Mckesson (MCK) Deferred Taxes (2009 - 2026)
Mckesson's (MCK) quarterly Deferred Taxes came in at -$19.0 million in Q2 2026, down 337.5% year-over-year from $8.0 million in Q2 2025, and up 91.44% quarter-over-quarter from -$222.0 million in Q1 2026.
Analysis
Mckesson (MCK) Deferred Taxes (2009 - 2026) Analysis & Trends
Mckesson (MCK) has reported Deferred Taxes for 18 consecutive years, with -$19.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Deferred Taxes fell 337.5% year-over-year to -$19.0 million in Q2 2026; TTM through Jun 2026 was -$257.0 million, a 276.03% decrease from a year earlier, with the FY2026 full-year figure at -$230.0 million, down 309.09% from the prior year.
- Deferred Taxes was -$19.0 million for Q2 2026 at Mckesson, up from -$222.0 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $281.0 million in Q4 2023 and troughed at -$222.0 million in Q1 2026.
- A 5-year average of $25.7 million and a median of -$5.5 million in 2025 frame the typical range for Deferred Taxes.
- Across the five-year window, Deferred Taxes jumped 483.33% in 2022 and slumped 369.44% in 2024, its largest moves.
- Over 5 years, Deferred Taxes stood at $115.0 million in 2022, then soared by 144.35% to $281.0 million in 2023, then plunged by 108.9% to -$25.0 million in 2024, then plunged by 96.0% to -$49.0 million in 2025, then surged by 61.22% to -$19.0 million in 2026.
- The last three Deferred Taxes figures came in at -$19.0 million (Q2 2026), -$222.0 million (Q1 2026), and -$49.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 104.59 Bn | 99.42 Bn | 3.69 Bn | -19.00 Mn |
| 2 | Cencora | 62.07 Bn | 59.25 Bn | 3.61 Bn | 54.88 Mn |
| 3 | Cardinal Health | 55.70 Bn | 50.84 Bn | 2.56 Bn | - |
| 4 | Henry Schein | 9.91 Bn | 9.75 Bn | 1.10 Bn | -10.00 Mn |
| 5 | ZeroStack | 48.41 Mn | 45.45 Mn | 1.62 Mn | 258,000.00 |
| 6 | 111 | 30.02 Mn | -24.35 Mn | 18.18 Mn | - |
| 7 | Guardian Pharmacy Services | 5.58 Mn | -84.23 Mn | 80.04 Mn | - |
| 8 | Ridgetech | 4.83 Mn | -13.18 Mn | - | - |
| 9 | DataMeds AI | 1.85 Mn | 1.80 Mn | 170,221.00 | - |
| 10 | MedWellAI | 1.47 Mn | 1.32 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -19.00 Mn |
| Mar 31, 2026 | -222.00 Mn |
| Dec 31, 2025 | -49.00 Mn |
| Sep 30, 2025 | 33.00 Mn |
| Jun 30, 2025 | 8.00 Mn |
| Mar 31, 2025 | 260.00 Mn |
| Dec 31, 2024 | -25.00 Mn |
| Sep 30, 2024 | -97.00 Mn |
| Jun 30, 2024 | -28.00 Mn |
| Mar 31, 2024 | 51.00 Mn |
| Dec 31, 2023 | 281.00 Mn |
| Sep 30, 2023 | 36.00 Mn |
| Jun 30, 2023 | 235.00 Mn |
| Mar 31, 2023 | 75.00 Mn |
| Dec 31, 2022 | 115.00 Mn |
| Sep 30, 2022 | -61.00 Mn |
| Jun 30, 2022 | -109.00 Mn |
| Mar 31, 2022 | -22.00 Mn |
| Dec 31, 2021 | -30.00 Mn |
| Sep 30, 2021 | 54.00 Mn |