Cardinal Health Inc (CAH)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,243,000 | 752,000 | -596,000 | 472,000 | -4,098,000 |
| Revenue | US$ in thousands | 226,827,000 | 204,979,000 | 181,364,000 | 162,467,000 | 152,922,000 |
| Operating profit margin | 0.55% | 0.37% | -0.33% | 0.29% | -2.68% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,243,000K ÷ $226,827,000K
= 0.55%
Cardinal Health Inc's operating profit margin has shown fluctuations over the past five years. In the most recent fiscal year ending June 30, 2024, the company's operating profit margin improved to 0.55%, indicating that the company was able to effectively control its operating expenses and generate a higher level of operating profit relative to its net sales. This improvement suggests potential operational efficiency enhancements or strategic cost management initiatives.
In the preceding fiscal year, ending June 30, 2023, the operating profit margin was 0.37%, showing a slight increase from the previous year. However, in the fiscal year ending June 30, 2022, the company reported a negative operating profit margin of -0.33%, which may indicate challenges in managing operating costs efficiently relative to revenue generated during that period.
In the fiscal years ending June 30, 2021, and June 30, 2020, Cardinal Health Inc's operating profit margins were positive but relatively lower at 0.29% and -2.68%, respectively. The significant decline in the operating profit margin in 2020 may suggest operational difficulties or financial challenges faced by the company during that period.
Overall, Cardinal Health Inc's operating profit margin trend indicates variability in the company's ability to effectively control costs and generate profits from its core operations. Further analysis of the underlying factors contributing to these fluctuations would be necessary to assess the company's operational performance comprehensively.
Peer comparison
Jun 30, 2024