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
DateValue
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