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McKesson MCK North American Pharmaceutical — Receivables, net

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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$102.7B+16.8%
Enterprise value$110.42B+14.5%
P/E22.4×-5.4×
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 us-gaap:ReceivablesNetCurrent.

The source filing: McKesson’s 10-K, filed May 8, 2026.

Filed
May 7, 2026, 8:00 PM EDT
Fiscal year
FY2026
Accession
0000927653-26-000069

In fiscal 2026 and 2025, the North American Pharmaceutical segment’s sales to one of the Company’s equity method investees totaled $1.6 billion and $1.1 billion, respectively. Trade receivables related to transactions from this investee were $443 million and $313 million as of March 31, 2026 and March 31, 2025, respectively.

Item 8. Financial Statements and Supplementary Data.

FAQ

What is McKesson's north american pharmaceutical — receivables, net?
McKesson (MCK) reported north american pharmaceutical — receivables, net of $443M in Q1 2026.
What does north american pharmaceutical — receivables, net mean?
This metric represents the net amount of trade receivables owed to the North American Pharmaceutical segment by its customers, including retail pharmacies, hospitals, and healthcare providers, after accounting for allowances for doubtful accounts. It reflects the credit extended to customers for pharmaceutical product distribution and serves as a key indicator of the segment's working capital efficiency and credit risk management. The balance is adjusted for estimated credit losses and write-offs to reflect the net realizable value of outstanding invoices.

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