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Cardinal Health (BSP:C1AH34) Tax Rate % : 22.92% (As of Sep. 2024)


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What is Cardinal Health Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cardinal Health's Tax Expense for the three months ended in Sep. 2024 was R$687 Mil. Cardinal Health's Pre-Tax Income for the three months ended in Sep. 2024 was R$2,996 Mil. Therefore, Cardinal Health's Tax Rate % for the quarter that ended in Sep. 2024 was 22.92%.

Cardinal Health Tax Rate % Historical Data

The historical data trend for Cardinal Health's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cardinal Health Tax Rate % Chart

Cardinal Health Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.09 -89.47 -19.52 50.08 28.98

Cardinal Health Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.00 27.76 24.05 40.91 22.92

Cardinal Health Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Cardinal Health's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2024 )/Pre-Tax Income (A: Jun. 2024 )
=1874.363/6468.706
=28.98 %

Cardinal Health's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=686.687/2995.95
=22.92 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cardinal Health Tax Rate % Related Terms

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Cardinal Health Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Cardinal Health Inc (BSP:C1AH34) » Definitions » Tax Rate %
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Address
7000 Cardinal Place, Dublin, OH, USA, 43017
Website
https://www.cardinalhealth.com
Cardinal Health is one of three leading pharmaceutical wholesalers in the us, engaged in sourcing and distributing of branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospital networks, and healthcare providers. Cardinal, Cencora, and McKesson hold well over 90% of the us pharmaceutical wholesale industry. Cardinal Health also supplies medical-surgical products and equipment to healthcare facilities in North America, Europe, and Asia.

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