Cardinal Health Inc (CAH)

Operating profit margin

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Operating income US$ in thousands 2,275,000 1,243,000 752,000 1,673,000 472,000
Revenue US$ in thousands 222,578,000 226,827,000 205,012,000 181,364,000 162,467,000
Operating profit margin 1.02% 0.55% 0.37% 0.92% 0.29%

June 30, 2025 calculation

Operating profit margin = Operating income ÷ Revenue
= $2,275,000K ÷ $222,578,000K
= 1.02%

The operating profit margin of Cardinal Health Inc. has demonstrated notable fluctuations over the period from June 2021 to June 2025. As of June 30, 2021, the operating profit margin was approximately 0.29%, indicating a relatively low level of operating profitability in that period. This margin experienced a significant uptick by June 30, 2022, rising to approximately 0.92%, nearly tripling the previous year's figure, which suggests an improvement in operational efficiency or revenue growth relative to operating expenses.

However, in the subsequent year, the operating profit margin declined sharply to around 0.37% by June 30, 2023. This decrease may reflect increased operating costs, pricing pressures, or other operational challenges facing the company. Despite the decline, the margin stabilized somewhat, and by June 30, 2024, it increased again to approximately 0.55%, reflecting some recovery or operational improvements.

The most notable change is observed by June 30, 2025, when the operating profit margin reached approximately 1.02%. This indicates that the company achieved a substantial improvement in its operating profitability relative to previous years. The upward trend in 2024 and 2025 suggests ongoing efforts in cost management, revenue enhancement, or strategic initiatives that have positively impacted operational efficiency.

Overall, the progression from 0.29% in mid-2021 to just over 1% in mid-2025 reflects a positive trajectory in operating profitability, with periods of volatility. The recent data point signifies a potentially encouraging trend toward sustained improvement in operational performance.


Peer comparison

Jun 30, 2025

Company name
Symbol
Operating profit margin
Cardinal Health Inc
CAH
1.02%
Cencora Inc.
COR
0.74%
McKesson Corporation
MCK
1.23%