Cardinal Health (CAH) Operating Margin (2009 - 2026)
Cardinal Health (CAH) recorded Operating Margin of 1.14% in fiscal Q4 2026 (quarter ended Jun 30, 2026), up 0.43 percentage points from 0.71% a year earlier and up 0.31 percentage points from the prior quarter.
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Analysis
Cardinal Health (CAH) Operating Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Cardinal Health reported Operating Margin of 1.03%, up 0.01 percentage points from FY2025.
- Annual Operating Margin has increased for four straight fiscal years, with a five-year change of +0.74 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Operating Margin came in at 1.02% in FY2025 (+0.47 pp), 0.55% in FY2024 (+0.18 pp), 0.37% in FY2023 (+0.70 pp) and -0.33% in FY2022 (-0.63 pp).
- The fiscal Q4 2026 figure is the highest quarterly Operating Margin since fiscal Q3 2025.
- On a year-over-year basis, Operating Margin rose in six of the last eight quarters, with an average year-over-year change of +0.24 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 2.54 percentage points in fiscal Q1 2022, against a drop of 3.20 percentage points in fiscal Q2 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.84% (Q3 2026), 1.08% (Q2 2026) and 1.04% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 339.33 Bn | 223.96 Bn | 36.67 Bn | 7.13% |
| 2 | Cvs Health | 111.30 Bn | 63.91 Bn | 47.23 Bn | 4.43% |
| 3 | Mckesson | 100.82 Bn | 87.28 Bn | 3.69 Bn | 1.25% |
| 4 | Elevance Health | 85.16 Bn | -56.58 Bn | 13.45 Bn | -69.51% |
| 5 | Cigna | 72.72 Bn | 42.26 Bn | 14.97 Bn | 3.73% |
| 6 | Cencora | 58.70 Bn | 47.79 Bn | 3.61 Bn | 1.32% |
| 7 | Cardinal Health | 52.08 Bn | 36.08 Bn | 2.56 Bn | 1.14% |
| 8 | Humana | 46.46 Bn | -41.34 Bn | 5.50 Bn | 3.33% |
| 9 | Centene | 30.74 Bn | -59.55 Bn | 14.55 Bn | 2.24% |
| 10 | Molina Healthcare | 9.85 Bn | -25.02 Bn | 1.43 Bn | 1.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.14% |
| Mar 31, 2026 | 0.84% |
| Dec 31, 2025 | 1.08% |
| Sep 30, 2025 | 1.04% |
| Jun 30, 2025 | 0.71% |
| Mar 31, 2025 | 1.33% |
| Dec 31, 2024 | 0.99% |
| Sep 30, 2024 | 1.09% |
| Jun 30, 2024 | 0.67% |
| Mar 31, 2024 | 0.67% |
| Dec 31, 2023 | 0.88% |
| Sep 30, 2023 | -0.06% |
| Jun 30, 2023 | 0.30% |
| Mar 31, 2023 | 1.13% |
| Dec 31, 2022 | -0.17% |
| Sep 30, 2022 | 0.25% |
| Jun 30, 2022 | 0.05% |
| Mar 31, 2022 | -0.22% |
| Dec 31, 2021 | -2.09% |
| Sep 30, 2021 | 0.94% |
API Access
Cardinal Health Operating Margin 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=operating-margin&ticker=CAH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=CAH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();