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Cardinal Health CAH Asset turnover

Asset turnover at other companies

Eli Lilly logo
Eli LillyLLY
0.7×+0.1×
McKesson logo
McKessonMCK
5.1×+0.1×
Cencora logo
CencoraCOR
4.3×-0.3×
CVS Health logo
CVS HealthCVS
1.6×+0.1×
Abbott logo
AbbottABT
0.5×-0.1×
West Pharmaceutical Services logo
West Pharmaceutical ServicesWST
0.8×0.0×

Other financials

Income statement

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Revenue$60.9B+11.1%
Gross profit$2.5B+17.7%
Operating income$509.0M-30.3%
Net income$399.0M-21.2%
EPS (diluted)$1.69-19.5%

Balance sheet

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Cash & equivalents$3.9B+18.4%
Total debt$8.9B+16.1%
Total equity-$2.8B+3.9%
Total assets$56.7B+13.7%

Cash flow

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Operating cash flow$1.8B-37.6%
CapEx$146.0M+15.9%
Free cash flow$1.7B-40.0%

Valuation

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Market cap$51.94B+49.4%
Enterprise value$56.92B+45.4%
P/E33.4×+11.1×
P/S0.2×+0.1×

Profitability

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Gross margin3.8%+0.2pp
Operating margin0.9%-0.1pp
Net margin0.6%-0.1pp

Returns & leverage

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Return on equity37.4%
Debt / equity4.1×
Current ratio0.9×0.0×

Where this comes from

Calculated from Cardinal Health’s reported figures.

Based on trailing twelve months.

The official record: Cardinal Health’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cardinal Health's asset turnover?
Cardinal Health (CAH) reported asset turnover of 4.7× in Q1 2026.
How has Cardinal Health's asset turnover changed year-over-year?
Cardinal Health's asset turnover increased by 1.4% year-over-year, from 4.6× to 4.7×.
What is the long-term trend for Cardinal Health's asset turnover?
Over 4 years (2021 to 2025), Cardinal Health's asset turnover has grown at a 6.3% compound annual growth rate (CAGR), from 15× to 19.1×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.