Henry Schein (HSIC) Gross Margin (2009 - 2026)

Henry Schein (HSIC) recorded quarterly Gross Margin of 31.77% in Q1 2026, up 2.72% quarter-over-quarter from 30.93% in Q4 2025, and up 20.0% on a YoY basis from 26.47% in Q1 2025.

Henry Schein (HSIC) Gross Margin (2009 - 2026) Analysis & Trends

Henry Schein's Gross Margin history runs 18 years deep, the most recent figure standing at 31.77% for Q1 2026.

  • In Q1 2026, Gross Margin rose 20.0% year-over-year to 31.77%; the TTM figure through Mar 2026 stood at 31.19% (down 41.0% YoY), while the FY2025 annual figure was 31.14%, down 55.0% from the prior year.
  • Gross Margin was 31.77% for Q1 2026 at Henry Schein, up from 30.93% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 32.46% in Q2 2024 to a low of 29.64% in Q4 2022.
  • Historically, Gross Margin has averaged 31.14% across 5 years, with a median of 31.29% in 2024.
  • The sharpest annual moves came in 2023 and 2025: Gross Margin surged 167 bps in 2023, then slumped 110 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 29.64% in 2022, then gained by 3 bps to 30.63% in 2023, then increased by 2 bps to 31.12% in 2024, then slipped by 1 bps to 30.93% in 2025, then advanced by 3 bps to 31.77% in 2026.
  • The last three Gross Margin figures came in at 31.77% (Q1 2026), 30.93% (Q4 2025), and 30.73% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Akso Health 2,315,158.81 Bn 2,315,158.63 Bn - -
2 Mckesson 92.76 Bn 89.18 Bn 4.04 Bn 4.20%
3 Cencora 52.82 Bn 50.83 Bn 3.59 Bn 4.58%
4 Cardinal Health 52.17 Bn 48.39 Bn 2.50 Bn 4.10%
5 Henry Schein 9.19 Bn 9.71 Bn 1.07 Bn 31.77%
6 Accendra Health 246.88 Mn -90.00 Mn 312.39 Mn 49.76%
7 Edap Tms 161.92 Mn 146.92 Mn 8.15 Mn 45.73%
8 111 107.47 Mn 25.61 Mn 23.58 Mn 5.85%
9 Cosmos Health 9.42 Mn 7.26 Mn 1.38 Mn 7.70%
10 Cellyan Biotechnology 5.69 -2.48 Mn - -

Historic Data

Download Data
DateValue
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%
Jun 26, 2021 30.03%