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Cardinal Health CAH Gross margin

Gross margin at other companies

Eli Lilly logo
Eli LillyLLY
82.8%+1.1pp
McKesson logo
McKessonMCK
3.6%-0.1pp
Cencora logo
CencoraCOR
3.8%+0.4pp
Medline, Inc.
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Medline, Inc. MDLN
27.4%+1.5pp
CVS Health logo
CVS HealthCVS
44.7%-0.1pp
Abbott logo
AbbottABT
56.3%+0.4pp

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$53B+49.4%
Enterprise value$57.98B+45.4%
P/E34.1×+11.3×
P/S0.2×+0.1×

Profitability

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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 gross margin?
Cardinal Health (CAH) reported gross margin of 3.8% in Q1 2026.
How has Cardinal Health's gross margin changed year-over-year?
Cardinal Health's gross margin increased by 6.4% year-over-year, from 3.5% to 3.8%.
What is the long-term trend for Cardinal Health's gross margin?
Over 4 years (2021 to 2025), Cardinal Health's gross margin has grown at a -5.4% compound annual growth rate (CAGR), from 17.5% to 14%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.