Cencora
0HF3.L
$345.76 2.65%
Exchange: LSE | Sector: Healthcare | Industry: Medical Distribution
Q4 2024
Published: Nov 26, 2024

Earnings Highlights

  • Revenue of $79.05B up 14.7% year-over-year
  • EPS of $0.02 decreased by 98.9% from previous year
  • Gross margin of 3.2%
  • Net income of 3.38M
  • ""While our operational costs have increased, we believe these investments will bolster our market position in the long-term."" - CFO

Cencora (0HF3.L) Q4 2024 Financial Results Review: Navigating Challenges in a High Demand Landscape

Executive Summary

In Q4 2024, Cencora (0HF3.L) reported significant year-over-year revenue growth of 14.69%, reaching $79.05 billion, largely driven by increased demand in its healthcare solutions segments. However, profit margins declined sharply, with net income plummeting by 99.04% to just $3.38 million. This considerable drop in profitability is attributed to rising operational costs and strategic investments that have yet to yield measurable outputs. Despite challenges in maintaining profitability, the company remains well positioned due to its extensive distribution network and a growing portfolio of essential healthcare products, particularly as demand from healthcare systems continues to grow.

Key Performance Indicators

Revenue

79.05B
QoQ: 6.48% | YoY:14.69%

Gross Profit

2.49B
3.15% margin
QoQ: 19.45% | YoY:10.60%

Operating Income

126.64M
QoQ: -82.00% | YoY:-73.45%

Net Income

3.38M
QoQ: -99.30% | YoY:-99.04%

EPS

0.02
QoQ: -99.18% | YoY:-98.85%

Revenue Trend

Margin Analysis

Key Insights

  • **Revenue**: $79.05 billion (+14.69% YoY, +6.48% QoQ)
  • **Gross Profit**: $2.49 billion (+10.60% YoY, +19.45% QoQ)
  • **Operating Income**: $126.64 million (-73.45% YoY, -82.00% QoQ)
  • **Net Income**: $3.38 million (-99.04% YoY, -99.30% QoQ)
  • **EPS**: $0.02 (-98.85% YoY, -99.18% QoQ)

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 80,663.53 3.52 +8.7% View
Q2 2025 75,453.67 3.68 +10.3% View
Q1 2025 81,487.06 2.50 +12.8% View
Q4 2024 79,050.11 0.02 +14.7% View
Q3 2024 74,241.35 2.42 +7.7% View