HENRY SCHEIN INC (HSIC) [Rocket]

In millions, except per share items	Dec-25-21	Dec-26-20	Dec-28-19	Dec-29-18	Dec-30-17	Dec-31-16	Dec-26-15	Dec-27-14
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Healthcare distribution	11,760.1	9,529.6	9,389.5	9,009.2	8,545.8	11,146.1	10,270.9	10,022.5
Technology and value-added services	640.9	514.3	515.1	408.4	337.6	425.6	358.8	348.9
Other		75.3	81.3
Total revenues	12,401.0	10,119.1	9,985.8	9,417.6	8,883.4	11,571.7	10,629.7	10,371.4
Revenue growth [+]	22.6%	1.3%	6.0%	6.0%	-23.2%	8.9%	2.5%	8.5%
Healthcare distribution	23.4%	1.5%	4.2%	5.4%	-23.3%	8.5%	2.5%	8.5%
Technology and value-added services	24.6%	-0.2%	26.1%	21.0%	-20.7%	18.6%	2.8%	9.0%
Cost of goods sold	8,728.8	7,304.9	6,894.9	6,506.9	6,136.8	8,345.2	7,622.8	7,460.1
Gross profit	3,672.3	2,814.2	3,090.9	2,910.7	2,746.7	3,226.5	3,007.0	2,911.3
Gross margin	29.6%	27.8%	31.0%	30.9%	30.9%	27.9%	28.3%	28.1%
Selling, general and administrative	2,812.7	2,246.8	2,357.9	2,217.3	2,071.6	2,409.0	2,238.1	2,196.2
Equity in earnings	20.0	12.3	17.9	21.0	15.3	18.5	14.1	11.7
EBITDA [+]	1,089.1	765.3	935.8	858.1	824.2	1,005.8	942.1	879.1
EBITDA growth	42.3%	-18.2%	9.1%	4.1%	-18.0%	6.8%	7.2%	7.8%
EBITDA margin	8.8%	7.6%	9.4%	9.1%	9.3%	8.7%	8.9%	8.5%
Depreciation	85.7	79.6	76.6	68.3	63.6	71.6	66.2	62.6
EBITA	1,003.4	685.6	859.2	789.8	760.7	934.2	875.9	816.5
EBITA margin	8.1%	6.8%	8.6%	8.4%	8.6%	8.1%	8.2%	7.9%
Amortization of intangibles	123.8	105.9	108.3	75.3	70.3	98.2	92.9	89.6
EBIT [+]	879.6	579.7	750.9	714.5	690.4	836.0	783.0	726.9
EBIT growth	51.7%	-22.8%	5.1%	3.5%	-17.4%	6.8%	7.7%	5.8%
EBIT margin	7.1%	5.7%	7.5%	7.6%	7.8%	7.2%	7.4%	7.0%
Non-recurring items [+]	7.9	32.1	14.7	92.9	5.3	45.9	34.9
Legal settlement				38.5	5.3
Interest expense, net [+]	21.1	31.5	35.0	60.5	38.6	18.6	13.1	10.4
Interest expense	27.6	41.4	50.8	76.0	51.1	31.9	26.0	24.1
Interest income	6.5	9.8	15.8	15.5	12.4	13.3	12.9	13.7
Other income (expense), net [+]	-20.0	-16.2	-20.8	-24.3	-16.6	-15.6	-14.2	-7.2
Gain (loss) on sale of assets	7.3	1.6	186.8		-17.6
Other	0.0	-3.9	-2.9	-3.3	-1.3	2.9	-0.1	4.6
Pre-tax income	830.5	499.9	680.3	536.8	629.8	755.8	720.8	709.3
Income taxes	-197.3	-95.4	-159.5	107.4	-309.0	218.0	211.4	215.6
Tax rate				20.0%		28.8%	29.3%	30.4%
Minority interest						49.6	44.4	39.4
Earnings from continuing ops	660.5	418.4	1,450.9	450.4	318.5	506.8	479.1	466.1
Earnings from discontinued ops		1.0	-6.3	111.7	140.8
Net income	660.5	419.4	1,444.6	562.1	459.3	506.8	479.1	466.1
Net margin	5.3%	4.1%	14.5%	6.0%	5.2%	4.4%	4.5%	4.5%

Basic EPS [+]	$4.71	$2.94	$9.82	$2.95	$2.03	$3.14	$2.89	$5.53
Growth	60.6%	-70.1%	232.7%	45.3%	-35.2%	8.4%	-47.7%	10.1%
Diluted EPS [+]	$4.66	$2.92	$9.72	$2.93	$2.01	$3.10	$2.85	$5.44
Growth	59.7%	-70.0%	231.7%	45.6%	-35.0%	8.7%	-47.6%	10.4%

Shares outstanding (basic) [+]	140.1	142.5	147.8	152.7	156.8	161.6	165.7	84.3
Growth	-1.7%	-3.6%	-3.2%	-2.6%	-3.0%	-2.4%	96.6%	-1.9%
Shares outstanding (diluted) [+]	141.8	143.4	149.3	153.7	158.2	163.7	168.3	85.7
Growth	-1.1%	-3.9%	-2.9%	-2.8%	-3.4%	-2.7%	96.2%	-2.1%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.