Cardinal Health Inc (CAH)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 852,000 | 330,000 | -933,000 | 611,000 | -3,696,000 |
| Revenue | US$ in thousands | 226,827,000 | 204,979,000 | 181,364,000 | 162,467,000 | 152,922,000 |
| Net profit margin | 0.38% | 0.16% | -0.51% | 0.38% | -2.42% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $852,000K ÷ $226,827,000K
= 0.38%
Net profit margin reflects Cardinal Health Inc's profitability by measuring the percentage of net income generated from its revenue. The trend analysis of Cardinal Health Inc's net profit margin over the past five years shows fluctuations. In 2024, the net profit margin improved significantly to 0.38% from 0.16% in 2023, indicating better efficiency in generating profits relative to its revenue. However, in 2022, the net profit margin was negative at -0.51%, suggesting that expenses exceeded revenue, leading to a loss. The company rebounded in 2021 with a net profit margin of 0.38% and experienced a significant decline in 2020 with a net profit margin of -2.42%, signifying challenges in managing expenses relative to revenue. Overall, Cardinal Health Inc's net profit margin has shown mixed performance, with efforts needed to consistently improve profitability.
Peer comparison
Jun 30, 2024