73/100B1,085.80
USD
26.55
(2.51%)
Market Closed
Last updated: · Delayed 15 min
Fair value935.50Plus+16%589Price 1,085.801,311
Q3 FY2027 · Earnings report
EPS estimate 10.94Revenue estimate 113.63B
Q3 FY2027 · Earnings report
EPS estimate 10.94Revenue estimate 113.63B
McKesson free cash flow 1995–2027What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.
McKesson's free cash flow in Q2 FY2027, the three months to 30 September 2026, was 2.95B USD, up 32.5% on the same quarter a year before. McKesson's free cash flow over the last twelve months was 6.91B USD, up 15.0% on the twelve months before. In fiscal year 2026 it was 5.41B USD, up 3.5% on the year before.
Last updated 7 Nov 2026 · Next report 3 Feb 2027
Free cash flow
Free cash flow · +6.1% a year over 10 yearsFree cash flow margin
Growth
| Fiscal year | Period ending | Free cash flow | Growth | Free cash flow margin | Operating cash flow | Capital expenditure | Free cash flow per share |
|---|---|---|---|---|---|---|---|
| TTM | 30 Sept 2026 | 6.91B | +14.98% | 1.65% | 7.50B | -595.00M | 57.29 |
| FY2026 | 31 Mar 2026 | 5.41B | +3.52% | 1.34% | 6.16B | -745.00M | 43.59 |
| FY2025 | 31 Mar 2025 | 5.23B | +44.09% | 1.46% | 6.09B | -859.00M | 40.80 |
| FY2024 | 31 Mar 2024 | 3.63B | -21.17% | 1.17% | 4.31B | -687.00M | 27.05 |
| FY2023 | 31 Mar 2023 | 4.60B | +18.00% | 1.66% | 5.16B | -558.00M | 32.36 |
| FY2022 | 31 Mar 2022 | 3.90B | -0.05% | 1.48% | 4.43B | -535.00M | 25.30 |
| FY2021 | 31 Mar 2021 | 3.90B | +0.85% | 1.64% | 4.54B | -641.00M | 24.29 |
| FY2020 | 31 Mar 2020 | 3.87B | +11.18% | 1.67% | 4.37B | -506.00M | 21.25 |
| FY2019 | 31 Mar 2019 | 3.48B | -7.60% | 1.62% | 4.04B | -557.00M | 17.63 |
| FY2018 | 31 Mar 2018 | 3.77B | -9.97% | 1.81% | 4.35B | -580.00M | 18.01 |
| FY2017 | 31 Mar 2017 | 4.18B | +39.63% | 2.11% | 4.74B | -562.00M | 18.75 |
| FY2016 | 31 Mar 2016 | 3.00B | +16.67% | 1.57% | 3.67B | -677.00M | 12.85 |
| FY2015 | 31 Mar 2015 | 2.57B | -5.66% | 1.43% | 3.11B | -545.00M | 10.92 |
| FY2014 | 31 Mar 2014 | 2.72B | +31.01% | 1.98% | 3.14B | -415.00M | 11.68 |
| FY2013 | 31 Mar 2013 | 2.08B | -18.45% | 1.70% | 2.48B | -406.00M | 8.69 |
| FY2012 | 31 Mar 2012 | 2.55B | +30.62% | 2.08% | 2.95B | -403.00M | 10.15 |
| FY2011 | 31 Mar 2011 | 1.95B | +0.62% | 1.74% | 2.34B | -388.00M | 7.41 |
| FY2010 | 31 Mar 2010 | 1.94B | +102.09% | 1.78% | 2.32B | -378.00M | 7.10 |
