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.