Cardinal Historical Income Statement

CAH Stock

USD 98.91 4.07 3.95%

Historical analysis of Cardinal Health income statement accounts such as Interest Expense of 187.2 M, Selling General Administrative of 5.8 B or Total Revenue of 247.6 B can show how well Cardinal Health performed in making a profits. Evaluating Cardinal Health income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cardinal Health's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Cardinal Health latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cardinal Health is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardinal Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.

About Cardinal Income Statement Analysis

Cardinal Health Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Cardinal Health shareholders. The income statement also shows Cardinal investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Cardinal Health Income Statement Chart

Cardinal Health Income Statement is one of the three primary financial statements used for reporting Cardinal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cardinal Health revenue and expense. Cardinal Health Income Statement primarily focuses on the company's revenues and expenses during a particular period.

As of now, Cardinal Health's Total Revenue is increasing as compared to previous years. The Cardinal Health's current Gross Profit is estimated to increase to about 8.3 B, while EBIT is projected to decrease to under 1.5 B.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Selling And Marketing Expenses

Total Revenue

Total revenue comprises all receipts Cardinal Health generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Cardinal Health minus its cost of goods sold. It is profit before Cardinal Health operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cardinal Health. It is also known as Cardinal Health overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Cardinal Health's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cardinal Health current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardinal Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.As of now, Cardinal Health's Total Revenue is increasing as compared to previous years. The Cardinal Health's current Gross Profit is estimated to increase to about 8.3 B, while EBIT is projected to decrease to under 1.5 B.

	2021	2022	2023	2024 (projected)
Gross Profit	6.5B	6.9B	7.9B	8.3B
Total Revenue	181.4B	205.0B	235.8B	247.6B

