McKesson Corporation (MCK)
Net profit margin
| 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 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,002,000 | 2,998,000 | 3,488,000 | 3,750,000 | 3,560,000 | 3,141,000 | 2,055,000 | 1,396,000 | 1,114,000 | 1,412,000 | -4,807,000 | -4,497,000 | -4,539,000 | -4,184,000 | 2,228,000 | 921,000 | 900,000 | -917,000 | -634,000 | 595,000 |
| Revenue (ttm) | US$ in thousands | 308,743,000 | 301,155,000 | 290,742,000 | 283,832,000 | 276,496,000 | 273,874,000 | 272,026,000 | 268,122,000 | 263,687,000 | 256,729,000 | 250,755,000 | 245,223,000 | 238,228,000 | 237,621,000 | 234,203,000 | 231,016,000 | 231,082,000 | 224,976,000 | 222,003,000 | 217,457,000 |
| Net profit margin | 0.97% | 1.00% | 1.20% | 1.32% | 1.29% | 1.15% | 0.76% | 0.52% | 0.42% | 0.55% | -1.92% | -1.83% | -1.91% | -1.76% | 0.95% | 0.40% | 0.39% | -0.41% | -0.29% | 0.27% |
March 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,002,000K ÷ $308,743,000K
= 0.97%
The net profit margin of McKesson Corporation has fluctuated over the past few quarters, ranging from -1.92% to 1.32%. The company experienced negative net profit margins in some quarters, indicating challenges in generating profits relative to its revenue during those periods. However, there have been improvements in profitability, with positive net profit margins observed in recent quarters, albeit at relatively low levels. Overall, McKesson Corporation's net profit margin has shown variability, reflecting changes in the company's financial performance and efficiency in managing costs and expenses relative to its revenue.
Peer comparison
Mar 31, 2024