Inside the research

Cardinal Health, Inc.

CAH Research profile · latest available data

Price overview

$220.22

▼ -2.40 (-1.1%)

52w hi$248.61
52w lo$147.43
Vol2.09M
As of25 Sep 2026

The Verdict

Hold

Our score +0.09

Short-0.11
Medium+0.22
Long+0.22

computed 2026-09-27

Key fundamentals

Cardinal Health, Inc.

Healthcare · Medical Distribution

Market cap$50.99B
Enterprise value$56.52B
Trailing P/E30.50x
Forward P/E15.67x
EV / EBITDA13.32x
P / S (ttm)0.20x
Profit margin0.7%
Revenue growth+5.8%
Earnings growth+68.8%

Layer Breakdown

LayerRawContribution
Fundamental+0.22
Sector+0.08
Technical+0.04
Earnings+0.00
Sentiment-0.17

macro × 1.00 · 2026-09-27

Business overview

Cardinal Health, Inc. operates as a healthcare services and products company in the United States and internationally. It operates in two segments: Pharmaceutical and Specialty Solutions, and Global Medical Products and Distribution. The company offers customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home. It distributes branded and generic pharmaceutical, specialty pharmaceutical, and over-the-counter healthcare and consumer products. The company also provides services to pharmaceutical manufacturers and healthcare providers for specialty pharmaceutical products; pharmacy management services to hospitals; operates pharmacies, including pharmacies in community health centers; and repackages generic pharmaceuticals and over-the-counter healthcare products. In addition, it manufactures, sources, and distributes Cardinal Health branded medical, surgical, and laboratory products and devices that include exam and surgical gloves; needles, syringe, and sharps disposals; compression, incontinence, nutritional delivery, and wound care products; single-use surgical drapes, gowns, and apparel products; fluid suction and collection systems; urology products; operating room supply products; and electrode product lines. Further, the company distributes a range of national brand products, including medical, surgical, and laboratory products; provides supply chain services and solutions to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers; and assembles and sells sterile and non-sterile procedure kits. Additionally, it manufactures, prepares, and delivers radiopharmaceuticals; and optimizes direct shipments through integrated technology solutions. The company was incorporated in 1979 and is headquartered in Dublin, Ohio.

United States · www.cardinalhealth.com

Risk Metrics

Beta vs SPX0.28
Corr SPX0.17
Annual vol26.7%
Annual ret+37.4%
Sharpe1.40
Max DD-20.6%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$245.27
High / Low$275.00 / $215.00
Median$245.00
Analysts15
Strong Buy3
Buy12
Hold2
Sell0
Strong Sell0

Recent rating actions

2026-05-04JP Morgan→ Neutral
2026-05-01Wells Fargo→ Overweight
2026-05-01TD Cowen→ Buy
2026-05-01Citigroup→ Buy
2026-04-28William Blair→ Outperform
2026-04-08Evercore ISI Group→ Outperform

Material Events

DateEvent8-K
2026-08-11Earnings Release, Reg FD Disclosure…read
2026-08-11Material Agreement, Termination of Agreement…read
2026-08-05Officer / Director Changeread
2026-04-30Earnings Release, Reg FD Disclosure…read
2026-03-23Officer / Director Change, Reg FD Disclosure…read
2026-03-05Officer / Director Changeread
2026-02-05Earnings Release, Reg FD Disclosure…read
2026-01-13Reg FD Disclosure, Exhibitsread
2025-11-06Shareholder Voteread
2025-10-30Earnings Release, Reg FD Disclosure…read
2025-10-10Material Agreement, Exhibitsread
2025-10-03Material Agreement, Exhibitsread

Insider Trades

DateInsiderRoleActionSharesValue
2026-08-04Pitteroff Valerie ChristineChief Human Resources OffGrant2.61K—
2026-08-04Scherer Mary C.Chief Accounting OfficerGrant2.61K—
2026-08-04Mayer Jessica LChief Legal/Compliance OfGrant46.99K—
2026-08-04Mason Stephen MCEO, GMPD SegmentGrant46.99K—
2026-08-04WEITZMAN DEBORAHCEO, PSS SegmentGrant54.82K—
2026-08-04Alt Aaron EChief Financial OfficerGrant58.74K—
2026-08-04Greene Michelle D.Chief Information OfficerGrant17.23K—
2026-08-04Hollar Jason M.Chief Executive OfficerGrant187.97K—
2026-04-15Hall Patricia HemingwayGrant381$79.18K
2026-02-27Greene Michelle D.Chief Information OfficerSell100$22.86K

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders10
Top-5 share94.8%
HHI4,578 (concentrated)

Top Holders

HolderValueShares
State Street Corp$2.84B11.97M
Fidelity / FMR LLC$490.86M2.07M
AQR Capital Management$411.65M1.73M
Capital Research / Capital World$226.34M952.75K
Renaissance Technologies$130.68M550.10K
Citadel Advisors$122.70M516.52K
Millennium Management$70.78M297.93K
Bridgewater Associates$31.38M132.08K
Norges Bank (Norway sovereign)$1.40M5.90K
T. Rowe Price Group$533.34K2.25M

As of 2026-06-30

Dividends

Yield (TTM)0.70%
$ / share (TTM)$1.53
5y CAGR+1.0%

Annual dividend per share

2021$1.96
2022$1.98
2023$2.00
2024$1.51
2025$2.03
2026$1.02

Federal Contracts

AmountAgencyDescription
$758.74KDepartment of Veterans AffairsRADIOPHARMACEUTICALS
$741.88KDepartment of Veterans AffairsRADIOPHARMACEUTICAL ISOTOPES FUNDING DOCUMENT
$724.04KDepartment of Veterans AffairsRADIOPHARMACEUTICALS ORDER
$676.62KDepartment of Veterans AffairsVARIOUS NUCLEAR MED
$384.72KDepartment of Veterans AffairsMEDICATION CARVYKTI
$362.74KDepartment of Veterans AffairsNUC LAB BASE PLUS 4 OPTION YEARS DELIVERY.
$362.19KDepartment of Defense4564107685!PHARM PRIME VENDOR FLEET
$307.11KDepartment of Veterans AffairsEMERGENCY QTY 1 TECCARTUS

SEC Filings

DateFormDoc
2026-08-1110-Kview
2026-08-118-Kview
2026-08-118-Kview
2026-08-064view
2026-08-064view
2026-08-064view
2026-08-064view
2026-08-064view
2026-08-064view
2026-08-064view
2026-08-064view
2026-08-058-Kview
2026-06-2311-Kview
2026-06-2311-Kview
2026-04-3010-Qview

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$226.83B+16.7%
Gross profit$6.87B+15.1%
Operating income$1.24B-0.5%
Net income$330.00M+3.2%
Cash from ops$2.40B+3.9%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$222.00$223.02$219.10$220.222.09M
Sep 24$222.08$225.37$221.95$222.623.48M
Sep 23$221.79$225.64$220.94$221.271.22M
Sep 22$227.17$228.44$221.21$222.042.78M
Sep 21$225.28$227.58$223.54$225.751.19M

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