Cardinal Health (CAH) Shares Outstanding (Diluted) (2009 - 2026)
Cardinal Health's Shares Outstanding (Diluted) was 237 million in fiscal Q4 2026 (quarter ended Jun 30, 2026), down 2.1% from 242 million a year earlier but up 0.4% from the prior quarter.
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Analysis
Cardinal Health (CAH) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
From fiscal Q3 2009 onward, Cardinal Health has reported Shares Outstanding (Diluted) for 70 quarters.
- Shares Outstanding (Diluted) has now declined for five consecutive fiscal years, with a five-year compound annual growth rate of -4.2% (FY2021 to FY2026).
- In earlier fiscal years, Shares Outstanding (Diluted) was 242 million in FY2025 (-2.0%), 247 million in FY2024 (-5.7%), 262 million in FY2023 (-6.1%) and 279 million in FY2022 (-5.1%).
- Quarterly Shares Outstanding (Diluted) has moved between 236 million (fiscal Q3 2026) and 289 million (fiscal Q1 2022) over five years.
- Compared with a year earlier, Shares Outstanding (Diluted) has declined for 20 straight quarters, with an average decline of 2.0% over the last eight quarters.
- The year-over-year decline in Shares Outstanding (Diluted) has ranged between 1.2% (fiscal Q2 2025) and 8.4% (fiscal Q1 2024) over the last five years.
- Per Business Quant data, CAH's Shares Outstanding (Diluted) in the three fiscal quarters before Q4 2026 was 236 million (Q3 2026), 237 million (Q2 2026) and 239 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn | 906.00 Mn |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn | 1.29 Bn |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn | 119.20 Mn |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn | 217.90 Mn |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn | 263.96 Mn |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 Bn | 193.94 Mn |
| 7 | Cardinal Health | 51.76 Bn | 35.76 Bn | 2.56 Bn | 237.00 Mn |
| 8 | Humana | 45.82 Bn | -41.98 Bn | 5.50 Bn | 121.14 Mn |
| 9 | Centene | 30.70 Bn | -59.59 Bn | 14.55 Bn | 497.64 Mn |
| 10 | Molina Healthcare | 9.83 Bn | -25.04 Bn | 1.43 Bn | 51.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 237.00 Mn |
| Mar 31, 2026 | 236.00 Mn |
| Dec 31, 2025 | 237.00 Mn |
| Sep 30, 2025 | 239.00 Mn |
| Jun 30, 2025 | 242.00 Mn |
| Mar 31, 2025 | 241.00 Mn |
| Dec 31, 2024 | 243.00 Mn |
| Sep 30, 2024 | 245.00 Mn |
| Jun 30, 2024 | 247.00 Mn |
| Mar 31, 2024 | 245.00 Mn |
| Dec 31, 2023 | 246.00 Mn |
| Sep 30, 2023 | 250.00 Mn |
| Jun 30, 2023 | 262.00 Mn |
| Mar 31, 2023 | 258.00 Mn |
| Dec 31, 2022 | 261.00 Mn |
| Sep 30, 2022 | 273.00 Mn |
| Jun 30, 2022 | 279.00 Mn |
| Mar 31, 2022 | 275.00 Mn |
| Dec 31, 2021 | 281.00 Mn |
| Sep 30, 2021 | 289.00 Mn |
API Access
Cardinal Health Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=CAH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=CAH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();