Cardinal Health Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $254.25B | $222.58B | $224.26B | $205.01B | $181.36B | $162.47B | $152.90B | $145.53B |
| Pharmaceutical | — | — | $212.32B | $193.03B | $170.15B | $150.79B | $137.46B | $129.91B |
| Medical | — | — | $11.96B | $11.99B | $11.22B | $11.69B | $15.45B | $15.63B |
| Eliminations | — | — | $-20.0M | $-5.0M | $-4.0M | $-12.0M | $-4.0M | $-6.0M |
| Cost of Revenue | $244.47B | $214.41B | $219.41B | $198.11B | $174.84B | $155.69B | $146.05B | $138.70B |
| Gross Profit | $9.77B | $8.17B | $7.41B | $6.87B | $6.48B | $6.78B | $6.87B | $6.83B |
| Gross Margin | 3.8% | 3.7% | 3.3% | 3.4% | 3.6% | 4.2% | 4.5% | 4.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $6.13B | $5.38B | $5.00B | $4.80B | $4.51B | $4.53B | $4.57B | $4.48B |
| Operating Income | $2.61B | $2.28B | $1.24B | $752.0M | $-607.0M | $472.0M | $-4.10B | $2.06B |
| Operating Margin | 1.0% | 1.0% | 0.6% | 0.4% | -0.3% | 0.3% | -2.7% | 1.4% |
| Interest Expense | $348.0M | $215.0M | $51.0M | $84.0M | $147.0M | $180.0M | $238.0M | $294.0M |
| Pretax Income | $2.17B | $2.10B | $1.20B | $663.0M | $-784.0M | $323.0M | $-3.77B | $1.75B |
| Income Tax Expense | $469.0M | $532.0M | $348.0M | $332.0M | $153.0M | $-289.0M | $-79.0M | $386.0M |
| Net Income | $1.71B | $1.56B | $852.0M | $330.0M | $-938.0M | $611.0M | $-3.70B | $1.36B |
| Net Margin | 0.7% | 0.7% | 0.4% | 0.2% | -0.5% | 0.4% | -2.4% | 0.9% |
| EPS (Basic) | $7.27 | $6.48 | $3.48 | $1.27 | $-3.37 | $2.09 | $-12.61 | $4.55 |
| EPS (Diluted) | $7.23 | $6.45 | $3.45 | $1.26 | $-3.37 | $2.08 | $-12.61 | $4.53 |
| Shares Outstanding (Basic) | 236.0M | 241.0M | 245.0M | 261.0M | 279.0M | 292.0M | 293.0M | 300.0M |
| Shares Outstanding (Diluted) | 237.0M | 242.0M | 247.0M | 262.0M | 279.0M | 294.0M | 293.0M | 301.0M |
| Dividends Per Share | $2.04 | $2.02 | $2.00 | $1.98 | $1.96 | $1.94 | $1.92 | $1.91 |