Mckesson (MCK) Deferred Taxes (2009 - 2026)
Mckesson's (MCK) quarterly Deferred Taxes came in at -$222.0 million in Q1 2026, down 185.38% year-on-year from $260.0 million in Q1 2025, and down 353.06% on a QoQ basis from -$49.0 million in Q4 2025.
Mckesson (MCK) Deferred Taxes (2009 - 2026) Analysis & Trends
Mckesson (MCK) has 18 years of Deferred Taxes data on file, last reported at -$222.0 million in Q1 2026.
- On a quarterly basis, Deferred Taxes fell 185.38% year-over-year to -$222.0 million in Q1 2026; TTM through Mar 2026 was -$230.0 million, a 309.09% decrease from a year earlier, with the FY2026 full-year figure at -$230.0 million, down 309.09% from the prior year.
- Deferred Taxes for Q1 2026 stood at -$222.0 million, down from -$49.0 million in the prior quarter.
- Over the last five years, Deferred Taxes for MCK reached as high as $281.0 million in Q4 2023 and fell as low as -$222.0 million in Q1 2026.
- Historically, Deferred Taxes has averaged $28.3 million across 5 years, with a median of $8.0 million in 2025.
- Across the five-year window, Deferred Taxes soared 483.33% in 2022 and tumbled 369.44% in 2024, its largest moves.
- Year by year, Deferred Taxes stood at $115.0 million in 2022, then jumped 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 slumped by 353.06% to -$222.0 million in 2026.
- Per Business Quant data, the three most recent Deferred Taxes figures were -$222.0 million in Q1 2026, -$49.0 million in Q4 2025, and $33.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 105.15 Bn | 101.18 Bn | 4.04 Bn | -222.00 Mn |
| 2 | Cencora | 60.58 Bn | 58.40 Bn | 3.59 Bn | 178.41 Mn |
| 3 | Cardinal Health | 53.81 Bn | 49.87 Bn | 2.50 Bn | - |
| 4 | Henry Schein | 9.71 Bn | 9.57 Bn | 1.07 Bn | 2.00 Mn |
| 5 | Akso Health | 3.28 Bn | 3.28 Bn | - | - |
| 6 | 111 | 651.73 Mn | 572.63 Mn | 23.58 Mn | - |
| 7 | Accendra Health | 248.02 Mn | -88.86 Mn | 278.03 Mn | 2.57 Mn |
| 8 | Edap Tms | 230.14 Mn | 215.14 Mn | 8.15 Mn | -2,000.00 |
| 9 | VitaNova Life Sciences | 11.51 Mn | 11.01 Mn | 316,343.00 | - |
| 10 | Cosmos Health | 9.57 Mn | 7.41 Mn | 1.38 Mn | -3,326.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -36.00 Mn |