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McKesson (MCK) free cash flow by quarter

McKesson's free cash flow was $2.9B in Q2 FY27 (second quarter fiscal 2027), -11% from Q4 FY26. Over the last 5 quarters it ranged from $1.1B (Q3 FY26) to $7.6B (Q4 FY25).

McKesson free cash flow by quarterMcKesson free cash flow by quarter$7.6BQ4 FY25$2.3BQ2 FY26$1.1BQ3 FY26$3.3BQ4 FY26$2.9BQ2 FY27
QuarterFree cash flowQ/QY/Y
Q2 FY27$2.9B-11%+27%
Q4 FY26$3.3B+194%-56%
Q3 FY26$1.1B-51%—
Q2 FY26$2.3B-69%—
Q4 FY25$7.6B——

Q2 FY27 at a glance

McKesson, Q2 FY27: revenue $111.0B (+8% year over year), operating margin 1.4%, net earnings $1.2B, operating cash flow $3.1B. The chart follows the revenue to costs, profit and cash.

Questions

What is McKesson's free cash flow?

McKesson's free cash flow was $2.9B in Q2 FY27 (second quarter fiscal 2027), -11% from Q4 FY26.

How has McKesson's free cash flow changed?

Over the last 5 quarters it ranged from $1.1B (Q3 FY26) to $7.6B (Q4 FY25).

Q2 FY27 results → · How McKesson makes money →