Henry Schein (HSIC) Operating Margin (2009 - 2026)
Henry Schein (HSIC) posted Operating Margin of 4.95% for Q2 2026, down 8.49% on a QoQ basis from 5.4% in Q1 2026, and up 28.0% year-over-year from 3.86% in Q2 2025.
Analysis
Henry Schein (HSIC) Operating Margin (2009 - 2026) Analysis & Trends
Henry Schein has reported Operating Margin for 18 years, with the latest figure at 4.95% in Q2 2026.
- On a quarterly basis, Operating Margin rose 28.0% year-over-year to 4.95% in Q2 2026; TTM through Jun 2026 was 5.0%, a 0.0% change from a year earlier, with the FY2025 full-year figure at 4.95%, up 5.0% from the prior year.
- Operating Margin was 4.95% for Q2 2026 at Henry Schein, down from 5.4% in the prior quarter.
- The five-year high for Operating Margin was 7.68% in Q1 2022, with the low at 1.29% in Q4 2023.
- Average Operating Margin over 5 years is 5.2%, with a median of 5.01% recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Margin sank 390 bps in 2022, then soared 356 bps in 2024.
- Over 5 years, Operating Margin stood at 2.14% in 2022, then tumbled by 39 bps to 1.29% in 2023, then soared by 276 bps to 4.86% in 2024, then slipped by 2 bps to 4.74% in 2025, then climbed by 4 bps to 4.95% in 2026.
- The last three Operating Margin figures came in at 4.95% (Q2 2026), 5.4% (Q1 2026), and 4.74% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 104.82 Bn | 99.66 Bn | 3.69 Bn | 1.25% |
| 2 | Cencora | 62.50 Bn | 59.69 Bn | 3.61 Bn | 1.32% |
| 3 | Cardinal Health | 55.98 Bn | 51.13 Bn | 2.56 Bn | 1.14% |
| 4 | Henry Schein | 9.97 Bn | 9.81 Bn | 1.10 Bn | 4.95% |
| 5 | ZeroStack | 46.32 Mn | 43.35 Mn | 1.62 Mn | -177.43% |
| 6 | 111 | 30.11 Mn | 113.01 Mn | 18.18 Mn | -0.85% |
| 7 | Guardian Pharmacy Services | 5.45 Mn | -84.35 Mn | 80.04 Mn | 5.87% |
| 8 | Ridgetech | 4.90 Mn | -13.11 Mn | - | - |
| 9 | DataMeds AI | 1.84 Mn | 1.79 Mn | 170,221.00 | -385.72% |
| 10 | MedWellAI | 1.47 Mn | 1.32 Mn | - | -36.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 4.95% |
| Mar 28, 2026 | 5.40% |
| Dec 27, 2025 | 4.74% |
| Sep 27, 2025 | 4.91% |
| Jun 28, 2025 | 4.66% |
| Mar 29, 2025 | 5.52% |
| Dec 28, 2024 | 4.86% |
| Sep 28, 2024 | 4.95% |
| Jun 29, 2024 | 5.07% |
| Mar 30, 2024 | 4.73% |
| Dec 30, 2023 | 1.29% |
| Sep 30, 2023 | 6.33% |
| Jul 1, 2023 | 6.48% |
| Apr 1, 2023 | 5.72% |
| Dec 31, 2022 | 2.14% |
| Sep 24, 2022 | 6.88% |
| Jun 25, 2022 | 7.26% |
| Mar 26, 2022 | 7.68% |
| Dec 25, 2021 | 6.03% |
| Sep 25, 2021 | 6.64% |