Cardinal Health Inc
Cardinal Health, Inc. operates as a healthcare services and products company in the United States and internationally. It operates in two segments: Pharmaceutical and Specialty Solutions, and Global Medical Products and Distribution. The company provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and pa… Read more
Cardinal Health Inc (CAH) - Net Assets
Latest net assets as of December 2025: $-2.70 Billion USD
Based on the latest financial reports, Cardinal Health Inc (CAH) has net assets worth $-2.70 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($58.08 Billion) and total liabilities ($60.78 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-2.70 Billion |
| % of Total Assets | -4.65% |
| Annual Growth Rate | N/A |
| 5-Year Change | -246.82% |
| 10-Year Change | -140.09% |
| Growth Volatility | 41.92 |
Cardinal Health Inc - Net Assets Trend (1986–2025)
This chart illustrates how Cardinal Health Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cardinal Health Inc (1986–2025)
The table below shows the annual net assets of Cardinal Health Inc from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $-2.63 Billion | +18.00% |
| 2024-06-30 | $-3.21 Billion | -8.62% |
| 2023-06-30 | $-2.96 Billion | -318.84% |
| 2022-06-30 | $-706.00 Million | -139.35% |
| 2021-06-30 | $1.79 Billion | +0.11% |
| 2020-06-30 | $1.79 Billion | -71.69% |
| 2019-06-30 | $6.33 Billion | +4.47% |
| 2018-06-30 | $6.06 Billion | -11.26% |
| 2017-06-30 | $6.83 Billion | +3.91% |
| 2016-06-30 | $6.57 Billion | +5.04% |
| 2015-06-30 | $6.26 Billion | -2.27% |
| 2014-06-30 | $6.40 Billion | +7.13% |
| 2013-06-30 | $5.97 Billion | -4.31% |
| 2012-06-30 | $6.24 Billion | +6.76% |
| 2011-06-30 | $5.85 Billion | +10.86% |
| 2010-06-30 | $5.28 Billion | -39.53% |
| 2009-06-30 | $8.72 Billion | +12.61% |
| 2008-06-30 | $7.75 Billion | +5.02% |
| 2007-06-30 | $7.38 Billion | -12.51% |
| 2006-06-30 | $8.43 Billion | -4.34% |
| 2005-06-30 | $8.81 Billion | +10.50% |
| 2004-06-30 | $7.98 Billion | +3.18% |
| 2003-06-30 | $7.73 Billion | +20.93% |
| 2002-06-30 | $6.39 Billion | +17.58% |
| 2001-06-30 | $5.44 Billion | +23.56% |
| 2000-06-30 | $4.40 Billion | +23.27% |
| 1999-06-30 | $3.57 Billion | +20.80% |
| 1998-06-30 | $2.95 Billion | +121.81% |
| 1997-06-30 | $1.33 Billion | +28.62% |
| 1996-06-30 | $1.04 Billion | +88.95% |
| 1995-06-30 | $548.20 Million | +48.77% |
| 1994-06-30 | $368.50 Million | +44.17% |
| 1993-06-30 | $255.60 Million | +16.55% |
| 1992-06-30 | $219.30 Million | +13.39% |
| 1991-06-30 | $193.40 Million | +54.84% |
| 1990-06-30 | $124.90 Million | +83.95% |
| 1989-06-30 | $67.90 Million | +25.74% |
| 1988-06-30 | $54.00 Million | +15.63% |
| 1987-06-30 | $46.70 Million | +12.53% |
| 1986-06-30 | $41.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cardinal Health Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 32525.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $783.00 Million | % |
| Common Stock | $2.96 Billion | % |
| Other Comprehensive Income | $-155.00 Million | % |
| Total Equity | $-2.78 Billion | 100.00% |
Cardinal Health Inc Competitors by Market Cap
The table below lists competitors of Cardinal Health Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vistra Energy Corp
NYSE:VST
|
$51.19 Billion |
|
Compagnie de Saint-Gobain S.A
PINK:CODGF
|
$51.28 Billion |
|
L3Harris Technologies Inc
NYSE:LHX
|
$51.53 Billion |
|
Vale S.A
MX:VALEN
|
$51.70 Billion |
|
Exelon Corporation
NASDAQ:EXC
|
$50.26 Billion |
|
Monolithic Power Systems Inc
NASDAQ:MPWR
|
$50.26 Billion |
|
Engie S.A.
