Cencora (COR) FY2023 results: revenue $262.2 billion, up 9.9% on the year
Cencora, Inc. (COR) reported revenue of $262.2 billion for fiscal 2023, the year ended 30 September 2023, up 9.9% on the year before. Net income was $1.7 billion, up 2.7%, and diluted earnings per share $8.53. The figures are the company's own, from the 10-K it filed with the SEC on 21 November 2023.
Revenue
$262.2 billion
+9.9% on the year
FY2016FY2023
Operating margin
0.9%
1.0% a year earlier
FY2016FY2023
Net income
$1.7 billion
+2.7% on the year
FY2016FY2023
Diluted EPS
$8.53
+6.1% on the year
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
3,911
2,703
2,667
+44.7%
Capital expenditure
458
496
438
-7.6%
Free cash flow
3,453
2,207
2,228
+56.5%
Free cash flow margin
1.3%
0.9%
1.0%
Cash from investing
-2,602
-368
-6,142
Cash from financing
-2,222
-1,753
1,953
Depreciation and amortisation
964
694
505
+38.9%
Share-based compensation
125
93.4
99.6
+33.4%
Buybacks
1,181
484
82.2
+144.1%
Dividends paid
399
392
367
+1.8%
Dividend per share
$1.94
$1.84
$1.76
+5.4%
Diluted shares, weighted
205m
211m
208m
-3.1%
Shares outstanding at period end
201m
206m
208m
-2.6%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
522
-212
223
Non-controlling interest
144
283
361
-49.0%
Debt
4,787
5,703
6,684
-16.1%
Operating lease liabilities
924
864
946
+6.9%
Other liabilities
56,181
49,922
49,123
+12.5%
Total liabilities and equity
62,559
56,561
57,338
+10.6%
Fixed assets
2,135
2,135
2,163
+0.0%
Goodwill
9,574
8,504
9,031
+12.6%
Intangible assets
4,432
4,333
5,257
+2.3%
Cash and equivalents
2,592
3,388
2,547
-23.5%
Receivables
20,911
18,453
18,167
+13.3%
Inventory
17,455
15,556
15,368
+12.2%
Other assets
5,460
4,192
4,805
+30.3%
Total assets
62,559
56,561
57,338
+10.6%
10-K for the year ended 30 September 2023, filed 21 November 2023: the filing.