Stock Analysis on Net
Stock Analysis on Net

McKesson Corp. (NYSE:MCK)

This company has been moved to the archive! The financial data has not been updated since October 27, 2016.

Common-Size Income Statement 

McKesson Corp., common-size consolidated income statement

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12 months ended: Mar 31, 2016 Mar 31, 2015 Mar 31, 2014 Mar 31, 2013 Mar 31, 2012 Mar 31, 2011
Revenues 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales -94.02 -93.63 -93.96 -94.30 -94.65 -94.67
Gross profit 5.98% 6.37% 6.04% 5.70% 5.35% 5.33%
Selling, distribution and administrative expenses -3.81 -4.41 -3.94 -3.43 -3.12 -3.15
Research and development -0.21 -0.22 -0.33 -0.39 -0.36 -0.36
Restructuring charges -0.11 0.00 0.00 0.00 0.00 0.00
Claim and litigation charges 0.00 -0.08 -0.05 -0.06 -0.12 -0.19
Gain on business combination 0.00 0.00 0.00 0.07 0.00 0.00
Operating expenses -4.12% -4.72% -4.32% -3.81% -3.60% -3.70%
Operating income 1.86% 1.66% 1.72% 1.89% 1.75% 1.62%
Interest income 0.01 0.01 0.02 0.02 0.02 0.02
Equity in earnings (loss), net 0.01 0.01 0.00 0.00 0.01 -0.01
Other, net 0.01 0.02 0.01 0.01 -0.01 0.02
Other income, net 0.03% 0.04% 0.02% 0.03% 0.02% 0.03%
Impairment of an equity investment 0.00 0.00 0.00 -0.16 0.00 0.00
Interest expense -0.18 -0.21 -0.22 -0.20 -0.20 -0.20
Income from continuing operations before income taxes 1.70% 1.48% 1.52% 1.57% 1.56% 1.46%
Income tax expense -0.48 -0.46 -0.54 -0.47 -0.42 -0.45
Income from continuing operations 1.23% 1.03% 0.98% 1.09% 1.14% 1.01%
Income (loss) from discontinued operations, net of tax -0.02 -0.17 -0.07 0.00 0.00 0.06
Net income 1.21% 0.86% 0.91% 1.09% 1.14% 1.07%
Net (income) loss attributable to noncontrolling interests -0.03 -0.04 0.00 0.00 0.00 0.00
Net income attributable to McKesson Corporation 1.18% 0.82% 0.92% 1.09% 1.14% 1.07%

Based on: 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-03-31), 10-K (reporting date: 2013-03-31), 10-K (reporting date: 2012-03-31), 10-K (reporting date: 2011-03-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. McKesson Corp. operating income as a percentage of revenues decreased from 2014 to 2015 but then increased from 2015 to 2016 exceeding 2014 level.
Income from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. McKesson Corp. income from continuing operations before income taxes as a percentage of revenues decreased from 2014 to 2015 but then increased from 2015 to 2016 exceeding 2014 level.
Net income attributable to McKesson Corporation The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. McKesson Corp. net income attributable to McKesson Corporation as a percentage of revenues decreased from 2014 to 2015 but then increased from 2015 to 2016 exceeding 2014 level.