Non-Current Assets
Intangibles (Net)
McKesson Intangibles (Net) decreased by 1.0% to $4.18B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 176.9%, from $1.51B to $4.18B. Over 4 years (FY 2021 to FY 2025), Intangibles (Net) shows a downward trend with a -15.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryMarket Position
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ3 2026Feb 4, 2026
How to read this metric
Growth in this area indicates successful strategic acquisitions of intellectual property or market access, while declines reflect ongoing amortization or potential impairment.
Detailed definition
This represents the net value of non-physical assets acquired through business combinations or internal development, suc...
Peer comparison
Companies with a history of strategic acquisitions in specialty pharmacy or healthcare IT will typically show higher intangible asset balances.
Metric ID:
intangible_assets_netHistorical Data
19 periods
| 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 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.8B | $2.39B | $2.13B | $2.06B | $1.98B | $1.87B | $2.27B | $2.28B | $2.22B | $2.14B | $2.1B | $2.11B | $2.05B | $1.57B | $1.51B | $1.46B | $4.27B | $4.22B | $4.18B |
| QoQ Change | — | -14.7% | -10.7% | -3.3% | -4.0% | -5.3% | +21.4% | +0.2% | -2.5% | -3.6% | -2.1% | +0.6% | -3.1% | -23.1% | -4.1% | -3.0% | +191.8% | -1.2% | -1.0% |
| YoY Change | — | — | — | — | -29.4% | -21.5% | +6.7% | +10.6% | +12.4% | +14.4% | -7.7% | -7.3% | -7.9% | -26.6% | -28.0% | -30.6% | +108.9% | +168.3% | +176.9% |
Range$1.46B – $4.27B
CAGR+9.3%
Avg YoY Growth+22.6%
Median YoY Growth-7.3%
Current Streak2 quarters decline
Intangibles (Net) at Other Companies
Frequently Asked Questions
- What is McKesson's intangibles (net)?
- McKesson (MCK) reported intangibles (net) of $4.18B in Q4 2025.
- How has McKesson's intangibles (net) changed year-over-year?
- McKesson's intangibles (net) increased by 176.9% year-over-year, from $1.51B to $4.18B.
- What is the long-term trend for McKesson's intangibles (net)?
- Over 4 years (2021 to 2025), McKesson's intangibles (net) has grown at a -15.5% compound annual growth rate (CAGR), from $2.88B to $1.46B.
- What does intangibles (net) mean?
- The value of non-physical assets like patents and brand names after accounting for their usage over time.