Cardinal Health Inc (CAH)
Operating profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,565,000 | 2,255,000 | 1,894,000 | 1,850,000 | 1,268,000 | 997,000 | 1,200,000 | 1,103,000 | 1,461,000 | 1,657,000 | 1,548,000 | 190,000 | 261,000 | 90,000 | 100,000 | 1,511,000 | 472,000 | 580,000 | 669,000 | 542,000 |
| 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 |
| Operating profit margin | 1.15% | 1.01% | 0.85% | 0.82% | 0.56% | 0.45% | 0.56% | 0.52% | 0.71% | 0.83% | 0.80% | 0.10% | 0.14% | 0.05% | 0.06% | 0.90% | 0.29% | 0.37% | 0.43% | 0.35% |
June 30, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,565,000K ÷ $222,578,000K
= 1.15%
The operating profit margin of Cardinal Health Inc. over the specified period exhibits notable fluctuations, reflecting the company's varying efficiency in controlling operating expenses relative to revenue. Starting from a very low margin of 0.35% on September 30, 2020, it experienced minor increases and decreases through the subsequent quarters, reaching a peak of 0.90% on September 30, 2021. However, this period was marked by significant volatility, with a marked decline to as low as 0.06% on December 31, 2021, and 0.05% on March 31, 2022.
Following this trough, there was a modest recovery, with margins rising to 0.80% by December 31, 2022, and continuing an upward trend into 2023, culminating in a margin of 0.83% on March 31, 2023, and maintaining around 0.71% to 0.82% during the next few quarters. The most recent data indicates an improving margin trajectory, with the figure reaching 1.01% on March 31, 2025, and further increasing to 1.15% by June 30, 2025.
Overall, the data suggests that Cardinal Health Inc. experienced periods of both compression and expansion in its operating profit margin, with recent quarters indicating an upward trend towards improved profitability. The variations may be attributable to operational efficiencies, cost management strategies, or changes in revenue composition, reflecting an organization in a dynamic state of financial adjustment and strategic realignment.
Peer comparison
Jun 30, 2025