• Henry Schein average gross margin for 2024 was 31.57%, a 2.33% increase from 2023.
• 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.

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.