Health Care · Health Care Distributors
Cardinal Health: revenue, profit and dividends
In fiscal 2026, Cardinal Health had revenue of $254B, up 7.7% a year on average since 2016, and net income of $1.71B (0.7% of revenue). Its dividend per share has gone up 18 years in a row, to $2.04. It has 28% fewer shares than in 2016.
Revenue, fiscal 2026
average annual revenue growth since 2016 · +14.2% vs 2025
- Ticker
- CAH · NYSE
- Sector
- Health Care
- Sub-industry
- Health Care Distributors
- Headquarters
- Dublin, Ohio
- Founded
- 1971
- In the S&P 500 since
- May 27, 1997
- Latest fiscal year
- 2026, ended June 30, 2026
- SEC filer
- Cardinal Health Inc · CIK 0000721371
Revenue and net income
Revenue went from $87.4B in 2008 to $254B in 2026. Net loss in 2020, 2022.
Diluted earnings per share
Diluted EPS went from $3.18 in 2009 to $7.23 in 2026. Ten-year growth: 5.3% a year.
Dividends per share
Raised every year in the data: 18 years in a row, from 2009 to 2026. Ten-year growth: 2.8% a year.
Shares outstanding
28.2% fewer shares in 2026 than in 2016 (330M → 237M): buybacks outweighed new shares.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $4.53B in 2026, 1.8% of revenue.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | $254B | $1.71B | 0.7% | $7.23 | $2.04 | 237M | $5.17B | $649M | $4.53B |
| 2025 | $223B | $1.56B | 0.7% | $6.45 | $2.02 | 242M | $2.4B | $547M | $1.85B |
| 2024 | $227B | $852M | 0.4% | $3.45 | $2.00 | 247M | $3.76B | $511M | $3.25B |
| 2023 | $205B | $330M | 0.2% | $1.26 | $1.98 | 262M | $2.84B | $481M | $2.36B |
| 2022 | $181B | −$938M | −0.5% | −$3.37 | $1.96 | 279M | $3.17B | $387M | $2.79B |
| 2021 | $162B | $611M | 0.4% | $2.08 | $1.94 | 294M | $2.43B | $400M | $2.03B |
| 2020 | $153B | −$3.7B | −2.4% | −$12.61 | $1.92 | 293M | $1.96B | $375M | $1.58B |
| 2019 | $146B | $1.36B | 0.9% | $4.53 | $1.91 | 301M | $2.72B | $328M | $2.39B |
| 2018 | $137B | $256M | 0.2% | $0.81 | $1.85 | 315M | $2.77B | $384M | $2.38B |
| 2017 | $130B | $1.29B | 1.0% | $4.03 | $1.80 | 320M | $1.18B | $387M | $797M |
| 2016 | $122B | $1.43B | 1.2% | $4.32 | $1.55 | 330M | $2.97B | $465M | $2.51B |
| 2015 | $103B | $1.22B | 1.2% | $3.62 | $1.37 | 335M | $2.54B | $300M | $2.24B |
| 2014 | $91.1B | $1.17B | 1.3% | $3.38 | $1.21 | 345M | $2.52B | $249M | $2.27B |
| 2013 | $101B | $334M | 0.3% | $0.97 | $1.02 | 344M | $1.73B | $195M | $1.53B |
| 2012 | $108B | $1.07B | 1.0% | $3.06 | $0.86 | 349M | $1.18B | $260M | $916M |
| 2011 | $103B | $959M | 0.9% | $2.72 | $0.78 | 353M | $1.4B | $291M | $1.1B |
| 2010 | $98.5B | $642M | 0.7% | $1.77 | $0.70 | 361M | $2.13B | $260M | $1.87B |
| 2009 | $96B | $1.15B | 1.2% | $3.18 | $0.56 | 362M | $1.42B | $421M | $1.0B |
| 2008 | $87.4B | $1.3B | 1.5% | — | $0.48 | 364M | — | — | — |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Health Care Distributors companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.