McKesson Corporation (MCK)
Operating profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 4,454,000 | 4,235,000 | 3,653,000 | 4,026,000 | 4,065,000 | 3,673,000 | 4,272,000 | 4,445,000 | 4,381,000 | 4,245,000 | 3,302,000 | 2,717,000 | 2,249,000 | 2,415,000 | -5,245,000 | -5,150,000 | -5,040,000 | -5,181,000 | 2,541,000 | 2,533,000 |
| 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 |
| Operating profit margin | 1.24% | 1.23% | 1.11% | 1.28% | 1.32% | 1.22% | 1.47% | 1.56% | 1.58% | 1.55% | 1.21% | 1.01% | 0.85% | 0.94% | -2.09% | -2.10% | -2.12% | -2.18% | 1.08% | 1.10% |
March 31, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $4,454,000K ÷ $359,051,000K
= 1.24%
McKesson Corporation's operating profit margin has fluctuated over the past few years, with a notable decline in late 2020 and early 2021 when it fell into negative territory. However, since then, the operating profit margin has shown a steady improvement, reaching positive figures by the end of 2021.
From March 2022 onwards, there has been a consistent growth trend in the operating profit margin, indicating improved operational efficiency and profitability for McKesson Corporation. The margin has gradually increased, reaching 1.24% as of March 31, 2025.
This trend suggests that McKesson Corporation has been able to effectively manage its operating expenses and generate higher operating income relative to its revenue. The company's ability to maintain and grow its operating profit margin over time reflects positively on its financial performance and management decisions.
Peer comparison
Mar 31, 2025
See also:
McKesson Corporation Operating Profit Margin (Quarterly Data)