McKesson Corporation (NYSE:MCK) Q2 2025 Earnings Conference Call November 6, 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
Lisa Gill - JPMorgan
Kevin Caliendo - UBS
Daniel Grosslight - Citi
Charles Rhee - TD Cowen
Brian Tanquilut - Jeffries
Elizabeth Anderson - Evercore ISI
Eric Percher - Nephron Research
Stephanie Davis - Barclays
Stephen Baxter - Wells Fargo
George Hill - Deutsche Bank
Allen Lutz - Bank of America
Erin Wright - Morgan Stanley
Michael Cherny - Leerink Partners
Operator
Ladies and gentlemen, welcome to McKesson's Second Quarter Fiscal 2025 Earnings Conference Call. Please be advised that today's conference is being recorded at this time. I'd like to turn the conference over to Rachel Rodriguez, Vice President of Investor Relations. Please go ahead, ma'am.
Rachel Rodriguez
Thank you, Operator. Good afternoon and welcome everyone to McKesson's second quarter fiscal 2025 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 into a question-and-answer session.
Today's discussions 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 report and other SEC filings for additional information concerning risk factors that could cause our actual results to 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 updated guidance. With that, let me turn it over to Brian.
Brian Tyler
Thank you, Rachel and good afternoon, to everybody. Thank you. Appreciate you joining our call. Today McKesson reported solid performance in our second quarter, generating record quarterly revenue of $93.7 billion.
Adjusted operating profit increased 7% to $1.3 billion and adjusted earnings per diluted share increased 13% to $7.07. We generated strong cash flows in the quarter, allowing us to return more capital to shareholders and to make strategic investments to support the future growth of the business.