| FY2009 | 31 Mar 2009 | 959.00M | +86.94% | 0.90% | 1.35B | -392.00M | 3.44 |
| FY2008 | 31 Mar 2008 | 513.00M | -58.39% | 0.50% | 869.00M | -356.00M | 1.72 |
| FY2007 | 31 Mar 2007 | 1.23B | -52.15% | 1.33% | 1.54B | -306.00M | 4.04 |
| FY2006 | 31 Mar 2006 | 2.58B | +84.27% | 2.93% | 2.74B | -167.00M | 8.16 |
| FY2005 | 31 Mar 2005 | 1.40B | +211.89% | 1.74% | 1.54B | -139.90M | 4.76 |
| FY2004 | 31 Mar 2004 | 448.40M | -22.62% | 0.65% | 563.40M | -115.00M | 1.50 |
| FY2003 | 31 Mar 2003 | 579.50M | +193.42% | 1.01% | 695.50M | -116.00M | 1.94 |
| FY2002 | 31 Mar 2002 | 197.50M | +1.70% | 0.39% | 329.30M | -131.80M | 0.66 |
| FY2001 | 31 Mar 2001 | 194.20M | — | 0.46% | 353.10M | -158.90M | 0.69 |
| FY2000 | 31 Mar 2000 | -561.10M | — | -1.53% | -416.00M | -145.10M | -1.97 |
| FY1999 | 31 Mar 1999 | -236.30M | — | -0.78% | 317.10M | -553.40M | -0.86 |
| FY1998 | 31 Mar 1998 | -230.20M | — | -1.10% | 2.20M | -232.40M | -2.41 |
| FY1997 | 31 Mar 1997 | -1.05B | — | -8.13% | 238.10M | -1.29B | -12.42 |
| FY1996 | 31 Mar 1996 | -108.30M | -196.01% | -0.79% | 2.50M | -110.80M | -1.16 |
| FY1995 | 31 Mar 1995 | 112.80M | — | 0.86% | 195.10M | -82.30M | 1.24 |
| Quarter | Period ending | Free cash flow | Growth on a year before | Free cash flow margin | Operating cash flow | Capital expenditure | Free cash flow per share |
|---|---|---|---|---|---|---|---|
| Q2 FY2027 | 30 Sept 2026 | 2.95B | +32.51% | 2.66% | 3.07B | -123.00M | 25.25 |
| Q1 FY2027 | 30 Jun 2026 | -332.00M | — | -0.32% | -220.00M | -112.00M | -2.79 |
| Q4 FY2026 | 31 Mar 2026 | 3.24B | -56.68% | 3.36% | 3.42B | -185.00M | 26.37 |
| Q3 FY2026 | 31 Dec 2025 | 1.06B | — | 1.00% | 1.23B | -175.00M | 8.54 |
| Q2 FY2026 | 30 Sept 2025 | 2.22B | +18.17% | 2.16% | 2.42B | -196.00M | 17.88 |
| Q1 FY2026 | 30 Jun 2025 | -1.11B | — | -1.13% | -918.00M | -189.00M | -8.82 |
| Q4 FY2025 | 31 Mar 2025 | 7.47B | +92.63% | 8.22% | 7.75B | -278.00M | 59.33 |
| Q3 FY2025 | 31 Dec 2024 | -2.58B | -2,679.00% | -2.71% | -2.38B | -196.00M | -20.37 |
| Q2 FY2025 | 30 Sept 2024 | 1.88B | +128.12% | 2.01% | 2.10B | -218.00M | 14.56 |
| Q1 FY2025 | 30 Jun 2024 | -1.55B | — | -1.95% | -1.38B | -167.00M | -11.84 |
| Q4 FY2024 | 31 Mar 2024 | 3.88B | +23.39% | 5.08% | 4.15B | -269.00M | 29.47 |
| Q3 FY2024 | 31 Dec 2023 | 100.00M | -93.39% | 0.12% | 254.00M | -154.00M | 0.75 |
