Cardinal Health, Inc. (CAH) balance sheet
NYSE · Healthcare · Medical - Distribution · 61,344 employees · CEO Jason Hollar
- Price
- $250.48 -0.24%
- Market cap
- $58B
- Enterprise value
- $63.1B
- Last report
- Q4 '26 filed 2026-08-11
- Next report
- 2026-11-05 EPS est. $2.94
At the end of Q4 '26 Cardinal Health, Inc. (CAH) held $4.86B in cash and short-term investments against $9.95B of debt incl. leases. Total assets $57.3B, total liabilities $60B, shareholders' equity -$2.88B.
Balance sheet
| Balance sheet | Trend | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $3.85B | $4.59B | $3.72B | $5.13B | $2.87B | $3.81B | $3.33B | $3.87B | $4.59B | $2.78B | $3.94B | $4.86B | |
| Receivables | $11.3B | $11.8B | $11.6B | $12.1B | $11.8B | $12.4B | $12.7B | $13.2B | $13.8B | $13.7B | $13.6B | $13.8B | |
| Inventory | $17B | $18.5B | $17.3B | $15B | $15.6B | $16.9B | $16.2B | $16.8B | $17.6B | $20.1B | $18B | $17.3B | |
| Other current assets | $2.58B | $2.83B | $3.17B | $2.71B | $2.64B | $2.67B | $2.45B | $2.43B | $2.62B | $2.68B | $2.47B | $21M | |
| Current assets | $34.7B | $37.7B | $35.7B | $34.9B | $32.9B | $35.8B | $34.6B | $36.4B | $38.5B | $39.2B | $38.1B | $38.8B | |
| Property, plant & equipment (net) | $2.44B | $2.45B | $2.47B | $2.53B | $2.54B | $2.56B | $2.66B | $2.86B | $2.83B | $2.88B | $2.93B | $4.02B | |
| Long-term investments | $0 | $20M | $20M | $43M | $0 | $0 | $147M | $14M | $0 | $0 | $0 | $0 | |
| Goodwill | $4.03B | $4.02B | $4.79B | $4.73B | $4.73B | $5.49B | $8.91B | $9.69B | $9.71B | $11.6B | $11.4B | $11.4B | |
| Intangible assets | $1.41B | $1.35B | $1.72B | $1.73B | $1.66B | $1.95B | $2.11B | $2.49B | $2.4B | $2.37B | $2.28B | $2.19B | |
| Other non-current assets | $1.15B | $1.08B | $1.15B | $1.22B | $1.23B | $1.25B | $1.45B | $1.7B | $1.75B | $2B | $2B | $893M | |
| Non-current assets | $9.02B | $8.92B | $10.1B | $10.2B | $10.2B | $11.2B | $15.3B | $16.7B | $16.7B | $18.9B | $18.6B | $18.5B | |
| Total assets | $43.7B | $46.6B | $45.9B | $45.1B | $43.1B | $47B | $49.9B | $53.1B | $55.2B | $58.1B | $56.7B | $57.3B | |
| Liabilities | |||||||||||||
| Accounts payable | $31.5B | $34.3B | $32.1B | $31.8B | $30.4B | $31.3B | $32.8B | $34.7B | $36.9B | $39B | $37.8B | $38.3B | |
| Accrued expenses | $2.74B | $2.84B | $3.03B | $3.45B | $3.37B | $3.38B | $3.31B | $3.63B | $3.36B | $3.16B | $3.01B | $3.54B | |
| Short-term debt | $788M | $1.19B | $1.19B | $551M | $940M | $544M | $543M | $714M | $52M | $680M | $671M | $1.84B | |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$164M | $0 | $477M | $477M | $0 | |
| Current liabilities | $35.1B | $38.3B | $36.3B | $35.6B | $34.7B | $35.2B | $36.7B | $38.9B | $40.3B | $43.3B | $42B | $43.9B | |
| Long-term debt | $3.89B | $3.54B | $4.67B | $4.58B | $4.22B | $7.06B | $7.14B | $7.82B | $8.98B | $8.35B | $8.25B | $6.86B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $475M | $0 | $0 | $0 | $811M | $0 | $0 | $0 | $1B | |
| Deferred tax liabilities | $8.25B | $7.19B | $937M | $3.09B | $6.41B | $6.64B | $7.02B | $2.43B | $8.71B | $8.14B | $9.13B | $2.31B | |
| Other non-current liabilities | $0 | $1.01B | $7.23B | $4.55B | $1.02B | $998M | $954M | $5.8B | $148M | $980M | $160M | $5.95B | |
| Non-current liabilities | $12.1B | $11.7B | $12.8B | $12.7B | $11.7B | $14.7B | $15.1B | $16.9B | $17.8B | $17.5B | $17.5B | $16.1B | |
| Total liabilities | $47.2B | $50B | $49.1B | $48.3B | $46.3B | $49.9B | $51.8B | $55.8B | $58B | $60.8B | $59.4B | $60B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $2.73B | $2.86B | $2.89B | $2.92B | $2.83B | $2.93B | $2.95B | $2.96B | $2.75B | $2.85B | $2.82B | $2.89B | |
| Retained earnings | -$654M | -$425M | -$289M | -$286M | $14M | $283M | $664M | $783M | $1.12B | $1.46B | $1.73B | $2.01B | |
| Accumulated other comprehensive income | -$165M | -$155M | -$160M | -$167M | -$155M | -$180M | -$176M | -$155M | -$159M | -$153M | -$161M | -$165M | |
