McKesson balance sheet

At the end of fiscal 2026, McKesson had total assets of $82.32bn and shareholders' equity of −$2.17bn. It held $3.98bn in cash against $6.53bn of debt: net debt of $2.55bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

McKesson: balance sheet, annual
Fiscal year	2010Mar 2010	2011Mar 2011	2012Mar 2012	2013Mar 2013	2014Mar 2014	2015Mar 2015	2016Mar 2016	2017Mar 2017	2018Mar 2018	2019Mar 2019	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026	LTMJun 2026
Cash and equivalents	3.7	3.6	3.1	2.5	4.2	5.3	4.0	2.8	2.7	3.0	4.0	6.3	3.5	4.7	4.6	5.7	4.0	5.2
Receivables	8.1	9.2	10.0	10.0	13.8	15.9	18.0	18.2	17.7	18.2	20.0	19.2	18.6	19.4	21.6	25.6	28.0	30.3
Inventory	9.4	9.2	10.1	10.3	13.0	14.3	15.3	15.3	16.3	16.7	16.7	19.2	18.7	19.7	21.1	23.0	24.2	26.3
Total current assets	21.5	22.4	23.6	23.2	32.8	36.7	38.4	36.9	37.1	38.5	42.2	45.4	46.2	44.3	48.0	55.4	57.2	62.8
Goodwill	3.6	4.4	5.0	6.4	9.9	9.8	9.8	10.6	10.9	9.4	9.4	9.5	9.5	9.9	10.1	10.0	11.3	11.3
Total assets	28.2	30.9	33.1	34.8	51.8	53.9	56.5	61.0	60.4	59.7	61.2	65.0	63.3	62.3	67.4	75.1	82.3	88.3
Accounts payable	13.3	14.1	16.1	16.1	21.1	25.2	28.6	31.0	32.2	33.9	37.2	39.0	38.1	42.5	47.1	55.3	60.0	63.7
Deferred revenue (current)	1.2	1.3	1.4	1.4	1.2	1.1	0.9	0.3	0.1	—	—	—	—	—	—	—	—	—
Total current liabilities	17.0	18.7	21.7	21.4	29.6	33.5	35.1	35.6	36.7	37.6	42.6	44.1	48.5	48.0	52.4	61.6	67.0	70.4
Short-term debt	0.0	0.4	0.5	0.0	1.4	1.5	1.6	1.1	1.1	0.3	1.1	0.0	0.0	0.0	0.0	—	—	—
Long-term debt	2.3	3.6	3.1	4.9	8.9	8.2	6.5	7.3	6.8	7.3	6.3	6.4	5.9	5.6	5.6	5.7	6.5	9.7
Total debt	2.3	4.0	3.6	4.9	10.6	9.8	8.1	8.5	7.9	7.6	7.4	7.1	5.9	5.6	5.6	5.7	6.5	9.7
Shareholders' equity	7.5	7.2	6.8	7.1	8.5	8.0	8.9	11.1	9.8	8.1	5.1	−0.0	−2.3	−1.9	−2.0	−2.1	−2.2	−4.2
Net debt (negative = net cash)	−1.4	0.4	0.4	2.4	6.4	4.5	4.1	5.8	5.2	4.6	3.4	0.9	2.4	0.9	1.0	0.0	2.6	4.6

US$ billions unless shown otherwise. Fiscal quarters.

McKesson: balance sheet, quarterly
Quarter	2025 Q2Sept 2024	2025 Q3Dec 2024	2025 Q4Mar 2025	2026 Q1Jun 2025	2026 Q2Sept 2025	2026 Q3Dec 2025	2026 Q4Mar 2026	2027 Q1Jun 2026
Receivables	25.3	25.8	25.6	28.2	28.3	28.2	28.0	30.3
Inventory	24.2	23.8	23.0	25.1	26.1	27.1	24.2	26.3
Total current assets	53.3	51.7	55.4	56.8	59.9	59.7	57.2	62.8
Goodwill	10.1	10.0	10.0	11.4	11.3	11.3	11.3	11.3
Total assets	72.4	71.1	75.1	81.3	84.2	84.2	82.3	88.3
Accounts payable	53.3	49.7	55.3	57.9	60.9	60.7	60.0	63.7
Total current liabilities	58.8	58.6	61.6	64.3	68.0	68.1	67.0	70.4
Short-term debt	—	2.4	—	—	—	—	—	—
Long-term debt	5.7	5.6	5.7	7.8	7.8	6.6	6.5	9.7
Total debt	5.7	8.0	5.7	7.8	7.8	6.6	6.5	9.7
Shareholders' equity	−3.0	−3.1	−2.1	−2.0	−1.7	−1.3	−2.2	−4.2

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from McKesson's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to McKesson.