Cardinal Health, Inc. CAH

220.22 (2.40) (1.08%) as of 25 Sep
Market cap
$51.6B
P/E
30.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Cardinal Health, Inc. (CAH) Debt to equity

Cardinal Health, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was −3.3×. Over the past ten years it has ranged from −7.5× (fiscal 2022) to 3.8× (fiscal 2020); the current reading is higher than 17% of that period. That is below the Medical Distribution industry median of −0.3× and below the Healthcare sector median of 0.0×.

Debt to equity, annual

Annual

Period Debt to equity Change
FY2026 −3.3× —
FY2025 −3.2× —
FY2024 −1.6× —
FY2023 −1.6× —
FY2022 −7.5× —
FY2021 3.5× (8.06%)
FY2020 3.8× 198.00%
FY2019 1.3× (14.71%)
FY2018 1.5× (2.29%)
FY2017 1.5× 80.61%

Quarterly

Period Debt to equity Change
Jun 2026 −3.3× —
Mar 2026 −3.3× —
Dec 2025 −3.3× —
Sep 2025 −3.3× —
42 more quarters

Against its own ten years

Low −7.5× High 3.8×
Ten-year median 0.9×
Current reading's percentile 17

Debt to equity against peers

Company Debt to equity
FOCL FocalTherics compare −12.4×
MCK McKesson Corporation compare −3.8×
CAH Cardinal Health, Inc. −3.3×
ACH Accendra Health, Inc. compare −3.1×
YI 111, Inc. Sponsored ADR compare −0.3×
AHG Akso Health Group Sponsored ADR compare 0.0×
COSM Cosmos Health Inc. compare 0.6×
HSIC Henry Schein, Inc. compare 0.6×
COR Cencora, Inc. compare 3.6×
Medical Distribution industry median −0.3×
Healthcare sector median 0.0×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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