May 12, 2026- McKesson Corporation announced May 7 results for the fourth quarter and fiscal year ended March 31, 2026.
Fourth Quarter Highlights:
- Consolidated revenues of $96.3 billion increased 6%.
- Earnings per diluted share of $13.71 increased $3.
- Adjusted Earnings per Diluted Share of $11.69 increased 16%.
- McKesson entered into a $2.25 billion accelerated share repurchase program.
- McKesson’s Board of Directors approved a $5.0 billion increase to the share repurchase program, bringing the total share repurchase authorization to $7.7 billion as of April 2026.
Full Year Highlights:
- Consolidated revenues of $403.4 billion increased 12%.
- Earnings per diluted share of $38.38 increased $12.66.
- Adjusted Earnings per Diluted Share of $39.11 increased 18%, above previously communicated long-range growth targets.
- Cash flow from operations of $6.2 billion and Free Cash Flow of $5.4 billion.
Outlook:
- Establishing fiscal 2027 Adjusted Earnings per Diluted Share guidance range of $43.80 to $44.60, which indicates 12% to 14% forecasted growth compared to the prior year.
- Reaffirming long-term Adjusted Earnings per Diluted Share growth target of 13% to 16%.
- The Company does not forecast GAAP earnings per diluted share1.