Cardinal Health Inc (CAH)
Gross profit margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 8,168,000 | 7,414,000 | 6,889,000 | 6,545,000 | 6,778,000 |
| Revenue | US$ in thousands | 222,578,000 | 226,827,000 | 205,012,000 | 181,364,000 | 162,467,000 |
| Gross profit margin | 3.67% | 3.27% | 3.36% | 3.61% | 4.17% |
June 30, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $8,168,000K ÷ $222,578,000K
= 3.67%
The analysis of Cardinal Health Inc's gross profit margin over the period from June 30, 2021, to June 30, 2025, reveals a trend characterized by a gradual decline followed by a slight recovery. Initially, the gross profit margin decreased from 4.17% as of June 30, 2021, to 3.61% on June 30, 2022. This downward trend continued into June 30, 2023, with the margin decreasing further to 3.36%, and persisted through June 30, 2024, reaching 3.27%. However, a marginal improvement is observed in the latest period, with the gross profit margin increasing to 3.67% as of June 30, 2025.
Overall, the gross profit margin exhibited a steady decline over the two-year period from mid-2021 to mid-2024, indicating either increased cost pressures, pricing challenges, or shifts in the product/service mix that adversely impacted profitability margins at the gross level. The slight uptick in the most recent fiscal year suggests a possible stabilization or improvement in cost management, pricing strategies, or product mix adjustments. Nonetheless, the overall trend reflects a compression in gross profit margins over the observed years, which warrants further investigation into underlying operational factors affecting cost of goods sold and revenue generation.
Peer comparison
Jun 30, 2025