TTM
0.9%
YoY change
+0.47pp
Trough year (2020)
-2.7%
Peak year (1999)
4.1%
Latest annual
1.0%
Operating Margin history chart for Cardinal Health (CAH) from 1986 to 2025
Latest: 1.0%
Operating Margin change chart for Cardinal Health (CAH) from 1986 to 2025
Latest: +0.47pp
Operating Margin history table for Cardinal Health (CAH) from 1986 to 2025
| 2025 | 1.0% | +0.47pp | ||
| 2024 | 0.5% | +0.18pp | ||
| 2023 | 0.4% | +0.70pp | ||
| 2022 | -0.3% | -0.63pp | ||
| 2021 | 0.3% | +2.97pp | ||
| 2020 | -2.7% | -4.10pp | ||
| 2019 | 1.4% | +1.32pp | ||
| 2018 | 0.1% | -1.54pp | ||
| 2017 | 1.6% | -0.39pp | ||
| 2016 | 2.0% | -0.08pp | ||
| 2015 | 2.1% | +0.04pp | ||
| 2014 | 2.1% | +1.08pp | ||
| 2013 | 1.0% | -0.68pp | ||
| 2012 | 1.7% | +0.19pp | ||
| 2011 | 1.5% | +0.15pp | ||
| 2010 | 1.3% | -0.01pp | ||
| 2009 | 1.3% | -0.25pp | ||
| 2008 | 1.6% | +0.01pp | ||
| 2007 | 1.6% | -0.73pp | ||
| 2006 | 2.3% | -0.14pp | ||
| 2005 | 2.5% | -1.16pp | ||
| 2004 | 3.6% | -0.24pp | ||
| 2003 | 3.9% | +0.27pp | ||
| 2002 | 3.6% | +0.48pp | ||
| 2001 | 3.1% | -0.24pp | ||
| 2000 | 3.3% | -0.81pp | ||
| 1999 | 4.1% | +0.08pp | ||
| 1998 | 4.1% | +0.18pp | ||
| 1997 | 3.9% | +0.71pp | ||
| 1996 | 3.2% | +0.11pp | ||
| 1995 | 3.1% | +1.58pp | ||
| 1994 | 1.5% | -1.52pp | ||
| 1993 | 3.0% | +0.12pp | ||
| 1992 | 2.9% | -0.05pp | ||
| 1991 | 2.9% | +0.09pp | ||
| 1990 | 2.8% | +0.24pp | ||
| 1989 | 2.6% | +0.12pp | ||
| 1988 | 2.5% | +0.58pp | ||
| 1987 | 1.9% | -0.06pp | ||
| 1986 | 2.0% | — |
- 20251.0%+0.47pp
- 20240.5%+0.18pp
- 20230.4%+0.70pp
- 2022-0.3%-0.63pp
- 20210.3%+2.97pp
- 2020-2.7%-4.10pp
- 20191.4%+1.32pp
- 20180.1%-1.54pp
- 20171.6%-0.39pp
- 20162.0%-0.08pp
- 20152.1%+0.04pp
- 20142.1%+1.08pp
- 20131.0%-0.68pp
- 20121.7%+0.19pp
- 20111.5%+0.15pp
- 20101.3%-0.01pp
- 20091.3%-0.25pp
- 20081.6%+0.01pp
- 20071.6%-0.73pp
- 20062.3%-0.14pp
- 20052.5%-1.16pp
- 20043.6%-0.24pp
- 20033.9%+0.27pp
- 20023.6%+0.48pp
- 20013.1%-0.24pp
- 20003.3%-0.81pp
- 19994.1%+0.08pp
- 19984.1%+0.18pp
- 19973.9%+0.71pp
- 19963.2%+0.11pp
- 19953.1%+1.58pp
- 19941.5%-1.52pp
- 19933.0%+0.12pp
- 19922.9%-0.05pp
- 19912.9%+0.09pp
- 19902.8%+0.24pp
- 19892.6%+0.12pp
- 19882.5%+0.58pp
- 19871.9%-0.06pp
- 19862.0%—
Operating Margin values are taken from Cardinal Health's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Cardinal Health (CAH)
According to Cardinal Health's latest reported financial statements, the company's latest reported operating margin is 0.9%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual operating margin for Cardinal Health (CAH) came in at 1.02% – expanded 0.5 percentage points year-over-year.
4.15% stands as the all-time-high annual operating margin, posted in 1999, against a low of -2.68% during 2020.
Cardinal Health Operating Margin by Year
Cardinal Health Operating Margin 2025: 1.0%
2025's operating margin for Cardinal Health came in at 1.02%, expanded 0.5 percentage points from 2024.
Cardinal Health Operating Margin 2024: 0.5%
Cardinal Health posted operating margin of 0.55% in 2024, expanded 0.2 percentage points from 2023.
Cardinal Health Operating Margin 2023: 0.4%
In 2023, Cardinal Health reported operating margin of 0.37%, expanded 0.7 percentage points from 2022.
Cardinal Health Operating Margin 2022: -0.3%
Cardinal Health operating margin in 2022 was -0.33%, contracted 0.6 percentage points from 2021.
Cardinal Health Operating Margin 2021: 0.3%
Cardinal Health operating margin in 2021 was 0.29%.
See more financial history for Cardinal Health (CAH).
Sector peers by Operating Margin
Healthcare peers of Cardinal Health (CAH), ranked by their latest operating margin
| 45.9% | |
| 45.3% | |
| 31.6% | |
| 27.6% | |
| 27.6% | |
| 26.4% | |
| 23.7% | |
| 4.2% |
- 45.9%
- 45.3%
- 31.6%
- 27.6%
- 27.6%
- 23.7%
Frequently asked questions
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