Cardinal Health Inc (CAH)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,561,000 | 1,558,000 | 1,310,000 | 1,263,000 | 852,000 | 552,000 | 639,000 | 156,000 | 261,000 | 463,000 | -1,272,000 | -1,093,000 | -932,000 | -954,000 | 555,000 | 1,135,000 | 611,000 | 1,151,000 | 1,382,000 | 973,000 |
| Total assets | US$ in thousands | 53,122,000 | 49,871,000 | 47,002,000 | 43,059,000 | 45,121,000 | 45,880,000 | 46,573,000 | 43,710,000 | 43,349,000 | 43,377,000 | 44,482,000 | 43,387,000 | 43,878,000 | 42,111,000 | 43,680,000 | 42,993,000 | 44,453,000 | 43,874,000 | 44,719,000 | 41,727,000 |
| ROA | 2.94% | 3.12% | 2.79% | 2.93% | 1.89% | 1.20% | 1.37% | 0.36% | 0.60% | 1.07% | -2.86% | -2.52% | -2.12% | -2.27% | 1.27% | 2.64% | 1.37% | 2.62% | 3.09% | 2.33% |
June 30, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,561,000K ÷ $53,122,000K
= 2.94%
The analysis of Cardinal Health Inc.'s Return on Assets (ROA) over the specified period reveals fluctuations with both periods of positive and negative profitability indicators. Initially, in September 2020, the ROA stood at approximately 2.33%, indicating a modest efficiency in generating profit from its assets. This positive trend continued into December 2020, reaching approximately 3.09%, reflecting an improvement in asset utilization or profitability.
Throughout the early 2021 fiscal months, the ROA maintained a positive trajectory, reaching around 2.62% in March 2021, before declining sharply to 1.37% in June 2021. This downward movement persisted, with the ROA slightly increasing again to 2.64% in September 2021, but then declining to 1.27% by the end of 2021. The decline continued into early 2022, with the ROA turning negative at -2.27% in March 2022 and reaching -2.86% by December 2022, indicating periods of loss relative to asset base.
There was a notable reversal of trend in the first quarter of 2023, as the ROA moved back into positive territory at 1.07%. This positive shift persisted into subsequent quarters, with the ROA at 0.60% in June 2023 and slightly decreasing to 0.36% in September 2023. By December 2023, the ROA showed an uptick again to approximately 1.37%. The first half of 2024 evidenced a recovery, with values reaching 1.20% in March 2024 and increasing further to 1.89% in June, culminating in 2.93% in September 2024 and slightly declining to 2.79% in December 2024.
The trajectory continues with the first half of 2025 showing overall improvement, with the ROA at 3.12% in March 2025 and 2.94% in June 2025, reflecting a recovery and positive trend in asset efficiency and profitability.
Overall, the ROA exhibits significant variability, oscillating between positive and negative figures. The negative periods primarily occurred between March 2022 and December 2022, indicating challenging profitability phases. In contrast, the recent quarters demonstrate a positive trend, with progressively increasing ROA levels that suggest improving asset utilization and overall financial health during the latter part of the analyzed period.
Peer comparison
Jun 30, 2025