McKesson Corporation (MCK)
Fixed asset turnover
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 359,051,000 | 344,583,000 | 330,187,000 | 313,751,000 | 308,951,000 | 301,506,000 | 291,098,000 | 284,040,000 | 276,711,000 | 273,903,000 | 272,027,000 | 268,446,000 | 263,966,000 | 257,006,000 | 250,991,000 | 245,223,000 | 238,228,000 | 237,621,000 | 234,194,000 | 231,002,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 3,851,000 | 2,172,000 | 2,177,000 | 2,140,000 | 3,619,000 | 3,681,000 | 2,092,000 | 2,064,000 | 3,990,000 | 4,620,000 | 2,581,000 | 2,518,000 | 2,471,000 | 2,392,000 |
| Fixed asset turnover | — | — | — | — | — | — | 75.59 | 130.77 | 127.11 | 127.99 | 75.17 | 72.93 | 126.18 | 124.52 | 62.91 | 53.08 | 92.30 | 94.37 | 94.78 | 96.57 |
March 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $359,051,000K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company is generating revenues from its fixed assets. In the case of McKesson Corporation, the fixed asset turnover has fluctuated over the years based on the provided data.
From June 30, 2020, to March 31, 2022, the fixed asset turnover ratio steadily decreased from 96.57 to 126.18, indicating that McKesson was generating decreasing revenue from its fixed assets during this period. However, this trend reversed in the following quarters, with the ratio increasing to 130.77 by June 30, 2023.
The ratio then dropped significantly to 75.59 by September 30, 2023, showing a decrease in revenue generated per dollar of fixed assets. Despite this dip, the ratio recovered slightly to 127.11 by March 31, 2024.
Since December 31, 2023, there is no data provided, so it is not possible to analyze the trend beyond this point. Overall, the fluctuations in McKesson's fixed asset turnover ratio suggest varying efficiency in utilizing its fixed assets to generate revenues over the analyzed period.
Peer comparison
Mar 31, 2025
See also:
McKesson Corporation Net Fixed Asset Turnover (Quarterly Data)