Discontinued — last reported Q4 '23
Business Segments · Goodwill
Medical — Goodwill
Cardinal Health Medical — Goodwill decreased by 0.1% to $1.38B in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 40.6%, from $2.31B to $1.38B. Over 2 years (FY 2021 to FY 2023), Medical — Goodwill shows a downward trend with a -34.1% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ2 2014
Last reportedQ4 2023
Rolls up toGoodwill
How to read this metric
An increase suggests recent acquisitions, while a decrease may indicate impairment or divestitures.
Detailed definition
Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinat...
Peer comparison
Common across healthcare distributors and medical device manufacturers that grow through M&A.
Metric ID:
cah_segment_medical_goodwillHistorical Data
11 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.33B | $5.32B | $4.00B | $3.51B | $3.18B | $3.00B | $2.31B | $2.33B | $1.96B | $1.38B | $1.38B |
| QoQ Change | — | -0.2% | -24.9% | -12.2% | -9.3% | -5.7% | -23.0% | +0.6% | -15.8% | -29.8% | -0.1% |
| YoY Change | — | — | — | — | -40.3% | -43.6% | -42.1% | -33.7% | -38.4% | -54.2% | -40.6% |
Range$1.38B – $5.33B
CAGR-41.8%
Avg YoY Growth-41.8%
Median YoY Growth-40.6%
Current Streak3 quarters decline
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Frequently Asked Questions
- What is Cardinal Health's medical — goodwill?
- Cardinal Health (CAH) reported medical — goodwill of $1.38B in Q4 2023.
- How has Cardinal Health's medical — goodwill changed year-over-year?
- Cardinal Health's medical — goodwill decreased by 40.6% year-over-year, from $2.31B to $1.38B.
- What is the long-term trend for Cardinal Health's medical — goodwill?
- Over 2 years (2021 to 2023), Cardinal Health's medical — goodwill has grown at a -34.1% compound annual growth rate (CAGR), from $22.12B to $9.60B.
- What does medical — goodwill mean?
- The value of intangible assets acquired through past medical business acquisitions.