McKesson Corporation (NYSE:MCK) Q4 2024 Earnings Conference Call May 7, 2024 4:30 PM ET
Company Participants
Rachel Rodriguez - VP of Investor Relations
Brian Tyler - Chief Executive Officer
Britt Vitalone - Executive Vice President and Chief Financial Officer
Conference Call Participants
Kevin Caliendo - UBS
Allen Lutz - Bank of America Merrill Lynch
Lisa Gill - JPMorgan
Michael Cherny - Leerink Partners
Charles Rhyee - TD Cowen
Eric Percher - Nephron Research
Stephanie Davis - Barclays
Elizabeth Anderson - Evercore ISI
Daniel Grosslight - Citi
Erin Wright - Morgan Stanley
Stephen Baxter - Wells Fargo
Operator
Please stand by. Welcome to McKesson's Fourth Quarter Fiscal 2024 Earnings Conference Call. Please be advised that today's conference is being recorded.
At this time, I would like to turn the call over to Rachel Rodriguez, VP of Investor Relations. Please go ahead.
Rachel Rodriguez
Thank you, Operator. Good afternoon and welcome everyone to McKesson's fourth quarter fiscal 2024 earnings call. Today I'm joined by Brian Tyler, our Chief Executive Officer, and Britt Vitalone, our Chief Financial Officer. Brian will lead off, followed by Britt, and then we will move to a question-and-answer session.
Today's discussion will include forward looking statements such as forecasts about McKesson's operations and future results. Please refer to the cautionary statements in today's earnings release and presentation slides available on our website at investor.mckesson.com and to the Risk Factors section of our most recent annual and periodic SEC filings for additional information concerning risk factors that could cause our actual results to materially differ from those in our forward looking statements.
Information about non-GAAP financial measures that we will discuss during this webcast, including a reconciliation of those measures to GAAP results, can be found in today's earnings release and presentation slides. Presentation slides also include a summary of our results for the quarter and guidance assumptions.
With that, let me turn it over to Brian.
Brian Tyler
Thank you Rachel and good afternoon everyone. Thanks for joining our call this afternoon. Today we reported our fiscal fourth quarter results, marking the close to a strong fiscal 2024. I want to thank the 51,000 McKesson employees for their terrific efforts over the course of this year, as together we drove the business and achieved significant progress in advancing our mission and our strategies.
In fiscal 2024, consolidated revenue grew 12% to $309 billion and adjusted earnings per diluted share increased by 6% to $27.44, both exceeding the expectations we set out at the beginning of the fiscal year. We're pleased with the growth across the enterprise, supported by our differentiated portfolio of assets, our innovative solutions, and our deep commitment to quality and operational excellence.