Discontinued — last reported Q4 '23

Business Segments · Revenue

Medical — Revenue

Cardinal Health Medical — Revenue increased by 4.5% to $3.93B in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 3.5%, from $3.80B to $3.93B. Over 2 years (FY 2021 to FY 2023), Medical — Revenue shows a downward trend with a -5.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2023
Rolls up toTotal Revenue

How to read this metric

An increase indicates market share growth or higher demand for medical supplies.

Detailed definition

The total gross sales generated by the Medical segment from the distribution of medical-surgical products and equipment...

Peer comparison

Comparable to revenue segments of other medical supply distributors and equipment providers.

Metric ID: cah_segment_medical_revenue

Historical Data

11 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23
Value$4.25B$4.15B$4.09B$3.88B$3.77B$3.78B$3.80B$3.68B$3.76B$3.76B$3.93B
QoQ Change-2.3%-1.5%-4.9%-3.0%+0.2%+0.5%-3.0%+1.9%+0.1%+4.5%
YoY Change-11.2%-8.9%-7.1%-5.1%-0.4%-0.5%+3.5%
Range$3.68B$4.25B
CAGR-3.1%
Avg YoY Growth-4.3%
Median YoY Growth-5.1%
Current Streak3 quarters growth

Frequently Asked Questions

What is Cardinal Health's medical — revenue?
Cardinal Health (CAH) reported medical — revenue of $3.93B in Q4 2023.
How has Cardinal Health's medical — revenue changed year-over-year?
Cardinal Health's medical — revenue increased by 3.5% year-over-year, from $3.80B to $3.93B.
What is the long-term trend for Cardinal Health's medical — revenue?
Over 2 years (2021 to 2023), Cardinal Health's medical — revenue has grown at a -5.1% compound annual growth rate (CAGR), from $16.69B to $15.01B.
What does medical — revenue mean?
Total sales generated by the medical products and equipment business.