Henry Schein’s Q4 and Full Year 2024 Financial Results: A Deep Dive
Henry Schein, Inc., a leading global provider of health care solutions to office-based dental and medical practitioners, recently reported its financial results for the fourth quarter and full year ended December 28, 2024. These results were consistent with the preliminary financial data shared on January 29, 2025.
Financial Highlights
For the fourth quarter, Henry Schein reported net sales of $3.3 billion, a 3.2% increase from the same period in the previous year. The company’s dental segment sales grew by 3.3%, while medical sales increased by 3.1%. Net earnings attributable to Henry Schein came in at $288.1 million, up from $269.1 million in the fourth quarter of 2023.
For the full year, net sales reached $13.5 billion, a 3.5% increase from 2023. Dental segment sales grew by 3.6%, and medical segment sales increased by 3.0%. Net earnings attributable to Henry Schein totaled $1.1 billion, a 7.3% increase from the previous year.
Impact on Consumers
The financial results from Henry Schein indicate a stable and growing market for dental and medical supplies. This is good news for consumers as it may lead to improved access to quality dental and medical care. With Henry Schein’s continued growth, they are able to invest in research and development to bring new and innovative products to market, which can result in better patient outcomes and experiences.
Impact on the World
Henry Schein’s financial results are a reflection of the overall health of the dental and medical industries. The company’s growth suggests that these industries are continuing to recover from the economic downturn caused by the COVID-19 pandemic. Additionally, Henry Schein’s ability to report strong financial results despite the ongoing pandemic highlights the resilience of the health care sector. This is particularly important as the world continues to grapple with the ongoing public health crisis.
Conclusion
Henry Schein’s Q4 and full year 2024 financial results demonstrate a stable and growing market for dental and medical supplies. These results are a positive sign for consumers, as they indicate improved access to quality dental and medical care. Additionally, Henry Schein’s continued growth is a reflection of the resilience of the health care sector, which is crucial in the ongoing fight against the COVID-19 pandemic. As we move forward, it will be interesting to see how Henry Schein and other players in the health care industry continue to adapt and thrive in a rapidly changing world.
- Henry Schein reported stable financial results for the fourth quarter and full year ended December 28, 2024.
- Net sales for the year reached $13.5 billion, a 3.5% increase from 2023.
- Dental segment sales grew by 3.6%, and medical segment sales increased by 3.0%.
- The financial results indicate a stable and growing market for dental and medical supplies.
- Henry Schein’s continued growth is a reflection of the resilience of the health care sector.
