McKesson Corporation (MCK) — Cash Flow Quality Index

Latest as of March 2026: 0.67x

McKesson Corporation (MCK) has a Cash Flow Quality Index of 0.67x as of March 2026. Operating cash flow of $3.42 Billion is below net income of $5.10 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore investment intensity of McKesson Corporation to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.67x
Operating CF / Net Income

Operating Cash Flow

$3.42 Billion
USD

Net Income

$5.10 Billion
USD

Data as of

Mar 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. Check MCK tangible net worth ratio to evaluate the tangible quality of the company's equity base.

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

Year-by-year earnings quality comparison for McKesson Corporation. For live market cap and the full company financial profile, see market value of McKesson Corporation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2026 1.21x $6.16 Billion $5.10 Billion ▼ -30.9%
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.