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Cencora COR Gross margin

Gross margin at other companies

Eli Lilly logo
Eli LillyLLY
82.8%+1.1pp
Cardinal Health logo
Cardinal HealthCAH
3.8%+0.2pp
McKesson logo
McKessonMCK
3.6%-0.1pp
Viatris logo
ViatrisVTRS
34.4%-2.5pp
Cigna logo
CignaCI
20.6%-5.2pp
CVS Health logo
CVS HealthCVS
44.7%-0.1pp

Other financials

Income statement

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Revenue$78.4B+3.9%
Gross profit$3.6B+17.3%
Operating income$1.1B+10.3%
Net income$1.6B+129%
EPS (diluted)$8.40+128%

Balance sheet

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Cash & equivalents$2.2B+10.0%
Total debt$12.2B+71.9%
Total equity$3.4B+235%
Total assets$81.7B+14.7%

Cash flow

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CapEx$165.6M+28.3%

Valuation

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Market cap$53.91B+13.4%
Enterprise value$63.92B+20.6%
P/E15×+3.0×
P/S0.2×0.0×

Profitability

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Operating margin0.8%0.0pp
Net margin0.6%-0.1pp

Returns & leverage

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Return on equity130.6%-99.8pp
Debt / equity3.6×-3.4×
Current ratio0.9×+0.1×

Where this comes from

Calculated from Cencora’s reported figures.

Based on trailing twelve months.

The official record: Cencora’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cencora's gross margin?
Cencora (COR) reported gross margin of 3.8% in Q1 2026.
How has Cencora's gross margin changed year-over-year?
Cencora's gross margin increased by 12.3% year-over-year, from 3.4% to 3.8%.
What is the long-term trend for Cencora's gross margin?
Over 4 years (2021 to 2025), Cencora's gross margin has grown at a 3.7% compound annual growth rate (CAGR), from 11.9% to 13.7%.
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.