What is McKesson's income tax?

McKesson (MCK) reported income tax of $270M in Q1 2026.

How has McKesson's income tax changed year-over-year?

McKesson's income tax increased by 29.2% year-over-year, from $209M to $270M.

What is the long-term trend for McKesson's income tax?

Over 4 years (2022 to 2026), McKesson's income tax has grown at a 14.7% compound annual growth rate (CAGR), from $636M to $1.1B.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

McKesson MCK Income Tax

Income Tax at other companies

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$1.45B+109%

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$12M-92.4%

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$459.04M+117%

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$342M-8.1%

Amneal Pharmaceuticals, Inc.AMRX

$2.18M-83.1%

ViatrisVTRS

-$423.7M-670%

Other financials

Income statement

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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

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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

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Operating cash flow$3.4B-55.8%

CapEx$111.0M-34.3%

Free cash flow$3.3B-56.3%

Valuation

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Market cap$88.46B-1.9%

Enterprise value$86.77B-12.1%

P/E18.6×-9.9×

P/S0.2×0.0×

Profitability

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Gross margin3.6%-0.1pp

Operating margin1.5%+0.3pp

Net margin1.2%+0.3pp

FCF margin1.4%-0.1pp

Returns & leverage

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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:IncomeTaxExpenseBenefit.

The official record: McKesson’s 10-K, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is McKesson's income tax?: McKesson (MCK) reported income tax of $270M in Q1 2026.
How has McKesson's income tax changed year-over-year?: McKesson's income tax increased by 29.2% year-over-year, from $209M to $270M.
What is the long-term trend for McKesson's income tax?: Over 4 years (2022 to 2026), McKesson's income tax has grown at a 14.7% compound annual growth rate (CAGR), from $636M to $1.1B.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.