COR vs. SNN: Cencora vs. Smith & Nephew Stock Comparison

November 11, 2026

How do Cencora (COR) and Smith & Nephew (SNN) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Cencora (COR) and Smith & Nephew (SNN) both fall under the Health Care Equipment & Services industry group, but COR is classified in Health Care Providers & Services while SNN is classified in Health Care Equipment & Supplies.

Cencora (COR) trades as ordinary local shares, while Smith & Nephew (SNN) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Cencora (COR) and Smith & Nephew (SNN)
Profile Item	COR	SNN
Name	Cencora Inc.	Smith & Nephew plc Sponsored ADR
Country/Region	United States	United Kingdom
GICS Sector	Health Care	Health Care
GICS Industry Group	Health Care Equipment & Services	Health Care Equipment & Services
GICS Industry	Health Care Providers & Services	Health Care Equipment & Supplies
GICS Sub-Industry	Health Care Distributors	Health Care Equipment
Market Capitalization	63.65 billion USD	13.04 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	April 4, 1995	November 16, 1999
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

COR

SNN

GSPC

Cencora (COR) vs. Smith & Nephew (SNN), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Cencora (COR) and Smith & Nephew (SNN). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Cencora (COR) and Smith & Nephew (SNN). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Cencora (COR) and Smith & Nephew (SNN)
Metric	COR	SNN
Total Return (1Y)	-3.53%	-4.20%
Total Return (3Y, Annualized)	21.62%	11.34%
Total Return (5Y, Annualized)	24.10%	-0.34%

Risk Profile

Drawdown History

COR

SNN

GSPC

Cencora (COR) vs. Smith & Nephew (SNN), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Cencora (COR) and Smith & Nephew (SNN). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Cencora (COR) and Smith & Nephew (SNN)
Metric	COR	SNN
Volatility (1Y, Annualized)	31.90%	27.31%
Beta (5Y)	0.56	0.49
Max Drawdown (5Y)	-32.44%	-38.80%
Avg. Volume (3M)	1.29M	1.49M

Risk-Adjusted Performance

Risk-Return Positioning

COR and SNN are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Cencora (COR) and Smith & Nephew (SNN)
Metric	COR	SNN
Sharpe Ratio (1Y)	-0.24	-0.31
Sortino Ratio (1Y)	-0.30	-0.46

Profitability

ROE (TTM)

Cencora (COR) at 129.01% clears its industry range for ROE, a sharper capital-efficiency signal than Smith & Nephew (SNN) at 11.85%, which is closer to a typical peer reading.

COR

Health Care Equipment & Services industry group

129.01%

COR: 129.01%
Max: 47.61%
Q3: 14.36%
Median: 5.45%
Q1: -10.67%
Min: -47.01%

SNN

Health Care Equipment & Services industry group

11.85%

Max: 47.61%
Q3: 14.36%
SNN: 11.85%
Median: 5.45%
Q1: -10.67%
Min: -47.01%

Cencora (COR) vs. Smith & Nephew (SNN): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Smith & Nephew (SNN) at 10.08% retains a top-quartile share of revenue as profit, ahead of Cencora (COR) at 1.03%, which keeps about the industry-typical share.

COR

Health Care Equipment & Services industry group

1.03%

Max: 29.35%
Q3: 9.33%
Median: 2.18%
COR: 1.03%
Q1: -6.29%
Min: -28.46%

SNN

Health Care Equipment & Services industry group

10.08%

Max: 29.35%
SNN: 10.08%
Q3: 9.33%
Median: 2.18%
Q1: -6.29%
Min: -28.46%

Cencora (COR) vs. Smith & Nephew (SNN): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Smith & Nephew (SNN) at 14.47% operates in the top operating margin quartile, ahead of Cencora (COR) at 1.27%, which runs around its industry’s norm.

COR

Health Care Equipment & Services industry group

1.27%

Max: 35.43%
Q3: 14.14%
Median: 6.81%
COR: 1.27%
Q1: -0.28%
Min: -16.29%

SNN

Health Care Equipment & Services industry group

14.47%

Max: 35.43%
SNN: 14.47%
Q3: 14.14%
Median: 6.81%
Q1: -0.28%
Min: -16.29%

Cencora (COR) vs. Smith & Nephew (SNN): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Cencora (COR) and Smith & Nephew (SNN)
Metric	COR	SNN
ROE (TTM)	129.01%	11.85%
ROA (TTM)	3.57%	5.16%
Net Margin (TTM)	1.03%	10.08%
Operating Margin (TTM)	1.27%	14.47%
Gross Margin (TTM)	4.09%	68.44%

Growth

Revenue Growth

Only one side can be read here: Smith & Nephew (SNN) reports revenue growth of 6.09%, ranked against its industry; Cencora (COR) has no revenue growth figure this period.

Cencora (COR) vs. Smith & Nephew (SNN): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both companies show strong earnings momentum, but Cencora (COR) at 125.50% is the standout with EPS growth above its industry range; Smith & Nephew (SNN) at 52.34% also sits in the top quartile.

