Henry Schein Inc (HSIC)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 31.48% | 31.15% | 30.71% | 30.61% | 30.40% | 30.32% | 30.01% | 29.72% | 29.67% | 29.07% | 28.60% | 27.95% | 27.89% | 28.27% | 29.34% | 30.22% | 30.51% | 28.46% | 26.17% | 23.88% |
| Operating profit margin | 5.01% | 5.13% | 5.25% | 5.43% | 5.93% | 6.97% | 6.90% | 6.85% | 6.88% | 6.81% | 6.81% | 5.59% | 5.30% | 5.63% | 5.82% | 7.05% | 7.09% | 6.38% | 5.39% | 4.96% |
| Pretax margin | 4.37% | 4.58% | 4.77% | 5.04% | 5.62% | 6.66% | 6.72% | 6.68% | 6.69% | 6.62% | 6.47% | 5.23% | 4.94% | 7.16% | 7.53% | 8.56% | 8.44% | 5.83% | 4.77% | 4.38% |
| 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% |
Henry Schein Inc's profitability ratios have shown a generally positive trend over the past five quarters. The gross profit margin has been steadily increasing, indicating an improvement in the company's ability to generate profit from its sales. The operating profit margin has also shown a positive trend, although it fluctuated slightly. This suggests that the company has been managing its operating expenses effectively.
The pretax margin reflects the efficiency of the company in generating profits before taxes, and it has shown an upward trend, reaching its peak in the most recent quarter. This indicates that Henry Schein Inc has improved its ability to generate profits at each level of its operations. The net profit margin, which represents the company's bottom-line profitability after all expenses are considered, has also demonstrated improvement over the quarters, reflecting a positive trend in the overall profitability of the company.
Overall, Henry Schein Inc's profitability ratios suggest that the company has been effectively managing its costs and increasing its profitability over the analyzed period.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.82% | 6.61% | 7.21% | 7.91% | 8.68% | 10.26% | 10.52% | 10.25% | 10.05% | 9.88% | 9.96% | 7.60% | 6.89% | 7.05% | 7.52% | 9.57% | 10.04% | 9.58% | 8.66% | 8.55% |
| Return on assets (ROA) | 3.93% | 4.54% | 5.01% | 5.58% | 6.25% | 7.48% | 7.81% | 7.65% | 7.44% | 7.44% | 7.47% | 5.65% | 5.20% | 7.58% | 8.07% | 9.52% | 9.73% | 6.80% | 6.09% | 6.00% |
| Return on total capital | 17.05% | 18.02% | 18.57% | 19.61% | 21.82% | 24.04% | 24.57% | 24.30% | 25.02% | 24.33% | 23.93% | 17.66% | 16.13% | 23.41% | 25.13% | 30.80% | 30.21% | 24.16% | 21.81% | 21.99% |
| Return on equity (ROE) | 11.38% | 12.19% | 12.87% | 13.77% | 15.61% | 17.67% | 18.09% | 17.98% | 18.42% | 18.13% | 18.05% | 13.09% | 12.07% | 18.75% | 19.75% | 24.07% | 23.20% | 17.06% | 15.31% | 15.34% |
Henry Schein Inc's profitability ratios have shown some variance over the past few quarters. The Operating Return on Assets (Operating ROA) has ranged from 5.82% to 10.52%, indicating the company's ability to generate profit from its assets used in its core operations. This metric has generally been trending downwards in recent quarters.
The Return on Assets (ROA) has fluctuated between 3.93% and 9.73%, reflecting the company's overall ability to generate profits from its total assets. This ratio shows a similar downward trend over the quarters.
Return on Total Capital has ranged from 17.05% to 30.80%, representing the return generated from both debt and equity capital invested in the company. This ratio has also shown fluctuations but has generally remained at relatively high levels compared to the other profitability metrics.
Return on Equity (ROE) has fluctuated between 11.38% and 24.07%, indicating the return generated for shareholders from their equity investment in the company. Like the other ratios, ROE has shown variability but has generally followed a downward trend.
Overall, while Henry Schein Inc has demonstrated solid profitability ratios, there is a trend towards decreasing returns over the analyzed time periods. It would be important to assess the reasons behind this trend and consider potential strategies to improve profitability moving forward.