tickdelta
Sign in
Screener / SEC EDGAR /CIK 0001000228 /10-K filed Feb 24, 2026, compared with Feb 25, 2025 /Numbers from the XBRL of the 10-Ks
Health care peers:
VRTXHSICDVALHVTRSDGX
Nasdaq Health care · Medical Distribution

Henry Schein HSIC

HSIC quote by TradingView

Henry Schein, Inc. is a solutions company for health care professionals powered by a network of people and technology. 10-K, Item 1

Employees
25,000
Headquarters
Melville, NY
CEO
Stanley M. Bergman
Next results
around Feb 23, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $13.2B through the costs to a net profit of $398.0M · income statement of the 10-K

5% operating margin
Revenue to Gross profit: $4.1BRevenue to Cost of revenue: $9.1BGross profit to Operating profit: $653.0MGross profit to Operating expenses: $3.5BOperating profit to Net profit: $398.0MOperating profit to Tax & other: $255.0M Revenue: $13.2B REVENUE $13.2B +4% Y/Y Gross profit: $4.1B · 31% margin GROSS PROFIT $4.1B 31% margin · +2% Y/Y Cost of revenue: $9.1B · 69% of revenue COST OF REVENUE $9.1B 69% of revenue Operating profit: $653.0M · 5% margin OPERATING PROFIT $653.0M 5% margin · +5% Y/Y Operating expenses: $3.5B · 26% of revenue OPERATING EXPENSES $3.5B 26% of revenue Net profit: $398.0M · 3% margin NET PROFIT $398.0M 3% margin · +2% Y/Y Tax & other: $255.0M · 2% of revenue TAX & OTHER $255.0M 2% of revenue
Gross profit $4.1B 31% margin · +2% Y/Y
Operating profit $653.0M 5% margin · +5% Y/Y
Net profit $398.0M 3% margin · +2% Y/Y
The full income statement, year by year

HSIC among Health care peers

Six ratios from the latest 10-K. Each corner is the share of 59 peers the company is above, not a score.

Compare
Revenue growth: 4.0%, above 31% of 59 peers (their median 7.2%) REVENUE GROWTH 4.0% · above 31% Gross margin: 31.6%, above 16% of 50 peers (their median 65.2%) GROSS MARGIN 31.6% · above 16% Operating margin: 5.2%, above 28% of 50 peers (their median 13.7%) OPERATING MARGIN 5.2% · above 28% Net margin: 3.1%, above 25% of 59 peers (their median 9.7%) NET MARGIN 3.1% · above 25% FCF margin: 4.1%, above 16% of 55 peers (their median 15.8%) FCF MARGIN 4.1% · above 16% Return on capital: 7.5%, above 29% of 41 peers (their median 9.2%) RETURN ON CAPITAL 7.5% · above 29%
HSIC Peer median Below the median

What changed

41 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Feb 24, 2026 against Feb 25, 2025.

Risk factors
41 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Critical audit matters changed
New this year: Global Distribution and Value-Added Services, Global Specialty Products and Global Technology segments during; Company estimated the fair value of identifiable intangible assets using the relief-from-royalty method and the; We identified the revenue growth rates for certain periods and the discount rates used in estimating the fair value of; Utilizing specialists with skill and knowledge in valuation to evaluate the reasonableness of the discount. No longer listed: We identified the revenue growth rates for certain periods used in the determination of the fair value of the acquired; Auditing these considerations involved especially subjective and challenging auditor judgement due to the nature. Same as last year: Business Acquisition - Valuation of Acquired Intangible Assets; As described in Notes 1 and 5 of the consolidated financial statements, the Company acquired entities within the; Evaluating the reasonableness of the revenue growth rates used in estimating the fair value of certain trade
10-K · XBRL
Accounting checks
10 other checks clear, 1 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
2 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 10 checks found nothing to note

  • Critical audit matters changed
    New this year: Global Distribution and Value-Added Services, Global Specialty Products and Global Technology segments during; Company estimated the fair value of identifiable intangible assets using the relief-from-royalty method and the; We identified the revenue growth rates for certain periods and the discount rates used in estimating the fair value of; Utilizing specialists with skill and knowledge in valuation to evaluate the reasonableness of the discount. No longer listed: We identified the revenue growth rates for certain periods used in the determination of the fair value of the acquired; Auditing these considerations involved especially subjective and challenging auditor judgement due to the nature. Same as last year: Business Acquisition - Valuation of Acquired Intangible Assets; As described in Notes 1 and 5 of the consolidated financial statements, the Company acquired entities within the; Evaluating the reasonableness of the revenue growth rates used in estimating the fair value of certain trade
  • Receivables +11.4% vs revenue +4.0% (+7.4 pts)
9 more checks with nothing to note
  • Cash from operations $712.0M vs net income $398.0M (FY ending Dec 27, 2025)
  • Inventory +10.6% vs revenue +4.0% (+6.6 pts)
  • Same auditor in both 10-Ks: BDO USA, P.C.
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

41 paragraphs in Risk Factors that were not in the 10-K filed Feb 25, 2025. Quoted as filed.

All 41 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 25, 2025 10-K, ITEM 1A
    We utilize security technologies designed to protect and maintain the integrity of our IS and data, and our defenses incur, and may in the future incur substantial costs as we update our cybersecurity defense systems A cyberattack that bypasses or compromises our, or our vendors’, IS cybersecurity and/or general has in the past led, to…
  2. Item 1A · new paragraph · not in the 10-K filed Feb 25, 2025 10-K, ITEM 1A
    In addition to immaterial and unrelated incidents at certain of our subsidiaries,
  3. Item 1A · new paragraph · not in the 10-K filed Feb 25, 2025 10-K, ITEM 1A
    We have spent, and plan to expend in the future, additional resources to continue to protect against, or to address problems caused by, business interruptions and data security breaches. be perceived as a more vulnerable target of the cyber hackers as a result of the October
  4. Item 1A · new paragraph · not in the 10-K filed Feb 25, 2025 10-K, ITEM 1A
    The U.S. government and industry trade associations (among others) have expressed

New risk paragraphs, against peers

Latest 10-K of each, Health care companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$12.6B$12.3B$12.7B$13.2B
Net income$538.0M$416.0M$390.0M$398.0M
Operating cash flow$602.0M$500.0M$848.0M$712.0M
Free cash flow$506.0M$353.0M$700.0M$573.0M

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$13.2B ▲ 4.0% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Henry Schein, Melville, NY · from the 10-K filed Feb 24, 2026

Henry Schein, Inc. is a solutions company for health care professionals powered by a network of people and technology. We believe we are the world’s largest provider of health care products and services primarily to office- based dental and medical practitioners, as well as alternate sites of care. Our philosophy is grounded in our commitment to serve as trusted advisors and help customers operate a more efficient and successful business so the

Headquarters
Melville, NY
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
December 26
Last results
Nov 3, 2026
Incorporated in
DE

Employees, at the top of the page: "We are headquartered in Melville, New York and employ more than 25,000 people" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Feb 24, 2026 (open at SEC), compared with the 10-K filed Feb 25, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/HSIC/export.csv") into a cell.