Company / Gross Margin
Cardinal Health Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
3.7%
FY2025
5-year range
3.3% / 4.7%
FY2021-FY2025
Trend
+12.2%
vs FY2024
Sector context
#95 of 96
Health Care
What the data says
Among 96 Health Care companies, Cardinal Health is in the bottom 1% for gross margin. Gross Margin returned to growth in FY2025 after 4 years of decline, reaching 3.7%.
Based on SEC 10-K filings.
3.7% in FY2025 with a 5-year CAGR of -1.6%.
Improved from 3.4% to 3.7% over the past 2 years.
Health Care sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +0.1pp
- 5-Year Change
- -1.6pp
- 10-Year Change
- -
Sector benchmark
Bottom 1% in Health CareTop 99% of 96This company 3.7% Sector average 53.6%
▼
-93.2% below sector average
Key checks
Key Insights
- In FY2025, gross margin increased 12.2% year-over-year.
- Currently 49.9pp below the Health Care sector average.
- Peak gross margin was recorded in FY2016.
- Lowest gross margin in the period was in FY2024.
Company context
Key Data Points
- Altman Z-Score 4.27 (safe zone, above 2.9 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 3.7% | +12.2% |
| FY2024 | 3.3% | -2.4% |
| FY2023 | 3.4% | -6.4% |
| FY2022 | 3.6% | -23.8% |
| FY2021 | 4.7% | -10.5% |
| FY2020 | 5.3% | +4.4% |
| FY2019 | 5.0% | -4.2% |
| FY2018 | 5.3% | -5.7% |
| FY2017 | 5.6% | -1.8% |
| FY2016 | 5.7% | +1.8% |
As of FY2025 · SEC 10-K · Updated Jul 4, 2026