Henry Schein (HSIC) Gross Margin (2009 - 2026)
Henry Schein's Gross Margin was 31.84% in Q2 2026, up 0.48 percentage points from 31.36% a year earlier and up 0.07 percentage points from the prior quarter.
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Analysis
Henry Schein (HSIC) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Henry Schein's Gross Margin was 31.32% through Jun 27, 2026, down 0.01 percentage points year-over-year; for FY2025, it was 31.14%, down 0.55 percentage points from FY2024.
- Gross Margin shows a five-year change of +3.31 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 31.69% in FY2024 (+0.41 pp), 31.28% in FY2023 (+0.99 pp), 30.29% in FY2022 (+0.67 pp) and 29.63% in FY2021 (+1.80 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin since Q2 2024.
- Compared with a year earlier, Gross Margin was higher in three of the last eight quarters, with an average year-over-year change of -0.15 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q4 2021 (a gain of 2.26 percentage points); the worst was Q2 2025 (a drop of 1.10 percentage points).
- Per Business Quant data, HSIC's Gross Margin in the three quarters before Q2 2026 was 31.77% (Q1 2026), 30.93% (Q4 2025) and 30.73% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 330.47 Bn | 215.10 Bn | 36.67 Bn | 32.74% |
| 2 | Cvs Health | 108.89 Bn | 61.49 Bn | 47.23 Bn | 44.52% |
| 3 | Mckesson | 104.86 Bn | 91.32 Bn | 3.69 Bn | 3.50% |
| 4 | Elevance Health | 82.79 Bn | -58.96 Bn | 13.45 Bn | 26.65% |
| 5 | Cigna | 70.83 Bn | 40.37 Bn | 14.97 Bn | 20.88% |
| 6 | Cencora | 59.11 Bn | 48.20 Bn | 3.61 Bn | 4.26% |
| 7 | Cardinal Health | 53.53 Bn | 37.53 Bn | 2.56 Bn | 4.02% |
| 8 | Humana | 45.57 Bn | -42.23 Bn | 5.50 Bn | 13.45% |
| 9 | Centene | 30.12 Bn | -60.16 Bn | 14.55 Bn | 27.16% |
| 10 | Henry Schein | 9.51 Bn | 10.25 Bn | 1.10 Bn | 31.84% |
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% |
API Access
Henry Schein Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=HSIC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HSIC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=HSIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();