CARDINAL HEALTH INC
CAH· NYSE· Wholesale-Drugs, Proprietaries & Druggists' Sundries
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 1.8%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +9.4%
We record prices for the companies we cover; CAH is not one of them yet.
Company statistics
Profile · FY2026
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 237.0M
- Revenue
- $254.2B
- Free cash flow
- $4.5B
- Owner earnings
- $4.2B
Valuation · FY2026
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2026
- Gross
- 3.8%
- Operating
- 1.0%
- Net
- 0.7%
- Free cash flow
- 1.8%
- Owner earnings
- 1.6%
- Stock pay
- 0.1%
Returns
- ROIC, FY2026
- –
- ROIC, 5 yr avg
- –
- ROE, FY2026
- –
- ROE, 5 yr avg
- –
Growth (CAGR)
- Revenue, 3 yr
- 7.4%
- Revenue, 5 yr
- 9.4%
- Revenue, 9 yr
- 7.7%
- Diluted EPS, 3 yr
- 79.0%
- Diluted EPS, 5 yr
- 28.3%
- Diluted EPS, 9 yr
- 6.7%
- Free cash flow, 3 yr
- 24.2%
- Free cash flow, 5 yr
- 17.4%
- Free cash flow, 9 yr
- 21.3%
Financial health · FY2026
- Cash and investments
- $4.9B
- Total debt
- –
- Net cash
- –
- Debt/Equity
- –
- Debt/FCF
- –
Shareholder returns · FY2026
- Dividend yield
- –
- Payout ratio
- 28.6%
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- -4.2%
Financials: ten years from the 10-Ks
Revenue
$254.2B
+7.7% a year over 9 years
FY2017FY2026
Margins
Gross3.8%Operating1.0%Net0.7%
FY2026
FY2017FY2026
Free cash flow and owner earnings
Free cash flow$4.5BOwner earnings$4.2B
Free cash flow +21.3% a year
FY2017FY2026
Diluted shares
237.0M
-25.9% over 9 years, net buybacks
FY2017FY2026
Every figure, year by year
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $130.0B | $136.8B | $145.5B | $152.9B | $162.5B | $181.3B | $205.0B | $226.8B | $222.6B | $254.2B |
| Revenue growth | 6.9% | 5.3% | 6.4% | 5.1% | 6.2% | 11.6% | 13.0% | 10.7% | -1.9% | 14.2% |
| Gross margin | 5.0% | 5.2% | 4.7% | 4.5% | 4.2% | 3.6% | 3.4% | 3.3% | 3.7% | 3.8% |
| Operating margin | 1.6% | 0.1% | 1.4% | -2.7% | 0.3% | -0.3% | 0.4% | 0.5% | 1.0% | 1.0% |
| Net income | $1.3B | $256.0M | $1.4B | -$3.7B | $611.0M | -$938.0M | $330.0M | $852.0M | $1.6B | $1.7B |
| Net margin | 1.0% | 0.2% | 0.9% | -2.4% | 0.4% | -0.5% | 0.2% | 0.4% | 0.7% | 0.7% |
| Diluted EPS | $4.03 | $0.81 | $4.53 | $-12.61 | $2.08 | $-3.37 | $1.26 | $3.45 | $6.45 | $7.23 |
| Return on invested capital? | – | – | – | – | – | – | – | – | – | – |
| Cash | ||||||||||
| Operating cash flow | $1.2B | $2.8B | $2.7B | $2.0B | $2.4B | $3.2B | $2.8B | $3.8B | $2.4B | $5.2B |
| Capital expenditure | $387.0M | $384.0M | $328.0M | $375.0M | $400.0M | $387.0M | $481.0M | $511.0M | $547.0M | $649.0M |
| Free cash flow | $797.0M | $2.4B | $2.4B | $1.6B | $2.0B | $2.8B | $2.4B | $3.3B | $1.9B | $4.5B |
| Stock-based compensation | $96.0M | $85.0M | $82.0M | $90.0M | $89.0M | $81.0M | $96.0M | $121.0M | $244.0M | $367.0M |
| Owner earnings? | $701.0M | $2.3B | $2.3B | $1.5B | $1.9B | $2.7B | $2.3B | $3.1B | $1.6B | $4.2B |
| Free cash flow per share | $2.49 | $7.57 | $7.95 | $5.41 | $6.90 | $9.99 | $9.02 | $13.16 | $7.64 | $19.09 |
| Capital allocation | ||||||||||
| Dividends paid | $577.0M | $581.0M | $577.0M | $569.0M | $573.0M | $559.0M | $525.0M | $499.0M | $494.0M | $491.0M |
| Share repurchases | $600.0M | $550.0M | $600.0M | $350.0M | $200.0M | $1.0B | $2.0B | $750.0M | $765.0M | $1.4B |
| Diluted shares | 320.0M | 315.0M | 301.0M | 293.0M | 294.0M | 279.0M | 262.0M | 247.0M | 242.0M | 237.0M |
| Share count change? | -3.0% | -1.6% | -4.4% | -2.7% | 0.3% | -5.1% | -6.1% | -5.7% | -2.0% | -2.1% |
| Balance sheet | ||||||||||
| Cash and equivalents | $6.9B | $1.8B | $2.5B | $2.8B | $3.4B | $4.7B | $4.1B | $5.1B | $3.9B | $4.9B |
| Short-term investments | – | – | – | – | – | – | – | $200.0M | – | – |
| Total debt | – | – | – | – | – | – | – | – | – | – |
| Net debt | – | – | – | – | – | – | – | – | – | – |
| Shareholders' equity | $6.8B | $6.1B | $6.3B | $1.8B | $1.8B | -$709.0M | -$3.0B | -$3.2B | -$2.8B | -$2.9B |
Latest filings
| 2026-09-21 | DEF 14A | Proxy statement |
| 2026-08-11 | 10-K | Annual report |
| 2026-08-11 | 8-K | Earnings release |
| 2026-04-30 | 10-Q | Quarterly report |
| 2026-04-30 | 8-K | Earnings release |
| 2026-02-05 | 10-Q | Quarterly report |
| 2026-02-05 | 8-K | Earnings release |
| 2025-10-30 | 10-Q | Quarterly report |
| 2025-10-30 | 8-K | Earnings release |
| 2025-09-16 | DEF 14A | Proxy statement |
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