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  • Previous Rank50
  • Revenues ($M)$121,546
  • Revenue Percent Change18.5%
  • Profits ($M)$1,427
  • Profits Percent Change17.4%
  • Assets ($M)$34,122
  • Employees37,300

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. In late 2015 the company acquired Cordis, naviHealth, and Harvard Drug; it spent much of 2016 integrating them, with a 19% increase in annual revenue to show for it. The company’s pharmaceutical segment endured ongoing profit pressures for generics and the loss of a major customer but lessened the blows with new drug launches and sales growth; its medical segment grew because of acquisitions. 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. The company was founded in 1979 and is headquartered in Dublin, Ohio.

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Company Information

CEO
George S. Barrett
Sector
Wholesalers
Industry
Wholesalers: Health Care
HQ Location
Dublin, OH
Websitehttp://www.cardinalhealth.com
Years on Global 500 List20
Employees37,300
Figures are for fiscal year ended June 30, 2016.

Cardinal Health Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$121,54618.5%
Profits ($M)$1,42717.4%
Assets ($M)$34,122-
Total Stockholder Equity ($M)$6,554-

Profit Ratios

Profit as % of Revenues1.2%
Profits as % of Assets4.2%
Profits as % of Stockholder Equity21.8%