Healthcare
Medical Distribution
$72.48B
51K
Key insights and themes extracted from this filing
Revenues increased by 6% year-over-year, primarily driven by a 7% increase in the U.S. Pharmaceutical segment due to growth in specialty pharmaceuticals and higher volumes from retail national account customers. Total revenues reached $79.283 billion.
Gross profit margin decreased slightly from 4.06% to 3.98% year-over-year, despite a 4% increase in gross profit to $3.152 billion. This decrease is primarily due to changes in product mix and pricing dynamics.
Net income attributable to McKesson Corporation decreased by 4% year-over-year, from $958 million to $915 million. This decrease is primarily due to a rise in operating expenses and a decrease in other income.