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Non-Current Liabilities

Long-Term Debt

McKesson Long-Term Debt decreased by 15.4% to $6.6B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 17.9%, from $5.6B to $6.6B. Over 4 years (FY 2021 to FY 2025), Long-Term Debt shows a downward trend with a -5.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ3 2026Feb 4, 2026

How to read this metric

High levels indicate significant financial leverage, which can amplify returns but also increase interest expense and financial risk.

Detailed definition

Long-term debt includes all interest-bearing financial obligations with maturities extending beyond one year. For McKess...

Peer comparison

Standard metric for assessing capital structure and solvency compared to industry peers.

Metric ID: long_term_debt

Historical Data

19 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$7.18B$5.99B$5.96B$5.88B$5.78B$5.61B$5.86B$5.6B$5.7B$5.6B$5.7B$5.6B$5.64B$5.7B$5.6B$5.7B$7.8B$7.8B$6.6B
QoQ Change-16.6%-0.5%-1.3%-1.8%-2.8%+4.3%-4.4%+1.8%-1.8%+1.8%-1.8%+0.6%+1.2%-1.8%+1.8%+36.8%+0.0%-15.4%
YoY Change-19.5%-6.2%-1.7%-4.7%-1.3%-0.2%-2.7%+0.0%-1.1%+1.8%-1.8%+1.8%+38.4%+36.8%+17.9%
Range$5.6B$7.8B
CAGR-1.8%
Avg YoY Growth+3.8%
Median YoY Growth-1.1%

Frequently Asked Questions

What is McKesson's long-term debt?
McKesson (MCK) reported long-term debt of $6.6B in Q4 2025.
How has McKesson's long-term debt changed year-over-year?
McKesson's long-term debt increased by 17.9% year-over-year, from $5.6B to $6.6B.
What is the long-term trend for McKesson's long-term debt?
Over 4 years (2021 to 2025), McKesson's long-term debt has grown at a -5.5% compound annual growth rate (CAGR), from $7.15B to $5.7B.
What does long-term debt mean?
Debt obligations that are not due for repayment within the next year.