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.
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 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
| 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 |
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_KEY
import 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();