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CAH · Cardinal Health Inc

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$281.10 +2.96 (+1.06%) At close · Nov 13
Market Cap
$64.97B
Shares
231.14M
Volume · Nov 13 1.26M Avg daily vol (3M) 1.71M

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$281.10 Open$280.09 Day$276.75–281.87 52W close$182.50–281.10 Avg vol 30d1.7M Short int7.6M · 3.3% of shares · 4.2d Short vol63% Last earningsNov 5, 2026 DataJan 2020–Nov 2026 Filing10-Q · Nov 5

Up next

Feb 4, 2027 Est · unconfirmed · in 12 wks

Latest documents

2026
Nov 5
Investor event
Fiscal 2027 EPS guidance raised to $12.80 to $13

Cardinal Health raised fiscal 2027 non-GAAP diluted EPS guidance to $12.80 to $13 from $12.40 to $12.60, citing broad-based operating momentum; Q1 revenue rose 5% to $67.5 billion and diluted EPS grew 28% to $3.26.

5 source passages
So let's talk about our fiscal 2027 guidance. We are raising our non-GAAP diluted EPS guidance to a new range of $12.80 to $13, up from our prior range of $12.40 to $12.60. The Cardinal Health team delivered a strong first quarter above and below the line on the income statement and with respect to cash flow. Moving on to our consolidated first quarter results, total company revenue grew 5% to $67.5 billion. All in, our efforts resulted in first quarter diluted earnings per share growth of 28%, or $3.26. Open the document at this passage
Nov 5
Earnings call
Fiscal 2027 EPS guidance raised to $12.80 to $13

Cardinal Health raised fiscal 2027 non-GAAP diluted EPS guidance to $12.80 to $13 from $12.40 to $12.60, after first-quarter revenue grew 5% to $67.5 billion and diluted EPS grew 28 percent to $3.26.

3 source passages
Given our Q1 delivery, we are pleased to raise our fiscal 2027 EPS guidance to $12.80 to $13, from the previous range of $12.40 to $12.60. Moving on to our consolidated first quarter results, total company revenue grew 5% to $67.5 billion. All in, our efforts resulted in first quarter diluted earnings per share growth of 28 percent, or $3.26. Open the document at this passage
Nov 5
Quarterly report 10-Q FY2027 Q1, ended Sep 30
Revenue and operating earnings rise in first quarter

For the three months ended September 30, 2026, Cardinal Health, Inc. reported revenue up 5 percent to $67.5 billion, GAAP operating earnings up 13 percent to $753 million, and GAAP diluted EPS up 27 percent to $2.38.

Revenue $67.51B ▲ 5.5% Net income $554M ▲ 23.1% Diluted EPS $2.38 ▲ 26.6%
Read from the MD&A section
4 source passages
Revenue increased 5 percent from the prior-year quarter to $67.5 billion due to branded and specialty pharmaceutical sales growth from existing customers. GAAP operating earnings for the three months ended September 30, 2026 increased 13 percent from the prior-year quarter to $753 million, primarily due to the increased contributions from branded and specialty pharmaceutical products and the performance of our generics program, partially offset by an increase in acquisition-related costs. GAAP diluted EPS for the three months ended September 30, 2026 increased 27 percent from the prior-year quarter to $2.38, primarily due to the factors impacting GAAP operating earnings in the preceding section and favorable changes in discrete tax items. Diluted earnings per share attributable to Cardinal Health, Inc. ("diluted EPS"). Open the document at this passage
Nov 5
Current report 8-K
Raises fiscal 2027 outlook as revenue reaches $67.5 billion

Cardinal Health reported first quarter fiscal year 2027 revenue of $67.5 billion, up 5%, and non-GAAP diluted EPS of $3.26, up 28%. It raised fiscal 2027 non-GAAP EPS guidance to $12.80 to $13.00 from $12.40 to $12.60 and completed a $500 million share repurchase program.

Financial results, Regulation FD disclosure
4 source passages
Cardinal Health (NYSE: CAH) today reported first quarter fiscal year 2027 revenues of $67.5 billion, an increase of 5% from the first quarter of fiscal year 2026. Non-GAAP diluted EPS increased 28% to $3.26, reflecting the increase in non-GAAP operating earnings, a lower share count, and a lower effective tax rate. Cardinal Health is raising its fiscal year 2027 guidance for non-GAAP diluted EPS to $12.80 to $13.00, from the previous range of $12.40 to $12.60. Cardinal Health completes $500 million share repurchase program in first quarter Open the document at this passage
Oct 1
Current report 8-K
Regulation FD disclosure

Cardinal Health entered a binding letter of intent to extend its distribution agreement with CVS Health through June 30, 2032, reaffirming fiscal year 2027 non-GAAP EPS guidance of 13% to 15% growth ($12.40 to $12.60) and long-term non-GAAP EPS growth guidance of 12% to 14%.

