Cardinal Health Quarterly Cash Flow Statement
NYSE: CAHHealthcareMedical DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Cardinal Health free cash flow
In the quarter ended Dec 31, 2025, Cardinal Health generated $686.0 million of operating cash flow and spent $131.0 million on capital expenditures. That left free cash flow of $555.0 million, a free-cash-flow margin of 0.8% of revenue. Cardinal Health returned $505.0 million to shareholders: $122.0 million in dividends and $383.0 million in share repurchases, equal to 91% of free cash flow.
Free cash flow covered dividend payments 4.5 times.
Summary generated from market data by MetaCap's automated system. Methodology
Cardinal Health cash flow statement (quarterly)
| Quarter (USD) | Q2 20262025-12-31 | Q1 20262025-09-30 | Q4 20252025-06-30 | Q3 20252025-03-31 | Q2 20252024-12-31 | Q1 20252024-09-30 | Q4 20242024-06-30 | Q3 20242024-03-31 | Q2 20242023-12-31 | Q1 20242023-09-30 | Q4 20232023-06-30 | Q3 20232023-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 471.00M | 454.00M | 243.00M | 508.00M | 401.00M | 417.00M | 233.00M | 262.00M | 369.00M | -11.00M | 3.00M | 367.00M |
| Net Income growth (YoY) | +17.46% | +8.87% | +4.29% | +93.89% | +8.67% | — | +7666.67% | -28.61% | — | -111.11% | -97.73% | — |
| Depreciation & Amortization | 234.00M | 233.00M | 209.00M | 207.00M | 192.00M | 182.00M | 186.00M | 177.00M | 175.00M | 172.00M | 176.00M | 175.00M |
| Stock-Based Compensation | 87.00M | 93.00M | 153.00M | 31.00M | 30.00M | 30.00M | 33.00M | 31.00M | 28.00M | 29.00M | 27.00M | 21.00M |
| Change in Working Capital | -173.00M | 872.00M | 705.00M | 2.07B | -906.00M | -1.78B | 1.31B | -787.00M | 677.00M | 747.00M | 503.00M | 559.00M |
| Operating Cash Flow | 686.00M | 973.00M | 1.53B | 2.91B | -396.00M | -1.65B | 2.08B | -27.00M | 1.18B | 528.00M | 863.00M | 1.36B |
| Capital Expenditures | -131.00M | -108.00M | -232.00M | -126.00M | -99.00M | -90.00M | -193.00M | -112.00M | -114.00M | -92.00M | -217.00M | -109.00M |
| Investing Cash Flow | -1.98B | -142.00M | -1.63B | -2.90B | -976.00M | -88.00M | 166.00M | -1.85B | -105.00M | -63.00M | -206.00M | -91.00M |
| Dividends Paid | -122.00M | -129.00M | -120.00M | -124.00M | -122.00M | -128.00M | -122.00M | -122.00M | -124.00M | -131.00M | -126.00M | -128.00M |
| Share Repurchases | -383.00M | -375.00M | 0 | -375.00M | -15.00M | -375.00M | 0 | 0 | -250.00M | -500.00M | -500.00M | -250.00M |
| Debt Issued | 0 | 1.00B | 0 | 0 | — | 0 | 0 | 1.14B | — | — | — | — |
| Debt Repaid | -12.00M | -512.00M | -11.00M | -11.00M | -414.00M | -9.00M | -760.00M | -8.00M | -8.00M | -7.00M | -8.00M | -558.00M |
| Financing Cash Flow | -519.00M | -110.00M | 656.00M | -503.00M | 2.33B | -540.00M | -859.00M | 1.03B | -353.00M | -666.00M | -592.00M | -934.00M |
| Net Change in Cash | -1.82B | 719.00M | 548.00M | -484.00M | 943.00M | -2.27B | 1.39B | -851.00M | 727.00M | -206.00M | 58.00M | 336.00M |
| Free Cash Flow | 555.00M | 865.00M | 1.29B | 2.79B | -495.00M | -1.74B | 1.89B | -139.00M | 1.06B | 436.00M | 646.00M | 1.25B |
This table shows 12 quarterly periods of Cardinal Health's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow CAH's reporting calendar. What is a cash flow statement?