PA:ENGI
|
$50.18 Billion |
|
Deutsche Bank Aktiengesellschaft
F:DBK
|
$50.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cardinal Health Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -3,213,000,000 to -2,781,000,000, a change of 432,000,000.
- Net income of 1,561,000,000 contributed positively to equity growth.
- Dividend payments of 494,000,000 reduced retained earnings.
- Share repurchases of 765,000,000 reduced equity.
- Other comprehensive income increased equity by 12,000,000.
- Other factors increased equity by 118,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.56 Billion | +56.13% |
| Dividends Paid | $494.00 Million | -17.76% |
| Share Repurchases | $765.00 Million | -27.51% |
| Other Comprehensive Income | $12.00 Million | +0.43% |
| Other Changes | $118.00 Million | +4.24% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Cardinal Health Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-06-30 | $0.83 | $217.59 | x |
| 1987-06-30 | $0.95 | $217.59 | x |
| 1988-06-30 | $1.06 | $217.59 | x |
| 1989-06-30 | $1.23 | $217.59 | x |
| 1990-06-30 | $1.85 | $217.59 | x |
| 1991-06-30 | $2.67 | $217.59 | x |
| 1992-06-30 | $2.61 | $217.59 | x |
| 1993-06-30 | $2.97 | $217.59 | x |
| 1994-06-30 | $2.21 | $217.59 | x |
| 1995-06-30 | $3.84 | $217.59 | x |
| 1996-06-30 | $4.49 | $217.59 | x |
| 1997-06-30 | $5.59 | $217.59 | x |
| 1998-06-30 | $7.09 | $217.59 | x |
| 1999-06-30 | $8.34 | $217.59 | x |
| 2000-06-30 | $9.69 | $217.59 | x |
| 2001-06-30 | $11.73 | $217.59 | x |
| 2002-06-30 | $14.10 | $217.59 | x |
| 2003-06-30 | $16.91 | $217.59 | x |
| 2004-06-30 | $18.55 | $217.59 | x |
| 2005-06-30 | $19.71 | $217.59 | x |
| 2006-06-30 | $19.81 | $217.59 | x |
| 2007-06-30 | $18.23 | $217.59 | x |
| 2008-06-30 | $21.28 | $217.59 | x |
| 2009-06-30 | $24.13 | $217.59 | x |
| 2010-06-30 | $14.60 | $217.59 | x |
| 2011-06-30 | $16.59 | $217.59 | x |
| 2012-06-30 | $17.89 | $217.59 | x |
| 2013-06-30 | $17.37 | $217.59 | x |
| 2014-06-30 | $18.55 | $217.59 | x |
| 2015-06-30 | $18.67 | $217.59 | x |
| 2016-06-30 | $19.86 | $217.59 | x |
| 2017-06-30 | $21.28 | $217.59 | x |
| 2018-06-30 | $19.23 | $217.59 | x |
| 2019-06-30 | $21.02 | $217.59 | x |
| 2020-06-30 | $6.11 | $217.59 | x |
| 2021-06-30 | $6.09 | $217.59 | x |
| 2022-06-30 | $-2.54 | $217.59 | x |
| 2023-06-30 | $-11.29 | $217.59 | x |
| 2024-06-30 | $-13.01 | $217.59 | x |
| 2025-06-30 | $-11.49 | $217.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cardinal Health Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.70%
- • Asset Turnover: 4.19x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (7.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 14.46% | 1.40% | 3.12x | 3.32x | $1.85 Million |
| 1987 | 11.56% | 0.83% | 3.69x | 3.79x | $730.00K |
| 1988 | 12.22% | 1.26% | 2.75x | 3.53x | $1.20 Million |
| 1989 | 12.96% | 1.26% | 3.01x | 3.43x | $2.01 Million |
| 1990 | 10.25% | 1.46% | 3.48x | 2.01x | $310.00K |
| 1991 | 9.00% | 1.47% | 2.65x | 2.31x | $-1.94 Million |
| 1992 | 11.49% | 1.53% | 2.86x | 2.63x | $3.27 Million |
