Operating Expenses

SG&A

McKesson SG&A decreased by 2.1% to $2.03B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 0.1%, from $2.03B to $2.03B. Over 4 years (FY 2021 to FY 2025), SG&A shows relatively stable performance with a -1.0% 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 reportedQ4 2013
Last reportedQ4 2025

How to read this metric

Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.

Detailed definition

The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...

Peer comparison

Used to assess the 'leaness' of a company's corporate structure relative to its peers.

Metric ID: is_selling_general_and_administrative

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
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
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%
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%
Range$1.31B$4.73B
CAGR-2.1%
Avg YoY Growth-3.3%
Median YoY Growth+0.1%
Current Streak3 quarters decline

Frequently Asked Questions

What is McKesson's sg&a?
McKesson (MCK) reported sg&a of $2.03B in Q4 2025.
How has McKesson's sg&a changed year-over-year?
McKesson's sg&a increased by 0.1% year-over-year, from $2.03B to $2.03B.
What is the long-term trend for McKesson's sg&a?
Over 4 years (2021 to 2025), McKesson's sg&a has grown at a -1.0% compound annual growth rate (CAGR), from $8.85B to $8.51B.
What does sg&a mean?
The day-to-day costs of running the business and marketing its products.