Question 1

What is Henry Schein's P/FCF ratio?

Accepted Answer

Henry Schein (HSIC) P/FCF ratio is 20.9× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Henry Schein?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Henry Schein specifically, the relevant sector benchmark is the current sector median of 19.8×.

Question 5

Is Henry Schein's P/FCF ratio high or low?

Accepted Answer

Henry Schein's P/FCF ratio of 20.9× is above its own 5-year average of 18.6× and above the sector median of 19.8×. That places the current reading at the 68th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Henry Schein's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Henry Schein (HSIC) P/FCF ratio has ranged from a low of 7.6× in 2008 to a high of 40.9× in 2003. The 5-year average is 18.6× and the 5-year median is 17.8×.

Question 7

What was Henry Schein's P/FCF ratio in 2025?

Accepted Answer

Henry Schein (HSIC) P/FCF ratio at the end of 2025 was 15.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Henry Schein's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$8.93B	$561.00M	15.9×	+3.1×	Dec 27, 2025
2024	$8.62B	$671.00M	12.8×	-15.0×	Dec 31, 2024
2023	$9.83B	$353.00M	27.8×	+6.7×	Dec 31, 2023
2022	$10.72B	$506.00M	21.2×	+4.2×	Dec 31, 2022
2021	$10.73B	$631.00M	17.0×	+0.1×	Dec 31, 2021
2020	$9.52B	$562.08M	16.9×	+0.1×	Dec 31, 2020
2019	$9.70B	$577.87M	16.8×	+1.1×	Dec 31, 2019
2018	$9.35B	$594.07M	15.7×	-3.0×	Dec 31, 2018
2017	$8.69B	$464.01M	18.7×	+1.4×	Dec 31, 2017
2016	$9.46B	$545.28M	17.4×	-2.5×	Dec 31, 2016
2015	$10.20B	$515.16M	19.8×	+2.3×	Dec 31, 2015
2014	$8.92B	$510.39M	17.5×	+4.9×	Dec 31, 2014
2013	$7.62B	$603.96M	12.6×	-2.7×	Dec 31, 2013
2012	$5.46B	$356.86M	15.3×	+6.5×	Dec 31, 2012
2011	$4.49B	$509.45M	8.8×	-3.7×	Dec 31, 2011
2010	$4.36B	$349.87M	12.5×	+1.8×	Dec 31, 2010
2009	$3.67B	$345.26M	10.6×	+3.0×	Dec 31, 2009
2008	$2.55B	$333.78M	7.6×	-12.5×	Dec 31, 2008
2007	$4.29B	$213.39M	20.1×	-0.1×	Dec 31, 2007
2006	$3.39B	$168.32M	20.2×	+6.3×	Dec 31, 2006
2005	$2.98B	$214.31M	13.9×	-1.6×	Dec 31, 2005
2004	$2.37B	$153.16M	15.5×	-10.4×	Dec 31, 2004
2003	$2.32B	$89.86M	25.8×	+8.0×	Dec 31, 2003
2002	$1.55B	$87.13M	17.8×	+1.1×	Dec 31, 2002
2001	$2.43B	$144.78M	16.8×	—	Dec 31, 2001


Align Technology (ALGN)	17.8×
McKesson (MCK)	17.8×
Gilead Sciences (GILD)	16.9×
DexCom (DXCM)	16.9×
Pfizer (PFE)	16.7×
Humana (HUM)	16.4×
Quest Diagnostics (DGX)	16.3×
Labcorp Holdings (LH)	15.9×
Becton, Dickinson and (BDX)	14.0×
HCA Healthcare (HCA)	13.5×
Incyte (INCY)	12.9×
UnitedHealth Group (UNH)	12.5×
CVS Health (CVS)	12.4×
Universal Health Services (UHS)	12.2×
Baxter International (BAX)	12.1×
Cardinal Health (CAH)	11.3×
IQVIA (IQV)	10.7×
Bristol-Myers Squibb (BMY)	10.4×
Biogen (BIIB)	10.3×
Elevance Health (ELV)	10.0×
Zimmer Biomet Holdings (ZBH)	9.6×
Cigna (CI)	9.1×
Viatris (VTRS)	9.1×
DaVita (DVA)	6.9×
Centene (CNC)	2.5×

P/FCF Ratio for Henry Schein (HSIC)

P/FCF Ratio daily chart for Henry Schein (HSIC)

Historical P/FCF Ratio for Henry Schein (HSIC) from 2001 to 2025

About P/FCF Ratio at Henry Schein (HSIC)

Henry Schein P/FCF Ratio by Year

Henry Schein P/FCF Ratio 2025: 15.9×

Henry Schein P/FCF Ratio 2024: 12.8×

Henry Schein P/FCF Ratio 2023: 27.8×

Henry Schein P/FCF Ratio 2022: 21.2×

Henry Schein P/FCF Ratio 2021: 17.0×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Henry Schein (HSIC) Key Financials

P/FCF Ratio daily chart for Henry Schein (HSIC)

Historical P/FCF Ratio for Henry Schein (HSIC) from 2001 to 2025

About P/FCF Ratio at Henry Schein (HSIC)

Henry Schein P/FCF Ratio by Year

Henry Schein P/FCF Ratio 2025: 15.9×

Henry Schein P/FCF Ratio 2024: 12.8×

Henry Schein P/FCF Ratio 2023: 27.8×

Henry Schein P/FCF Ratio 2022: 21.2×

Henry Schein P/FCF Ratio 2021: 17.0×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is Henry Schein's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for Henry Schein?

+Is Henry Schein's P/FCF ratio high or low?

+What is Henry Schein's historical P/FCF ratio range?

+What was Henry Schein's P/FCF ratio in 2025?

+Why does Henry Schein's P/FCF ratio change over time?

Henry Schein (HSIC) Key Financials