Cardinal Health Inc (CAH)
Pretax margin
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,200,000 | 925,000 | 1,127,000 | 501,000 | 637,000 | 487,000 | -193,000 | -1,029,000 | -770,000 | -623,000 | -46,000 | 1,353,000 | 322,000 | 542,000 | 326,000 | 61,000 | -4,621,000 | -4,723,000 | -4,576,000 | -4,331,000 |
| Revenue (ttm) | US$ in thousands | 226,668,000 | 220,413,000 | 216,043,000 | 210,070,000 | 205,023,000 | 198,673,000 | 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 | 152,922,000 | 153,586,000 | 149,657,000 | 147,662,000 |
| Pretax margin | 0.53% | 0.42% | 0.52% | 0.24% | 0.31% | 0.25% | -0.10% | -0.55% | -0.42% | -0.35% | -0.03% | 0.81% | 0.20% | 0.35% | 0.21% | 0.04% | -3.02% | -3.08% | -3.06% | -2.93% |
June 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,200,000K ÷ $226,668,000K
= 0.53%
The pretax margin for Cardinal Health Inc has shown variability over the past few quarters. In the most recent quarter, the pretax margin was 0.53%, which indicates that the company earned approximately $0.53 in pretax profit for every $100 in revenue. This represents an improvement from the previous quarter where the pretax margin was 0.42%.
Looking back over the past eight quarters, the pretax margin has fluctuated between negative and positive figures, with the lowest point recorded in March 2020 at -3.08%. However, there has been a general trend of improvement since then, with the pretax margin gradually increasing.
It is important to note that while the pretax margin is a key indicator of a company's profitability, it should be analyzed alongside other financial metrics to gain a more comprehensive understanding of Cardinal Health Inc's overall financial performance.
Peer comparison
Jun 30, 2024