Gross Profit Total Revenue

Cardinal Health income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Discontinued Operations	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Minority Interest	Tax Provision	Interest Income	Extraordinary Items	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.77	0.9	0.76	0.9	0.76	0.09	0.51	0.7	0.75	0.93	-0.35	-0.55	-0.29	-0.39	-0.61	0.62	-0.43	0.52	0.05	-0.84	-0.77	0.21	0.74	-0.22	0.39
Interest Expense	0.77		0.57	0.31	0.64	0.31	0.25	0.52	0.65	0.3	0.64	-0.16	-0.36	-0.09	-0.33	-0.52	0.36	-0.18	0.29	-0.11	-0.57	-0.6	0.67	0.43	-0.73	0.79
Selling General Administrative	0.9	0.57		0.95	0.97	0.95	0.16	0.55	0.66	0.95	0.99	-0.16	-0.39	-0.15	-0.14	-0.71	0.75	-0.25	0.37	0.13	-0.79	-0.59	-0.13	0.79	0.1	0.11
Total Revenue	0.76	0.31	0.95		0.88	1.0	0.06	0.39	0.48	1.0	0.92	-0.14	-0.31	-0.14	-0.07	-0.6	0.68	-0.22	0.31	0.16	-0.73	-0.48	-0.39	0.79	0.36	-0.13
Gross Profit	0.9	0.64	0.97	0.88		0.88	0.3	0.71	0.79	0.88	0.98	-0.05	-0.32	-0.05	-0.02	-0.81	0.81	-0.17	0.3	0.14	-0.74	-0.5	-0.06	0.65	0.03	0.14
Other Operating Expenses	0.76	0.31	0.95	1.0	0.88		0.05	0.38	0.47	1.0	0.92	-0.14	-0.31	-0.14	-0.08	-0.6	0.68	-0.22	0.31	0.16	-0.74	-0.48	-0.39	0.79	0.36	-0.13
Operating Income	0.09	0.25	0.16	0.06	0.3	0.05		0.66	0.54	0.05	0.17	0.31	0.07	0.2	0.54	-0.51	0.34	0.26	-0.11	0.13	-0.06	0.28	0.11	-0.25	-0.03	-0.06
Ebit	0.51	0.52	0.55	0.39	0.71	0.38	0.66		0.96	0.38	0.56	0.34	0.02	0.27	0.43	-0.89	0.84	0.18	-0.04	0.18	-0.29	0.0	0.11	0.0	-0.12	0.09
Ebitda	0.7	0.65	0.66	0.48	0.79	0.47	0.54	0.96		0.47	0.69	0.13	-0.18	0.09	0.18	-0.87	0.87	-0.02	0.16	0.14	-0.48	-0.25	0.22	0.2	-0.22	0.24
Cost Of Revenue	0.75	0.3	0.95	1.0	0.88	1.0	0.05	0.38	0.47		0.92	-0.14	-0.31	-0.14	-0.08	-0.59	0.68	-0.22	0.31	0.16	-0.73	-0.47	-0.4	0.79	0.37	-0.14
Total Operating Expenses	0.93	0.64	0.99	0.92	0.98	0.92	0.17	0.56	0.69	0.92		-0.17	-0.4	-0.15	-0.18	-0.7	0.73	-0.25	0.37	0.11	-0.82	-0.62	-0.05	0.79	0.02	0.19
Income Before Tax	-0.35	-0.16	-0.16	-0.14	-0.05	-0.14	0.31	0.34	0.13	-0.14	-0.17		0.94	0.98	0.69	-0.14	0.1	0.96	-0.94	0.19	0.29	0.62	-0.36	-0.5	0.16	-0.33
Total Other Income Expense Net	-0.55	-0.36	-0.39	-0.31	-0.32	-0.31	0.07	0.02	-0.18	-0.31	-0.4	0.94		0.94	0.57	0.18	-0.17	0.95	-0.99	0.14	0.42	0.65	-0.4	-0.55	0.2	-0.38
Net Income	-0.29	-0.09	-0.15	-0.14	-0.05	-0.14	0.2	0.27	0.09	-0.14	-0.15	0.98	0.94		0.51	-0.08	0.05	0.96	-0.95	0.2	0.24	0.46	-0.31	-0.41	0.07	-0.22
Income Tax Expense	-0.39	-0.33	-0.14	-0.07	-0.02	-0.08	0.54	0.43	0.18	-0.08	-0.18	0.69	0.57	0.51		-0.25	0.23	0.57	-0.54	0.1	0.35	0.87	-0.39	-0.59	0.41	-0.55
Discontinued Operations	-0.61	-0.52	-0.71	-0.6	-0.81	-0.6	-0.51	-0.89	-0.87	-0.59	-0.7	-0.14	0.18	-0.08	-0.25		-0.88	0.04	-0.16	-0.27	0.32	0.2	-0.02	-0.24	0.02	-0.08
Selling And Marketing Expenses	0.62	0.36	0.75	0.68	0.81	0.68	0.34	0.84	0.87	0.68	0.73	0.1	-0.17	0.05	0.23	-0.88		-0.05	0.17	0.25	-0.4	-0.2	-0.12	0.35	0.12	-0.03
Net Income From Continuing Ops	-0.43	-0.18	-0.25	-0.22	-0.17	-0.22	0.26	0.18	-0.02	-0.22	-0.25	0.96	0.95	0.96	0.57	0.04	-0.05		-0.97	0.18	0.28	0.57	-0.3	-0.44	0.1	-0.24
Non Recurring	0.52	0.29	0.37	0.31	0.3	0.31	-0.11	-0.04	0.16	0.31	0.37	-0.94	-0.99	-0.95	-0.54	-0.16	0.17	-0.97		-0.11	-0.38	-0.61	0.34	0.51	-0.12	0.29
Non Operating Income Net Other	0.05	-0.11	0.13	0.16	0.14	0.16	0.13	0.18	0.14	0.16	0.11	0.19	0.14	0.2	0.1	-0.27	0.25	0.18	-0.11		0.0	0.04	-0.28	-0.03	0.28	-0.26
Minority Interest	-0.84	-0.57	-0.79	-0.73	-0.74	-0.74	-0.06	-0.29	-0.48	-0.73	-0.82	0.29	0.42	0.24	0.35	0.32	-0.4	0.28	-0.38	0.0		0.64	-0.05	-0.76	0.06	-0.26
Tax Provision	-0.77	-0.6	-0.59	-0.48	-0.5	-0.48	0.28	0.0	-0.25	-0.47	-0.62	0.62	0.65	0.46	0.87	0.2	-0.2	0.57	-0.61	0.04	0.64		-0.33	-0.8	0.35	-0.55
Interest Income	0.21	0.67	-0.13	-0.39	-0.06	-0.39	0.11	0.11	0.22	-0.4	-0.05	-0.36	-0.4	-0.31	-0.39	-0.02	-0.12	-0.3	0.34	-0.28	-0.05	-0.33		-0.03	-0.95	0.9
Extraordinary Items	0.74	0.43	0.79	0.79	0.65	0.79	-0.25	0.0	0.2	0.79	0.79	-0.5	-0.55	-0.41	-0.59	-0.24	0.35	-0.44	0.51	-0.03	-0.76	-0.8	-0.03		0.01	0.29
Net Interest Income	-0.22	-0.73	0.1	0.36	0.03	0.36	-0.03	-0.12	-0.22	0.37	0.02	0.16	0.2	0.07	0.41	0.02	0.12	0.1	-0.12	0.28	0.06	0.35	-0.95	0.01		-0.93
Reconciled Depreciation	0.39	0.79	0.11	-0.13	0.14	-0.13	-0.06	0.09	0.24	-0.14	0.19	-0.33	-0.38	-0.22	-0.55	-0.08	-0.03	-0.24	0.29	-0.26	-0.26	-0.55	0.9	0.29	-0.93

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Cardinal Health Account Relationship Matchups

