Henry Schein (HSIC) 10-K Summary — Year Ended Dec 28, 2024
Henry Schein, Inc. filed its Annual Report on Form 10-K for the fiscal year ended December 28, 2024. The report includes financial results, a discussion of liquidity and capital resources, and risk factors, but the provided context does not include a detailed business description.
Key takeaway
Year ended Dec 28, 2024 · FY2025 10-K
Henry Schein, Inc. filed its Annual Report on Form 10-K for the fiscal year ended December 28, 2024. The report includes financial results, a discussion of liquidity and capital resources, and risk factors, but the provided context does not include a detailed business description.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$12.7B
Revenue reported for the fiscal year.
Operating income
$621M
Income from operations reported for the year.
Net income
$390M
Net income reported for the year.
Operating cash flow
$848M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 25, 2021 | $12.4B | n/a |
| Dec 31, 2022 | $12.6B | +2.0% |
| Dec 30, 2023 | $12.3B | -2.4% |
| Dec 28, 2024 | $12.7B | +2.7% |
Business overview
The filing does not provide a dedicated business description. Based on the liquidity and capital resources section, the company appears to be a distributor that purchases and sells products and services, requiring significant working capital and managing inventory through forward buy-in opportunities. It finances operations through cash from operations, credit facilities, and debt placements.
Financial performance
Revenue increased compared to the prior year, while operating income, net income, and operating cash flow were reported for the period. The filing also presents a multi-year revenue trend showing fluctuations, with a year-over-year increase in the most recent fiscal year.
Material risks
The filing does not include explicit risk factors in the supplied context. However, the liquidity section indicates that the company's ability to generate cash depends on continued customer demand and access to suppliers. Working capital is subject to seasonal fluctuations due to inventory purchase patterns and special forward buy-in opportunities.
Liquidity and capital
The company primarily finances its business through cash from operations, revolving credit facilities, and debt placements. Capital requirements include funding acquisitions, repurchasing common stock, repaying debt, and supporting working capital needs, which are influenced by seasonal sales and inventory forward buy-in opportunities.
What to watch
Monitor the trend in revenue growth and operating cash flow in the next filing to assess the sustainability of financial performance.