Cencora (COR) Operating Margin (2009 - 2026)
Cencora's (COR) quarterly Operating Margin came in at 1.32% in Q2 2026, up 25.0% on a YoY basis from 1.06% in Q2 2025, and down 9.36% quarter-over-quarter from 1.46% in Q1 2026.
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Cencora (COR) Operating Margin (2009 - 2026) Analysis & Trends
Cencora (COR) has reported Operating Margin for 18 consecutive years, with 1.32% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 25.0% year-over-year to 1.32%; the trailing twelve-month figure through Jun 2026 stood at 0.91% (up 5.0% YoY), and the FY2025 full-year result was 0.82%, up 8.0% from the prior year.
- Operating Margin eased to 1.32% in Q2 2026 per COR's latest filing, from 1.46% in the prior quarter.
- Across five years, Operating Margin topped out at 1.46% in Q1 2026 and bottomed at 0.02% in Q3 2025.
- Historically, Operating Margin has averaged 0.89% across 5 years, with a median of 0.9% in 2025.
- The sharpest annual moves came in 2024 and 2025: Operating Margin plunged 53 bps in 2024, then surged 56 bps in 2025.
- Over 5 years, Operating Margin stood at 1.01% in 2022, then climbed by 13 bps to 1.14% in 2023, then dropped by 24 bps to 0.87% in 2024, then climbed by 2 bps to 0.88% in 2025, then soared by 49 bps to 1.32% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 1.32%, 1.46%, and 0.88% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 105.79 Bn | 103.19 Bn | 3.69 Bn | 1.25% |
| 2 | Cencora | 63.13 Bn | 60.51 Bn | 3.61 Bn | 1.32% |
| 3 | Cardinal Health | 57.48 Bn | 52.78 Bn | 2.56 Bn | 1.14% |
| 4 | Henry Schein | 10.05 Bn | 10.80 Bn | 1.10 Bn | 4.95% |
| 5 | ZeroStack | 42.83 Mn | 41.14 Mn | 1.62 Mn | -177.43% |
| 6 | 111 | 30.11 Mn | 113.01 Mn | 18.18 Mn | -0.85% |
| 7 | Ridgetech | 5.33 Mn | -12.68 Mn | - | - |
| 8 | Guardian Pharmacy Services | 5.16 Mn | -72.61 Mn | 80.04 Mn | 5.87% |
| 9 | MedWellAI | 2.27 Mn | 2.28 Mn | - | -36.84% |
| 10 | DataMeds AI | 2.20 Mn | 2.15 Mn | 170,221.00 | -385.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.32% |
| Mar 31, 2026 | 1.46% |
| Dec 31, 2025 | 0.88% |
| Sep 30, 2025 | 0.02% |
| Jun 30, 2025 | 1.08% |
| Mar 31, 2025 | 1.37% |
| Dec 31, 2024 | 0.87% |
| Sep 30, 2024 | 0.16% |
| Jun 30, 2024 | 0.91% |
| Mar 31, 2024 | 0.81% |
| Dec 31, 2023 | 1.14% |
| Sep 30, 2023 | 0.69% |
| Jun 30, 2023 | 1.00% |
| Mar 31, 2023 | 0.88% |
| Dec 31, 2022 | 1.01% |
| Sep 30, 2022 | 0.21% |
| Jun 30, 2022 | 0.81% |
| Mar 31, 2022 | 1.35% |
| Dec 31, 2021 | 1.08% |
| Sep 30, 2021 | 0.28% |