McKesson (MCK) Revenue — Quarter Ended Dec 31, 2023
McKesson reported a revenue increase for the quarter. The improvement reflects continued growth compared with both the prior quarter and the same period last year.
Key takeaway
Quarter ended Dec 31, 2023 · FY2024 Q3
McKesson reported a revenue increase for the quarter. The improvement reflects continued growth compared with both the prior quarter and the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$80.9B
Revenue reported for this quarter.
Quarter-over-quarter
+4.8%
Change from the immediately preceding quarter.
Year-over-year
+14.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$301.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $68.9B | +4.2% |
| Jun 30, 2023 | $74.5B | +10.9% |
| Sep 30, 2023 | $77.2B | +10.1% |
| Dec 31, 2023 | $80.9B | +14.8% |
Revenue performance
Revenue for the quarter rose from the immediately preceding quarter, extending the upward trend seen in recent periods.
Quarterly comparison
Compared with the same quarter a year earlier, revenue was higher. The sequential and year-over-year gains both point to expanded top-line activity.
What to watch
Despite higher revenue, operating income declined; monitoring cost trends and expense management will be important.