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  • Previous Rank84
  • Revenues ($M)$102,531
  • Revenue Percent Change12.6%
  • Profits ($M)$1,215
  • Profits Percent Change4.2%
  • Assets ($M)$30,142
  • Employees34,500

Cardinal Health, a drug wholesaler that also makes gloves and surgical apparel, has been shoring up its future earnings through a series of strategic acquisitions, development of its alternate care business, and promotion of its specialty drug assets. The company has spent $5.7 billion on acquisitions since 2011, including paying $1.94 billion for Johnson & Johnson’s Cordis heart-product business. The deal closed ahead of schedule in late 2015. Along with the Cordis integration and a recent deal with Henry Shein, Cardinal Health will also be focused on its Red Oak venture over the next year. The 10-year split generics buying operation with CVS is a strong earnings booster. The partnerships and purchases are a way for Cardinal Health to snag a greater share of the medical products sold to hospitals, physicians, and ambulatory centers.

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Company Information

CEO
George S. Barrett
Sector
Wholesalers
Industry
Wholesalers: Health Care
HQ Location
Dublin, OH
Employees34,500
Websitehttp://www.cardinalhealth.com
Years on Global 500 List19
Figures are for fiscal year ended June 30, 2015.

Cardinal Health Rank History

Key Financials (last fiscal year)

($ Millions)% change
Revenues ($M)$102,53112.6%
Profits ($M)$1,2154.2%
Assets ($M)$30,142-
Total Stockholder Equity ($M)$6,256-

Profit Ratios

Profit as % of Revenues1.2%
Profits as % of Assets4%
Profits as % of Stockholder Equity19.4%