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Cardinal Health

CAHNYSEStock Fundamentals

Cardinal Health is a global healthcare services and products company that serves as a critical link in the medical supply chain. The company specializes in the distribution of pharmaceuticals and medical products while also manufacturing its own line of surgical and laboratory supplies. Its value proposition centers on enhancing supply chain efficiency and providing customized solutions for hospitals, pharmacies, and patients in the home.

Market Cap$43.6B
Revenue TTM$250.74B
Net Income TTM$1.6B
P/E Ratio28.07
Net Margin0.62%
Free Cash Flow TTM$4.4B
Employees48.0K
CEOJason Hollar
CountryUnited States of America
Healthcare
Medical - Distribution
SegmentsHealthcare Distribution, Medical Devices, Pharmaceutical Services
Business ModelsWholesale Distribution, Manufacturing, Managed Service Organization (MSO), Direct-to-Consumer (DTC)
Most Recent EarningsApr 30, 2026 · 15 days agoQ1 2026 · FQ3 FY2026
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Next EarningsAug 11, 2026 · in 3 monthsBefore Market Open · Q2 2026 · FQ4 FY2026

Financials

Based on Q1 2026 · FQ3 FY2026 filing

Gross Margin3.76%
Op. Margin0.92%
ROE-53.81%
D/E-314.83%
Current Ratio0.906
Total Debt$8.9B
Cash$3.9B
CapEx TTM$617.0M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Pharmaceutical and Specialty Solutions

primary

Distributes branded, generic, and specialty pharmaceuticals, as well as over-the-counter healthcare products. It also provides management services to physician practices and data analytics to biopharmaceutical manufacturers.

Products

Branded Pharmaceuticals, Generic Pharmaceuticals, Specialty Pharmaceuticals, Over-the-counter healthcare products, MSO platforms

Customers

Retail pharmacies, Hospitals, Physician practices, Specialty pharmacies, Biopharmaceutical manufacturers

Global Medical Products and Distribution (GMPD)

major

Manufactures, sources, and distributes Cardinal Health branded and national brand medical, surgical, and laboratory products. It also provides automated inventory management technology and supply chain solutions.

Products

Surgical gloves, Needle and syringe systems, Wound care products, Fluid suction and collection systems, Wavemark inventory platform, Sterile procedure kits

Customers

Hospitals, Ambulatory surgery centers, Clinical laboratories, Third-party distributors

Nuclear and Precision Health Solutions

moderate

Operates nuclear pharmacies and manufacturing facilities that produce and deliver radiopharmaceuticals for imaging and theranostics.

Products

Xofigo, Lymphoseek, Radiopharmaceuticals

Customers

Hospitals, Physician offices

at-Home Solutions

moderate

Provides medical supplies directly to patients with chronic conditions in their homes and serves home medical equipment providers.

Products

Diabetic medical supplies, Incontinence products, Home medical equipment

Customers

Patients in the home, Home health and hospice agencies, E-commerce providers

Segment Financials

Pharmaceutical and Specialty Solutions — Revenue

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Pharmaceutical and Specialty Solutions — Distribution, selling, general and administrative expenses

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Pharmaceutical and Specialty Solutions — Costs and Expenses

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Cost of product sold — Segment Reporting, Long-Lived Asset, Expenditure for Addition

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Pharmaceutical and Specialty Solutions — Cost of products sold

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Pharmaceutical and Specialty Solutions — Total operating earnings

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Pharmaceutical and Specialty Solutions — Total Assets

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Pharmaceutical and Specialty Solutions — Segment Reporting, Long-Lived Asset, Expenditure for Addition

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Business Overview

Competitive Position

A leading global distributor of pharmaceuticals and medical products with a significant manufacturing presence in surgical and laboratory supplies.

Geographies

United States, Canada, Europe, Asia

Customer Segments

Hospitals, Retail Pharmacies, Physician Practices, Home Healthcare

Upstream Dependencies

Branded pharmaceutical manufacturers, Generic drug manufacturers, Raw material suppliers for medical devices, Third-party logistics providers

Downstream Customers

Retail pharmacy chains, Independent drug stores, Hospital systems, Ambulatory surgery centers, Chronic care patients

Competitors & Partners

Partners

CVS Health logo

CVS Health

CVS

Joint venture partner in Red Oak Sourcing for generic pharmaceutical procurement

V

Vizient, Inc.

Major Group Purchasing Organization (GPO) relationship

T

Transaction Data Systems

Entity in which Cardinal Health holds a minority stake following the contribution of its Outcomes business

Subsidiaries

A

Advanced Diabetes Supply Group

Provider of diabetes medical supplies to patients in the home

G

GI Alliance

Gastroenterology management services organization

I

Integrated Oncology Network

Physician-led independent community oncology network

S

Specialty Networks

Technology-enabled multi-specialty group purchasing organization

U

Urology America MSO, LLC

Urology management services organization

E

Edgepark

Direct-to-home medical supply provider

Cardinal Health logo

Cardinal Health FAQ

Common questions about Cardinal Health

Cardinal Health is a global healthcare services and products company that serves as a critical link in the medical supply chain. The company specializes in the distribution of pharmaceuticals and medical products while also manufacturing its own line of surgical and laboratory supplies. Its value proposition centers on enhancing supply chain efficiency and providing customized solutions for hospitals, pharmacies, and patients in the home.

Cardinal Health (CAH) has a market capitalization of $43.6B and trades on NYSE.

Cardinal Health generated $250.74B in trailing twelve-month revenue with net income of $1.6B, representing a net margin of 0.6%. Gross margin stands at 3.8%, with free cash flow of $4.4B. These figures are based on the Q1 2026 filing.

Cardinal Health's key competitors include Cencora, Inc., McKesson Corporation, Boston Scientific Corp., and others. These companies compete in similar markets and product categories.

Cardinal Health has approximately 48,000 employees.