Cardinal Health (FRA:CLH) 3-Year Share Buyback Ratio : 5.70% (As of Mar. 2025)

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What is Cardinal Health 3-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Cardinal Health's current 3-Year Share Buyback Ratio was 5.70%.

The historical rank and industry rank for Cardinal Health's 3-Year Share Buyback Ratio or its related term are showing as below:

FRA:CLH' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -38.9 Med: 1.3 Max: 5.7
Current: 5.7

During the past 13 years, Cardinal Health's highest 3-Year Share Buyback Ratio was 5.70%. The lowest was -38.90%. And the median was 1.30%.

FRA:CLH's 3-Year Share Buyback Ratio is ranked better than
93.75% of 64 companies
in the Medical Distribution industry
Industry Median: -0.65 vs FRA:CLH: 5.70

Competitive Comparison of Cardinal Health's 3-Year Share Buyback Ratio

For the Medical Distribution subindustry, Cardinal Health's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cardinal Health's 3-Year Share Buyback Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Cardinal Health's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Cardinal Health's 3-Year Share Buyback Ratio falls into.

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Cardinal Health 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Cardinal Health (FRA:CLH) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Cardinal Health 3-Year Share Buyback Ratio Related Terms

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Cardinal Health Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Cardinal Health Inc (FRA:CLH) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

CAH:USA CAH:Mexico 0HTG:UK C1AH34:Brazil CAH:Argentina

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.