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Benzinga
Benzinga
Business
Benzinga Insights

Cardinal Health's Return on Invested Capital Insights

According to Benzinga Pro data Cardinal Health (NYSE:CAH) posted a 81.99% decrease in earnings from Q1. Sales, however, increased by 3.39% over the previous quarter to $45.46 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest Cardinal Health is not utilizing their capital as effectively as possible. In Q1, Cardinal Health earned $272.00 million and total sales reached $43.97 billion.

Why Is ROIC Significant?

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