Henry Schein Inc (HSIC)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 416,000 | 445,000 | 458,000 | 478,000 | 538,000 | 638,000 | 650,000 | 646,000 | 631,000 | 626,839 | 606,536 | 439,739 | 404,000 | 591,770 | 590,630 | 715,959 | 695,481 | 482,649 | 432,862 | 428,966 |
| Revenue (ttm) | US$ in thousands | 12,266,000 | 12,632,000 | 12,551,000 | 12,491,000 | 12,603,000 | 12,573,770 | 12,696,850 | 12,636,700 | 12,383,180 | 12,225,710 | 11,875,670 | 10,588,730 | 10,091,310 | 9,779,720 | 9,447,070 | 10,208,200 | 10,131,110 | 10,650,600 | 11,433,890 | 12,325,530 |
| Net profit margin | 3.39% | 3.52% | 3.65% | 3.83% | 4.27% | 5.07% | 5.12% | 5.11% | 5.10% | 5.13% | 5.11% | 4.15% | 4.00% | 6.05% | 6.25% | 7.01% | 6.86% | 4.53% | 3.79% | 3.48% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $416,000K ÷ $12,266,000K
= 3.39%
Henry Schein Inc's net profit margin has shown some fluctuation over the past few quarters. From December 2019 to December 2023, the company's net profit margin ranged from 3.39% to 7.01%. The trend indicates a gradual decline in profitability from mid-2020 to mid-2022, followed by a slight recovery in the most recent quarters.
The net profit margin peaked at 7.01% in March 2020 but has since stabilized at around 3.5% to 5.1%. This suggests that the company may have faced challenges in maintaining profit margins during the pandemic period but has made efforts to improve efficiency and profitability in the latter part of 2022 and 2023.
Overall, while Henry Schein Inc's net profit margin has shown variability, it is essential for the company to focus on sustaining or improving profitability levels to ensure long-term financial health and shareholder value.
Peer comparison
Dec 31, 2023