15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 11.1% per year over the past 5 years.
Operating margin has expanded, at 0.8% in the latest year.
Free cash flow has grown 11.8% per year over the past 5 years.
Financial health
Total debt ($7.7B) exceeds cash ($4.4B); net debt is $3.3B.
Total debt has grown in line with revenue (13.2% vs 11.1% per year).
Total debt is 2.1× EBITDA.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 28.1% of earnings and 13.6% of free cash flow.
The dividend has grown 4.9% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$321.3B
$1.6B
3.6%
0.8%
$3.2B
$7.7B
$4.4B
2024
$294.0B
$1.5B
3.4%
0.7%
$3.0B
$4.4B
$3.1B
2023
$262.2B
$1.7B
3.4%
0.9%
$3.5B
$4.8B
$2.6B
2022
$238.6B
$1.7B
3.5%
1.0%
$2.2B
$5.7B
$3.4B
2021
$214.0B
$1.5B
3.2%
1.1%
$2.2B
$6.7B
$2.5B
2020
$189.9B
-$3.4B
2.7%
-2.7%
$1.8B
$4.1B
$4.6B
2019
$179.6B
$855M
2.9%
0.6%
$2.0B
$4.2B
$3.4B
2018
$167.9B
$1.7B
2.7%
0.9%
$1.1B
$177M
$2.5B
2017
$153.1B
$364M
3.0%
0.7%
$1.0B
$3.4B
$2.4B
2016
$146.8B
$1.4B
2.9%
1.0%
$2.7B
$4.2B
$2.7B
2015
$136.0B
-$138M
2.6%
0.3%
$3.7B
$3.5B
$2.2B
2014
$119.6B
$274M
2.5%
0.7%
$1.2B
$2.0B
$1.8B
2013
$88.0B
$434M
2.9%
1.0%
$586M
$1.4B
$1.2B
2012
$78.1B
$719M
3.4%
1.7%
$1.2B
$1.4B
$1.1B
2011
$78.7B
$707M
3.1%
1.5%
$1.0B
$1.3B
$1.8B
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$78.4B
$1.6B
4.6%
1.5%
$1.2B
$12.4B
$2.2B
Dec '25
$85.9B
$560M
3.6%
0.9%
-$2.4B
$7.9B
$1.8B
Sep '25
$83.7B
-$340M
3.5%
0.0%
$2.9B
$7.7B
$4.4B
Jun '25
$80.7B
$687M
3.6%
1.1%
-$74M
$8.2B
$2.2B
Mar '25
$75.5B
$718M
4.1%
1.4%
$3.2B
$7.9B
$2.0B
Dec '24
$81.5B
$489M
3.1%
0.9%
-$2.8B
$8.1B
$3.2B
Sep '24
$79.1B
$3M
3.2%
0.2%
$818M
$4.4B
$3.1B
Jun '24
$74.2B
$483M
3.2%
0.9%
$2.4B
$4.7B
$3.3B
Mar '24
$68.4B
$421M
3.7%
0.8%
-$991M
$5.2B
$2.1B
Dec '23
$72.3B
$602M
3.4%
1.1%
$811M
$4.8B
$2.9B
Sep '23
$68.9B
$351M
3.3%
0.7%
$1.7B
$4.8B
$2.6B
Jun '23
$66.9B
$480M
3.4%
1.0%
$641M
$5.0B
$1.4B
Mar '23
$63.5B
$435M
3.6%
0.9%
$527M
$4.9B
$1.5B
Dec '22
$62.8B
$480M
3.4%
1.0%
$634M
$5.6B
$1.7B
Sep '22
$61.2B
$295M
3.2%
0.7%
$991M
$5.7B
$3.4B
Jun '22
$60.1B
$407M
3.4%
0.8%
$295M
$6.1B
$3.0B
Mar '22
$57.7B
$548M
3.9%
1.4%
$137M
$6.5B
$3.0B
Dec '21
$59.6B
$449M
3.5%
1.1%
$784M
$6.7B
$3.2B
Sep '21
$58.9B
$438M
3.5%
1.0%
$845M
$6.7B
$2.5B
Jun '21
$53.4B
$292M
3.5%
1.2%
$1.1B
$7.1B
$2.6B
Valuation over time
How the market has priced COR against its own fundamentals since 2023-08 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 20.2× (Aug '23) to 35.9× (Jun '26).
The price-to-sales ratio has risen from 0.1× (Aug '23) to 0.2× (Jun '26).
The dividend yield has fallen from 1.1% (Aug '23) to 0.8% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is COR growing its revenue and profit?
Over the past 5 years, Cencora's revenue has grown 11.1% per year. These are computed facts, not advice.
How much debt does COR have?
As of FY2025, Cencora reported $7.7B of total debt against $4.4B of cash.
What is COR's profit margin?
In FY2025, gross margin was 3.6%, operating margin 0.8%, and net margin 0.5%.
What is COR's P/E ratio?
As of Jun '26, Cencora traded at a price-to-earnings ratio of about 35.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.