Cardinal Health (CAH) FY2023 results: revenue $205.0 billion, up 13.0% on the year
Cardinal Health Inc. (CAH) reported revenue of $205.0 billion for fiscal 2023, the year ended 30 June 2023, up 13.0% on the year before. Net income was $330 million, and diluted earnings per share $1.26. The figures are the company's own, from the 10-K it filed with the SEC on 15 August 2023.
Revenue
$205.0 billion
+13.0% on the year
FY2016FY2023
Operating margin
0.4%
-0.3% a year earlier
FY2016FY2023
Net income
$330 million
FY2016FY2023
Diluted EPS
$1.26
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
2,839
3,175
2,429
-10.6%
Capital expenditure
481
387
400
+24.3%
Free cash flow
2,358
2,788
2,029
-15.4%
Free cash flow margin
1.2%
1.5%
1.2%
Cash from investing
-454
567
-378
Cash from financing
-3,051
-2,463
-1,317
Depreciation and amortisation
692
692
783
0.0%
Share-based compensation
96.0
81.0
89.0
+18.5%
Buybacks
2,000
1,000
200
+100.0%
Dividends paid
525
559
573
-6.1%
Dividend per share
$1.98
$1.96
$1.94
+1.0%
Diluted shares, weighted
262m
279m
294m
-6.1%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
-2,958
-709
1,791
Non-controlling interest
1.0
3.0
3.0
-66.7%
Debt
4,700
5,300
6,200
-11.3%
Operating lease liabilities
375
388
374
-3.4%
Finance lease liabilities
59.0
49.0
45.0
+20.4%
Other liabilities
41,240
38,847
36,040
+6.2%
Total liabilities and equity
43,417
43,878
44,453
-1.1%
Fixed assets
2,462
2,361
2,360
+4.3%
Goodwill
4,609
5,855
7,989
-21.3%
Intangible assets
1,472
1,774
2,105
-17.0%
Cash and equivalents
4,076
4,717
3,407
-13.6%
Receivables
11,108
10,561
9,103
+5.2%
Inventory
16,119
15,636
14,594
+3.1%
Other assets
3,571
2,974
4,895
+20.1%
Total assets
43,417
43,878
44,453
-1.1%
10-K for the year ended 30 June 2023, filed 15 August 2023: the filing.