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21. Cardinal Health
Cardinal Health
Financials: Latest Results
Rank: 21 (Previous rank: 19)
CEO: George S. Barrett
Was this company a 2011 top stock?

Despite its slim operating margins, which are endemic to the drug distribution industry, Ohio-based Cardinal Health pulled off an impressive 2011, with net revenues and income up from the previous year. Cardinal also made progress toward expanding the number of independent retail pharmacies it works with by acquiring drug distributor Kinray for $1.3 billion, a move it announced in November 2010.

The company made further inroads into the fast-growing Chinese pharmaceuticals market, with the purchase of drug distributor Yong Yu in 2010 for $470 million and the opening of a logistics center in Shanghai in 2011.

This year, Cardinal Health has come under fire amid allegations by the Drug Enforcement Administration that the drug distributor has not done enough to prevent the abuse of prescription painkillers like oxycodone. In February, the DEA suspended Cardinal's license to distribute controlled medicines out of its Lakeland, Fla., hub. Cardinal disputes the agency's claims.

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Key financials $ millions % change
from 2010
Revenues 102,644.2 4.1
Profits 959.0 49.3
Assets 22,845.9
Stockholders' equity 5,848.6
Market value (3/29/2012) 14,899.0
Profits as % of  
Revenues 0.9
Assets 4.2
Stockholders' equity 16.4
Earnings per share  
2011 $ 2.72
% change from 2010 53.7
2001-2011 annual growth rate % 3.8
Total return to investors %
2011 8.1
2001-2011 annual rate -0.5
Rank Company 500
($ millions)
1 McKesson 14 112,084.0
2 Cardinal Health 21 102,644.2
3 AmerisourceBergen 29 80,217.6
4 Owens & Minor 298 8,627.9
5 Henry Schein 303 8,530.2
Issue date: May 21, 2012
Figures are for fiscal year ended June 30, 2011.
Galleries and more
Cardinal Health
7000 Cardinal Place
Dublin, OH 43017
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Fortune 500+
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Rank # of Fortune 500 Companies
California 53
Texas 52
New York 50
Company Rank
Google 73
NetApp 474
NuStar Energy 377
Company 2011 $ (millions)
Exxon $41,060.0
Chevron $26,895.0
Apple $25,922.0
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
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