Cardinal Health (CAH) Payout Ratio (2009 - 2026)
Cardinal Health's (CAH) Payout Ratio was 0.29 for fiscal Q4 2026 (quarter ended Jun 30, 2026), down 9.5% from 0.32 a year earlier and down 9.3% from the prior quarter.
Cardinal Health (CAH) Payout Ratio (2009 - 2026) Analysis & Trends
Dating back to fiscal Q4 2009, Cardinal Health's Payout Ratio record includes 60 quarters.
- Payout Ratio has declined for three consecutive fiscal years.
- By fiscal year, Payout Ratio came in at 0.32 in FY2025 (-46.0%), 0.59 in FY2024 (-63.2%) and 1.59 in FY2023.
- The fiscal Q4 2026 figure ranks as the lowest quarterly Payout Ratio since fiscal Q2 2013.
- Year over year, Payout Ratio has now declined in each of the last ten quarters, with an average decline of 35.4% over the last eight quarters.
- The high point for year-over-year Payout Ratio in five years was fiscal Q2 2022 (growth of 149.9%); the low point was fiscal Q1 2025 (a decline of 78.8%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at 0.32 (Q3 2026), 0.30 (Q2 2026) and 0.31 (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 359.00 Bn | 239.64 Bn | 35.71 Bn |
| 2 | Mckesson | 123.95 Bn | 105.32 Bn | 3.96 Bn |
| 3 | Cvs Health | 111.19 Bn | 59.95 Bn | 47.21 Bn |
| 4 | Elevance Health | 91.22 Bn | -51.36 Bn | 13.65 Bn |
| 5 | Cigna | 78.47 Bn | 47.34 Bn | 15.09 Bn |
| 6 | Cencora | 66.32 Bn | 55.22 Bn | 3.61 Bn |
| 7 | Cardinal Health | 63.37 Bn | 46.54 Bn | 2.60 Bn |
| 8 | Humana | 51.41 Bn | -36.45 Bn | 5.50 Bn |
| 9 | Centene | 33.72 Bn | -60.99 Bn | 9.52 Bn |
| 10 | Molina Healthcare | 10.44 Bn | -24.56 Bn | 1.36 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.27 |
| Jun 30, 2026 | 0.29 |
| Mar 31, 2026 | 0.32 |
| Dec 31, 2025 | 0.30 |
| Sep 30, 2025 | 0.31 |
| Jun 30, 2025 | 0.32 |
| Mar 31, 2025 | 0.32 |
| Dec 31, 2024 | 0.38 |
| Sep 30, 2024 | 0.39 |
| Jun 30, 2024 | 0.59 |
| Mar 31, 2024 | 0.81 |
| Dec 31, 2023 | 0.70 |
| Sep 30, 2023 | 1.83 |
| Jun 30, 2023 | 1.34 |
| Mar 31, 2023 | 1.03 |
| Dec 31, 2021 | 1.03 |
| Sep 30, 2021 | 0.51 |
| Jun 30, 2021 | 0.94 |
| Mar 31, 2021 | 0.50 |
| Dec 31, 2020 | 0.41 |
Cardinal Health Payout Ratio 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=payout-ratio&ticker=CAH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=CAH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();