| Q2 FY2024 | 30 Sept 2023 | 825.00M | -16.24% | 1.07% | 965.00M | -140.00M | 6.12 |
| Q1 FY2024 | 30 Jun 2023 | -1.18B | — | -1.58% | -1.05B | -124.00M | -8.61 |
| Q4 FY2023 | 31 Mar 2023 | 3.14B | +15.04% | 4.56% | 3.33B | -182.00M | 22.78 |
| Q3 FY2023 | 31 Dec 2022 | 1.51B | +18.65% | 2.15% | 1.67B | -154.00M | 10.74 |
| Q2 FY2023 | 30 Sept 2022 | 985.00M | -41.09% | 1.40% | 1.11B | -122.00M | 6.84 |
| Q1 FY2023 | 30 Jun 2022 | -1.04B | — | -1.55% | -941.00M | -100.00M | -7.14 |
| Q4 FY2022 | 31 Mar 2022 | 2.73B | -13.43% | 4.13% | 2.89B | -155.00M | 18.31 |
| Q3 FY2022 | 31 Dec 2021 | 1.28B | +21.41% | 1.86% | 1.38B | -101.00M | 8.42 |
| Q2 FY2022 | 30 Sept 2021 | 1.67B | +91.52% | 2.51% | 1.79B | -120.00M | 10.73 |
| Q1 FY2022 | 30 Jun 2021 | -1.78B | — | -2.84% | -1.62B | -159.00M | -11.27 |
| Q4 FY2021 | 31 Mar 2021 | 3.16B | -29.65% | 5.34% | 3.37B | -214.00M | 19.66 |
| Q3 FY2021 | 31 Dec 2020 | 1.05B | — | 1.68% | 1.21B | -162.00M | 6.59 |
| Q2 FY2021 | 30 Sept 2020 | 873.00M | — | 1.44% | 1.02B | -148.00M | 5.35 |
| Q1 FY2021 | 30 Jun 2020 | -1.18B | — | -2.12% | -1.06B | -117.00M | -7.22 |
| Q4 FY2020 | 31 Mar 2020 | 4.49B | +19.85% | 7.66% | 4.65B | -168.00M | 25.78 |
| Q3 FY2020 | 31 Dec 2019 | -275.00M | — | -0.46% | -121.00M | -154.00M | -1.53 |
| Q2 FY2020 | 30 Sept 2019 | -181.00M | -114.18% | -0.31% | -108.00M | -73.00M | -0.99 |
| Q1 FY2020 | 30 Jun 2019 | -162.00M | — | -0.29% | -51.00M | -111.00M | -0.86 |
| Q4 FY2019 | 31 Mar 2019 | 3.74B | +32.07% | 7.14% | 3.90B | -152.00M | 19.60 |
| Q3 FY2019 | 31 Dec 2018 | -334.00M | — | -0.59% | -177.00M | -157.00M | -1.71 |
| Q2 FY2019 | 30 Sept 2018 | 1.28B | +176.79% | 2.40% | 1.38B | -103.00M | 6.41 |
| Q1 FY2019 | 30 Jun 2018 | -1.21B | -293.58% | -2.29% | -1.06B | -145.00M | -5.97 |
| Q4 FY2018 | 31 Mar 2018 | 2.83B | +128.18% | 5.49% | 3.02B | -188.00M | 13.76 |
| Q3 FY2018 | 31 Dec 2017 | -153.00M | -160.71% | -0.29% | -16.00M | -137.00M | -0.74 |
| Q2 FY2018 | 30 Sept 2017 | 461.00M | -51.11% | 0.89% | 598.00M | -137.00M | 2.20 |
| Q1 FY2018 | 30 Jun 2017 | 623.00M | -64.30% | 1.22% | 741.00M | -118.00M | 2.92 |
| Q4 FY2017 | 31 Mar 2017 | 1.24B | -56.36% | 2.55% | 1.44B | -193.00M | 5.80 |
| Q3 FY2017 | 31 Dec 2016 | 252.00M | — | 0.50% | 381.00M | -129.00M | 1.14 |
| Q2 FY2017 | 30 Sept 2016 | 943.00M | +46.66% | 1.89% | 1.07B | -126.00M | 4.14 |
| Q1 FY2017 | 30 Jun 2016 | 1.75B | +422.46% | 3.51% | 1.86B | -114.00M | 7.65 |
