Healthcare
Medical Distribution
$72.48B
51K
Key insights and themes extracted from this filing
Revenues increased to $93.651 billion for the three months ended September 30, 2024, up from $77.215 billion for the same period in 2023, representing a 21% increase. For the six months ended September 30, 2024, revenues were $172.934 billion, compared to $151.698 billion in 2023, a 14% increase.
Gross profit margin decreased from 3.97% to 3.47% for the three months ended September 30, 2024, and from 4.02% to 3.70% for the six months ended September 30, 2024. This indicates a decrease in profitability relative to revenue.
Net income attributable to McKesson Corporation decreased from $664 million to $241 million for the three months ended September 30, 2024, and from $1.622 billion to $1.156 billion for the six months ended September 30, 2024, representing a significant decrease in profitability.