Shares Outstanding for Cardinal Health (CAH)
According to Cardinal Health's latest reported financial statements, the company's latest reported diluted shares outstanding is 237.00M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingShares OutstandingSwitch metric
Latest period
237.00M
YoY change
-2.0%
5Y CAGR
-3.8%
Peak year (2001)
463.46M
Latest annual
242.00M
Shares Outstanding history chart for Cardinal Health (CAH) from 1986 to 2025
Shares Outstanding history table for Cardinal Health (CAH) from 1986 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 242.00M | -2.0% | ||
| 2024 | 247.00M | -5.7% | ||
| 2023 | 262.00M | -6.1% | ||
| 2022 | 279.00M | -5.1% | ||
| 2021 | 294.00M | +0.3% | ||
| 2020 | 293.00M | -2.7% | ||
| 2019 | 301.00M | -4.4% | ||
| 2018 | 315.00M | -1.6% | ||
| 2017 | 320.00M | -3.0% | ||
| 2016 | 330.00M | -1.5% | ||
| 2015 | 335.00M | -2.9% | ||
| 2014 | 345.00M | +0.3% | ||
| 2013 | 344.00M | -1.4% | ||
| 2012 | 349.00M | -1.0% | ||
| 2011 | 352.50M | -2.5% | ||
| 2010 | 361.40M | -0.0% | ||
| 2009 | 361.50M | -0.7% | ||
| 2008 | 364.00M | -10.1% | ||
| 2007 | 404.70M | -5.6% | ||
| 2006 | 428.50M | -1.7% | ||
| 2005 | 435.98M | +1.4% | ||
| 2004 | 429.91M | -5.3% | ||
| 2003 | 453.83M | +0.1% | ||
| 2002 | 453.30M | -2.2% | ||
| 2001 | 463.46M | +2.0% | ||
| 2000 | 454.30M | +6.2% | ||
| 1999 | 427.80M | +2.6% | ||
| 1998 | 416.85M | +74.9% | ||
| 1997 | 238.40M | +3.4% | ||
| 1996 | 230.59M | +61.6% | ||
| 1995 | 142.73M | -14.3% | ||
| 1994 | 166.54M | +93.3% | ||
| 1993 | 86.15M | +2.6% | ||
| 1992 | 84.00M | +15.9% | ||
| 1991 | 72.50M | +7.6% | ||
| 1990 | 67.37M | +22.5% | ||
| 1989 | 55.00M | +8.3% | ||
| 1988 | 50.77M | +3.4% | ||
| 1987 | 49.09M | -1.8% | ||
| 1986 | 50.00M | — |
Shares Outstanding 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
Cardinal Health (CAH) most recent annual diluted shares outstanding stands at 242.00M (2025) – edged down 2.0% year-over-year.
Cardinal Health diluted shares outstanding has contracted on net over the period, with a -3.8% compound annual growth rate over 2020–2025 (5 years).
Cardinal Health diluted shares outstanding plunged from 463.46M in 2001 to 242.00M in 2025, a 47.8% drawdown.
2001 marks the peak diluted shares outstanding at 463.46M, with the historical low of 49.09M recorded in 1987.
Among 8 Healthcare peers, Cardinal Health (CAH) ranks 9th; the peer median for diluted shares outstanding is 1.34B.
Cardinal Health Shares Outstanding by Year
Cardinal Health Shares Outstanding 2025: 242.00M
Cardinal Health diluted shares outstanding in 2025 was 242.00M, edged down 2.0% below 2024.
Cardinal Health Shares Outstanding 2024: 247.00M
Cardinal Health diluted shares outstanding in 2024 was 247.00M, declined 5.7% below 2023.
Cardinal Health Shares Outstanding 2023: 262.00M
Cardinal Health diluted shares outstanding in 2023 was 262.00M, declined 6.1% below 2022.
Cardinal Health Shares Outstanding 2022: 279.00M
Cardinal Health diluted shares outstanding in 2022 was 279.00M, declined 5.1% below 2021.
Cardinal Health Shares Outstanding 2021: 294.00M
Cardinal Health diluted shares outstanding in 2021 was 294.00M.
See more financial history for Cardinal Health (CAH).
Sector peers — Shares Outstanding
Companies in the same sector as Cardinal Health, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | 4.45B | Healthcare |
| Merck & Co., Inc. (MRK) | 2.51B | Healthcare |
| Johnson & Johnson (JNJ) | 2.43B | Healthcare |
| AbbVie Inc. (ABBV) | 1.77B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | 910.00M | Healthcare |
| Eli Lilly and Company (LLY) | 898.00M | Healthcare |
| AstraZeneca PLC (AZN) | 781.00M | Healthcare |
| Amgen Inc. (AMGN) | 542.00M | Healthcare |
Frequently asked questions
What is Cardinal Health's diluted shares outstanding?
- Latest reported diluted shares outstanding for Cardinal Health (CAH) is 237.00M (period ending December 31, 2025).
How has Cardinal Health diluted shares outstanding changed year-over-year?
- Cardinal Health (CAH) diluted shares outstanding changed -2.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Cardinal Health diluted shares outstanding?
- Cardinal Health (CAH) diluted shares outstanding compound annual growth rate is -3.8% over the most recent 5 years available.
When did Cardinal Health diluted shares outstanding hit its highest annual value?
- Cardinal Health diluted shares outstanding reached its highest annual value of 463.46M in 2001.
What was Cardinal Health diluted shares outstanding in 2024?
- Cardinal Health (CAH) diluted shares outstanding in 2024 was 247.00M.
What was Cardinal Health diluted shares outstanding in 2025?
- Cardinal Health (CAH) diluted shares outstanding in 2025 was 242.00M.
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