McKesson (MCK) FY2022 results: revenue $264.0 billion, up 10.8% on the year
McKesson Corp. (MCK) reported revenue of $264.0 billion for fiscal 2022, the year ended 31 March 2022, up 10.8% on the year before. Net income was $1.1 billion, and diluted earnings per share $7.23. The figures are the company's own, from the 10-K it filed with the SEC on 9 May 2022.
Revenue
$264.0 billion
+10.8% on the year
FY2015FY2022
Operating margin
0.8%
-2.1% a year earlier
FY2015FY2022
Net income
$1.1 billion
FY2015FY2022
Diluted EPS
$7.23
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
4,434
4,542
4,374
-2.4%
Capital expenditure
388
451
362
-14.0%
Free cash flow
4,046
4,091
4,012
-1.1%
Free cash flow margin
1.5%
1.7%
1.7%
Cash from investing
-89.0
-415
-579
Cash from financing
-6,321
-1,693
-2,734
Depreciation and amortisation
312
344
335
-9.3%
Share-based compensation
161
151
119
+6.6%
Buybacks
3,516
742
1,934
+373.9%
Dividends paid
277
276
294
+0.4%
Dividend per share
$1.83
$1.67
$1.62
+9.6%
Diluted shares, weighted
154m
161m
182m
-4.0%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
-2,272
-21.0
5,092
Non-controlling interest
480
196
217
+144.9%
Short-term borrowings
0.0
0.0
0.0
Debt
5,879
7,148
7,387
-17.8%
Operating lease liabilities
1,366
1,867
1,660
-26.8%
Finance lease liabilities
185
206
151
-10.2%
Other liabilities
57,660
55,619
46,740
+3.7%
Total liabilities and equity
63,298
65,015
61,247
-2.6%
Fixed assets
2,092
2,581
2,365
-18.9%
Goodwill
9,451
9,493
9,360
-0.4%
Intangible assets
2,059
2,878
3,156
-28.5%
Cash and equivalents
3,532
6,278
4,015
-43.7%
Receivables
18,583
19,181
19,950
-3.1%
Inventory
18,702
19,246
16,734
-2.8%
Other assets
8,879
5,358
5,667
+65.7%
Total assets
63,298
65,015
61,247
-2.6%
10-K for the year ended 31 March 2022, filed 9 May 2022: the filing.