Cencora
Cencora returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q3 | Jun 30, 2026 | 21.86% | 13.64% | 4.94% | 104.34% | 3.33% | 14.2 pp |
| FY 2026 Q2 | Mar 31, 2026 | 19.47% | 12.86% | 2.18% | 115.58% | 3.33% | 11.8 pp |
| FY 2026 Q1 | Dec 31, 2025 | 27.68% | 15.89% | 10.03% | 152.25% | 2.2% | 20 pp |
| FY 2025 Q4 | Sep 30, 2025 | 51.45% | 16.64% | 5.84% | 144.31% | 2.16% | 43.7 pp |
| FY 2025 Q3 | Jun 30, 2025 | 37.96% | 16.19% | 0.19% | 130.6% | 2.7% | 30.3 pp |
| FY 2025 Q2 | Mar 31, 2025 | 32.85% | 15.9% | -5.43% | 161.58% | 2.51% | 25.2 pp |
| FY 2025 Q1 | Dec 31, 2024 | 38.2% | 14.47% | -18.33% | 245.32% | 2.09% | 30.5 pp |
| FY 2024 Q4 | Sep 30, 2024 | 67.26% | 16.38% | — | 258.42% | 2.33% | 59.6 pp |
| FY 2024 Q3 | Jun 30, 2024 | 57.43% | 17.92% | — | 230.42% | 2.9% | 49.7 pp |
| FY 2024 Q2 | Mar 31, 2024 | 48.78% | 18.15% | 64.47% | 271.45% | 3.02% | 41.1 pp |
| FY 2024 Q1 | Dec 31, 2023 | 57.24% | 18.7% | — | 509.03% | 3.05% | 49.5 pp |
| FY 2023 Q4 | Sep 30, 2023 | 71.53% | 17.46% | 14.78% | 1,124.39% | 2.93% | 63.8 pp |
| FY 2023 Q3 | Jun 30, 2023 | 45.93% | 16.32% | -3.53% | 371.18% | 2.86% | 38.2 pp |
| FY 2023 Q2 | Mar 31, 2023 | 41% | 15.14% | — | 388.67% | 2.79% | 33.3 pp |
| FY 2023 Q1 | Dec 31, 2022 | 44.95% | 16.18% | — | 5,454.42% | 3% | 37.2 pp |
| FY 2022 Q4 | Sep 30, 2022 | 50.84% | 16.29% | — | 28,805.77% | 2.98% | 43.1 pp |
| FY 2022 Q3 | Jun 30, 2022 | 44.58% | 16.3% | — | 1,404.54% | 3.26% | 36.9 pp |
| FY 2022 Q2 | Mar 31, 2022 | — | 18.28% | — | 1,286.11% | 3.31% | — |
| FY 2022 Q1 | Dec 31, 2021 | — | 18.32% | — | — | 3.12% | — |
| FY 2021 Q4 | Sep 30, 2021 | 96.18% | 17.83% | — | — | 3.03% | 88.5 pp |
| FY 2021 Q3 | Jun 30, 2021 | — | -32.61% | — | -192.23% | -7.74% | — |
| FY 2021 Q2 | Mar 31, 2021 | — | -37.91% | — | -226.46% | -8.41% | — |
| FY 2021 Q1 | Dec 31, 2020 | — | -48.06% | — | -285.42% | -7.5% | — |
| FY 2020 Q4 | Sep 30, 2020 | — | -51.32% | — | -366.53% | -8.17% | — |
| FY 2020 Q3 | Jun 30, 2020 | — | 11.67% | — | 45.86% | 3.96% | — |
| FY 2020 Q2 | Mar 31, 2020 | — | 11.87% | — | 48.6% | 3.91% | — |
| FY 2020 Q1 | Dec 31, 2019 | — | 9.3% | — | 21.63% | 1.64% | — |
| FY 2019 Q4 | Sep 30, 2019 | 22.68% | 11.47% | — | 29.44% | 2.23% | 15 pp |
| FY 2019 Q3 | Jun 30, 2019 | — | 10.92% | — | 31.41% | 2.49% | — |
| FY 2019 Q2 | Mar 31, 2019 | — | 10.74% | — | 30.44% | 2.41% | — |
| FY 2019 Q1 | Dec 31, 2018 | 29.83% | 15.38% | — | 40.19% | 3.15% | 22.1 pp |
| FY 2018 Q4 | Sep 30, 2018 | — | 15.78% | — | 66.37% | 4.54% | — |
| FY 2018 Q3 | Jun 30, 2018 | — | 12.08% | — | 38.24% | 2.96% | — |
| FY 2018 Q2 | Mar 31, 2018 | — | 9.76% | — | 29.91% | 2.35% | — |
