Last 48 quarters of trend data · Healthcare · Medical - Distribution
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Cardinal Health, Inc.'s quarterly P/E stands at 31.3x, up 90.6% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 80.8% YoY to 18.1x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 30.54 | 31.26 | 26.08 | 20.87 | 42.00 | 16.40 | 17.92 | 16.25 | 25.60 | 26.14 | 16.80 | 1085.25 | — |
| — | +90.6% | +45.5% | +28.4% | +64.0% | -37.3% | +6.7% | -98.5% | — | +85.6% | — | +2504.1% | — | |
| P/S Ratio | 0.21 | 0.20 | 0.19 | 0.15 | 0.17 | 0.15 | 0.13 | 0.13 | 0.10 | 0.12 | 0.11 | 0.10 | 0.11 |
| — | +35.3% | +43.1% | +13.1% | +66.1% | +21.1% | +20.5% | +30.4% | -10.2% | +29.5% | +10.7% | +8.2% | +47.3% | |
| P/B Ratio | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/FCF | 25.06 | 7.43 | 21.94 | 10.84 | 7.78 | 2.97 | — | — | 3.20 | — | 5.82 | 12.45 | 9.37 |
| — | +150.0% | — | — | +143.5% | — | — | — | -65.9% | — | -40.6% | — | +637.3% | |
| EV / EBITDA | 16.91 | 18.11 | 15.76 | 11.64 | 17.97 | 10.02 | 10.98 | 9.79 | 10.34 | 13.53 | 9.16 | 40.23 | 19.69 |
| — | +80.8% | +43.5% | +18.9% | +73.8% | -25.9% | +19.8% | -75.7% | -47.5% | +99.9% | -91.4% | +148.1% | +13.1% | |
| EV / EBIT | 22.78 | 26.94 | 25.35 | 15.47 | 25.00 | 12.70 | 14.90 | 12.82 | 15.67 | 19.97 | 12.10 | — | 45.30 |
| — | +112.0% | +70.1% | +20.7% | +59.5% | -36.4% | +23.1% | — | -65.4% | +125.9% | — | — | -92.7% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Cardinal Health, Inc.'s operating margin was 0.8% in Q3 2026, down 0.2 pp QoQ and down 0.5 pp YoY. Gross margin expanded 6.0% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 3.7% | 4.1% | 3.4% | 3.6% | 3.7% | 3.9% | 3.5% | 3.6% | 3.1% | 3.5% | 3.2% | 3.2% | 3.4% |
| — | +6.0% | -3.8% | -0.4% | +17.9% | +9.7% | +9.3% | +14.1% | -9.2% | -0.3% | -0.5% | -2.0% | +0.3% | |
| Operating Margin | 1.0% | 0.8% | 1.1% | 1.0% | 0.7% | 1.3% | 1.0% | 1.1% | 0.7% | 0.7% | 0.9% | -0.1% | 0.3% |
| — | -37.2% | +8.8% | -3.9% | +4.1% | +97.8% | +13.0% | +1954.1% | +166.6% | -40.6% | +480.2% | -121.2% | +235.5% | |
| Net Margin | 0.7% | 0.7% | 0.7% | 0.7% | 0.4% | 0.9% | 0.7% | 0.8% | 0.4% | 0.5% | 0.6% | -0.0% | -0.1% |
| — | -29.0% | -0.6% | -11.7% | +0.5% | +93.8% | +13.0% | +3717.3% | +430.2% | -30.4% | +353.6% | -109.9% | -140.9% |
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| ROA | 3.2% | 0.7% | 0.8% | 0.8% | 0.5% | 1.0% | 0.9% | 0.9% | 0.5% | 0.6% | 0.8% | -0.0% | -0.1% |
| — | -33.4% | -6.4% | -12.0% | -10.5% | +85.0% | +9.0% | +3518.5% | +451.4% | -28.1% | +375.5% | -110.9% | -146.0% | |
| ROIC | 3378.7% | 13.0% | 20.2% | 22.0% | 12.1% | 32.9% | 47.1% | — | — | — | — | — | — |
| — | -60.4% | -57.1% | — | — | — | — | — | — | — | — | — | — |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Cardinal Health, Inc.'s Debt/EBITDA ratio is 11.8x, up from 10.4x last quarter — elevated, raising questions about debt serviceability.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Debt / EBITDA | 3.05 | 11.78 | 10.35 | 10.02 | 14.67 | 8.20 | 10.26 | 6.89 | 9.44 | 10.72 | 6.95 | 33.41 | 15.02 |
| — | +43.7% | +0.9% | +45.6% | +55.4% | -23.6% | +47.8% | -79.4% | -37.1% | +69.2% | -93.3% | +95.4% | -39.2% | |
| Current Ratio | 0.94 | 0.91 | 0.91 | 0.96 | 0.94 | 0.94 | 1.02 | 0.95 | 0.98 | 0.98 | 0.98 | 0.99 | 1.00 |
| — | -3.9% | -10.8% | +0.9% | -4.5% | -4.1% | +3.2% | -4.1% | -2.1% | -4.5% | -5.6% | -4.5% | -7.2% | |
| Quick Ratio | 0.50 | 0.48 | 0.44 | 0.52 | 0.50 | 0.50 | 0.54 | 0.50 | 0.56 | 0.51 | 0.50 | 0.50 | 0.52 |
| — | -5.0% | -17.5% | +4.5% | -10.1% | -1.1% | +6.7% | -1.3% | +7.1% | -2.1% | -3.9% | -5.2% | -7.8% | |
| Interest Coverage | 10.77 | 5.04 | 6.16 | 8.47 | 6.19 | 9.99 | 15.60 | 17.91 | 98.00 | 13.21 | 171.67 | -3.00 | 9.07 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Cardinal Health, Inc.'s current P/E is 30.5x. The average P/E over the last 4 quarters is 30.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Cardinal Health, Inc.'s current operating margin is 1.0%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Cardinal Health, Inc.'s business trajectory between earnings reports.