Cardinal Health Inc (CAH)
Pretax margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,101,000 | 1,201,000 | 663,000 | -769,000 | 323,000 |
| Revenue | US$ in thousands | 222,578,000 | 226,827,000 | 205,012,000 | 181,364,000 | 162,467,000 |
| Pretax margin | 0.94% | 0.53% | 0.32% | -0.42% | 0.20% |
June 30, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $2,101,000K ÷ $222,578,000K
= 0.94%
The pretax margin of Cardinal Health Inc. has exhibited notable fluctuations over the period spanning June 30, 2021, to June 30, 2025. In fiscal year 2021, the pretax margin was recorded at approximately 0.20%, indicating a modest profit before taxes relative to revenues. The subsequent year, 2022, experienced a decline, with the margin turning negative at around -0.42%, signaling a period of pre-tax losses or diminished profitability.
In the following fiscal year, 2023, the pretax margin recovered to a positive figure of approximately 0.32%, suggesting an improvement in earnings before taxes and a return to profitability. The trend continued upward in 2024, with the margin increasing to roughly 0.53%, reflecting further enhancement in pre-tax earnings relative to revenues. The most recent data for 2025 shows a significant positive shift, with the pretax margin reaching approximately 0.94%. This near doubling compared to the prior year indicates a substantial strengthening in profitability and operational efficiency before taxes.
Overall, the pretax margin trajectory demonstrates a pattern of initial marginal profitability, a transient decline into negative territory, followed by a steady and meaningful recovery, culminating in nearly double the 2021 level. This progression suggests improvements in cost management, revenue generation, or both, contributing to a more favorable pre-tax income position for the company across the analyzed period.
Peer comparison
Jun 30, 2025