Henry Schein IncHenry Schein Inc
Henry Schein Inc

Henry Schein Inc

HSIC
Health Care·Health Care Providers & Services

Henry Schein, Inc. engages in the provision of health care products and services to medical, dental, and veterinary office-based practitioners. It operates through the following segments: Global Distribution and Value-Added Services, Global Specialty Products, and Global Technology. The Global Distribution and Value-Added Services segment focuses on distribution to the global dental and medical markets of national brand and corporate brand merchandise, and equipment and related technical services. The Global Specialty Products segment includes manufacturing, marketing and sales of dental implant and biomaterial products, endodontic, orthodontic and orthopedic products. The Global Technology segment focuses on development and distribution of practice management software, e-services, and other products, which are distributed to health care providers. The company was founded by Henry Schein and Esther Schein in 1932 and is headquartered in Melville, NY.

New York; U.S.A
Market cap
No dataNo data
Revenue
$13.2B+4.0% YoY
Net income
$398M+2.1% YoY
Free cash flow
$573M−18.1% YoY

Market

Listed stock
HSICPriceNasdaq
Loading…Loading…1Y

Financial performance

Revenue
$13.2B+4.0% YoY
Operating income
$653M+5.2% YoY
Net income
$398M+2.1% YoY
Free cash flow
$573M−18.1% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2021 $12.4B, 2022 $12.6B, 2023 $12.3B, 2024 $12.7B, 2025 $13.2B. Operating income: 2021 $851.7M, 2022 $747M, 2023 $615M, 2024 $621M, 2025 $653M. Net income: 2021 $631.2M, 2022 $538M, 2023 $416M, 2024 $390M, 2025 $398M. Free cash flow: 2021 $630.6M, 2022 $506M, 2023 $353M, 2024 $700M, 2025 $573M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
4.0%+133 bps YoY
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2021-12-25 $851.7M, 2022-12-31 $747M, 2023-12-30 $615M, 2024-12-28 $621M, 2025-12-27 $653M. Net income: 2021-12-25 $631.2M, 2022-12-31 $538M, 2023-12-30 $416M, 2024-12-28 $390M, 2025-12-27 $398M. Free cash flow: 2021-12-25 $630.6M, 2022-12-31 $506M, 2023-12-30 $353M, 2024-12-28 $700M, 2025-12-27 $573M

Growth heatmap

2022202320242025CAGR
Revenue
+2.0%
-2.4%
+2.7%
+4.0%
+1.5%
Gross profit
+4.3%
+0.8%
+4.0%
+2.2%
+2.8%
Operating income
-12.3%
-17.7%
+1.0%
+5.2%
-6.4%
Free cash flow
-19.8%
-30.2%
+98.3%
-18.1%
-2.4%

Earnings quality

Operating cash flow
$712M−16.0% YoY
Net income
$398M+2.1% YoY
Free cash flow
$573M−18.1% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2025-12-27 179%, 2024-12-28 217%, 2023-12-30 120%, 2022-12-31 112%, 2021-12-25 112%. Free cash flow: 2025-12-27 144%, 2024-12-28 179%, 2023-12-30 85%, 2022-12-31 94%, 2021-12-25 100%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
No data
FCF / share
Latest
No data
Diluted shares
Latest
No data

Financial flexibility

Cash & equivalents
No dataNo data
Total debt
No dataNo data
Net debt
No dataNo data
Current ratio
No dataNo data

Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
No dataNo data
Return on assets
No dataNo data
Return on invested capital
No dataNo data
Asset turnover
No dataNo data

Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
No dataNo data
EV / EBITDA
No dataNo data
Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
No data
No data
No data
Price to sales
No data
No data
No data
No data
EV / EBITDA
No data
No data
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No data
Free cash flow yield
No data
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