| Q4 FY2016 | 31 Mar 2016 | 2.85B | +63.28% | 6.10% | 3.11B | -260.00M | 12.43 |
| Q3 FY2016 | 31 Dec 2015 | -828.00M | -188.94% | -1.73% | -685.00M | -143.00M | -3.57 |
| Q2 FY2016 | 30 Sept 2015 | 643.00M | — | 1.32% | 797.00M | -154.00M | 2.74 |
| Q1 FY2016 | 30 Jun 2015 | 334.00M | +430.16% | 0.70% | 454.00M | -120.00M | 1.42 |
| Q4 FY2015 | 31 Mar 2015 | 1.74B | -31.51% | 3.88% | 1.88B | -140.00M | 7.39 |
| Q3 FY2015 | 31 Dec 2014 | 931.00M | — | 1.98% | 1.06B | -133.00M | 3.94 |
| Q2 FY2015 | 30 Sept 2014 | -170.00M | — | -0.38% | -17.00M | -153.00M | -0.72 |
| Q1 FY2015 | 30 Jun 2014 | 63.00M | -89.77% | 0.14% | 182.00M | -119.00M | 0.27 |
| Q4 FY2014 | 31 Mar 2014 | 2.55B | +23.01% | 6.67% | 2.66B | -119.00M | 10.83 |
| Q3 FY2014 | 31 Dec 2013 | -440.00M | — | -1.28% | -341.00M | -99.00M | -1.88 |
| Q2 FY2014 | 30 Sept 2013 | 0.00 | -100.00% | 0.00% | 97.00M | -97.00M | 0.00 |
| Q1 FY2014 | 30 Jun 2013 | 616.00M | — | 1.91% | 716.00M | -100.00M | 2.66 |
| Q4 FY2013 | 31 Mar 2013 | 2.07B | +81.81% | 6.76% | 2.21B | -138.00M | 9.11 |
| Q3 FY2013 | 31 Dec 2012 | -284.00M | -217.84% | -0.91% | -183.00M | -101.00M | -1.18 |
| Q2 FY2013 | 30 Sept 2012 | 928.00M | -2.42% | 3.11% | 1.01B | -83.00M | 3.87 |
| Q1 FY2013 | 30 Jun 2012 | -636.00M | -393.09% | -2.07% | -552.00M | -84.00M | -2.65 |
| Q4 FY2012 | 31 Mar 2012 | 1.14B | +29.32% | 3.59% | 1.23B | -96.00M | 4.82 |
| Q3 FY2012 | 31 Dec 2011 | 241.00M | -46.92% | 0.78% | 321.00M | -80.00M | 0.96 |
| Q2 FY2012 | 30 Sept 2011 | 951.00M | +443.43% | 3.15% | 1.07B | -118.00M | 3.80 |
| Q1 FY2012 | 30 Jun 2011 | 217.00M | -50.79% | 0.72% | 326.00M | -109.00M | 0.85 |
| Q4 FY2011 | 31 Mar 2011 | 880.00M | +81.82% | 3.05% | 1.00B | -120.00M | 3.53 |
| Q3 FY2011 | 31 Dec 2010 | 454.00M | +312.73% | 1.61% | 540.00M | -86.00M | 1.76 |
| Q2 FY2011 | 30 Sept 2010 | 175.00M | -66.54% | 0.64% | 270.00M | -95.00M | 0.67 |
| Q1 FY2011 | 30 Jun 2010 | 441.00M | -46.29% | 1.61% | 528.00M | -87.00M | 1.62 |
| Q4 FY2010 | 31 Mar 2010 | 484.00M | -5.65% | 1.82% | 591.00M | -107.00M | 1.82 |
| Q3 FY2010 | 31 Dec 2009 | 110.00M | +61.76% | 0.39% | 192.00M | -82.00M | 0.40 |
| Q2 FY2010 | 30 Sept 2009 | 523.00M | +268.31% | 1.93% | 626.00M | -103.00M | 1.93 |
| Q1 FY2010 | 30 Jun 2009 | 821.00M | +247.88% | 3.08% | 907.00M | -86.00M | 3.02 |
