Stock Analysis on Net
Stock Analysis on Net

AmerisourceBergen Corp. (NYSE:ABC)

This company has been moved to the archive! The financial data has not been updated since August 2, 2023.

Adjusted Financial Ratios

Microsoft Excel

Adjusted Financial Ratios (Summary)

AmerisourceBergen Corp., adjusted financial ratios

Microsoft Excel
Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017
Activity Ratio
Total Asset Turnover
Reported 4.22 3.73 4.29 4.58 4.46 4.34
Adjusted 4.02 3.58 4.05 4.24 4.13 4.02
Liquidity Ratio
Current Ratio
Reported 0.91 0.94 0.98 0.95 0.93 0.91
Adjusted 0.98 1.00 1.06 1.04 1.02 1.00
Solvency Ratios
Debt to Equity
Reported — 29.93 — 1.45 1.47 1.67
Adjusted 1.51 1.68 1.90 0.61 0.64 0.52
Debt to Capital
Reported 1.04 0.97 1.33 0.59 0.60 0.63
Adjusted 0.60 0.63 0.65 0.38 0.39 0.34
Financial Leverage
Reported — 256.71 — 13.61 12.84 17.11
Adjusted 13.29 12.84 19.35 5.59 5.46 5.38
Profitability Ratios
Net Profit Margin
Reported 0.71% 0.72% -1.80% 0.48% 0.99% 0.24%
Adjusted 0.31% 0.60% -2.51% 0.56% 0.52% 0.45%
Return on Equity (ROE)
Reported — 689.46% — 29.71% 56.55% 17.66%
Adjusted 16.62% 27.59% -196.71% 13.35% 11.73% 9.74%
Return on Assets (ROA)
Reported 3.00% 2.69% -7.70% 2.18% 4.40% 1.03%
Adjusted 1.25% 2.15% -10.17% 2.39% 2.15% 1.81%

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

Financial ratio Description The company
Adjusted total asset turnover An activity ratio calculated as total revenue divided by adjusted total assets. AmerisourceBergen Corp. adjusted total asset turnover ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 not reaching 2020 level.
Adjusted current ratio A liquidity ratio calculated as adjusted current assets divided by adjusted current liabilities. AmerisourceBergen Corp. adjusted current ratio deteriorated from 2020 to 2021 and from 2021 to 2022.
Adjusted debt-to-equity ratio A solvency ratio calculated as adjusted total debt divided by adjusted total equity. AmerisourceBergen Corp. adjusted debt-to-equity ratio improved from 2020 to 2021 and from 2021 to 2022.
Adjusted debt-to-capital ratio A solvency ratio calculated as adjusted total debt divided by adjusted total debt plus adjusted total equity. AmerisourceBergen Corp. adjusted debt-to-capital ratio improved from 2020 to 2021 and from 2021 to 2022.
Adjusted financial leverage A measure of financial leverage calculated as adjusted total assets divided by adjusted total equity.
Financial leverage is the extent to which a company can effect, through the use of debt, a proportional change in the return on common equity that is greater than a given proportional change in operating income.		 AmerisourceBergen Corp. adjusted financial leverage ratio decreased from 2020 to 2021 but then slightly increased from 2021 to 2022.
Adjusted net profit margin An indicator of profitability, calculated as adjusted net income divided by total revenue. AmerisourceBergen Corp. adjusted net profit margin ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.
Adjusted ROE A profitability ratio calculated as adjusted net income divided by adjusted total equity. AmerisourceBergen Corp. adjusted ROE improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.
Adjusted ROA A profitability ratio calculated as adjusted net income divided by adjusted total assets. AmerisourceBergen Corp. adjusted ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.

