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Operating Income for Cardinal Health (CAH)

According to Cardinal Health's latest reported financial statements, the company's current operating income (TTM) is $2.53B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$2.53B

YoY change

+83.0%

5Y CAGR

N/A

Peak year (2016)

$2.46B

Cumulative operating income

$36.73B

Operating Income history chart for Cardinal Health (CAH) from 1986 to 2025

Operating Income history table for Cardinal Health (CAH) from 1986 to 2025

Fiscal yearPeriod endedReportedOperating IncomeYoY
2025$2.27B+83.0%
2024$1.24B+65.3%
2023$752.00M-223.9%
2022-$607.00M-228.6%
2021$472.00M-111.5%
2020-$4.10B-298.9%
2019$2.06B+1534.9%
2018$126.00M-94.1%
2017$2.12B-13.8%
2016$2.46B+13.8%
2015$2.16B+14.6%
2014$1.89B+89.3%
2013$996.00M-44.4%
2012$1.79B+18.4%
2011$1.51B+15.8%
2010$1.31B+1.5%
2009$1.29B-7.5%
2008$1.39B+1.4%
2007$1.37B-25.5%
2006$1.84B+3.5%
2005$1.78B-23.5%
2004$2.33B+6.6%
2003$2.19B+19.3%
2002$1.83B+23.3%
2001$1.49B+16.1%
2000$1.28B+22.9%
1999$1.04B+21.4%
1998$858.10M+19.9%
1997$715.70M+143.6%
1996$293.80M+14.9%
1995$255.80M+197.4%
1994$86.00M+45.8%
1993$59.00M+24.5%
1992$47.40M+36.6%
1991$34.70M+39.9%
1990$24.80M+36.3%
1989$18.20M+40.0%
1988$13.00M+4.8%
1987$12.40M+47.6%
1986$8.40M

Operating Income values are taken from Cardinal Health's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

As of the 2025 fiscal year, Cardinal Health (CAH) reported operating income of $2.27B – surged 83.0% year-over-year.

Across 2015–2025 (10 years), Cardinal Health operating income produced a CAGR of +0.5% – sustaining 3 straight years of year-over-year growth.

Cardinal Health operating income peaked at $2.46B in 2016; the latest annual figure is $2.27B in 2025 (7.5% below peak).

The dataset's maximum operating income sits at $2.46B (2016); the minimum reading of -$4.10B dates to 2020.

Within Healthcare, Cardinal Health (CAH) ranks 9th among 8 peers we track. The peer median for operating income is $22.84B.

Cardinal Health Operating Income by Year

Cardinal Health Operating Income 2025: $2.27B

Cardinal Health operating income in 2025 was $2.27B, surged 83.0% from 2024.

Cardinal Health Operating Income 2024: $1.24B

Cardinal Health operating income in 2024 was $1.24B, surged 65.3% from 2023.

Cardinal Health Operating Income 2023: $752.00M

Cardinal Health operating income in 2023 was $752.00M, plunged 223.9% below 2022.

Cardinal Health Operating Income 2022: -$607.00M

Cardinal Health operating income in 2022 was -$607.00M, plunged 228.6% below 2021.

Cardinal Health Operating Income 2021: $472.00M

Cardinal Health operating income in 2021 was $472.00M.

See more financial history for Cardinal Health (CAH).

Sector peers — Operating Income

Companies in the same sector as Cardinal Health, ranked by their latest operating income.

CompanyOperating IncomeSector
Novo Nordisk A/S (NVO)$127.66BHealthcare
Eli Lilly and Company (LLY)$29.70BHealthcare
Merck & Co., Inc. (MRK)$26.78BHealthcare
Johnson & Johnson (JNJ)$25.60BHealthcare
AbbVie Inc. (ABBV)$20.09BHealthcare
UnitedHealth Group Incorporated (UNH)$18.96BHealthcare
AstraZeneca PLC (AZN)$13.74BHealthcare
Amgen Inc. (AMGN)$10.68BHealthcare

Frequently asked questions

What is Cardinal Health's operating income?

Latest reported operating income for Cardinal Health (CAH) is $2.53B (period ending December 31, 2025).

How has Cardinal Health operating income changed year-over-year?

Cardinal Health (CAH) operating income changed +83.0% year-over-year on the latest annual filing.

What is the long-term growth rate of Cardinal Health operating income?

Cardinal Health (CAH) operating income compound annual growth rate is +0.5% over the most recent 10 years available.

When did Cardinal Health operating income hit its highest annual value?

Cardinal Health operating income reached its highest annual value of $2.46B in 2016.

What was Cardinal Health operating income in 2024?

Cardinal Health (CAH) operating income in 2024 was $1.24B.

What was Cardinal Health operating income in 2025?

Cardinal Health (CAH) operating income in 2025 was $2.27B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.