Cardinal Income Before Tax from 2010 to 2025

CAH Stock  USD 126.27  0.76  0.60%   
Cardinal Health's Income Before Tax is decreasing with stable movements from year to year. Income Before Tax is predicted to flatten to about 883.2 M. For the period between 2010 and 2025, Cardinal Health, Income Before Tax quarterly trend regression had median of  1,201,000,000 and r-value of (0.20). View All Fundamentals
 
Income Before Tax  
First Reported
1989-06-30
Previous Quarter
391 M
Current Value
541 M
Quarterly Volatility
552.1 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cardinal Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cardinal Health's main balance sheet or income statement drivers, such as Depreciation And Amortization of 857.3 M, Interest Expense of 73.2 M or Selling General Administrative of 6 B, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.0038 or PTB Ratio of 2.08. Cardinal financial statements analysis is a perfect complement when working with Cardinal Health Valuation or Volatility modules.
  
Check out the analysis of Cardinal Health Correlation against competitors.
For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.

Latest Cardinal Health's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Cardinal Health over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Cardinal Health income statement and is an important metric when analyzing Cardinal Health profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Cardinal Health's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cardinal Health's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

Cardinal Income Before Tax Regression Statistics

Arithmetic Mean748,087,452
Coefficient Of Variation199.11
Mean Deviation1,035,815,589
Median1,201,000,000
Standard Deviation1,489,526,640
Sample Variance2218689.6T
Range6B
R-Value(0.20)
Mean Square Error2284329.2T
R-Squared0.04
Significance0.46
Slope(61,828,399)
Total Sum of Squares33280344.2T

Cardinal Income Before Tax History

2025883.2 M
20241.4 B
20231.2 B
2022638 M
2021-769 M
2020323 M
2019-3.8 B

About Cardinal Health Financial Statements

Investors use fundamental indicators, such as Cardinal Health's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Cardinal Health's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Before Tax1.4 B883.2 M

Currently Active Assets on Macroaxis

When determining whether Cardinal Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cardinal Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cardinal Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cardinal Health Stock:
Check out the analysis of Cardinal Health Correlation against competitors.
For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cardinal Health. If investors know Cardinal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cardinal Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
48.135
Dividend Share
2.012
Earnings Share
5.2
Revenue Per Share
921.782
Quarterly Revenue Growth
(0.04)
The market value of Cardinal Health is measured differently than its book value, which is the value of Cardinal that is recorded on the company's balance sheet. Investors also form their own opinion of Cardinal Health's value that differs from its market value or its book value, called intrinsic value, which is Cardinal Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cardinal Health's market value can be influenced by many factors that don't directly affect Cardinal Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cardinal Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardinal Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardinal Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.