| Q4 FY2009 | 31 Mar 2009 | 513.00M | -36.43% | 1.96% | 617.00M | -104.00M | 1.90 |
| Q3 FY2009 | 31 Dec 2008 | 68.00M | — | 0.25% | 186.00M | -118.00M | 0.25 |
| Q2 FY2009 | 30 Sept 2008 | 142.00M | -81.19% | 0.53% | 234.00M | -92.00M | 0.51 |
| Q1 FY2009 | 30 Jun 2008 | 236.00M | -33.71% | 0.88% | 314.00M | -78.00M | 0.84 |
| Q4 FY2008 | 31 Mar 2008 | 807.00M | -7.56% | 3.08% | 916.00M | -109.00M | 2.91 |
| Q3 FY2008 | 31 Dec 2007 | -1.41B | — | -5.30% | -1.32B | -86.00M | -4.73 |
| Q2 FY2008 | 30 Sept 2007 | 755.00M | +130.89% | 3.09% | 840.00M | -85.00M | 2.53 |
| Q1 FY2008 | 30 Jun 2007 | 356.00M | +61.09% | 1.45% | 432.00M | -76.00M | 1.17 |
| Q4 FY2007 | 31 Mar 2007 | 873.00M | -29.48% | 3.61% | 984.00M | -111.00M | 2.94 |
| Q3 FY2007 | 31 Dec 2006 | -188.00M | — | -0.81% | -130.00M | -58.00M | -0.62 |
| Q2 FY2007 | 30 Sept 2006 | 327.00M | -74.19% | 1.46% | 390.00M | -63.00M | 1.07 |
| Q1 FY2007 | 30 Jun 2006 | 221.00M | -62.73% | 0.94% | 295.00M | -74.00M | 0.72 |
| Q4 FY2006 | 31 Mar 2006 | 1.24B | +29.59% | 5.43% | 1.27B | -29.00M | 4.10 |
| Q3 FY2006 | 31 Dec 2005 | — | — | — | -532.00M | — | — |
| Q2 FY2006 | 30 Sept 2005 | 1.27B | +469.69% | 5.86% | 1.37B | -105.00M | 4.01 |
| Q1 FY2006 | 30 Jun 2005 | 593.00M | +462.62% | 2.82% | 637.00M | -44.00M | 1.89 |
| Q4 FY2005 | 31 Mar 2005 | 955.30M | +20.04% | 4.63% | 1.00B | -49.00M | 3.16 |
| Q3 FY2005 | 31 Dec 2004 | 115.40M | — | 0.56% | 152.10M | -36.70M | 0.39 |
| Q2 FY2005 | 30 Sept 2004 | 222.40M | — | 1.12% | 253.70M | -31.30M | 0.74 |
| Q1 FY2005 | 30 Jun 2004 | 105.40M | +710.77% | 0.55% | 128.30M | -22.90M | 0.35 |
| Q4 FY2004 | 31 Mar 2004 | 795.80M | +161.86% | 4.44% | 839.20M | -43.40M | 2.73 |
| Q3 FY2004 | 31 Dec 2003 | -12.50M | -103.17% | -0.01% | 12.60M | -25.10M | -0.04 |
| Q2 FY2004 | 30 Sept 2003 | -347.90M | -308.95% | -2.07% | -331.70M | -16.20M | -1.16 |
| Q1 FY2004 | 30 Jun 2003 | 13.00M | — | 0.08% | 43.30M | -30.30M | 0.04 |
| Q4 FY2003 | 31 Mar 2003 | 303.90M | +59.03% | 2.04% | 338.10M | -34.20M | 1.05 |
| Q3 FY2003 | 31 Dec 2002 | 393.90M | +758.17% | 2.64% | 393.90M | 0.00 | 1.32 |
| Q2 FY2003 | 30 Sept 2002 | 166.50M | -55.65% | 1.22% | 166.50M | 0.00 | 0.56 |
| Q1 FY2003 | 30 Jun 2002 | -229.50M | — | -1.68% | -203.00M | -26.50M | -0.76 |
| Q4 FY2002 | 31 Mar 2002 | 191.10M | -8.39% | 1.47% | 248.10M | -57.00M | 0.66 |
| Q3 FY2002 | 31 Dec 2001 | 45.90M | -77.69% | 0.35% | 77.60M | -31.70M | 0.15 |
