Cencora (COR) Gross Margin (2009 - 2026)
Cencora (COR) posted Gross Margin of 4.58% for Q1 2026, up 28.1% on a QoQ basis from 3.58% in Q4 2025, and up 52.0% year-over-year from 3.01% in Q1 2025.
Cencora (COR) Gross Margin (2009 - 2026) Analysis & Trends
Cencora's Gross Margin history runs 18 years deep, the most recent figure standing at 4.58% for Q1 2026.
- Quarterly Gross Margin rose 52.0% year-over-year to 4.58% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.81% (up 42.0% YoY) and the FY2025 annual result came in at 3.57%, up 20.0% from the prior year.
- Gross Margin was 4.58% for Q1 2026 at Cencora, up from 3.58% in the prior quarter.
- Across five years, Gross Margin topped out at 41.23% in Q3 2022 and bottomed at 3.14% in Q4 2024.
- A 5-year average of 5.77% and a median of 3.53% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin soared 4021 bps — and 2023, when it tumbled 3796 bps.
- Cencora's Gross Margin stood at 3.41% in 2022, then climbed by 0 bps to 3.42% in 2023, then slipped by 8 bps to 3.14% in 2024, then rose by 14 bps to 3.58% in 2025, then climbed by 28 bps to 4.58% in 2026.
- Business Quant data shows COR's Gross Margin at 4.58% in Q1 2026, 3.58% in Q4 2025, and 3.53% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 105.15 Bn | 101.18 Bn | 4.04 Bn | 4.20% |
| 2 | Cencora | 60.58 Bn | 58.40 Bn | 3.59 Bn | 4.58% |
| 3 | Cardinal Health | 53.81 Bn | 49.87 Bn | 2.50 Bn | 4.10% |
| 4 | Henry Schein | 9.71 Bn | 9.57 Bn | 1.07 Bn | 31.77% |
| 5 | Akso Health | 3.28 Bn | 3.28 Bn | - | - |
| 6 | 111 | 651.73 Mn | 572.63 Mn | 23.58 Mn | 5.85% |
| 7 | Accendra Health | 248.02 Mn | -88.86 Mn | 278.03 Mn | 44.29% |
| 8 | Edap Tms | 230.14 Mn | 215.14 Mn | 8.15 Mn | 45.73% |
| 9 | VitaNova Life Sciences | 11.51 Mn | 11.01 Mn | 316,343.00 | 44.58% |
| 10 | Cosmos Health | 9.57 Mn | 7.41 Mn | 1.38 Mn | 7.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.58% |
| Dec 31, 2025 | 3.58% |
| Sep 30, 2025 | 3.53% |
| Jun 30, 2025 | 3.60% |
| Mar 31, 2025 | 4.06% |
| Dec 31, 2024 | 3.14% |
| Sep 30, 2024 | 3.15% |
| Jun 30, 2024 | 3.25% |
| Mar 31, 2024 | 3.71% |
| Dec 31, 2023 | 3.42% |
| Sep 30, 2023 | 3.27% |
| Jun 30, 2023 | 3.38% |
| Mar 31, 2023 | 3.62% |
| Dec 31, 2022 | 3.41% |
| Sep 30, 2022 | 41.23% |
| Jun 30, 2022 | 3.36% |
| Mar 31, 2022 | 3.87% |
| Dec 31, 2021 | 3.46% |
| Sep 30, 2021 | 1.02% |
| Jun 30, 2021 | 3.54% |