Company Celebrates 11 Years as One of America’s Largest Corporations
MELVILLE, N.Y., June 4, 2015 – Henry Schein, Inc. (NASDAQ: HSIC), the world's largest provider of health care products and services to office-based dental, animal health and medical practitioners, announced today that it has climbed to #287 on the FORTUNE 500®, celebrating its 11th year as one of America’s largest corporations. The Company was previously ranked at #292.
Henry Schein had net sales in 2014 of $10.4 billion, up from $4.1 billion in 2004 when it first debuted on the FORTUNE 500 at #487. Since Henry Schein became a public company in 1995, the Company’s sales have grown at a compound annual rate of 16 percent.
The FORTUNE 500 list is an annual ranking of America's largest corporations based on total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency. To view the FORTUNE 500 list, visit Fortune.com/fortune500.
“Henry Schein’s 11-year climb up the Fortune 500 rankings is a testament to the shared commitment and values of our more than 18,000 Team Schein Members across the globe, all of whom are dedicated to helping practitioners improve the efficiency of their practices and provide quality patient care,” said Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein. “By serving our customers, partnering with our suppliers, providing steady financial results to our investors, and working together as Team Schein to give back to the communities we serve around the world, we have found the path to what we believe will be our continued success in the future.”
Henry Schein also has been a FORTUNE Most Admired Company for 14 consecutive years. The Company ranks first overall on the list in the “Wholesalers: Health Care” industry and first in all nine sub-categories that comprise the overall ranking: Management Quality; Quality of Products and Services; Innovativeness; Value as a Long-Term Investment; Soundness of Financial Position; Ability to Attract, Develop and Retain Talent; Community Responsibility; Wise Use of Corporate Assets; and Effectiveness in Conducting a Global Business.
About Henry Schein, Inc.
Henry Schein, Inc. (NASDAQ:HSIC) is the world's largest provider of health care products and services to office-based dental, animal health and medical practitioners. The Company also serves dental laboratories, government and institutional health care clinics, and other alternate care sites. A Fortune 500® Company and a member of the S&P 500® and the NASDAQ 100® indexes, Henry Schein employs more than 18,000 Team Schein Members and serves more than one million customers.
The Company offers a comprehensive selection of products and services, including value-added solutions for operating efficient practices and delivering high-quality care. Henry Schein operates through a centralized and automated distribution network, with a selection of more than 100,000 branded products and Henry Schein private-brand products in stock, as well as more than 150,000 additional products available as special-order items. The Company also offers its customers exclusive, innovative technology solutions, including practice management software and e-commerce solutions, as well as a broad range of financial services.
Headquartered in Melville, N.Y., Henry Schein has operations or affiliates in 29 countries. The Company's sales reached a record $10.4 billion in 2014, and have grown at a compound annual rate of approximately 16 percent since Henry Schein became a public company in 1995. For more information, visit Henry Schein at www.henryschein.com, Facebook.com/HenrySchein and @HenrySchein on Twitter.
CONTACT: Susan Vassallo
Vice President, Corporate Communications