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Cardinal Health CAH Price / earnings

Price / earnings at other companies

Eli Lilly logo
Eli LillyLLY
32.5×-34.3×
McKesson logo
McKessonMCK
22.3×-3.3×
Cencora logo
CencoraCOR
29.9×+6.0×
CVS Health logo
CVS HealthCVS
31.2×+15.0×
Abbott logo
AbbottABT
28.4×+11.4×
West Pharmaceutical Services logo
West Pharmaceutical ServicesWST
33.3×-1.4×

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/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 the most recent quarter.

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 price / earnings?
Cardinal Health (CAH) reported price / earnings of 32× in Q1 2026.
How has Cardinal Health's price / earnings changed year-over-year?
Cardinal Health's price / earnings increased by 49.6% year-over-year, from 21.4× to 32×.
What is the long-term trend for Cardinal Health's price / earnings?
Over 2 years (2021 to 2025), Cardinal Health's price / earnings has grown at a 16.5% compound annual growth rate (CAGR), from 65.7× to 89.2×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.