| Shareholders' equity | -$3.49B | -$3.45B | -$3.27B | -$3.21B | -$3.28B | -$2.99B | -$2.95B | -$2.78B | -$2.88B | -$2.88B | -$2.83B | -$2.88B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $4.68B | $4.72B | $5.85B | $5.61B | $5.16B | $7.61B | $7.68B | $9.35B | $9.03B | $9.03B | $8.92B | $9.95B | |
| Net debt (debt - cash) | $824M | $132M | $2.14B | $476M | $2.3B | $3.8B | $4.35B | $5.47B | $4.44B | $6.25B | $4.98B | $5.09B | |
| Balance sheet | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $6.88B | $1.76B | $2.53B | $2.77B | $3.41B | $4.72B | $4.08B | $5.13B | $3.87B | $4.86B | |
| Receivables | $8.05B | $7.8B | $8.45B | $8.26B | $9.1B | $10.6B | $11.1B | $12.1B | $13.2B | $13.8B | |
| Inventory | $11.3B | $12.3B | $12.8B | $13.2B | $14.6B | $15.6B | $16.1B | $15B | $16.8B | $17.3B | |
| Other current assets | $0 | $756M | $0 | $0 | $1.1B | $36M | $72M | $2.71B | $2.43B | $21M | |
| Current assets | $28.3B | $24.6B | $25.7B | $25.9B | $31B | $32.9B | $33.7B | $34.9B | $36.4B | $38.8B | |
| Property, plant & equipment (net) | $1.88B | $2.49B | $2.36B | $2.37B | $2.36B | $2.36B | $2.46B | $2.53B | $2.86B | $4.02B | |
| Long-term investments | $0 | $0 | $0 | $0 | $68M | $77M | $56M | $43M | $14M | $0 | |
| Goodwill | $7.22B | $8.32B | $8.38B | $8.36B | $7.99B | $5.86B | $4.61B | $4.73B | $9.69B | $11.4B | |
| Intangible assets | $1.99B | $3.91B | $3.43B | $2.92B | $2.11B | $1.77B | $1.47B | $1.73B | $2.49B | $2.19B | |
| Other non-current assets | $681M | $682M | $1.05B | $1.19B | $883M | $876M | $1.01B | $1.22B | $1.7B | $893M | |
| Non-current assets | $11.8B | $15.4B | $15.2B | $14.8B | $13.4B | $10.9B | $9.61B | $10.2B | $16.7B | $18.5B | |
| Total assets | $40.1B | $40B | $41B | $40.8B | $44.5B | $43.9B | $43.3B | $45.1B | $53.1B | $57.3B | |
| Liabilities | |||||||||||
| Accounts payable | $17.9B | $19.7B | $21.5B | $21.4B | $23.7B | $27.1B | $29.9B | $31.8B | $34.7B | $38.3B | |
| Accrued expenses | $1.99B | $2B | $2.12B | $2.23B | $2.96B | $2.84B | $2.97B | $3.45B | $3.63B | $3.54B | |
| Short-term debt | $1.33B | $1B | $452M | $10M | $976M | $682M | $892M | $551M | $714M | $1.84B | |
| Other current liabilities | $0 | $213M | $0 | $0 | $96M | $0 | $42M | $0 | -$164M | $0 | |
| Current liabilities | $21.2B | $22.9B | $24.1B | $23.6B | $27.6B | $30.6B | $33.7B | $35.6B | $38.9B | $43.9B | |
| Long-term debt | $9.07B | $8.01B | $7.58B | $6.77B | $5.32B | $4.69B | $3.85B | $4.58B | $7.82B | $6.86B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $0 | $419M | $437M | $434M | $475M | $811M | $1B | |
| Deferred tax liabilities | $2.88B | $2.98B | $2.95B | $8.59B | $8.32B | $3.02B | $3.14B | $3.09B | $2.43B | $2.31B | |
| Other non-current liabilities | $118M | $12M | $0 | $0 | $981M | $5.89B | $5.14B | $4.55B | $5.8B | $5.95B | |
| Non-current liabilities | $12.1B | $11B | $10.5B | $15.4B | $15B | $14B | $12.6B | $12.7B | $16.9B | $16.1B | |
| Total liabilities | $33.3B | $33.9B | $34.6B | $39B | $42.7B | $44.6B | $46.3B | $48.3B | $55.8B | $60B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $2.7B | $2.73B | $2.76B | $2.79B | $2.81B | $2.81B | $2.75B | $2.92B | $2.96B | $2.89B | |
| Retained earnings | $4.97B | $4.65B | $5.43B | $1.17B | $1.21B | -$280M | -$642M | -$286M | $783M | $2.01B | |
| Accumulated other comprehensive income | -$125M | -$92M | -$79M | -$104M | -$34M | -$114M | -$151M | -$167M | -$155M | -$165M | |
| Shareholders' equity | $6.81B | $6.06B | $6.33B | $1.79B | $1.79B | -$709M | -$2.96B | -$3.21B | -$2.78B | -$2.88B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $10.4B | $9.01B | $8.03B | $6.78B | $6.72B | $5.81B | $5.18B | $5.61B | $9.35B | $9.95B | |
| Net debt (debt - cash) | $3.52B | $7.25B | $5.5B | $4B | $3.31B | $1.09B | $1.1B | $476M | $5.47B | $5.09B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-K 2026-06-30, 10-Q 2026-03-31, 10-Q 2025-12-31, 10-Q 2025-09-30, 10-K 2025-06-30, 10-Q 2025-03-31, 10-Q 2024-12-31, 10-Q 2024-09-30, 10-K 2024-06-30
Data as of 2026-11-02