Henry Schein Inc (HSIC) - Net Assets
Based on the latest financial reports, Henry Schein Inc (HSIC) has net assets worth $4.90 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.10 Billion) and total liabilities ($6.20 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Henry Schein Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.90 Billion |
| % of Total Assets | 44.16% |
| Annual Growth Rate | 17.2% |
| 5-Year Change | 12.17% |
| 10-Year Change | 41.91% |
| Growth Volatility | 52.33 |
Henry Schein Inc - Net Assets Trend (1994–2024)
This chart illustrates how Henry Schein Inc's net assets have evolved over time, based on quarterly financial data. Also explore HSIC current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Henry Schein Inc (1994–2024)
The table below shows the annual net assets of Henry Schein Inc from 1994 to 2024. For live valuation and market cap data, see how much is Henry Schein Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.84 Billion | -6.13% |
| 2023-12-31 | $5.15 Billion | +10.32% |
| 2022-12-31 | $4.67 Billion | -0.11% |
| 2021-12-31 | $4.68 Billion | +8.44% |
| 2020-12-31 | $4.31 Billion | +10.08% |
| 2019-12-31 | $3.92 Billion | +1.65% |
| 2018-12-31 | $3.85 Billion | +5.40% |
| 2018-02-21 | $3.66 Billion | 0.00% |
| 2017-12-31 | $3.66 Billion | +7.28% |
| 2016-12-31 | $3.41 Billion | -0.60% |
| 2015-12-31 | $3.43 Billion | +1.42% |
| 2014-12-31 | $3.38 Billion | +2.90% |
| 2013-12-31 | $3.29 Billion | +7.69% |
| 2012-12-31 | $3.05 Billion | +7.59% |
| 2011-12-31 | $2.84 Billion | +4.36% |
| 2010-12-31 | $2.72 Billion | +16.11% |
| 2009-12-31 | $2.34 Billion | +32.03% |
| 2008-12-31 | $1.77 Billion | -2.40% |
| 2007-12-31 | $1.82 Billion | +21.65% |
| 2006-12-31 | $1.49 Billion | +18.33% |
| 2005-12-31 | $1.26 Billion | +12.79% |
| 2004-12-31 | $1.12 Billion | +10.13% |
| 2003-12-31 | $1.02 Billion | +17.02% |
| 2002-12-31 | $867.97 Million | +26.30% |
| 2001-12-31 | $687.24 Million | +17.07% |
| 2000-12-31 | $587.06 Million | +11.65% |
| 1999-12-31 | $525.80 Million | +12.13% |
| 1998-12-31 | $468.90 Million | +9.97% |
| 1997-12-31 | $426.40 Million | +5.34% |
| 1996-12-31 | $404.80 Million | +174.63% |
| 1995-12-31 | $147.40 Million | +256.04% |
| 1994-12-31 | $41.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Henry Schein Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 12470.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.77 Billion | 111.14% |
| Common Stock | $1.00 Million | 0.03% |
| Other Comprehensive Income | $-379.00 Million | -11.17% |
| Total Equity | $3.39 Billion | 100.00% |
Henry Schein Inc Competitors by Market Cap
The table below lists competitors of Henry Schein Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The Lottery Corporation Ltd
AU:TLC
|
$8.35 Billion |
|
Merlin Properties SOCIMI SA
LS:MRL
|
$8.35 Billion |
|
Blueprint Medicines Corp
NASDAQ:BPMC
|
$8.36 Billion |
|
StandardAero, Inc.
NYSE:SARO
|
$8.36 Billion |
|
Houlihan Lokey Inc
NYSE:HLI
|
$8.33 Billion |
|
Allegro.eu S.A.
WAR:ALE
|
$8.32 Billion |
|
SAINSBURY -J.- ADR/4 NEW
F:SUY
|
$8.31 Billion |
|
ORION CORP.B UNSP.ADR 1/2
F:OFK0
|
$8.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Henry Schein Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,655,000,000 to 3,393,000,000, a change of -262,000,000 (-7.2%).
- Net income of 390,000,000 contributed positively to equity growth.
- Share repurchases of 385,000,000 reduced equity.
- Other comprehensive income decreased equity by 173,000,000.
