79.3B 3.9%
Total Revenue QoQ (USD) - Q2 '24

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Income Statement (USD)

Q2 '24 QoQ
Revenue 79.3B 3.9%
Gross Profit 3.15B 12.1%
Cost of Revenue 78.2B 3.7%
Operating expense 2.12B 10.4%
Net Income 915M 15.7%
EBITDA 1.18B 29.1%

Balance Sheet (USD)

Q2 '24 QoQ
Total Assets 71.7B 6.3%
Total Liabilities 73.4B 5.8%
Shares Outstanding 130M 0.8%

Cash Flow (USD)

Q2 '24 QoQ
Cash from operations -1.38B 133.3%
Cash from investing -87M 84.9%
Cash from financing -809M 16.4%

EPS

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Financial Highlights for McKesson in Q2 '24

McKesson reported a revenue of 79.3B, which is a 3.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.

Gross Profit stood at 3.15B, marking a -12.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.

Cost of Revenue was 78.2B, a 3.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.

Operating Expenses for this period were 2.12B, showing a -10.4% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.

Net Income for the quarter was 915M, showing a 15.7% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.

The company's EBITDA for the quarter was 1.18B, showing a -29.1% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.

McKesson faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. A decline in EBITDA signals potential operational challenges or increased costs.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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