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McKesson MCK Medical-Surgical Solutions — Separation costs

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Other financials

Income statement

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Revenue$105.38B+7.7%
Gross profit$3.7B+12.4%
Operating income$1.3B+27.3%
Net income$614.0M-21.7%
EPS (diluted)$5.15-17.6%

Balance sheet

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Cash & equivalents$5.3B+95.9%
Total debt$13.0B+15.7%
Total equity-$4.2B-116%
Total assets$88.3B+8.6%

Cash flow

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Operating cash flow-$220.0M+76.0%
CapEx$112.0M+0.9%
Free cash flow-$332.0M+67.7%

Valuation

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Market cap$101.59B+15.6%
Enterprise value$109.31B+13.4%
P/E22.1×-5.7×
P/S0.3×0.0×

Profitability

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Gross margin3.6%+0.1pp
Operating margin1.6%+0.4pp
Net margin1.1%+0.3pp
FCF margin1.6%0.0pp

Returns & leverage

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Return on equity36%
Debt / equity
Current ratio0.9×0.0×

Where this comes from

Reported directly by McKesson in its filing.

Tagged under the XBRL concept mck:BusinessSeparationCosts.

The source filing: McKesson’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:29 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0000927653-26-000234
  • charges of $45 million for the three months ended June 30, 2026 related to the planned separation of the Medical-Surgical Solutions business.

Item 1. Condensed Consolidated Financial Statements.

FAQ

What is McKesson's medical-surgical solutions — separation costs?
McKesson (MCK) reported medical-surgical solutions — separation costs of $45M in Q2 2026.
How has McKesson's medical-surgical solutions — separation costs changed year-over-year?
McKesson's medical-surgical solutions — separation costs increased by 246.2% year-over-year, from $13M to $45M.
What does medical-surgical solutions — separation costs mean?
This metric represents the non-recurring expenses incurred by the Medical-Surgical Solutions segment specifically associated with the divestiture, spin-off, or organizational separation of a business unit or legal entity. These costs typically include professional fees, legal expenses, system migration costs, and employee-related transition payments required to finalize the separation. Tracking these costs is essential for investors to isolate the impact of corporate restructuring activities from the underlying operational performance of the segment.

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