Cardinal Health (CAH) FY2024 results: revenue $226.8 billion, up 10.6% on the year
Cardinal Health Inc. (CAH) reported revenue of $226.8 billion for fiscal 2024, the year ended 30 June 2024, up 10.6% on the year before. Net income was $852 million, up 158.2%, and diluted earnings per share $3.45. The figures are the company's own, from the 10-K it filed with the SEC on 14 August 2024.
Revenue
$226.8 billion
+10.6% on the year
FY2017FY2024
Operating margin
0.5%
0.4% a year earlier
FY2017FY2024
Net income
$852 million
+158.2% on the year
FY2017FY2024
Diluted EPS
$3.45
+173.8% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
3,762
2,839
3,175
+32.5%
Capital expenditure
511
481
387
+6.2%
Free cash flow
3,251
2,358
2,788
+37.9%
Free cash flow margin
1.4%
1.2%
1.5%
Cash from investing
-1,849
-454
567
Cash from financing
-847
-3,051
-2,463
Depreciation and amortisation
710
692
692
+2.6%
Share-based compensation
121
96.0
81.0
+26.0%
Buybacks
750
2,000
1,000
-62.5%
Dividends paid
499
525
559
-5.0%
Dividend per share
$2.00
$1.98
$1.96
+1.0%
Diluted shares, weighted
247m
262m
279m
-5.7%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
-3,213
-2,958
-709
Non-controlling interest
1.0
1.0
3.0
0.0%
Debt
5,100
4,700
5,300
+8.5%
Operating lease liabilities
400
375
388
+6.7%
Finance lease liabilities
75.0
59.0
49.0
+27.1%
Other liabilities
42,758
41,240
38,847
+3.7%
Total liabilities and equity
45,121
43,417
43,878
+3.9%
Fixed assets
2,529
2,462
2,361
+2.7%
Goodwill
4,725
4,609
5,855
+2.5%
Intangible assets
1,725
1,472
1,774
+17.2%
Investments
200
n/a
n/a
Cash and equivalents
5,133
4,076
4,717
+25.9%
Receivables
12,084
11,108
10,561
+8.8%
Inventory
14,957
16,119
15,636
-7.2%
Other assets
3,768
3,571
2,974
+5.5%
Total assets
45,121
43,417
43,878
+3.9%
10-K for the year ended 30 June 2024, filed 14 August 2024: the filing.