McKesson Corporation (MCK) — Cash Flow Quality Index

Latest as of June 2026: -0.21x

McKesson Corporation (MCK) has a Cash Flow Quality Index of -0.21x as of June 2026. Operating cash flow of $-220.00 Million is below net income of $1.03 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore McKesson Corporation debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.21x
Operating CF / Net Income

Operating Cash Flow

$-220.00 Million
USD

Net Income

$1.03 Billion
USD

Data as of

Jun 2026
Most recent filing

McKesson Corporation Cash Flow Quality Index (1995–2026)

Historical Cash Flow Quality Index for McKesson Corporation across 29 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of McKesson Corporation.

Annual Cash Flow Quality Index for McKesson Corporation (1995–2026)

Year-by-year earnings quality comparison for McKesson Corporation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2026 1.29x $6.16 Billion $4.76 Billion ▼ -26.1%
2025 1.75x $6.08 Billion $3.48 Billion ▲ +28.0%
2024 1.37x $4.31 Billion $3.16 Billion ▼ -1.5%
2023 1.39x $5.16 Billion $3.72 Billion ▼ -59.8%
2022 3.45x $4.43 Billion $1.29 Billion ▼ -11.8%
2020 3.91x $4.37 Billion $1.12 Billion ▼ -96.8%
2019 122.30x $4.04 Billion $33.00 Million ▲ +736.0%
2018 14.63x $4.34 Billion $297.00 Million ▲ +1489.1%
2017 0.92x $4.74 Billion $5.15 Billion ▼ -42.1%
2016 1.59x $3.67 Billion $2.31 Billion ▼ -21.2%
2015 2.02x $3.11 Billion $1.54 Billion ▼ -19.1%
2014 2.49x $3.14 Billion $1.26 Billion ▲ +34.3%
2013 1.86x $2.48 Billion $1.34 Billion ▼ -11.7%
2012 2.10x $2.95 Billion $1.40 Billion ▲ +1.6%
2011 2.07x $2.34 Billion $1.13 Billion ▲ +12.8%
2010 1.83x $2.32 Billion $1.26 Billion ▲ +11.7%
2009 1.64x $1.35 Billion $823.00 Million ▲ +87.0%
2008 0.88x $869.00 Million $990.00 Million ▼ -47.9%
2007 1.69x $1.54 Billion $913.00 Million ▼ -53.9%
2006 3.65x $2.74 Billion $751.00 Million ▲ +319.3%
2004 0.87x $563.40 Million $646.50 Million ▼ -29.6%
2003 1.24x $695.50 Million $562.10 Million ▲ +57.3%
2002 0.79x $329.30 Million $418.60 Million ▲ +139.3%
2000 -2.00x $-416.00 Million $207.80 Million ▼ -153.6%
1999 3.73x $317.10 Million $84.90 Million ▲ +26197.7%
1998 0.01x $2.20 Million $154.90 Million ▼ -99.2%
1997 1.78x $238.10 Million $133.90 Million ▲ +9530.7%
1996 0.02x $2.50 Million $135.40 Million ▼ -96.2%
1995 0.48x $195.10 Million $404.50 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.