What is McKesson's deferred taxes?

McKesson (MCK) reported deferred taxes of -$49M in Q4 2025.

How has McKesson's deferred taxes changed year-over-year?

McKesson's deferred taxes decreased by 96.0% year-over-year, from -$25M to -$49M.

What is the long-term trend for McKesson's deferred taxes?

Over 3 years (2022 to 2025), McKesson's deferred taxes has grown at a 47.9% compound annual growth rate (CAGR), from -$34M to $110M.

What does deferred taxes mean?

Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.

McKesson MCK Deferred Taxes

Deferred Taxes at other companies

Eli LillyLLY

$1.48B+277%

Cardinal HealthCAH

$60.75M+334%

CencoraCOR

$178.41M+581%

AbbVieABBV

$137M+589%

ViatrisVTRS

-$69.7M-59.9%

Medline, Inc. MDLN

——

Other financials

Income statement

See full

Revenue$96.3B+6.0%

Gross profit$4.0B+11.1%

Operating income$2.2B+35.1%

Net income$1.7B+33.5%

EPS (diluted)$13.65+37.6%

Balance sheet

See full

Cash & equivalents$4.0B-33.3%

Total debt$2.3B-74.2%

Total equity-$2.2B-4.7%

Total assets$82.3B+9.6%

Cash flow

See full

Operating cash flow$3.4B-55.8%

CapEx$111.0M-34.3%

Free cash flow$3.3B-56.3%

Valuation

See full

Market cap$88.46B+2.1%

Enterprise value$86.77B-8.5%

P/E18.6×-8.8×

P/S0.2×0.0×

Profitability

See full

Gross margin3.6%-0.1pp

Operating margin1.5%+0.3pp

Net margin1.2%+0.3pp

FCF margin1.4%-0.1pp

Returns & leverage

See full

Return on equity36%—

Debt / equity2×—

Current ratio0.9×0.0×

Where this comes from

Reported directly by McKesson in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInDeferredIncomeTaxes.

The official record: McKesson’s 10-Q, filed February 4, 2026, on SEC EDGAR. View the filing →

Ask your AI about McKesson's deferred taxes.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is McKesson's deferred taxes?: McKesson (MCK) reported deferred taxes of -$49M in Q4 2025.
How has McKesson's deferred taxes changed year-over-year?: McKesson's deferred taxes decreased by 96.0% year-over-year, from -$25M to -$49M.
What is the long-term trend for McKesson's deferred taxes?: Over 3 years (2022 to 2025), McKesson's deferred taxes has grown at a 47.9% compound annual growth rate (CAGR), from -$34M to $110M.
What does deferred taxes mean?: Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.