- Other factors decreased equity by 94,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $390.00 Million | +11.49% |
| Share Repurchases | $385.00 Million | -11.35% |
| Other Comprehensive Income | $-173.00 Million | -5.1% |
| Other Changes | $-94.00 Million | -2.77% |
| Total Change | $- | -7.17% |
Book Value vs Market Value Analysis
This analysis compares Henry Schein Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.67x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3898.68x to 2.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $0.02 | $70.82 | x |
| 1995-12-31 | $0.11 | $70.82 | x |
| 1996-12-31 | $0.32 | $70.82 | x |
| 1997-12-31 | $0.34 | $70.82 | x |
| 1998-12-31 | $0.37 | $70.82 | x |
| 1999-12-31 | $0.41 | $70.82 | x |
| 2000-12-31 | $1.70 | $70.82 | x |
| 2001-12-31 | $1.95 | $70.82 | x |
| 2002-12-31 | $4.80 | $70.82 | x |
| 2003-12-31 | $5.60 | $70.82 | x |
| 2004-12-31 | $6.18 | $70.82 | x |
| 2005-12-31 | $7.06 | $70.82 | x |
| 2006-12-31 | $8.19 | $70.82 | x |
| 2007-12-31 | $9.76 | $70.82 | x |
| 2008-12-31 | $9.71 | $70.82 | x |
| 2009-12-31 | $11.93 | $70.82 | x |
| 2010-12-31 | $12.93 | $70.82 | x |
| 2011-12-31 | $13.13 | $70.82 | x |
| 2012-12-31 | $14.55 | $70.82 | x |
| 2013-12-31 | $15.89 | $70.82 | x |
| 2014-12-31 | $16.41 | $70.82 | x |
| 2015-12-31 | $17.14 | $70.82 | x |
| 2016-12-31 | $17.20 | $70.82 | x |
| 2017-12-31 | $17.77 | $70.82 | x |
| 2018-12-31 | $19.27 | $70.82 | x |
| 2019-12-31 | $20.09 | $70.82 | x |
| 2020-12-31 | $23.35 | $70.82 | x |
| 2021-12-31 | $24.16 | $70.82 | x |
| 2022-12-31 | $25.02 | $70.82 | x |
| 2023-12-31 | $27.74 | $70.82 | x |
| 2024-12-31 | $26.55 | $70.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Henry Schein Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.49%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.08%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 3.01x
- Recent ROE (11.49%) is above the historical average (10.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | -27.53% | -2.24% | 2.56x | 4.80x | $-14.86 Million |
| 1995 | -7.14% | -1.66% | 2.08x | 2.08x | $-24.49 Million |
| 1996 | 4.83% | 2.33% | 1.32x | 1.57x | $-20.65 Million |
| 1997 | -0.24% | -0.07% | 1.89x | 1.90x | $-43.42 Million |
| 1998 | 3.52% | 0.85% | 2.00x | 2.08x | $-30.00 Million |
| 1999 | 9.71% | 2.20% | 1.90x | 2.32x | $-1.49 Million |
| 2000 | 9.80% | 2.38% | 1.93x | 2.13x | $-1.16 Million |
| 2001 | 12.84% | 3.42% | 1.85x | 2.04x | $19.33 Million |
| 2002 | 13.70% | 4.18% | 1.81x | 1.81x | $31.87 Million |
| 2003 | 13.69% | 4.10% | 1.84x | 1.81x | $37.10 Million |
| 2004 | 11.59% | 3.16% | 1.67x | 2.20x | $17.58 Million |
| 2005 | 11.19% | 3.01% | 1.79x | 2.07x | $14.84 Million |
| 2006 | 12.42% | 3.55% | 1.79x | 1.96x | $35.65 Million |
| 2007 | 13.20% | 3.97% | 1.79x | 1.86x | $56.97 Million |
| 2008 | 13.96% | 3.87% | 1.78x | 2.03x | $70.15 Million |
| 2009 | 14.28% | 4.72% | 1.70x | 1.77x | $92.49 Million |
| 2010 | 13.51% | 4.33% | 1.66x | 1.89x | $84.63 Million |
| 2011 | 15.12% | 4.31% | 1.80x | 1.95x | $124.44 Million |
| 2012 | 14.85% | 4.34% | 1.68x | 2.04x | $126.72 Million |
| 2013 | 15.94% | 4.64% | 1.70x | 2.02x | $165.57 Million |
| 2014 | 16.57% | 4.49% | 1.69x | 2.18x | $184.72 Million |
| 2015 | 16.61% | 4.51% | 1.63x | 2.26x | $190.63 Million |
| 2016 | 18.14% | 4.38% | 1.71x | 2.42x | $227.47 Million |
| 2017 | 14.45% | 3.26% | 1.58x | 2.80x | $125.15 Million |
| 2018 | 18.10% | 4.06% | 1.55x | 2.87x | $239.75 Million |
| 2019 | 16.94% | 5.09% | 1.40x | 2.39x | $208.16 Million |
| 2020 | 12.01% | 3.97% | 1.30x | 2.32x | $67.40 Million |
| 2021 | 18.22% | 5.03% | 1.46x | 2.48x | $281.41 Million |
| 2022 | 15.61% | 4.25% | 1.47x | 2.50x | $193.40 Million |
| 2023 | 11.38% | 3.37% | 1.17x | 2.89x | $50.50 Million |
| 2024 | 11.49% | 3.08% | 1.24x | 3.01x | $50.70 Million |
Industry Comparison
This section compares Henry Schein Inc's net assets metrics with peer companies in the Medical Distribution industry.
Industry Context
- Industry: Medical Distribution
- Average net assets among peers: $786,263,468
- Average return on equity (ROE) among peers: -25.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Henry Schein Inc (HSIC) | $4.90 Billion | -27.53% | 1.26x | $8.34 Billion |
| Accendra Health Inc (ACH) | $565.23 Million | -64.17% | 7.24x | $147.73 Million |
| Akso Health Group ADR (AHG) | $17.27 Million | -201.64% | 0.83x | $807.33 Million |
| Cardinal Health Inc (CAH) | $54.00 Million | 12.22% | 2.53x | $43.22 Billion |
| Cencora Inc. (COR) | $75.30 Million | 67.07% | 19.61x | $50.79 Billion |
| Cosmos Health Inc. (COSM) | $-53.68K | 0.00% | 0.00x | $10.83 Million |
| EDAP TMS SA (EDAP) | $19.41 Million | -151.12% | 3.07x | $126.31 Million |
| Empro Group Inc. Ordinary shares (EMPG) | $1.41 Million | 82.70% | 1.73x | $143.05 Million |
| McKesson Corporation (MCK) | $6.27 Billion | 15.35% | 2.82x | $90.16 Billion |
| Owens & Minor Inc (OMI) | $70.80 Million | 9.18% | 1.18x | $185.63 Million |
About Henry Schein Inc
Henry Schein, Inc. provides health care products and services to office-based dental and medical practitioners, and alternate sites of care worldwide. It operates through Global Distribution and Value-Added Services; Global Specialty Products; and Global Technology segments. The company offers dental merchandise, including infection-control products, handpieces, preventatives, impression material… Read more