Discontinued — last reported Q2 '23
Medical — Total additions to property and equipment
Cardinal Health Medical — Total additions to property and equipment remained flat by 0.0% to $52.25M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 49.3%, from $35.00M to $52.25M. Over 2 years (FY 2021 to FY 2023), Medical — Total additions to property and equipment shows an upward trend with a 46.8% CAGR.
Analysis
How to read this metric
An increase signals management's confidence in future growth and a commitment to infrastructure, whereas a decrease may signal cost-cutting or a mature, stable asset base.
Detailed definition
This tracks the capital expenditure (CapEx) invested in the segment to acquire or upgrade physical assets such as facili...
Peer comparison
Used to calculate the CapEx-to-Revenue ratio to benchmark investment intensity against industry peers.
cah_segment_medical_total_additions_to_property_and_equipmentHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $97.00M | $140.00M | $209.00M |
| YoY Change | — | +44.3% | +49.3% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Cardinal Health's medical — total additions to property and equipment?
- Cardinal Health (CAH) reported medical — total additions to property and equipment of $52.25M in Q2 2023.
- How has Cardinal Health's medical — total additions to property and equipment changed year-over-year?
- Cardinal Health's medical — total additions to property and equipment increased by 49.3% year-over-year, from $35.00M to $52.25M.
- What is the long-term trend for Cardinal Health's medical — total additions to property and equipment?
- Over 2 years (2021 to 2023), Cardinal Health's medical — total additions to property and equipment has grown at a 46.8% compound annual growth rate (CAGR), from $97.00M to $209.00M.
- What does medical — total additions to property and equipment mean?
- The total amount of money spent by the segment to buy or improve physical assets like buildings and equipment.