McKesson Corporation (MCK)
Net profit margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 3,295,000 | 3,002,000 | 3,560,000 | 1,114,000 | -4,339,000 |
| Revenue | US$ in thousands | 359,051,000 | 308,951,000 | 276,711,000 | 263,966,000 | 238,228,000 |
| Net profit margin | 0.92% | 0.97% | 1.29% | 0.42% | -1.82% |
March 31, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $3,295,000K ÷ $359,051,000K
= 0.92%
Based on the data provided, the net profit margin of McKesson Corporation has shown some fluctuations over the past five years. In March 2021, the company reported a net profit margin of -1.82%, indicating that its expenses exceeded its revenue, resulting in a loss.
However, there was a significant improvement in the net profit margin in the following years. By March 2023, the net profit margin had increased to 1.29%, signaling a positive trend in the company's profitability. This improvement continued into March 2024 and March 2025, with net profit margins of 0.97% and 0.92%, respectively.
It is important to note that while the net profit margin has shown improvement over the years, it is still relatively low compared to some industry benchmarks. McKesson Corporation may need to focus on further optimizing its cost structure and increasing revenue to enhance its profitability in the future.
Peer comparison
Mar 31, 2025