Cardinal Health Inc (CAH)
Total asset turnover
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 222,578,000 | 222,286,000 | 222,319,000 | 224,500,000 | 226,986,000 | 220,572,000 | 216,148,000 | 210,172,000 | 205,012,000 | 198,662,000 | 193,011,000 | 186,999,000 | 181,364,000 | 176,847,000 | 171,286,000 | 167,370,000 | 162,467,000 | 156,570,000 | 156,452,000 | 154,646,000 |
| Total assets | US$ in thousands | 53,122,000 | 49,871,000 | 47,002,000 | 43,059,000 | 45,121,000 | 45,880,000 | 46,573,000 | 43,710,000 | 43,349,000 | 43,377,000 | 44,482,000 | 43,387,000 | 43,878,000 | 42,111,000 | 43,680,000 | 42,993,000 | 44,453,000 | 43,874,000 | 44,719,000 | 41,727,000 |
| Total asset turnover | 4.19 | 4.46 | 4.73 | 5.21 | 5.03 | 4.81 | 4.64 | 4.81 | 4.73 | 4.58 | 4.34 | 4.31 | 4.13 | 4.20 | 3.92 | 3.89 | 3.65 | 3.57 | 3.50 | 3.71 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $222,578,000K ÷ $53,122,000K
= 4.19
The total asset turnover for Cardinal Health Inc. exhibits a general upward trend over the analyzed period from September 2020 through June 2025. Starting at 3.71 in September 2020, the ratio experienced a slight decline during the subsequent quarters, reaching a low of 3.50 by December 2020. This initial decrease was followed by a gradual recovery, with the ratio rising to 3.89 by September 2021 and maintaining steady growth through December 2021 at 3.92.
From early 2022 onward, the total asset turnover continued its upward trajectory, reaching 4.20 in March 2022 and maintaining upward momentum through the subsequent periods, including 4.58 in March 2023 and 4.81 in both September 2023 and March 2024. The ratio peaked at 5.21 in September 2024, signaling improved efficiency in asset utilization. However, this peak was followed by a slight decline to 4.73 by December 2024 and further decreases to 4.46 in March 2025 and 4.19 in June 2025.
Overall, the data indicates that Cardinal Health Inc. has progressively enhanced its efficiency in generating sales revenue from its assets over the period, despite some short-term fluctuations. The significant increase from approximately 3.5 to over 5.0 demonstrates a strengthening ability to utilize assets more effectively in revenue generation, although recent minor declines suggest a potential stabilization or temporary slowdown in this efficiency metric.
Peer comparison
Jun 30, 2025