McKesson Corporation (MCK) — Free Cash Flow Generation Index
McKesson Corporation (MCK) has a Free Cash Flow Generation Index of 0.97x as of March 2026. Free cash flow of $3.31 Billion represents 1% of operating cash flow ($3.42 Billion). Read McKesson Corporation (MCK) total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
McKesson Corporation Free Cash Flow Generation Index (1995–2026)
Historical FCF Generation Index trend for McKesson Corporation across 31 annual periods. Explore MCK capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for McKesson Corporation (1995–2026)
Year-by-year Free Cash Flow Generation Index for McKesson Corporation. For the full company profile including market capitalisation, see MCK market cap.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.93x | $5.72 Billion | $6.16 Billion | $436.00 Million | ▲ +8.2% |
| 2025 | 0.86x | $5.23 Billion | $6.08 Billion | $859.00 Million | ▲ +2.2% |
| 2024 | 0.84x | $3.63 Billion | $4.31 Billion | $687.00 Million | ▼ -5.7% |
| 2023 | 0.89x | $4.60 Billion | $5.16 Billion | $558.00 Million | ▲ +1.4% |
| 2022 | 0.88x | $3.90 Billion | $4.43 Billion | $535.00 Million | ▲ +2.4% |
| 2021 | 0.86x | $3.90 Billion | $4.54 Billion | $641.00 Million | ▼ -2.9% |
| 2020 | 0.88x | $3.87 Billion | $4.37 Billion | $506.00 Million | ▲ +2.6% |
| 2019 | 0.86x | $3.48 Billion | $4.04 Billion | $557.00 Million | ▼ -0.5% |
| 2018 | 0.87x | $3.77 Billion | $4.34 Billion | $580.00 Million | ▼ -1.7% |
| 2017 | 0.88x | $4.18 Billion | $4.74 Billion | $562.00 Million | ▲ +8.1% |
| 2016 | 0.82x | $3.00 Billion | $3.67 Billion | $677.00 Million | ▼ -1.1% |
| 2015 | 0.82x | $2.57 Billion | $3.11 Billion | $545.00 Million | ▼ -4.9% |
| 2014 | 0.87x | $2.72 Billion | $3.14 Billion | $415.00 Million | ▲ +3.7% |
| 2013 | 0.84x | $2.08 Billion | $2.48 Billion | $406.00 Million | ▼ -3.1% |
| 2012 | 0.86x | $2.55 Billion | $2.95 Billion | $403.00 Million | ▲ +3.5% |
| 2011 | 0.83x | $1.95 Billion | $2.34 Billion | $388.00 Million | ▼ -0.3% |
| 2010 | 0.84x | $1.94 Billion | $2.32 Billion | $378.00 Million | ▲ +17.9% |
| 2009 | 0.71x | $959.00 Million | $1.35 Billion | $392.00 Million | ▲ +20.2% |
| 2008 | 0.59x | $513.00 Million | $869.00 Million | $356.00 Million | ▼ -26.3% |
| 2007 | 0.80x | $1.23 Billion | $1.54 Billion | $306.00 Million | ▼ -14.7% |
| 2006 | 0.94x | $2.58 Billion | $2.74 Billion | $167.00 Million | ▲ +3.3% |
| 2005 | 0.91x | $1.40 Billion | $1.54 Billion | $139.90 Million | ▲ +14.2% |
| 2004 | 0.80x | $448.40 Million | $563.40 Million | $115.00 Million | ▼ -4.5% |
| 2003 | 0.83x | $579.50 Million | $695.50 Million | $116.00 Million | ▲ +38.9% |
| 2002 | 0.60x | $197.50 Million | $329.30 Million | $131.80 Million | ▲ +9.0% |
| 2001 | 0.55x | $194.20 Million | $353.10 Million | $158.90 Million | ▲ +173.8% |
| 1999 | -0.75x | $-236.30 Million | $317.10 Million | $553.40 Million | ▲ +99.3% |
| 1998 | -104.64x | $-230.20 Million | $2.20 Million | $232.40 Million | ▼ -2276.6% |
| 1997 | -4.40x | $-1.05 Billion | $238.10 Million | $1.29 Billion | ▲ +89.8% |
| 1996 | -43.32x | $-108.30 Million | $2.50 Million | $110.80 Million | ▼ -7592.7% |
| 1995 | 0.58x | $112.80 Million | $195.10 Million | $82.30 Million | — |