Cencora (COR) Gross Margin (2009 - 2026)
Cencora's (COR) quarterly Gross Margin came in at 4.26% in Q2 2026, up 65.0% on a YoY basis from 2.58% in Q2 2025, and down 7.06% quarter-over-quarter from 4.58% in Q1 2026.
Analysis
Cencora (COR) Gross Margin (2009 - 2026) Analysis & Trends
Cencora (COR) has reported Gross Margin for 18 consecutive years, with 4.26% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 65.0% year-over-year to 4.26%; the trailing twelve-month figure through Jun 2026 stood at 3.97% (up 49.0% YoY), and the FY2025 full-year result was 3.57%, up 20.0% from the prior year.
- Gross Margin retreated to 4.26% in Q2 2026 per COR's latest filing, from 4.58% in the prior quarter.
- Across five years, Gross Margin topped out at 4.58% in Q1 2026 and bottomed at 0.94% in Q3 2022.
- Historically, Gross Margin has averaged 3.45% across 5 years, with a median of 3.47% in 2023.
- The sharpest annual moves came in 2023 and 2024: Gross Margin jumped 233 bps in 2023, then retreated 28 bps in 2024.
- Over 5 years, 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 rose by 19 bps to 4.26% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 4.26%, 4.58%, and 3.58% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 104.59 Bn | 99.42 Bn | 3.69 Bn | 3.50% |
| 2 | Cencora | 62.07 Bn | 59.25 Bn | 3.61 Bn | 4.26% |
| 3 | Cardinal Health | 55.70 Bn | 50.84 Bn | 2.56 Bn | 4.02% |
| 4 | Henry Schein | 9.91 Bn | 9.75 Bn | 1.10 Bn | 31.84% |
| 5 | ZeroStack | 48.41 Mn | 45.45 Mn | 1.62 Mn | 11.85% |
| 6 | 111 | 30.02 Mn | -24.35 Mn | 18.18 Mn | 5.31% |
| 7 | Guardian Pharmacy Services | 5.58 Mn | -84.23 Mn | 80.04 Mn | 22.75% |
| 8 | Ridgetech | 4.83 Mn | -13.18 Mn | - | - |
| 9 | DataMeds AI | 1.85 Mn | 1.80 Mn | 170,221.00 | 10.91% |
| 10 | MedWellAI | 1.47 Mn | 1.32 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.26% |
| 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 | 0.94% |
| Jun 30, 2022 | 3.36% |
| Mar 31, 2022 | 3.87% |
| Dec 31, 2021 | 3.46% |
| Sep 30, 2021 | 1.02% |