| FY 2018 Q1 | Dec 31, 2017 | — | 11.99% | — | 39.23% | 2.79% | — |
| FY 2017 Q4 | Sep 30, 2017 | 12.64% | 12.57% | — | 17.38% | 1.06% | 4.9 pp |
| FY 2017 Q3 | Jun 30, 2017 | 20.84% | 16.89% | -335.94% | 38.56% | 2.57% | 13.1 pp |
| FY 2017 Q2 | Mar 31, 2017 | 29.79% | 20.2% | — | 48.9% | 3.45% | 22.1 pp |
| FY 2017 Q1 | Dec 31, 2016 | 30.61% | 27.8% | — | 78.84% | 4.17% | 22.9 pp |
| FY 2016 Q4 | Sep 30, 2016 | — | 22.76% | — | 103.36% | 4.65% | — |
| FY 2016 Q3 | Jun 30, 2016 | 50.02% | 25.94% | — | 95.43% | 5.57% | 42.3 pp |
| FY 2016 Q2 | Mar 31, 2016 | — | 21.14% | — | 73.67% | 5.09% | — |
| FY 2016 Q1 | Dec 31, 2015 | — | 6.02% | — | 25.78% | 1.42% | — |
| FY 2015 Q4 | Sep 30, 2015 | — | 8.96% | — | -10.41% | -0.55% | — |
| FY 2015 Q3 | Jun 30, 2015 | — | 1.66% | — | -24.22% | -1.8% | — |
| FY 2015 Q2 | Mar 31, 2015 | — | -2.53% | — | -32.42% | -2.78% | — |
| FY 2015 Q1 | Dec 31, 2014 | 1.69% | 13.16% | — | 1.75% | 0.16% | -6 pp |
| FY 2014 Q4 | Sep 30, 2014 | 14.19% | 18.7% | — | 12.93% | 1.37% | 6.5 pp |
| FY 2014 Q3 | Jun 30, 2014 | 12.66% | 16.27% | -68.33% | 11.79% | 1.4% | 5 pp |
| FY 2014 Q2 | Mar 31, 2014 | 14.55% | 17.9% | -83.21% | 19.63% | 2.42% | 6.9 pp |
| FY 2014 Q1 | Dec 31, 2013 | 11.58% | 18.9% | -88.97% | 13.37% | 1.74% | 3.9 pp |
| FY 2013 Q4 | Sep 30, 2013 | 20.21% | 21.71% | — | 18.16% | 2.52% | 12.5 pp |
| FY 2013 Q3 | Jun 30, 2013 | 23.63% | 23.92% | — | 20.43% | 3.38% | 15.9 pp |
| FY 2013 Q2 | Mar 31, 2013 | 30.89% | 28.35% | — | 21.12% | 3.52% | 23.2 pp |
| FY 2013 Q1 | Dec 31, 2012 | 26.54% | 28.97% | 1.22% | 27.68% | 4.61% | 18.8 pp |
| FY 2012 Q4 | Sep 30, 2012 | 29.1% | 29.98% | 2.56% | 27.01% | 4.73% | 21.4 pp |
| FY 2012 Q3 | Jun 30, 2012 | 26.42% | 25.1% | 1.29% | 22.92% | 4.59% | 18.7 pp |
| FY 2012 Q2 | Mar 31, 2012 | 29.9% | 25.66% | — | 23.22% | 4.66% | 22.2 pp |
| FY 2012 Q1 | Dec 31, 2011 | 27.88% | 26.41% | — | 24.14% | 4.7% | 20.2 pp |
| FY 2011 Q4 | Sep 30, 2011 | 29.8% | 27.79% | — | 24.28% | 4.8% | 22.1 pp |
| FY 2011 Q3 | Jun 30, 2011 | 26.95% | 25.78% | — | 22.84% | 4.85% | 19.2 pp |
| FY 2011 Q2 | Mar 31, 2011 | 26.14% | 25.68% | — | 22.78% | 4.77% | 18.4 pp |
| FY 2011 Q1 | Dec 31, 2010 | 22.71% | 25.4% | — | 22.65% | 4.67% | 15 pp |
| FY 2010 Q4 | Sep 30, 2010 | 24.75% | 25.6% | — | 22.46% | 4.55% | 17.1 pp |
| FY 2010 Q3 | Jun 30, 2010 | 22.16% | 24.93% | — | — | 4.68% | 14.5 pp |
| FY 2010 Q2 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2010 Q1 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q4 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Jun 30, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · COR, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.