Henry Schein (HSIC) Gross Margin (2009 - 2026)
Henry Schein (HSIC) posted Gross Margin of 31.84% for Q2 2026, little changed on a QoQ basis from 31.77% in Q1 2026, and up 48.0% year-over-year from 21.51% in Q2 2025.
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Henry Schein (HSIC) Gross Margin (2009 - 2026) Analysis & Trends
Henry Schein has reported Gross Margin for 18 years, with the latest figure at 31.84% in Q2 2026.
- On a quarterly basis, Gross Margin rose 48.0% year-over-year to 31.84% in Q2 2026; TTM through Jun 2026 was 31.32%, a 1.0% decrease from a year earlier, with the FY2025 full-year figure at 31.14%, down 55.0% from the prior year.
- Gross Margin was 31.84% for Q2 2026 at Henry Schein, roughly flat from 31.77% in the prior quarter.
- The five-year high for Gross Margin was 32.46% in Q2 2024, with the low at 29.64% in Q4 2022.
- Average Gross Margin over 5 years is 31.18%, with a median of 31.32% recorded in 2024.
- The sharpest annual moves came in 2023 and 2025: Gross Margin soared 167 bps in 2023, then sank 110 bps in 2025.
- Over 5 years, Gross Margin stood at 29.64% in 2022, then advanced by 3 bps to 30.63% in 2023, then rose by 2 bps to 31.12% in 2024, then dropped by 1 bps to 30.93% in 2025, then advanced by 3 bps to 31.84% in 2026.
- The last three Gross Margin figures came in at 31.84% (Q2 2026), 31.77% (Q1 2026), and 30.93% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 104.59 Bn | 99.42 Bn | 3.69 Bn | 3.50% |
| 2 | Cencora | 62.07 Bn | 59.25 Bn | 3.61 Bn | 4.26% |
| 3 | Cardinal Health | 55.70 Bn | 50.84 Bn | 2.56 Bn | 4.02% |
| 4 | Henry Schein | 9.91 Bn | 9.75 Bn | 1.10 Bn | 31.84% |
| 5 | ZeroStack | 48.41 Mn | 45.45 Mn | 1.62 Mn | 11.85% |
| 6 | 111 | 30.02 Mn | -24.35 Mn | 18.18 Mn | 5.31% |
| 7 | Guardian Pharmacy Services | 5.58 Mn | -84.23 Mn | 80.04 Mn | 22.75% |
| 8 | Ridgetech | 4.83 Mn | -13.18 Mn | - | - |
| 9 | DataMeds AI | 1.85 Mn | 1.80 Mn | 170,221.00 | 10.91% |
| 10 | MedWellAI | 1.47 Mn | 1.32 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 31.84% |
| Mar 28, 2026 | 31.77% |
| Dec 27, 2025 | 30.93% |
| Sep 27, 2025 | 30.73% |
| Jun 28, 2025 | 31.36% |
| Mar 29, 2025 | 31.57% |
| Dec 28, 2024 | 31.12% |
| Sep 28, 2024 | 31.29% |
| Jun 29, 2024 | 32.46% |
| Mar 30, 2024 | 31.90% |
| Dec 30, 2023 | 30.63% |
| Sep 30, 2023 | 31.47% |
| Jul 1, 2023 | 31.45% |
| Apr 1, 2023 | 31.57% |
| Dec 31, 2022 | 29.64% |
| Sep 24, 2022 | 29.80% |
| Jun 25, 2022 | 31.19% |
| Mar 26, 2022 | 30.61% |
| Dec 25, 2021 | 29.42% |
| Sep 25, 2021 | 28.70% |