| 1993 | 13.15% | 1.71% | 3.00x | 2.57x | $8.04 Million |
| 1994 | 9.53% | 0.61% | 4.15x | 3.79x | $-1.75 Million |
| 1995 | 15.51% | 1.02% | 4.53x | 3.36x | $30.18 Million |
| 1996 | 10.80% | 1.21% | 3.27x | 2.73x | $8.32 Million |
| 1997 | 13.59% | 1.65% | 3.53x | 2.33x | $47.88 Million |
| 1998 | 8.36% | 1.17% | 2.82x | 2.53x | $-48.39 Million |
| 1999 | 12.78% | 1.82% | 2.99x | 2.35x | $99.34 Million |
| 2000 | 15.45% | 1.77% | 3.19x | 2.73x | $239.66 Million |
| 2001 | 15.77% | 1.79% | 3.27x | 2.69x | $313.69 Million |
| 2002 | 16.52% | 2.07% | 3.11x | 2.57x | $416.90 Million |
| 2003 | 18.32% | 2.48% | 3.06x | 2.41x | $638.35 Million |
| 2004 | 18.49% | 2.29% | 3.02x | 2.68x | $676.87 Million |
| 2005 | 12.23% | 1.45% | 3.29x | 2.57x | $191.40 Million |
| 2006 | 11.78% | 1.26% | 3.41x | 2.75x | $151.03 Million |
| 2007 | 26.18% | 2.22% | 3.75x | 3.14x | $1.19 Billion |
| 2008 | 16.79% | 1.49% | 3.73x | 3.03x | $525.85 Million |
| 2009 | 13.20% | 1.20% | 3.82x | 2.88x | $279.13 Million |
| 2010 | 12.17% | 0.65% | 4.93x | 3.79x | $114.59 Million |
| 2011 | 16.40% | 0.93% | 4.49x | 3.91x | $374.10 Million |
| 2012 | 17.12% | 0.99% | 4.43x | 3.89x | $444.60 Million |
| 2013 | 5.59% | 0.33% | 3.92x | 4.32x | $-263.50 Million |
| 2014 | 18.22% | 1.28% | 3.50x | 4.07x | $525.90 Million |
| 2015 | 19.42% | 1.19% | 3.40x | 4.82x | $589.40 Million |
| 2016 | 21.77% | 1.17% | 3.56x | 5.21x | $771.60 Million |
| 2017 | 18.92% | 0.99% | 3.24x | 5.89x | $607.20 Million |
| 2018 | 4.23% | 0.19% | 3.42x | 6.59x | $-349.90 Million |
| 2019 | 21.54% | 0.94% | 3.55x | 6.47x | $730.20 Million |
| 2020 | -206.43% | -2.41% | 3.75x | 22.79x | $-3.87 Billion |
| 2021 | 34.12% | 0.38% | 3.65x | 24.82x | $431.90 Million |
| 2022 | 0.00% | -0.52% | 4.13x | 0.00x | $-867.10 Million |
| 2023 | 0.00% | 0.16% | 4.73x | 0.00x | $625.80 Million |
| 2024 | 0.00% | 0.38% | 5.03x | 0.00x | $1.17 Billion |
| 2025 | 0.00% | 0.70% | 4.19x | 0.00x | $1.84 Billion |
Industry Comparison
This section compares Cardinal Health Inc's net assets metrics with peer companies in the Medical Distribution industry.
Industry Context
- Industry: Medical Distribution
- Average net assets among peers: $1,283,351,692
- Average return on equity (ROE) among peers: 9.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cardinal Health Inc (CAH) | $-2.70 Billion | 14.46% | N/A | $51.10 Billion |
| Accendra Health Inc (ACH) | $1.03 Billion | 10.82% | 1.27x | $24.00K |
| Arjo AB (publ) (ARRJF) | $9.30 Billion | 0.00% | 0.42x | $491.29 Million |
| Cencora Inc. (COR) | $166.30 Million | 40.59% | 11.39x | $64.39 Billion |
| Cosmos Health Inc. (COSM) | $-4.16 Million | 0.00% | 0.00x | $8.90 Million |
| EDAP TMS SA (EDAP) | $12.58 Million | -61.74% | 2.21x | $112.87 Million |
| Empro Group Inc. Ordinary shares (EMPG) | $1.41 Million | 82.70% | 1.73x | $9.16 Million |
| Energy Management International Inc (ENMI) | $-365.00K | 0.00% | 0.00x | $383.13K |
| Exlites Holdings International Inc (EXHI) | $-126.29 | 0.00% | 0.00x | $574.58K |
| Galenica AG (GALNF) | $1.05 Billion | 16.35% | 1.14x | $3.75 Billion |