Cardinal Health annual free cash flow
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2026
Cardinal Health Free Cash Flow (FCF) History (CAH)
Cardinal Health reported $4.53B in free cash flow for fiscal 2026, an increase of 144.59% from the previous fiscal year, with a free cash flow margin of 1.78%.
View full Cardinal Health company overviewCardinal Health free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2026 | 2026-06-30 | $4.53B | $2.67B | +144.59% | +1.78% |
| 2025 | 2025-06-30 | $1.85B | −$1.40B | −43.09% | +0.83% |
| 2024 | 2024-06-30 | $3.25B | $888.0M | +37.58% | +1.43% |
| 2023 | 2023-06-30 | $2.36B | −$425.0M | −15.24% | +1.15% |
| 2022 | 2022-06-30 | $2.79B | $759.0M | +37.41% | +1.54% |
| 2021 | 2021-06-30 | $2.03B | $444.0M | +28.01% | +1.25% |
| 2020 | 2020-06-30 | $1.58B | −$809.0M | −33.79% | +1.04% |
| 2019 | 2019-06-30 | $2.39B | $10.0M | +0.42% | +1.64% |
| 2018 | 2018-06-30 | $2.38B | $1.59B | +199.12% | +1.74% |
| 2017 | 2017-06-30 | $797.0M | −$1.71B | −68.20% | +0.61% |
| 2016 | 2016-06-30 | $2.51B | $266.0M | +11.88% | +2.06% |
| 2015 | 2015-06-30 | $2.24B | −$35.0M | −1.54% | +2.18% |
| 2014 | 2014-06-30 | $2.27B | $743.0M | +48.50% | +2.50% |
| 2013 | 2013-06-30 | $1.53B | $616.0M | +67.25% | +1.52% |
| 2012 | 2012-06-30 | $916.0M | −$188.0M | −17.03% | +0.85% |
| 2011 | 2011-06-30 | $1.10B | −$770.0M | −41.09% | +1.08% |
| 2010 | 2010-06-30 | $1.87B | $871.3M | +86.90% | +1.90% |
| 2009 | 2009-06-30 | $1.00B | — | — | +1.04% |
Cardinal Health quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2025-12-31 | $555.0M | $1.05B | — | +0.85% |
| Q1 2026 | 2025-09-30 | $865.0M | $2.60B | — | +1.35% |
| Q4 2025 | 2025-06-30 | $1.29B | −$594.0M | −31.45% | +2.15% |
| Q3 2025 | 2025-03-31 | $2.79B | $2.93B | — | +5.08% |
| Q2 2025 | 2024-12-31 | −$495.0M | −$1.56B | — | −0.90% |
| Q1 2025 | 2024-09-30 | −$1.74B | −$2.17B | — | −3.32% |
| Q4 2024 | 2024-06-30 | $1.89B | $1.24B | +192.41% | +3.16% |
| Q3 2024 | 2024-03-31 | −$139.0M | −$1.39B | — | −0.25% |
| Q2 2024 | 2023-12-31 | $1.06B | $553.0M | +108.01% | +1.85% |
| Q1 2024 | 2023-09-30 | $436.0M | $483.0M | — | +0.80% |
| Q4 2023 | 2023-06-30 | $646.0M | −$2.23B | −77.58% | +1.21% |
| Q3 2023 | 2023-03-31 | $1.25B | $1.75B | — | +2.48% |
| Q2 2023 | 2022-12-31 | $512.0M | −$609.0M | −54.33% | +0.99% |
| Q1 2023 | 2022-09-30 | −$47.0M | $666.0M | — | −0.09% |
| Q4 2022 | 2022-06-30 | $2.88B | $2.34B | +434.51% | +6.12% |
| Q3 2022 | 2022-03-31 | −$501.0M | −$678.0M | — | −1.12% |
| Q2 2022 | 2021-12-31 | $1.12B | $0 | 0.00% | +2.47% |
| Q1 2022 | 2021-09-30 | −$713.0M | −$905.0M | — | −1.62% |
| Q4 2021 | 2021-06-30 | $539.0M | $435.0M | +418.27% | +1.27% |
| Q3 2021 | 2021-03-31 | $177.0M | −$1.41B | −88.84% | +0.45% |
| Q2 2021 | 2020-12-31 | $1.12B | $501.0M | +80.81% | +2.70% |
| Q1 2021 | 2020-09-30 | $192.0M | $917.0M | — | +0.49% |
| Q4 2020 | 2020-06-30 | $104.0M | −$266.0M | −71.89% | +0.28% |
| Q3 2020 | 2020-03-31 | $1.59B | $182.0M | +12.96% | +4.05% |
| Q2 2020 | 2019-12-31 | $620.0M | $307.0M | +98.08% | +1.56% |