All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$257.75B
Trailing 12 months
Net income (TTM)
$1.82B
Trailing 12 months
Revenue growth YoY
+5.5%
Year over year
Operating margin
1.0%
Trailing 12 months
P / E (TTM)
35.7
Trailing earnings · reciprocal yield 2.8%
FCF yield
7.5%
TTM · current market cap
Return on invested capital
409.4%
Trailing 12 months
Net cash
−$3.55B
Latest balance sheet
Dividend yield
0.7%
Trailing 12 months
Shares change YoY
-2.5%
Year over year · fewer shares
Price change (1Y)
+36.4%
Trailing year
Short interest
3.3%
Latest settlement · 4.2 days to cover
View all 125 metrics

AI Brief

Q1 FY27 earnings call · Nov 5, 2026
Q1 FY27

TL;DR. Cardinal Health reported first-quarter revenue, operating earnings and EPS growth, raised fiscal 2027 EPS guidance, and completed a $500 million share repurchase. The main headwinds were a 28% decline in GMPD profit, IRA-related pharma pressure, and petroleum costs pushing GMPD toward the low end of guidance.

Bullish
  • + Cardinal Health raised fiscal 2027 non-GAAP diluted EPS guidance to $12.80 to $13.00 from $12.40 to $12.60.
  • + First-quarter revenue increased 5% to $67.5 billion, GAAP operating earnings increased 13% to $753 million, and GAAP diluted EPS increased 27% to $2.38.
  • + Non-GAAP operating earnings increased 17% to $1.0 billion and non-GAAP diluted EPS increased 28% to $3.26.
  • + Pharmaceutical and Specialty Solutions profit increased 17% to $783 million on 6% revenue growth to $62.6 billion.
  • + Other revenue increased 7% to $1.8 billion and segment profit increased 16% to $193 million.
  • + Cardinal Health completed a $500 million share repurchase program in the first quarter.
Bearish
  • − IRA WAC reductions created a 400 basis point year-over-year pharma revenue headwind, offsetting part of the growth from GOP-1 medications.
  • − Sustained high petroleum costs tied to the Iran conflict are pushing GMPD profit toward the low end of its $200 million to $220 million guidance range.
  • − Earnings growth is expected to moderate in the second and third quarters before strengthening in the fourth quarter.
  • − Company results face risks from pharmaceutical pricing changes, tariffs, the Iran conflict, acquisitions, GMPD execution, generics performance, and DOJ investigations.
  • − GMPD revenue was approximately flat at $3.2 billion as lower distribution revenue offset Cardinal Health Brand growth.
  • − GMPD segment profit decreased 28% to $33 million.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Strong Buy
SellHoldBuy
Technical Buy Momentum Very Strong Sentiment Bullish Fundamentals Excellent Quant / Vol Moderate
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Buy
50 / 200-day cross No cross
Price vs 200-day avg +25%
above
Price vs 50-day avg +15%
above
RSI (14) 79
overbought
MACD trend Positive
52-week position 100%
near high
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Very Strong
1-month return +11%
trailing
6-month return +40%
trailing
YTD return +37%
this year
Relative strength +40%
vs S&P · 6-mo
Sentiment
smart money
Bullish
Trend (MA cross) No cross
50d $244 › 200d $225 — 50d above 200d
Institutional flow Accumulating
1,350 of 1,515 funds reported for Sep 30 · net +1.7M sh shares · +80 new
Insider flow Distributing
Net -$59.6M over 90 days · 100% sells
Short interest Falling
3.28% of shares out · ▼ -1.3% MoM · 4.2 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
1,515 holders — near 3-yr high, broad support
Squeeze score 68
elevated · 0–100
Fundamentals
Excellent
Revenue growth +14%
Y/Y
Gross margin 4%
expanding
EPS growth +12%
Y/Y
Free cash flow $4.5B
Buyback $500.0M
authorized
Balance sheet $4.0B
net debt
Quant / Vol
risk profile
Moderate
Volatility 26%
annualized · 1-yr
Max drawdown −21%
past year
ATR 2.3%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Latest guidance · from the Earnings Call filed Aug 11, 2026
long-term guidance
EPS growth rate Non-GAAP 12% – 14%
fiscal 27
Fiscal 27 baseline share repurchase $1B
Gmpd segment profit $200M – $220M
Adjusted free cash flow Non-GAAP $3.5B – $4B
the year ahead
Revenue growth 11% – 13%
Profit growth 15% – 18%
each year
12 to 14 percent non-GAAP EPS growth each year Non-GAAP 12% – 14%
Previous outlook earlier release · from the Earnings Call filed Apr 30, 2026

Still-open targets the latest release did not restate under the same label.

