Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $10,119 | $12,401 | $12,647 | $12,339 | $12,673 |
| Gross Profit | $2,814 | $3,672 | $3,831 | $3,861 | $4,016 |
| Operating Income | $535 | $852 | $747 | $615 | $621 |
| Net Income | $404 | $631 | $538 | $416 | $390 |
Over the analyzed period, Henry Schein’s revenue exhibits an overall upward trend, increasing from approximately $10.1 billion in 2020 to about $12.7 billion in 2024. The strongest revenue growth occurred between 2020 and 2021—a jump of roughly 22%—which is mirrored by a healthy increase in gross profit from $2.8 billion to over $3.6 billion during the same period. However, after peaking in 2021, the subsequent years saw revenue fluctuating slightly, with modest gains in 2022 and 2024, while 2023 marked a slight contraction. Gross profit continued its gradual progress until 2024, though the pace of growth slowed in the later years, indicating potential pressures on the cost structure or pricing dynamics. In contrast, operating income and net income trends suggest challenges in maintaining profitability margins. Operating income rose from $535 million in 2020 to a peak of approximately $851 million in 2021, but then declined steadily, falling to around $621 million in 2024. Similarly, net income improved from $404 million in 2020 to $631 million in 2021, but experienced a significant downturn thereafter, dipping to $538 million in 2022 and further down to $390 million by 2024. These declines represent year-over-year swings that, while not exceeding 20% every time, consistently indicate downward pressure post-2021. Such trends may be driven by rising operating expenses, increased competition, or shifts in market conditions affecting operational efficiency. Overall, while top-line growth remains positive, the compression in profitability metrics calls for closer scrutiny of cost management and operational resilience, suggesting that sustained financial health will depend on the company’s ability to reverse margin declines and adapt to evolving industry challenges.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.