• McKesson average return on tangible equity for 2023 was -25.52, a 70.25% decline from 2022.
• McKesson average return on tangible equity for 2022 was -14.99, a 151.6% increase from 2021.
• McKesson average return on tangible equity for 2021 was 29.05, a 1148.74% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.