Cardinal Health (CAH) Return on Invested Capital [ROIC] (2009 - 2026)
Cardinal Health's Return on Invested Capital [ROIC] was 33.91% in fiscal Q4 2026 (quarter ended Jun 30, 2026), up 4.43 percentage points from 29.48% a year earlier and up 5.13 percentage points from the prior quarter.
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Analysis
Cardinal Health (CAH) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Return on Invested Capital [ROIC] at Cardinal Health came in at 34.88%, down 9.67 percentage points from FY2025.
- Return on Invested Capital [ROIC] shows a five-year change of +29.14 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Return on Invested Capital [ROIC] was 44.56% in FY2025 (-4.16 pp), 48.72% in FY2024 (+36.57 pp), 12.16% in FY2023 (+22.03 pp) and -9.88% in FY2022 (-15.62 pp).
- The fiscal Q4 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] since fiscal Q2 2025.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in two of the last eight quarters, with an average year-over-year change of -5.21 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q2 2024 (a gain of 66.79 percentage points); the worst was fiscal Q1 2026 (a drop of 40.82 percentage points).
- Per Business Quant data, CAH's Return on Invested Capital [ROIC] in the three fiscal quarters before Q4 2026 was 28.78% (Q3 2026), 29.53% (Q2 2026) and 29.34% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 362.93 Bn | 249.60 Bn | 35.71 Bn | 11.34% |
| 2 | Mckesson | 125.16 Bn | 109.10 Bn | 3.96 Bn | 98.69% |
| 3 | Cvs Health | 113.93 Bn | 62.88 Bn | 47.21 Bn | 9.71% |
| 4 | Elevance Health | 92.83 Bn | -49.64 Bn | 13.65 Bn | 8.29% |
| 5 | Cigna | 79.88 Bn | 49.09 Bn | 15.09 Bn | 10.38% |
| 6 | Cencora | 66.55 Bn | 66.55 Bn | 3.60 Bn | - |
| 7 | Cardinal Health | 64.00 Bn | 47.32 Bn | 2.60 Bn | 36.52% |
| 8 | Humana | 52.60 Bn | -38.18 Bn | 4.83 Bn | 5.50% |
| 9 | Centene | 34.53 Bn | -39.52 Bn | 8.24 Bn | -19.90% |
| 10 | Molina Healthcare | 10.74 Bn | -24.26 Bn | 1.36 Bn | 2.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 36.52% |
| Jun 30, 2026 | 33.91% |
| Mar 31, 2026 | 28.78% |
| Dec 31, 2025 | 29.53% |
| Sep 30, 2025 | 28.99% |
| Jun 30, 2025 | 29.11% |
| Mar 31, 2025 | 31.77% |
| Dec 31, 2024 | 42.23% |
| Sep 30, 2024 | 70.16% |
| Jun 30, 2024 | 40.36% |
| Mar 31, 2024 | 35.65% |
| Dec 31, 2023 | 65.72% |
| Sep 30, 2023 | 21.50% |
| Jun 30, 2023 | 19.87% |
| Mar 31, 2023 | 22.61% |
| Dec 31, 2022 | -1.07% |
| Sep 30, 2022 | -22.70% |
| Jun 30, 2022 | -12.98% |
| Mar 31, 2022 | -8.13% |
| Dec 31, 2021 | 0.00% |
API Access
Cardinal Health Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=CAH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=CAH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();