Henry Schein, Inc.

HSIC Healthcare Medical Distribution

Henry Schein, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $13.2 billion, up 4.03% from fiscal 2024.

Revenue
+3.95%
EPS
+34.8%
Free cash flow
−7.09%
Total debt
+15.6%

Quarter to September 2026, against a year earlier

86.21 0.90 +1.05%
Market cap
$9.4B
P/E
23.0×
Fwd P/E
21.3×
Dividend yield
—
F-score
5/9
Altman Z
2.66
Beneish M
−2.51
Dividend safety
69/100

Henry Schein, Inc. (HSIC) Gross margin

Alert me on Gross margin

Henry Schein, Inc.'s gross margin over the twelve months to 30 September 2026 was 31.6%, up 0.4 percentage points from fiscal 2025 (31.1%). Over the past ten years it has ranged from 27.8% (fiscal 2020) to 31.7% (fiscal 2024); the current reading is higher than 82% of that period. That is above the Medical Distribution industry median of 5.74% and below the Healthcare sector median of 54.5%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 31.1% (0.55)
FY2024 31.7% 0.41
FY2023 31.3% 0.99
FY2022 30.3% 0.66
FY2021 29.6% 1.80
FY2020 27.8% (3.12)
FY2019 31.0% 0.04
FY2018 30.9% (0.01)
FY2017 30.9% 3.04
FY2016 27.9% (0.41)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 31.8% 0.00
Jun 2026 31.8% 0.07
Mar 2026 31.8% 0.84
Dec 2025 30.9% 0.20
43 more quarters

Against its own ten years

Low 27.8% High 31.7%
Ten-year median 30.9%
Current reading's percentile 86

Gross margin against peers

Company Gross margin
ACH Accendra Health, Inc. compare 44.8%
FOCL FocalTherics compare 44.5%
HSIC Henry Schein, Inc. 31.6%
COSM Cosmos Health Inc. compare 10.3%
YI 111, Inc. Sponsored ADR compare 5.74%
COR Cencora, Inc. compare 4.11%
CAH Cardinal Health, Inc. compare 3.90%
MCK McKesson Corporation compare 3.67%
AHG Akso Health Group Sponsored ADR compare 0.00%
Medical Distribution industry median 5.74%
Healthcare sector median 54.5%
Market median 46.0%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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