How Does Cencora Stock Stack Up Against Its Peers?

COR: Cencora logo
COR
Cencora

Cencora‘s stock has outperformed many peers over the past year, but how does it truly stack up against key distributors? As of December 2, 2025, a closer look reveals solid revenue growth and moderate operating margins, yet a higher valuation and lower free cash flow efficiency. Its upside may be limited if peers with stronger profitability and lower P/E ratios continue to attract investor preference. Cencora, formerly known as AmerisourceBergen until its 2023 rebranding, is a global pharmaceutical distribution company that connects manufacturers with healthcare providers, also offering logistics, data analytics, and consulting services.

  • COR’s 1.2% operating margin, trailing HSIC (5.9%), reflects the tight profitability inherent in pharmaceutical distribution.
  • COR’s 11.6% LTM revenue growth, strong vs. CAH, HSIC but lags MCK, OMI, reflecting varied specialty pharma and home healthcare market exposures.
  • COR’s 41.4% stock gain and 30.6 PE, despite CAH’s stronger returns, signals high investor confidence in future specialty pharma growth.

Here’s how Cencora stacks up across size, valuation, and profitability versus key peers.

  COR CAH MCK HSIC OMI
Market Cap ($ Bil) 68.0 48.8 102.9 8.6 0.2
Revenue ($ Bil) 316.7 222.6 387.1 12.9 12.7
PE Ratio 30.6 23.9 23.8 20.4 -0.3
LTM Revenue Growth 11.6% -1.9% 17.2% 3.5% 92.4%
LTM Operating Margin 1.2% 1.0% 1.4% 5.9% 2.6%
LTM FCF Margin 0.4% 0.8% 1.6% 2.8% -2.8%
12M Market Return 41.4% 69.9% 34.1% -6.3% -81.0%

For more details on Cencora, read Buy or Sell COR Stock. Below we compare COR’s growth, margin, and valuation with peers across years

Revenue Growth Comparison

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  LTM 2025 2024 2023 2022
COR 11.6% 12.1% 9.9% 11.5%
CAH -1.9% -1.9% 10.7% 13.0%  
MCK 17.2% 16.2% 11.7% 4.8%  
HSIC 3.5% 2.7% -2.4% 2.0%
OMI 92.4% 3.6% 3.8% 1.7%

Operating Margin Comparison

  LTM 2025 2024 2023 2022
COR 1.2% 1.1% 1.0% 1.2%
CAH 1.0% 1.0% 0.9% 0.9%  
MCK 1.4% 1.3% 1.4% 1.7%  
HSIC 5.9% 5.8% 5.6% 6.9%
OMI 2.6% 2.8% 2.9% 2.8%

PE Ratio Comparison

  LTM 2025 2024 2023 2022
COR 30.6 29.6 23.8 20.3
CAH 23.9 18.3 29.0 60.8  
MCK 23.8 22.0 20.5 14.9  
HSIC 20.4 22.5 23.8 20.2
OMI -0.3 -2.8 -35.4 65.0

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