Cardinal Health Inc

CAH: XNYS (USA)

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Cardinal's Growth Engine Fires Across the Portfolio From Utilization Strength and New Acquisitions

Keonhee Kim

Feb 5, 2026

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 closest competitors are Cencora and McKesson, and together they operate as a pharmaceutical wholesale and distribution oligopoly, supplying over 90% of the US market.

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Cardinal Health Inc

Cardinal's Growth Engine Fires Across the Portfolio From Utilization Strength and New Acquisitions

Business Strategy and Outlook

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