AmerisourceBergen Corp., Financial Ratios: Reported vs. Adjusted

Adjusted Total Asset Turnover

Microsoft Excel
Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017
Reported
Selected Financial Data (US$ in thousands)
Revenue 238,587,006 213,988,843 189,893,926 179,589,121 167,939,635 153,143,826
Total assets 56,560,616 57,337,805 44,274,830 39,171,980 37,669,838 35,316,470
Activity Ratio
Total asset turnover1 4.22 3.73 4.29 4.58 4.46 4.34
Adjusted
Selected Financial Data (US$ in thousands)
Revenue 238,587,006 213,988,843 189,893,926 179,589,121 167,939,635 153,143,826
Adjusted total assets2 59,333,174 59,719,898 46,849,698 42,380,681 40,686,872 38,091,730
Activity Ratio
Adjusted total asset turnover3 4.02 3.58 4.05 4.24 4.13 4.02

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

1 2022 Calculation
Total asset turnover = Revenue ÷ Total assets
= 238,587,006 ÷ 56,560,616 = 4.22

2 Adjusted total assets. See details »

3 2022 Calculation
Adjusted total asset turnover = Revenue ÷ Adjusted total assets
= 238,587,006 ÷ 59,333,174 = 4.02

Activity ratio Description The company
Adjusted total asset turnover An activity ratio calculated as total revenue divided by adjusted total assets. AmerisourceBergen Corp. adjusted total asset turnover ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 not reaching 2020 level.

Adjusted Current Ratio

Microsoft Excel
Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017
Reported
Selected Financial Data (US$ in thousands)
Current assets 39,589,758 38,802,609 33,055,702 28,132,054 25,894,372 24,303,299
Current liabilities 43,477,955 41,358,641 33,853,077 29,581,294 27,869,687 26,818,165
Liquidity Ratio
Current ratio1 0.91 0.94 0.98 0.95 0.93 0.91
Adjusted
Selected Financial Data (US$ in thousands)
Adjusted current assets2 42,599,887 41,475,493 35,992,210 30,866,760 28,465,105 26,820,660
Current liabilities 43,477,955 41,358,641 33,853,077 29,581,294 27,869,687 26,818,165
Liquidity Ratio
Adjusted current ratio3 0.98 1.00 1.06 1.04 1.02 1.00

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

1 2022 Calculation
Current ratio = Current assets ÷ Current liabilities
= 39,589,758 ÷ 43,477,955 = 0.91

2 Adjusted current assets. See details »

3 2022 Calculation
Adjusted current ratio = Adjusted current assets ÷ Current liabilities
= 42,599,887 ÷ 43,477,955 = 0.98

Liquidity ratio Description The company
Adjusted current ratio A liquidity ratio calculated as adjusted current assets divided by adjusted current liabilities. AmerisourceBergen Corp. adjusted current ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Adjusted Debt to Equity

Microsoft Excel
Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017
Reported
Selected Financial Data (US$ in thousands)
Total debt 5,702,833 6,683,924 4,119,520 4,172,892 4,310,189 3,442,055
Total AmerisourceBergen Corporation stockholders’ equity (deficit) (211,559) 223,354 (1,018,924) 2,878,917 2,932,824 2,064,461
Solvency Ratio
Debt to equity1 — 29.93 — 1.45 1.47 1.67
Adjusted
Selected Financial Data (US$ in thousands)
Adjusted total debt2 6,725,305 7,805,431 4,597,614 4,646,887 4,756,490 3,699,954
Adjusted total stockholders’ equity3 4,464,244 4,651,800 2,421,717 7,588,107 7,450,104 7,074,434
Solvency Ratio
Adjusted debt to equity4 1.51 1.68 1.90 0.61 0.64 0.52

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

1 2022 Calculation
Debt to equity = Total debt ÷ Total AmerisourceBergen Corporation stockholders’ equity (deficit)
= 5,702,833 ÷ -211,559 = —

2 Adjusted total debt. See details »

3 Adjusted total stockholders’ equity. See details »

4 2022 Calculation
Adjusted debt to equity = Adjusted total debt ÷ Adjusted total stockholders’ equity
= 6,725,305 ÷ 4,464,244 = 1.51

Solvency ratio Description The company
Adjusted debt-to-equity ratio A solvency ratio calculated as adjusted total debt divided by adjusted total equity. AmerisourceBergen Corp. adjusted debt-to-equity ratio improved from 2020 to 2021 and from 2021 to 2022.