Cencora (COR) vs. Smith & Nephew (SNN): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Cencora (COR) and Smith & Nephew (SNN)
Metric	COR	SNN
Revenue Growth (YoY)	--	6.09%
Revenue Growth (3Y CAGR)	--	5.73%
EPS Growth (YoY)	125.50%	52.34%
EPS Growth (3Y CAGR)	28.15%	42.01%

Financial Strength

Current Ratio (MRQ)

Smith & Nephew (SNN) at 2.14 keeps current ratio within its industry’s typical mid-range, while Cencora (COR) at 0.94 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for COR.

COR

Health Care Equipment & Services industry group

0.94

Max: 7.59
Q3: 4.00
Median: 1.98
Q1: 1.37
COR: 0.94
Min: 0.30

SNN

Health Care Equipment & Services industry group

2.14

Max: 7.59
Q3: 4.00
SNN: 2.14
Median: 1.98
Q1: 1.37
Min: 0.30

Cencora (COR) vs. Smith & Nephew (SNN): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Smith & Nephew (SNN) at 0.73 is near its industry mid-range for debt-to-equity ratio, while Cencora (COR) at 3.06 sits above its benchmark range, pointing to a heavier debt load relative to equity.

COR

Health Care Equipment & Services industry group

3.06

COR: 3.06
Max: 1.88
Q3: 0.91
Median: 0.58
Q1: 0.16
Min: 0.00

SNN

Health Care Equipment & Services industry group

0.73

Max: 1.88
Q3: 0.91
SNN: 0.73
Median: 0.58
Q1: 0.16
Min: 0.00

Cencora (COR) vs. Smith & Nephew (SNN): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Cencora (COR) and Smith & Nephew (SNN)
Metric	COR	SNN
Current Ratio (MRQ)	0.94	2.14
Debt / Equity (MRQ)	3.06	0.73
Net Debt / EBITDA	1.12	2.19

Dividends

Dividend Yield (TTM)

Both Cencora (COR) at 0.71% and Smith & Nephew (SNN) at 1.24% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.

COR

Health Care Equipment & Services industry group

0.71%

COR: 0.71%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

SNN

Health Care Equipment & Services industry group

1.24%

SNN: 1.24%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Cencora (COR) vs. Smith & Nephew (SNN): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both Cencora (COR) at 17.45% and Smith & Nephew (SNN) at 53.20% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.

COR

Health Care Equipment & Services industry group

17.45%

COR: 17.45%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

SNN

Health Care Equipment & Services industry group

53.20%

SNN: 53.20%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Cencora (COR) vs. Smith & Nephew (SNN): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Cencora (COR) and Smith & Nephew (SNN)
Metric	COR	SNN
Dividend Yield (TTM)	0.71%	1.24%
Dividend Payout Ratio (TTM)	17.45%	53.20%

Valuation

P/E Ratio (TTM)

Cencora (COR) at 18.58 sits in the cheaper P/E ratio quartile, while Smith & Nephew (SNN) at 21.19 is closer to its industry’s usual earnings multiple — a discount for COR, though growth and earnings durability still matter.

COR

Health Care Equipment & Services industry group

18.58

Max: 80.41
Q3: 47.62
Median: 29.93
Q1: 21.19
COR: 18.58
Min: 4.21

SNN

Health Care Equipment & Services industry group

21.19

Max: 80.41
Q3: 47.62
Median: 29.93
SNN: 21.19
Q1: 21.19
Min: 4.21

Cencora (COR) vs. Smith & Nephew (SNN): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

Cencora (COR) at 0.19 sits in the cheaper P/S ratio quartile while Smith & Nephew (SNN) at 2.07 prices around its industry’s middle — COR costs less per dollar of sales, though read it alongside growth and margins.

COR

Health Care Equipment & Services industry group

0.19

Max: 8.80
Q3: 4.32
Median: 2.13
Q1: 1.10
COR: 0.19
Min: 0.03

SNN

Health Care Equipment & Services industry group

2.07

Max: 8.80
Q3: 4.32
Median: 2.13
SNN: 2.07
Q1: 1.10
Min: 0.03

Cencora (COR) vs. Smith & Nephew (SNN): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

Measured against book value, both Cencora (COR) at 17.29 and Smith & Nephew (SNN) at 12.80 look expensive — each P/B ratio sits above its industry’s benchmark range.

COR

Health Care Equipment & Services industry group

17.29

COR: 17.29
Max: 11.68
Q3: 6.12
Median: 3.00
Q1: 1.73
Min: -1.31

SNN

Health Care Equipment & Services industry group

12.80

SNN: 12.80
Max: 11.68
Q3: 6.12
Median: 3.00
Q1: 1.73
Min: -1.31

Cencora (COR) vs. Smith & Nephew (SNN): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Cencora (COR) and Smith & Nephew (SNN)
Metric	COR	SNN
P/E Ratio (TTM)	18.58	21.19
P/S Ratio (TTM)	0.19	2.07
P/B Ratio (MRQ)	17.29	12.80
Free Cash Flow Yield (TTM)	2.81%	8.12%