| Q1 2020 | 2019-09-30 | −$725.0M | −$1.03B | — | −1.94% |
| Q4 2019 | 2019-06-30 | $370.0M | −$46.0M | −11.06% | +0.99% |
| Q3 2019 | 2019-03-31 | $1.40B | $728.0M | +107.69% | +3.99% |
| Q2 2019 | 2018-12-31 | $313.0M | $135.0M | +75.84% | +0.83% |
| Q1 2019 | 2018-09-30 | $307.0M | −$807.0M | −72.44% | +0.87% |
| Q4 2018 | 2018-06-30 | $416.0M | −$214.0M | −33.97% | +1.18% |
| Q3 2018 | 2018-03-31 | $676.0M | $954.0M | — | +2.01% |
| Q2 2018 | 2017-12-31 | $178.0M | −$263.0M | −59.64% | +0.51% |
| Q1 2018 | 2017-09-30 | $1.11B | $1.11B | +27750.00% | +3.41% |
| Q4 2017 | 2017-06-30 | $630.0M | $170.0M | +36.96% | +1.91% |
| Q3 2017 | 2017-03-31 | −$278.0M | −$1.09B | — | −0.87% |
| Q2 2017 | 2016-12-31 | $441.0M | −$930.0M | −67.83% | +1.33% |
| Q1 2017 | 2016-09-30 | $4.0M | $139.0M | — | +0.01% |
| Q4 2016 | 2016-06-30 | $460.0M | −$247.0M | −34.94% | +1.47% |
| Q3 2016 | 2016-03-31 | $810.0M | $208.0M | +34.55% | +2.64% |
| Q2 2016 | 2015-12-31 | $1.37B | $465.0M | +51.32% | +4.36% |
| Q1 2016 | 2015-09-30 | −$135.0M | −$160.0M | — | −0.48% |
| Q4 2015 | 2015-06-30 | $707.0M | $102.0M | +16.86% | +2.57% |
| Q3 2015 | 2015-03-31 | $602.0M | −$170.0M | −22.02% | +2.37% |
| Q2 2015 | 2014-12-31 | $906.0M | $933.0M | — | +3.55% |
| Q1 2015 | 2014-09-30 | $25.0M | −$900.0M | −97.30% | +0.10% |
| Q4 2014 | 2014-06-30 | $605.0M | $397.0M | +190.87% | +2.64% |
| Q3 2014 | 2014-03-31 | $772.0M | −$176.0M | −18.57% | +3.60% |
| Q2 2014 | 2013-12-31 | −$27.0M | $139.0M | — | −0.12% |
| Q1 2014 | 2013-09-30 | $925.0M | $383.0M | +70.66% | +3.77% |
| Q4 2013 | 2013-06-30 | $208.0M | $417.0M | — | +0.82% |
| Q3 2013 | 2013-03-31 | $948.0M | $112.0M | +13.40% | +3.86% |
| Q2 2013 | 2012-12-31 | −$166.0M | $4.0M | — | −0.66% |
| Q1 2013 | 2012-09-30 | $542.0M | $83.0M | +18.08% | +2.09% |
| Q4 2012 | 2012-06-30 | −$209.0M | −$221.3M | — | −0.78% |
| Q3 2012 | 2012-03-31 | $836.0M | −$18.2M | −2.13% | +3.11% |
| Q2 2012 | 2011-12-31 | −$170.0M | −$252.4M | — | −0.63% |
| Q1 2012 | 2011-09-30 | $459.0M | $303.9M | +195.94% | +1.71% |
| Q4 2011 | 2011-06-30 | $12.3M | −$193.6M | −94.03% | +0.05% |
| Q3 2011 | 2011-03-31 | $854.2M | $36.8M | +4.50% | +3.28% |
| Q2 2011 | 2010-12-31 | $82.4M | −$399.3M | −82.89% | +0.32% |
| Q1 2011 | 2010-09-30 | $155.1M | −$213.9M | −57.97% | +0.63% |
| Q4 2010 | 2010-06-30 | $205.9M | −$159.5M | −43.65% | +0.84% |
| Q3 2010 | 2010-03-31 | $817.4M | $260.8M | +46.86% | +3.36% |
| Q2 2010 | 2009-12-31 | $481.7M | $188.4M | +64.23% | +1.93% |
| Q1 2010 | 2009-09-30 | $369.0M | $581.6M | — | +1.49% |
| Q4 2009 | 2009-06-30 | $365.4M | — | — | +1.50% |
| Q3 2009 | 2009-03-31 | $556.6M | — | — | +2.31% |
| Q2 2009 | 2008-12-31 | $293.3M | — | — | +1.22% |
| Q1 2009 | 2008-09-30 | −$212.6M | — | — | −0.91% |
Cardinal Health free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $2.03B to $4.53B, a compound annual growth rate of 17.40%. Cardinal Health's latest reported quarter, Q2 2026, generated $555.0M in free cash flow, an increase of $1.05B year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Cardinal Health filings at SEC.gov ↗