What is McKesson's operating income?

McKesson (MCK) reported operating income of $2.15B in Q1 2026.

How has McKesson's operating income changed year-over-year?

McKesson's operating income increased by 35.1% year-over-year, from $1.59B to $2.15B.

What is the long-term trend for McKesson's operating income?

Over 4 years (2022 to 2026), McKesson's operating income has grown at a 32.1% compound annual growth rate (CAGR), from $2.04B to $6.21B.

What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

McKesson MCK Operating Income

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$1.14B+10.3%

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$3.99B+6.9%

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ViatrisVTRS

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-$6.51M+34.3%

Other financials

Income statement

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Revenue$96.3B+6.0%

Gross profit$4.0B+11.1%

Net income$1.7B+33.5%

EPS (diluted)$13.65+37.6%

Balance sheet

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Cash & equivalents$4.0B-33.3%

Total debt$2.3B-74.2%

Total equity-$2.2B-4.7%

Total assets$82.3B+9.6%

Cash flow

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Operating cash flow$3.4B-55.8%

CapEx$111.0M-34.3%

Free cash flow$3.3B-56.3%

Valuation

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Market cap$89.43B-0.8%

Enterprise value$87.73B-5.7%

P/E18.8×-8.6×

P/S0.2×0.0×

Profitability

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Gross margin3.6%-0.1pp

Operating margin1.5%+0.3pp

Net margin1.2%+0.3pp

FCF margin1.4%-0.1pp

Returns & leverage

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Return on equity36%—

Debt / equity2×—

Current ratio0.9×0.0×

Where this comes from

Reported directly by McKesson in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: McKesson’s 10-K, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is McKesson's operating income?: McKesson (MCK) reported operating income of $2.15B in Q1 2026.
How has McKesson's operating income changed year-over-year?: McKesson's operating income increased by 35.1% year-over-year, from $1.59B to $2.15B.
What is the long-term trend for McKesson's operating income?: Over 4 years (2022 to 2026), McKesson's operating income has grown at a 32.1% compound annual growth rate (CAGR), from $2.04B to $6.21B.
What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.