Cardinal Health Inc. CAH

What this company does

Cardinal Health provides medical products and pharmaceuticals to hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices and patients in the home. Its Cardinal Health brand products are sold directly or through third-party distributors in the United States, Canada, Europe, Asia and other markets. As of June 30, 2026 it had approximately 63,900 employees globally, of which approximately 18,100 are based outside the United States. Its largest customer, CVS Health, accounted for 28 percent of fiscal 2026 revenue. Taken together, the five largest customers, CVS Health among them, accounted for 43 percent of that year's revenue. Sales to members of the two group purchasing organizations with which it holds its principal GPO relationships accounted for 29 percent of revenue in fiscal 2026. In fiscal 2026, products obtained from its five largest suppliers generated an aggregate of 39 percent of revenue, and its largest supplier's products accounted for approximately 13 percent. Red Oak Sourcing, LLC, a generic pharmaceutical sourcing venture with CVS Health, negotiates generic pharmaceutical supply contracts on behalf of both companies.

Written from the business description in Cardinal Health, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 11 August 2026. Every sentence was checked against that document before publication.