McKesson Corporation (MCK)

Return on assets (ROA)

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
Net income (ttm) US$ in thousands 3,295,000 2,826,000 2,536,000 2,959,000 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
Total assets US$ in thousands 75,140,000 71,081,000 72,429,000 71,670,000 67,443,000 66,512,000 66,091,000 64,096,000 62,320,000 62,690,000 63,081,000 62,295,000 63,298,000 63,708,000 63,601,000 62,894,000 65,015,000 61,845,000 61,558,000 57,666,000
ROA 4.39% 3.98% 3.50% 4.13% 4.45% 4.51% 5.28% 5.85% 5.71% 5.01% 3.26% 2.24% 1.76% 2.22% -7.56% -7.15% -6.98% -6.77% 3.62% 1.60%

March 31, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $3,295,000K ÷ $75,140,000K
= 4.39%

McKesson Corporation's return on assets (ROA) has shown fluctuations over the past few years based on the provided data. The ROA was positive and relatively stable in the most recent quarters, standing at 4.45% as of March 31, 2024, and increasing to 4.39% as of March 31, 2025.

However, there were periods of negative ROA, particularly in the second half of 2020 and throughout most of 2021. The lowest ROA was recorded at -7.56% as of September 30, 2021.

Overall, the recent positive trend in ROA indicates that the company's assets are generating a reasonable level of return in relation to its investment. It will be important to monitor future ROA figures to assess the company's ongoing financial performance and efficiency in utilizing its assets.


Peer comparison

Mar 31, 2025

Company name
Symbol
ROA
McKesson Corporation
MCK
4.39%
Cardinal Health Inc
CAH
1.89%
Cencora Inc.
COR
2.25%

See also:

McKesson Corporation Return on Assets (ROA) (Quarterly Data)