Cardinal Health (CAH) Invested Capital (2009 - 2026)
Cardinal Health's Invested Capital was $6 billion in fiscal Q4 2026 (quarter ended Jun 30, 2026), up 4.5% from $5.75 billion a year earlier but down 1.3% from the prior quarter.
Powered by 
Analysis
Cardinal Health (CAH) Invested Capital (2009 - 2026) Analysis & Trends
From fiscal Q4 2009 onward, Cardinal Health has reported Invested Capital for 69 quarters.
- Invested Capital has now increased for three consecutive fiscal years, though with a five-year compound annual growth rate of -5.2% (FY2021 to FY2026).
- In earlier fiscal years, Invested Capital was $5.75 billion in FY2025 (+205.6%), $1.88 billion in FY2024 (+7.8%), $1.74 billion in FY2023 (-60.7%) and $4.43 billion in FY2022 (-43.6%).
- Quarterly Invested Capital has moved between $1.07 billion (fiscal Q1 2024) and $7.05 billion (fiscal Q1 2022) over five years.
- Compared with a year earlier, Invested Capital has increased for nine straight quarters, with growth averaging 123.8% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was fiscal Q2 2025 (growth of 298.4%); the worst was fiscal Q1 2024 (a decline of 69.3%).
- Per Business Quant data, CAH's Invested Capital in the three fiscal quarters before Q4 2026 was $6.08 billion (Q3 2026), $6.33 billion (Q2 2026) and $6.3 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn | 177.84 Bn |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn | 141.31 Bn |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn | 5.49 Bn |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn | 76.07 Bn |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn | 74.79 Bn |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 Bn | 14.96 Bn |
| 7 | Cardinal Health | 51.76 Bn | 35.76 Bn | 2.56 Bn | 6.00 Bn |
| 8 | Humana | 45.82 Bn | -41.98 Bn | 5.50 Bn | 33.88 Bn |
| 9 | Centene | 30.70 Bn | -59.59 Bn | 14.55 Bn | 38.74 Bn |
| 10 | Molina Healthcare | 9.83 Bn | -25.04 Bn | 1.43 Bn | 7.94 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.00 Bn |
| Mar 31, 2026 | 6.08 Bn |
| Dec 31, 2025 | 6.33 Bn |
| Sep 30, 2025 | 6.30 Bn |
| Jun 30, 2025 | 5.75 Bn |
| Mar 31, 2025 | 5.78 Bn |
| Dec 31, 2024 | 4.69 Bn |
| Sep 30, 2024 | 1.89 Bn |
| Jun 30, 2024 | 1.88 Bn |
| Mar 31, 2024 | 2.50 Bn |
| Dec 31, 2023 | 1.18 Bn |
| Sep 30, 2023 | 1.07 Bn |
| Jun 30, 2023 | 1.74 Bn |
| Mar 31, 2023 | 2.52 Bn |
| Dec 31, 2022 | 3.05 Bn |
| Sep 30, 2022 | 3.49 Bn |
| Jun 30, 2022 | 4.43 Bn |
| Mar 31, 2022 | 4.92 Bn |
| Dec 31, 2021 | 6.65 Bn |
| Sep 30, 2021 | 7.05 Bn |
API Access
Cardinal Health Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=CAH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "CAH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=CAH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();