138.1% |
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is McKesson's cash & equivalents?
- McKesson (MCK) reported cash & equivalents of $3.05B in Q4 2025.
- How has McKesson's cash & equivalents changed year-over-year?
- McKesson's cash & equivalents increased by 138.1% year-over-year, from $1.28B to $3.05B.
- What is the long-term trend for McKesson's cash & equivalents?
- Over 5 years (2020 to 2025), McKesson's cash & equivalents has grown at a -3.9% compound annual growth rate (CAGR), from $3.73B to $3.05B.
- What does cash & equivalents mean?
- Money in the bank and very short-term investments that can be turned into cash almost instantly.