Long-term non-GAAP EPS growth · long-term 12% – 14%
Prior guidance period ended · from the 8-K filed Apr 30, 2026
Non-GAAP diluted EPS attributable to Cardinal Health, Inc. · fiscal year 2026 $10.70 – $10.80
Pharmaceutical and Specialty Solutions segment profit growth · fiscal year 2026 22% – 23%
Other segment profit growth · fiscal year 2026 36% – 38%
Non-GAAP effective tax rate · fiscal year 2026 19%
Interest and Other expense · fiscal year 2026 $340M

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Buy
1 · 2 · 4
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+25% Bullish
Price vs 50-day avg
+15% Bullish
RSI (14)
79 Bearish
MACD trend
Positive Bullish
52-week position
100% Bullish
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross) No cross
50d $244 › 200d $225 — 50d above 200d
Institutional flow Accumulating
1,350 of 1,515 funds reported for Sep 30 · net +1.7M sh shares · +80 new
Insider flow Distributing
Net -$59.6M over 90 days · 100% sells
Short interest Falling
3.28% of shares out · ▼ -1.3% MoM · 4.2 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
1,515 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $183 Now $281 · 100% Range high $281
vs 200-day avg +25% vs 50-day avg +15%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
Non-GAAP Adjusted Free Cash Flow non-GAAP $4.97B Fiscal Year 2026 —
GAAP → non-GAAP reconciliation
GAAP Net cash provided by operating activities 5.17B
+45M Repurchases of liability-classified Specialty Alliance Units
-649M Additions to property and equipment
+401M Payments related to matters included in litigation (recoveries)/charges, net
= Non-GAAP Adjusted Free Cash Flow 4.97B
Non-GAAP diluted EPS attributable to Cardinal Health, Inc. non-GAAP $11.26 FY26 —
Non-GAAP net earnings attributable to Cardinal Health, Inc. non-GAAP $2.7B FY26 —
Non-GAAP operating earnings non-GAAP $3.6B FY26 —
Operating cash flow $5.2B FY26 —
Share repurchase authorization $6.4B as of August 2026 —
Share repurchases $1.4B FY26 —

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Medical Distribution — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
CAH
Cardinal Health Inc
this stock
$64.97B +36.8% +14.2% — 3.3%
MCK
Mckesson Corp
$127.33B +34.4% +3.1% 28.4 1.7%
COR
Cencora, Inc.
$68.51B +6.3% +9.3% 26.7 1.7%
HSIC
Henry Schein Inc
$9.53B +14.1% +5.9% 23.6 8.5%
EBOSY
EBOS Group Limited
$2.37B — — — 0.0%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
1,529
% held
91.7%
Reported
1,350 of 1,515
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
1,046
View
Short & Settlement
Short Interest Falling
Shares short
7.6M
Days to cover
4.2d
Change
-101.0K sh
View
Short Volume
Short vol %
63%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
4.5K
Value
$1.1M
As of
Oct 9, 2026
View
Off-Exchange
Off-exchange %
43.1%
Week of
Oct 5, 2026
Off-exch Lit
View
Smart Money
Insider Trades Net selling
Net (90d)
-$59.6M
Buyers / Sellers
0 / 7
Buyers Sellers
View
Congressional Trades Buy
Member
Alan Armstrong
Amount
$1.0K–$15.0K
Traded
Mar 27, 2026
View
Financials
Financials
Revenue (FY)
$254.2B
Net income (FY)
$1.7B
EPS diluted
$7.23
View
Buybacks
Authorized
$500.0M
Remaining
$0
Spent Remaining
View
Filings
SEC Filings
Latest
Investor Event Transcript
Filed
Nov 5, 2026
This year
24

Cardinal Health raised fiscal 2027 non-GAAP diluted EPS guidance to $12.80 to $13 from $12.40 to $12.60, citing broad-based operating momentum; Q1 revenue rose 5% to $67.5 billion and diluted EPS grew 28% to $3.26.

View
Proposed Sales
Value
$627.4K
Shares
2.7K
Filed
Feb 27, 2026
View
Earnings & Events
Webcasts
Last webcast
Nov 5, 2026
View
Investor Relations
Latest news
Cardinal Health Board of Director…
Published
Nov 11, 2026
View

Performance

5D 20D 120D MTD YTD
CAH +3.5% +10.6% +40.3% +12.2% +36.8%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY +0.9% +11.8% +39.8% +12.4% +26.2%

Capital returns

Latest dividend
$0.516 / share · ex Oct 1, 2026
Declared · upcoming
$0.5158 / share · ex Jan 4, 2027
Raised 1%
Paid (TTM)
$2.054 / share · 4 payouts
Dividend yield (TTM, derived)
0.73%
Full dividend history
Buyback program · as of Nov 5, 2026
Authorized
$500.00M
Spent (derived)
$500.00M
Remaining
$0
Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 721371 CUSIP 14149Y108 13F (30d) 1184 filings 1112 filers Visit website Investor relations