Adjusted Debt to Capital

Microsoft Excel
Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017
Reported
Selected Financial Data (US$ in thousands)
Total debt 5,702,833 6,683,924 4,119,520 4,172,892 4,310,189 3,442,055
Total capital 5,491,274 6,907,278 3,100,596 7,051,809 7,243,013 5,506,516
Solvency Ratio
Debt to capital1 1.04 0.97 1.33 0.59 0.60 0.63
Adjusted
Selected Financial Data (US$ in thousands)
Adjusted total debt2 6,725,305 7,805,431 4,597,614 4,646,887 4,756,490 3,699,954
Adjusted total capital3 11,189,549 12,457,231 7,019,331 12,234,994 12,206,594 10,774,388
Solvency Ratio
Adjusted debt to capital4 0.60 0.63 0.65 0.38 0.39 0.34

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

1 2022 Calculation
Debt to capital = Total debt ÷ Total capital
= 5,702,833 ÷ 5,491,274 = 1.04

2 Adjusted total debt. See details »

3 Adjusted total capital. See details »

4 2022 Calculation
Adjusted debt to capital = Adjusted total debt ÷ Adjusted total capital
= 6,725,305 ÷ 11,189,549 = 0.60

Solvency ratio Description The company
Adjusted debt-to-capital ratio A solvency ratio calculated as adjusted total debt divided by adjusted total debt plus adjusted total equity. AmerisourceBergen Corp. adjusted debt-to-capital ratio improved from 2020 to 2021 and from 2021 to 2022.

Adjusted Financial Leverage

Microsoft Excel
Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017
Reported
Selected Financial Data (US$ in thousands)
Total assets 56,560,616 57,337,805 44,274,830 39,171,980 37,669,838 35,316,470
Total AmerisourceBergen Corporation stockholders’ equity (deficit) (211,559) 223,354 (1,018,924) 2,878,917 2,932,824 2,064,461
Solvency Ratio
Financial leverage1 — 256.71 — 13.61 12.84 17.11
Adjusted
Selected Financial Data (US$ in thousands)
Adjusted total assets2 59,333,174 59,719,898 46,849,698 42,380,681 40,686,872 38,091,730
Adjusted total stockholders’ equity3 4,464,244 4,651,800 2,421,717 7,588,107 7,450,104 7,074,434
Solvency Ratio
Adjusted financial leverage4 13.29 12.84 19.35 5.59 5.46 5.38

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

1 2022 Calculation
Financial leverage = Total assets ÷ Total AmerisourceBergen Corporation stockholders’ equity (deficit)
= 56,560,616 ÷ -211,559 = —

2 Adjusted total assets. See details »

3 Adjusted total stockholders’ equity. See details »

4 2022 Calculation
Adjusted financial leverage = Adjusted total assets ÷ Adjusted total stockholders’ equity
= 59,333,174 ÷ 4,464,244 = 13.29

Solvency ratio Description The company
Adjusted financial leverage A measure of financial leverage calculated as adjusted total assets divided by adjusted total equity.
Financial leverage is the extent to which a company can effect, through the use of debt, a proportional change in the return on common equity that is greater than a given proportional change in operating income.		 AmerisourceBergen Corp. adjusted financial leverage ratio decreased from 2020 to 2021 but then slightly increased from 2021 to 2022.

Adjusted Net Profit Margin

Microsoft Excel
Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017
Reported
Selected Financial Data (US$ in thousands)
Net income (loss) attributable to AmerisourceBergen Corporation 1,698,820 1,539,932 (3,408,716) 855,365 1,658,405 364,484
Revenue 238,587,006 213,988,843 189,893,926 179,589,121 167,939,635 153,143,826
Profitability Ratio
Net profit margin1 0.71% 0.72% -1.80% 0.48% 0.99% 0.24%
Adjusted
Selected Financial Data (US$ in thousands)
Adjusted net income (loss)2 741,835 1,283,438 (4,763,754) 1,012,901 873,705 689,227
Revenue 238,587,006 213,988,843 189,893,926 179,589,121 167,939,635 153,143,826
Profitability Ratio
Adjusted net profit margin3 0.31% 0.60% -2.51% 0.56% 0.52% 0.45%

