Operating Income for McKesson (MCK)
According to McKesson's latest reported financial statements, the company's current operating income (TTM) is $5.16B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MCK
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$5.16B
YoY change
+11.3%
5Y CAGR
+7.7%
Peak year (2023)
$4.45B
Cumulative operating income
$60.85B
Operating Income history chart for McKesson (MCK) from 1995 to 2025
Operating Income history table for McKesson (MCK) from 1995 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $4.37B | +11.3% | ||
| 2024 | $3.93B | -11.8% | ||
| 2023 | $4.45B | +63.5% | ||
| 2022 | $2.72B | -22.4% | ||
| 2021 | $3.51B | +16.5% | ||
| 2020 | $3.01B | -2.1% | ||
| 2019 | $3.08B | +5.4% | ||
| 2018 | $2.92B | -13.0% | ||
| 2017 | $3.36B | -12.8% | ||
| 2016 | $3.85B | +9.1% | ||
| 2015 | $3.53B | +33.2% | ||
| 2014 | $2.65B | +9.5% | ||
| 2013 | $2.42B | +1.7% | ||
| 2012 | $2.38B | +13.4% | ||
| 2011 | $2.10B | +4.4% | ||
| 2010 | $2.01B | +16.7% | ||
| 2009 | $1.72B | +16.5% | ||
| 2008 | $1.48B | +15.1% | ||
| 2007 | $1.28B | +9.6% | ||
| 2006 | $1.17B | +16.5% | ||
| 2005 | $1.00B | +2.2% | ||
| 2004 | $983.40M | +5.8% | ||
| 2003 | $929.90M | +34.1% | ||
| 2002 | $693.60M | +619.5% | ||
| 2001 | $96.40M | -39.1% | ||
| 2000 | $158.20M | -52.4% | ||
| 1999 | $332.20M | -8.3% | ||
| 1998 | $362.20M | +290.3% | ||
| 1997 | $92.80M | -66.1% | ||
| 1996 | $274.10M | -1010.6% | ||
| 1995 | -$30.10M | — |
Operating Income values are taken from McKesson's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, McKesson (MCK) reported operating income of $4.37B – grew 11.3% year-over-year.
Through 2020–2025 (5 years), McKesson operating income delivered a +7.7% annualised rate; with the latest reading among the more recent periods of the dataset.
McKesson operating income edged down from $4.45B in 2023 to $4.37B in 2025, a 1.8% drawdown.
Across the available history, operating income reached its high of $4.45B in 2023 and its low of -$30.10M in 1995.
McKesson (MCK) sits 9th of 8 Healthcare peers we track on this metric, against a peer median of $22.84B.
McKesson Operating Income by Year
McKesson Operating Income 2025: $4.37B
McKesson operating income in 2025 was $4.37B, grew 11.3% from 2024.
McKesson Operating Income 2024: $3.93B
McKesson operating income in 2024 was $3.93B, declined 11.8% below 2023.
McKesson Operating Income 2023: $4.45B
McKesson operating income in 2023 was $4.45B, surged 63.5% from 2022. This figure represents the highest annual value in the available history.
McKesson Operating Income 2022: $2.72B
McKesson operating income in 2022 was $2.72B, declined 22.4% below 2021.
McKesson Operating Income 2021: $3.51B
McKesson operating income in 2021 was $3.51B.
See more financial history for McKesson (MCK).
Sector peers — Operating Income
Companies in the same sector as McKesson, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | $127.66B | Healthcare |
| Eli Lilly and Company (LLY) | $29.70B | Healthcare |
| Merck & Co., Inc. (MRK) | $26.78B | Healthcare |
| Johnson & Johnson (JNJ) | $25.60B | Healthcare |
| AbbVie Inc. (ABBV) | $20.09B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | $18.96B | Healthcare |
| AstraZeneca PLC (AZN) | $13.74B | Healthcare |
| Amgen Inc. (AMGN) | $10.68B | Healthcare |
Frequently asked questions
What is McKesson's operating income?
- Latest reported operating income for McKesson (MCK) is $5.16B (period ending December 31, 2025).
How has McKesson operating income changed year-over-year?
- McKesson (MCK) operating income changed +11.3% year-over-year on the latest annual filing.
What is the long-term growth rate of McKesson operating income?
- McKesson (MCK) operating income compound annual growth rate is +7.7% over the most recent 5 years available.
When did McKesson operating income hit its highest annual value?
- McKesson operating income reached its highest annual value of $4.45B in 2023.
What was McKesson operating income in 2024?
- McKesson (MCK) operating income in 2024 was $3.93B.
What was McKesson operating income in 2025?
- McKesson (MCK) operating income in 2025 was $4.37B.
Metrics overview
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