Cencora (COR) FY2024 results: revenue $294.0 billion, up 12.1% on the year
Cencora, Inc. (COR) reported revenue of $294.0 billion for fiscal 2024, the year ended 30 September 2024, up 12.1% on the year before. Net income was $1.5 billion, down 13.5%, and diluted earnings per share $7.53. The figures are the company's own, from the 10-K it filed with the SEC on 26 November 2024.
Revenue
$294.0 billion
+12.1% on the year
FY2017FY2024
Operating margin
0.7%
0.9% a year earlier
FY2017FY2024
Net income
$1.5 billion
-13.5% on the year
FY2017FY2024
Diluted EPS
$7.53
-11.7% 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
3,485
3,911
2,703
-10.9%
Capital expenditure
487
458
496
+6.3%
Free cash flow
2,998
3,453
2,207
-13.2%
Free cash flow margin
1.0%
1.3%
0.9%
Cash from investing
-618
-2,602
-368
Cash from financing
-2,331
-2,222
-1,753
Depreciation and amortisation
1,092
964
694
+13.3%
Share-based compensation
148
125
93.4
+18.8%
Buybacks
1,491
1,181
484
+26.3%
Dividends paid
416
399
392
+4.4%
Dividend per share
$2.04
$1.94
$1.84
+5.2%
Diluted shares, weighted
200m
205m
211m
-2.1%
Shares outstanding at period end
195m
201m
206m
-2.9%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
646
522
-212
+23.7%
Non-controlling interest
141
144
283
-2.4%
Debt
4,388
4,787
5,703
-8.3%
Operating lease liabilities
1,030
924
864
+11.4%
Other liabilities
60,897
56,181
49,922
+8.4%
Total liabilities and equity
67,102
62,559
56,561
+7.3%
Fixed assets
2,181
2,135
2,135
+2.2%
Goodwill
9,318
9,574
8,504
-2.7%
Intangible assets
4,001
4,432
4,333
-9.7%
Cash and equivalents
3,133
2,592
3,388
+20.9%
Receivables
23,872
20,911
18,453
+14.2%
Inventory
18,999
17,455
15,556
+8.8%
Other assets
5,598
5,460
4,192
+2.5%
Total assets
67,102
62,559
56,561
+7.3%
10-K for the year ended 30 September 2024, filed 26 November 2024: the filing.