Mckesson Stock Net Income

MCK Stock  USD 628.50  2.12  0.34%   
McKesson fundamentals help investors to digest information that contributes to McKesson's financial success or failures. It also enables traders to predict the movement of McKesson Stock. The fundamental analysis module provides a way to measure McKesson's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to McKesson stock.
Last ReportedProjected for Next Year
Net IncomeB3.2 B
Net Income Applicable To Common Shares4.1 B4.3 B
Net Income From Continuing Ops3.2 B3.3 B
Net Income Per Share 22.54  23.66 
Net Income Per E B T 0.79  0.83 
Net Income is expected to rise to about 3.2 B this year. Net Income Applicable To Common Shares is expected to rise to about 4.3 B this year.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

McKesson Company Net Income Analysis

McKesson's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current McKesson Net Income

    
  3 B  
Most of McKesson's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, McKesson is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

McKesson Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for McKesson is extremely important. It helps to project a fair market value of McKesson Stock properly, considering its historical fundamentals such as Net Income. Since McKesson's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of McKesson's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of McKesson's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

McKesson Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(925.05 Million)

The company's current value of Accumulated Other Comprehensive Income is estimated at (925.05 Million)
Based on the recorded statements, McKesson reported net income of 3 B. This is much higher than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The net income for all United States stocks is significantly lower than that of the firm.

McKesson Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses McKesson's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of McKesson could also be used in its relative valuation, which is a method of valuing McKesson by comparing valuation metrics of similar companies.
McKesson is currently under evaluation in net income category among its peers.

McKesson ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, McKesson's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to McKesson's managers, analysts, and investors.
Environmental
Governance
Social

McKesson Institutional Holders

Institutional Holdings refers to the ownership stake in McKesson that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of McKesson's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing McKesson's value.
Shares
Bank Of America Corp2024-06-30
1.7 M
T. Rowe Price Associates, Inc.2024-06-30
1.7 M
Northern Trust Corp2024-09-30
1.4 M
Legal & General Group Plc2024-06-30
1.3 M
Arrowstreet Capital Limited Partnership2024-06-30
1.2 M
Manufacturers Life Insurance Co2024-09-30
1.2 M
Wcm Investment Management2024-09-30
1.1 M
Amvescap Plc.2024-06-30
1.1 M
Bank Of New York Mellon Corp2024-06-30
M
Vanguard Group Inc2024-09-30
12 M
Blackrock Inc2024-06-30
11.5 M

McKesson Fundamentals

About McKesson Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze McKesson's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of McKesson using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of McKesson based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether McKesson is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if McKesson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mckesson Stock. Highlighted below are key reports to facilitate an investment decision about Mckesson Stock:
Check out McKesson Piotroski F Score and McKesson Altman Z Score analysis.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of McKesson. If investors know McKesson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about McKesson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Dividend Share
2.57
Earnings Share
19.36
Revenue Per Share
2.5 K
Quarterly Revenue Growth
0.213
The market value of McKesson is measured differently than its book value, which is the value of McKesson that is recorded on the company's balance sheet. Investors also form their own opinion of McKesson's value that differs from its market value or its book value, called intrinsic value, which is McKesson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because McKesson's market value can be influenced by many factors that don't directly affect McKesson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between McKesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if McKesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McKesson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.