Cardinal Health income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	658M	913M	783M	692M	795.8M	835.6M
Interest Expense	238M	180M	149M	93M	107.0M	187.2M
Selling General Administrative	4.6B	4.5B	4.6B	4.8B	5.6B	5.8B
Total Revenue	152.9B	162.5B	181.4B	205.0B	235.8B	247.6B
Gross Profit	6.9B	6.8B	6.5B	6.9B	7.9B	8.3B
Other Operating Expenses	151.2B	160.7B	179.7B	203.2B	233.7B	245.4B
Operating Income	1.8B	1.8B	1.6B	727M	836.1M	1.3B
Ebit	1.8B	1.8B	1.6B	1.8B	2.0B	1.5B
Ebitda	2.7B	2.6B	2.3B	2.5B	2.8B	1.8B
Cost Of Revenue	146.1B	155.7B	174.8B	198.1B	227.8B	239.2B
Total Operating Expenses	5.1B	5.0B	4.9B	5.1B	5.9B	6.2B
Income Before Tax	(3.8B)	323M	(769M)	638M	733.7M	871.7M
Total Other Income Expense Net	(5.5B)	(1.5B)	(2.4B)	(1.0B)	(935.1M)	(888.3M)
Net Income	(3.7B)	611M	(932M)	261M	300.2M	553.1M
Income Tax Expense	(79M)	(289M)	163M	376M	432.4M	340.5M
Net Income Applicable To Common Shares	(3.7B)	611M	(933M)	261M	234.9M	223.2M
Net Income From Continuing Ops	(3.7B)	612M	(932M)	262M	235.8M	327.4M
Non Recurring	5.9B	1.3B	2.3B	1.0B	1.2B	1.0B
Tax Provision	(79M)	(289M)	163M	376M	338.4M	204.4M
Interest Income	341M	182M	147M	93M	83.7M	79.5M
Net Interest Income	(238M)	(180M)	(149M)	(93M)	(107.0M)	(112.3M)
Reconciled Depreciation	1B	913M	783M	692M	622.8M	666.2M

Cardinal Health Investors Sentiment

The influence of Cardinal Health's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cardinal. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Cardinal Health's public news can be used to forecast risks associated with an investment in Cardinal. The trend in average sentiment can be used to explain how an investor holding Cardinal can time the market purely based on public headlines and social activities around Cardinal Health. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Cardinal Health's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cardinal Health's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cardinal Health's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cardinal Health.

Cardinal Health Implied Volatility

59.05

Cardinal Health's implied volatility exposes the market's sentiment of Cardinal Health stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cardinal Health's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cardinal Health stock will not fluctuate a lot when Cardinal Health's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cardinal Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cardinal Health's short interest history, or implied volatility extrapolated from Cardinal Health options trading.

Pair Trading with Cardinal Health

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cardinal Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cardinal Health will appreciate offsetting losses from the drop in the long position's value.

Moving against Cardinal Stock

0.69	GKOS	Glaukos Corp	Pair Corr
0.49	INSP	Inspire Medical Systems Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Cardinal Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cardinal Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cardinal Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cardinal Health to buy it.

The correlation of Cardinal Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cardinal Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cardinal Health moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Cardinal Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Cardinal Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cardinal Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cardinal Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cardinal Health Stock:

How To Invest In Cardinal

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Is Cardinal Stock a good investment?

Details

What is Cardinal Health's Net Worth?

Details

Largest Health Care Providers & Services Companies

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Largest Health Care Equipment & Services Companies

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For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.

Note that the Cardinal Health information on this page should be used as a complementary analysis to other Cardinal Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Cardinal Stock analysis

When running Cardinal Health's price analysis, check to measure Cardinal Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cardinal Health is operating at the current time. Most of Cardinal Health's value examination focuses on studying past and present price action to predict the probability of Cardinal Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cardinal Health's price. Additionally, you may evaluate how the addition of Cardinal Health to your portfolios can decrease your overall portfolio volatility.

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Is Cardinal Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cardinal Health. If investors know Cardinal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cardinal Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.22)

Dividend Share

2.002

Earnings Share

2.26

Revenue Per Share

891.2

Quarterly Revenue Growth

0.088

The market value of Cardinal Health is measured differently than its book value, which is the value of Cardinal that is recorded on the company's balance sheet. Investors also form their own opinion of Cardinal Health's value that differs from its market value or its book value, called intrinsic value, which is Cardinal Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cardinal Health's market value can be influenced by many factors that don't directly affect Cardinal Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Cardinal Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardinal Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardinal Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Cardinal Historical Income Statement

About Cardinal Income Statement Analysis

Cardinal Health Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cardinal Health income statement Correlations

Cardinal Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cardinal Health income statement Accounts

Cardinal Health Investors Sentiment

Cardinal Health Implied Volatility

Pair Trading with Cardinal Health

Moving against Cardinal Stock

Complementary Tools for Cardinal Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Total Operating Expenses	+ 0.99	Selling General Administrative
Total Operating Expenses	+ 0.98	Gross Profit
Net Income	+ 0.98	Income Before Tax

Non Recurring	- 0.99	Total Other Income Expense Net
Non Recurring	- 0.97	Net Income From Continuing Ops
Net Interest Income	- 0.95	Interest Income
Non Recurring	- 0.95	Net Income
Non Recurring	- 0.94	Income Before Tax
Reconciled Depreciation	- 0.93	Net Interest Income