Cardinal Health Inc

CAH: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Cardinal's Growth Momentum Looks Strong From Prescription Trends, Specialty Investments, and GLP-1s

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, Cardinal 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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