Henry Schein Inc (HSIC)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 615,000 | 747,000 | 852,000 | 535,000 | 718,261 |
| Revenue | US$ in thousands | 12,252,000 | 12,603,000 | 12,383,200 | 10,079,900 | 10,185,200 |
| Operating profit margin | 5.02% | 5.93% | 6.88% | 5.31% | 7.05% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $615,000K ÷ $12,252,000K
= 5.02%
Henry Schein Inc's operating profit margin has shown fluctuations over the past five years. In 2021, the operating profit margin was at its highest point at 6.88%, representing a strong profitability level. However, this was followed by a decrease in 2022 to 5.93%, indicating a slight decline in profitability. In 2023, the operating profit margin further decreased to 5.02%, reaching its lowest point in the five-year period.
The trend in the operating profit margin suggests some inconsistency in the company's ability to generate profits from its core operations. Investors and analysts may want to investigate the factors driving these fluctuations in order to assess the company's operational efficiency and potential for sustainable profitability.
Peer comparison
Dec 31, 2023