| Q2 FY2002 | 30 Sept 2001 | 375.40M | — | 3.09% | 401.20M | -25.80M | 1.26 |
| Q1 FY2002 | 30 Jun 2001 | -414.90M | — | -3.56% | -397.60M | -17.30M | -1.40 |
| Q4 FY2001 | 31 Mar 2001 | 208.60M | — | 1.83% | 271.50M | -62.90M | 0.73 |
| Q3 FY2001 | 31 Dec 2000 | 205.70M | -59.32% | 1.87% | 242.10M | -36.40M | 0.70 |
| Q2 FY2001 | 30 Sept 2000 | -158.40M | — | -1.60% | -128.00M | -30.40M | -0.56 |
| Q1 FY2001 | 30 Jun 2000 | -61.70M | — | -0.63% | -32.50M | -29.20M | -0.21 |
| Q4 FY2000 | 31 Mar 2000 | — | — | — | -579.20M | — | — |
| Q3 FY2000 | 31 Dec 1999 | 505.60M | — | 5.11% | 601.30M | -95.70M | 1.74 |
| Q2 FY2000 | 30 Sept 1999 | -137.00M | — | -1.51% | -70.00M | -67.00M | -0.49 |
| Q1 FY2000 | 30 Jun 1999 | -435.20M | -3,447.69% | -5.00% | -368.10M | -67.10M | -1.50 |
| Q4 FY1999 | 31 Mar 1999 | 541.00M | — | 5.64% | 686.90M | -145.90M | 1.93 |
| Q3 FY1999 | 31 Dec 1998 | -390.40M | — | -4.89% | -48.20M | -342.20M | -3.87 |
| Q2 FY1999 | 30 Sept 1998 | -399.90M | — | -5.76% | -369.50M | -30.40M | -4.08 |
| Q1 FY1999 | 30 Jun 1998 | 13.00M | — | 0.22% | 47.90M | -34.90M | 0.14 |
| Q4 FY1998 | 31 Mar 1998 | -9.00M | — | -0.12% | 222.10M | -231.10M | -0.10 |
| Q3 FY1998 | 31 Dec 1997 | — | — | — | -78.50M | — | — |
| Q2 FY1998 | 30 Sept 1997 | -139.00M | -1,319.30% | -3.11% | -113.80M | -25.20M | -1.44 |
| Q1 FY1998 | 30 Jun 1997 | -50.70M | — | -1.17% | -27.60M | -23.10M | -0.53 |
| Q4 FY1997 | 31 Mar 1997 | -856.70M | -1,007.52% | -21.42% | 373.30M | -1.23B | -9.34 |
| Q3 FY1997 | 31 Dec 1996 | -127.10M | — | -3.65% | -112.80M | -14.30M | -1.48 |
| Q2 FY1997 | 30 Sept 1996 | 11.40M | -75.05% | 0.32% | 33.40M | -22.00M | 0.13 |
| Q1 FY1997 | 30 Jun 1996 | -75.90M | — | -2.17% | -55.80M | -20.10M | -0.88 |
| Q4 FY1996 | 31 Mar 1996 | 94.40M | -31.64% | 2.71% | 150.80M | -56.40M | 1.05 |
| Q3 FY1996 | 31 Dec 1995 | -208.70M | — | -5.88% | -194.00M | -14.70M | -2.22 |
| Q2 FY1996 | 30 Sept 1995 | 45.70M | — | 1.36% | 69.40M | -23.70M | 0.49 |
| Q1 FY1996 | 30 Jun 1995 | -39.70M | — | -1.19% | -23.70M | -16.00M | -0.42 |
| Q4 FY1995 | 31 Mar 1995 | 138.10M | — | 4.12% | 165.40M | -27.30M | 1.47 |
Figures in USD. Free cash flow is operating cash flow less capital expenditure. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Stock buybacks,Cash flow
Common questions about McKesson's free cash flow
Source: Financial Modeling Prep