• Henry Schein average gross margin for 2023 was 30.85%, a 2.7% increase from 2022.
• Henry Schein average gross margin for 2022 was 30.04%, a 4.38% increase from 2021.
• Henry Schein average gross margin for 2021 was 28.78%, a 1.67% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.