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

1 2022 Calculation
Net profit margin = 100 × Net income (loss) attributable to AmerisourceBergen Corporation ÷ Revenue
= 100 × 1,698,820 ÷ 238,587,006 = 0.71%

2 Adjusted net income (loss). See details »

3 2022 Calculation
Adjusted net profit margin = 100 × Adjusted net income (loss) ÷ Revenue
= 100 × 741,835 ÷ 238,587,006 = 0.31%

Profitability ratio Description The company
Adjusted net profit margin An indicator of profitability, calculated as adjusted net income divided by total revenue. AmerisourceBergen Corp. adjusted net profit margin ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.

Adjusted Return on Equity (ROE)

Microsoft Excel
Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017
Reported
Selected Financial Data (US$ in thousands)
Net income (loss) attributable to AmerisourceBergen Corporation 1,698,820 1,539,932 (3,408,716) 855,365 1,658,405 364,484
Total AmerisourceBergen Corporation stockholders’ equity (deficit) (211,559) 223,354 (1,018,924) 2,878,917 2,932,824 2,064,461
Profitability Ratio
ROE1 — 689.46% — 29.71% 56.55% 17.66%
Adjusted
Selected Financial Data (US$ in thousands)
Adjusted net income (loss)2 741,835 1,283,438 (4,763,754) 1,012,901 873,705 689,227
Adjusted total stockholders’ equity3 4,464,244 4,651,800 2,421,717 7,588,107 7,450,104 7,074,434
Profitability Ratio
Adjusted ROE4 16.62% 27.59% -196.71% 13.35% 11.73% 9.74%

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

1 2022 Calculation
ROE = 100 × Net income (loss) attributable to AmerisourceBergen Corporation ÷ Total AmerisourceBergen Corporation stockholders’ equity (deficit)
= 100 × 1,698,820 ÷ -211,559 = —

2 Adjusted net income (loss). See details »

3 Adjusted total stockholders’ equity. See details »

4 2022 Calculation
Adjusted ROE = 100 × Adjusted net income (loss) ÷ Adjusted total stockholders’ equity
= 100 × 741,835 ÷ 4,464,244 = 16.62%

Profitability ratio Description The company
Adjusted ROE A profitability ratio calculated as adjusted net income divided by adjusted total equity. AmerisourceBergen Corp. adjusted ROE improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.

Adjusted Return on Assets (ROA)

Microsoft Excel
Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017
Reported
Selected Financial Data (US$ in thousands)
Net income (loss) attributable to AmerisourceBergen Corporation 1,698,820 1,539,932 (3,408,716) 855,365 1,658,405 364,484
Total assets 56,560,616 57,337,805 44,274,830 39,171,980 37,669,838 35,316,470
Profitability Ratio
ROA1 3.00% 2.69% -7.70% 2.18% 4.40% 1.03%
Adjusted
Selected Financial Data (US$ in thousands)
Adjusted net income (loss)2 741,835 1,283,438 (4,763,754) 1,012,901 873,705 689,227
Adjusted total assets3 59,333,174 59,719,898 46,849,698 42,380,681 40,686,872 38,091,730
Profitability Ratio
Adjusted ROA4 1.25% 2.15% -10.17% 2.39% 2.15% 1.81%

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

1 2022 Calculation
ROA = 100 × Net income (loss) attributable to AmerisourceBergen Corporation ÷ Total assets
= 100 × 1,698,820 ÷ 56,560,616 = 3.00%

2 Adjusted net income (loss). See details »

3 Adjusted total assets. See details »

4 2022 Calculation
Adjusted ROA = 100 × Adjusted net income (loss) ÷ Adjusted total assets
= 100 × 741,835 ÷ 59,333,174 = 1.25%

Profitability ratio Description The company
Adjusted ROA A profitability ratio calculated as adjusted net income divided by adjusted total assets. AmerisourceBergen Corp. adjusted ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.