Company celebrates 13 years as one of America’s largest corporations
Melville, NY, USA – Henry Schein, Inc. announced that it has moved up to #268 in the ranking of the FORTUNE 500®, celebrating its 13th year as one of America’s largest corporations. The company was ranked #287 in last year’s edition of FORTUNE 500®.
Henry Schein had net sales of $10.6 billion in 2015, up from $4.1 billion in 2004 when it first debuted on 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 15 per cent.
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 surveys are companies that are incorporated and operate in the US, and file financial statements with a government agency.
“Henry Schein continues to rise in the FORTUNE 500® rankings in large part because of the nearly 19,000 Team Schein Members throughout the world who are dedicated to helping our customers build a better practice so they can provide quality care to patients,” said Mr. Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein. “By remaining steadfast in our commitment to our customers, supplier partners, and investors, and by working together as Team Schein to give back to those in need throughout the world, we are confident that Henry Schein’s best days are yet to come.”
Henry Schein has also been a FORTUNE Most Admired Company for 15 consecutive years. In 2016, the company ranked #1 in the Wholesalers: Healthcare industry for the third year in a row. The company also ranked first in its industry 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.