Cardinal Health Inc

CAH: XNYS (USA)

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New Customers, Solid Prescription Trend, and Growing Specialties Support Cardinal's Long-Term Growth

Keonhee Kim

Aug 12, 2025

Business Strategy and Outlook

Cardinal Health is one of three leading domestic wholesalers of branded, generic, and specialty pharmaceutical products. With over $200 billion in annual US drug distribution sales in fiscal 2025, the firm supplies roughly one fourth of the overall market. Its two close competitors are Cencora and McKesson, and together, the three operate as a pharmaceutical wholesale and distribution oligopoly, supplying over 90% of the US market.

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How we make money

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

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Develop and improve features of our offerings.
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To learn more about how we handle and protect your data, visit our privacy center.

How we approach editorial content

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.

United States

Cardinal Health Inc

New Customers, Solid Prescription Trend, and Growing Specialties Support Cardinal's Long-Term Growth

Business Strategy and Outlook

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