Cardinal Health Gross Margin 2010-2024 | CAH
- Cardinal Health average gross margin for 2023 was 3.34%, a 4.84% increase from 2022.
- Cardinal Health average gross margin for 2022 was 3.51%, a 14.39% decline from 2021.
- Cardinal Health average gross margin for 2021 was 4.1%, a 8.48% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.