Cencora, Inc. (COR) closed fiscal year 2025 with a gross margin of 3.6 % and a net margin of 0.5 %.
Cencora, Inc. (COR) closed fiscal year 2025 with a gross margin of 3.6 % and a net margin of 0.5 %. The same year shows an EBITDA margin of 1.2 % and an EBIT margin of 0.8 %. The free cash flow margin was 1.0 %. Against the previous year the gross margin moved +0.2 pp and the net margin −0.0 pp. Across the period the gross margin ranges between 2.5 % in 2014 and 3.6 % in 2025. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: September
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 3.38 % | 2.92 % | 2.93 % | 2.99 % | 3.12 % | 3.37 % | 2.85 % | 2.49 % | 2.60 % | 2.91 % | 2.97 % | 2.75 % | 2.86 % | 2.73 % | 3.24 % | 3.48 % | 3.42 % | 3.37 % | 3.57 % |
| EBITDA margin (%) | 1.35 % | 1.32 % | 1.36 % | 1.52 % | 1.65 % | 1.85 % | 1.22 % | 0.82 % | 0.50 % | 1.31 % | 0.97 % | 1.16 % | 0.90 % | -2.49 % | 1.34 % | 1.29 % | 1.27 % | 1.12 % | 1.15 % |
| EBIT margin (%) | 1.20 % | 1.18 % | 1.23 % | 1.40 % | 1.51 % | 1.67 % | 1.02 % | 0.65 % | 0.31 % | 1.04 % | 0.69 % | 0.86 % | 0.62 % | -2.70 % | 1.10 % | 0.99 % | 0.89 % | 0.74 % | 0.82 % |
| Net margin (%) | 0.71 % | 0.36 % | 0.70 % | 0.82 % | 0.90 % | 0.92 % | 0.49 % | 0.23 % | -0.10 % | 0.97 % | 0.24 % | 0.99 % | 0.48 % | -1.80 % | 0.72 % | 0.71 % | 0.67 % | 0.51 % | 0.48 % |
| FCF margin (%) | 1.67 % | 0.85 % | 0.89 % | 1.20 % | 1.29 % | 1.50 % | 0.67 % | 1.00 % | 2.71 % | 1.85 % | 0.68 % | 0.64 % | 1.13 % | 0.97 % | 1.04 % | 0.92 % | 1.32 % | 1.02 % | 1.00 % |