Henry Schein (HSIC) FY2024 10-K Annual Report

Filed: Feb 25, 2025
Consumer Discretionary
Wholesale-Medical, Dental & Hospital Equipment & SuppliesSEC EDGAR

Henry Schein (HSIC) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 25, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Henry Schein FY2024 10-K Analysis

Business Overview

  • Core business model: Global distributor and manufacturer of dental, medical, specialty healthcare products, and practice management technologies
  • New segment reporting structure in 2024: three segments — Global Distribution and Value-Added Services, Global Specialty Products, Global Technology
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Management Discussion & Analysis

  • Revenue $12.339B, down 2.4% YoY; Global Dental flat at $6.65B (+0.3%), Global Medical down 10% to $3.91B
  • Gross margin 31.7% vs 31.3%; Global Specialty Products margin 54.1% vs 53.3%, Global Technology margin 67.4% vs 69.2%, Global Distribution margin 25.6% vs 25.2%
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Risk Factors

  • Regulatory risk: non-compliance with EU Medical Device Regulation impacting global specialty products manufacturing
  • Geopolitical risk: disruptions from ongoing wars including Ukraine and Israel-Gaza conflicts affecting international trade and operations
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Henry Schein FY2024 Key Financial Metrics
XBRL

Revenue

$12.7B

+2.7% YoY

Net Income

$390M

-6.3% YoY

Gross Margin

31.7%

+40bp YoY

Operating Margin

4.9%

-8bp YoY

Net Margin

3.1%

-29bp YoY

ROE

11.5%

+11bp YoY

Total Assets

$10.2B

-3.4% YoY

EPS (Diluted)

$3.05

-3.5% YoY

Operating Cash Flow

$848M

+69.6% YoY

Source: XBRL data from Henry Schein FY2024 10-K filing on SEC EDGAR. All figures in USD.

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